News

IAG Orders Another 18 Dreamliners for BA

IAG Orders Another 18 Dreamliners for BA

International Airlines Group has reached agreement with Boeing for new long-haul aircraft for the group’s fleet at a cost of €3 billion. IAG plans to convert 18 existing Boeing 787 Dreamliner options into firm orders for British Airways. They will be used to replace some of the airline’s B747-400 aircraft between 2017 and 2021.

IAG Willie Walsh

Willie Walsh, Chief Executive, IAG

For Iberia, IAG has reached agreement with Boeing to secure commercial terms and delivery slots that could lead to an order for Boeing 787s. Firm orders will only be made when Iberia has restructured, reduced its cost base, and is in a position to grow profitably.

Willie Walsh, IAG Chief Executive, said: “British Airways has 24 Boeing 787s on order already and we plan to boost this by a further 18 aircraft by exercising our options.

“The aircraft offers a step change in fuel burn efficiency versus our existing aircraft with improvements in fuel cost per seat of more than 20%. New technology engines and improved aerodynamics will lower fuel burn leading to reduced carbon and NOx emissions.

“The creation of IAG has resulted in greater buying power for both airlines through joint procurement and we have been able to obtain delivery slots for Iberia as part of British Airways’ order.”

British Airways has 118 wide-bodied long-haul aircraft in its fleet with 42 aircraft (12 A380s, 24 B787s, six B777-300ERs) already ordered. Iberia has 31 wide-bodied long-haul aircraft in its fleet with six A330 aircraft already ordered.

The new fleet order is subject to approval by IAG shareholders.

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

NEIL STEEDMAN has been a trade journalist, copywriter, editor and proofreader for 50 years, and News & Features Editor for ‘Irish Travel Trade News’ for the past 40 years.

More in News

Tourism Thailand + THY 1

Elaine and Aoife Win Places on Tourism Thailand + Turkish Airlines Mega Fam – Cork Winner Tonight!

Neil SteedmanSeptember 21, 2017
Finnair eNews Story 5

Win a Two-Night Break for Two in Helsinki with Finnair and Sokos Hotels

Michael FloodSeptember 21, 2017
Qatar Airways Chauffer Service

Arrive in Style with Qatar Airways Luxury Global Chauffeur Service

Neil SteedmanSeptember 21, 2017
Sinead Reilly, Strategic Account Director, Northern European Region, Travelport

Travelport Appoints Sinead Reilly in New Role of Strategic Account Director for Northern Europe

Neil SteedmanSeptember 21, 2017
South Africa

South African Tourism Announces First Ever Agent Training Roadshow in Ireland

Neil SteedmanSeptember 21, 2017
WTM London 2017

Chief EP Brexit Negotiator 
to Speak at WTM London Leaders’ Lunch

Neil SteedmanSeptember 21, 2017
Cork Airport eNews September 2017 Story 2

Cork Airport and Norwegian Air – History Commences

Neil SteedmanSeptember 20, 2017
Cork Airport eNews September 2017 Story 1

Get Set for a European City Break Spectacular

Neil SteedmanSeptember 20, 2017
Cork Airport eNews September 2017 Story 3

Awarding Excellence at Cork Airport

Neil SteedmanSeptember 20, 2017

Copyright © 2016 Belgrave Group Limited, C4 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14, Ireland