IAG exercises purchase options for seven long-range jets for British Airways and Iberia
International Airlines Group (IAG) has agreed to convert seven aircraft options (six Boeing 787-10s and one Airbus A350-900) into firm orders to strengthen the long-haul fleets of its British Airways and Iberia.
As reported this Thursday to the Spanish Securities and Exchange Commission (CNMV), the aircraft will be delivered between 2025 and 2026 and will allow to recover the capacity of the long-haul fleets of both airlines.
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Specifically, the six Boeing 787-10s will be operated by British Airways, while the Airbus A350-900 will be part of Iberia’s fleet.
“These state-of-the-art aircraft will help restore capacity to pre-pandemic levels,” said IAG CEO Luis Gallego.
IAG will also add six more 787-10 options to its long-haul order book.
To pay for the new aircraft, the company says it has a number of financing options available, and will choose the most suitable one closer to delivery.
Photo: Alan Wilson/Wikipedia
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