News: IAG places Airbus order to modernise long-haul fleet
International Airlines Group has confirmed it’s ordering Airbus A350 aircraft for the group’s long-haul fleet. For British Airways, there are 18 A350-1000 firm orders, plus 18 options. These are along with 18 Boeing 787 options which IAG announced previously that it plans to transform into firm orders. The A350 and Boeing 787 firm orders may be used to exchange 30 Boeing 747-400 aircraft between 2017 and 2023 while the choices may be used to switch aircraft or provide opportunities for growth. For Iberia, IAG has also reached agreement with Airbus in addition to Boeing to secure commercial terms and delivery slots that may result in firm orders for A350s and/or Boeing 787s. Firm orders will only be made when Iberia is able to grow profitably, having restructured and reduced its...
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