IAG Purchases 71 Aircraft From Boeing and Airbus

Of the proposed 53 aircraft, 35 would serve to replace existing aircraft or, for LEVEL, supplement short-term leases, the airline group said.

British Airways 787-10 Dreamliner
A British Airways 787-10 (Photo: AirlineGeeks | William Derrickson)
Gemini Sparkle

Key Takeaways:

IAG, the parent company of British Airways, placed an order for 32 Boeing 787-10 aircraft. The acquisition comes after the announcement of a trade deal between the U.S and the U.K.

In addition, IAG is also buying 21 Airbus A330-900neo aircraft assigned to Aer Lingus, Iberia, and LEVEL.

The first Airbus A330neo takes off in Toulouse (Photo: AirlineGeeks | Fabian Behr)

The deal disclosed the options exercised in March for an additional 18 aircraft, including six Boeing 777-9s, six Airbus A350-900s, and six A350-1000s, according to Reuters.

Luis Gallego, Chief Executive of IAG, said the order was a “milestone and would strengthen our core market.”

The 787s will be powered by General Electric engines, and the Airbus aircraft will be powered by Rolls-Royce engines. The order is part of a trade deal between the two countries.

Of the proposed 53 aircraft, 35 would serve to replace existing aircraft or, for LEVEL, supplement short-term leases, the airline group said. The new orders would also “allow 18 aircraft for growth in IAG’s core markets.”

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