IAG International Airlines Group is propelling forward with the expansion of its aircraft fleets for both British Airways and Iberia. The airlines group recently affirmed options for six Boeing B787-10s for British Airways, scheduled for delivery in 2025 and 2026. In addition, IAG transformed one A350-900 option for Iberia.
Choosing the Best for British Airways
IAG, while securing the six Boeing B787-10 options for British Airways, expressed a flexible approach towards financing these sizable acquisitions. “The Group has a range of financing options and will choose the most appropriate financing source closer to the delivery time,” the company stated.
According to the ch-aviation fleets advanced module, British Airways currently operates an assortment of Boeing 787s. This includes seven B787-10s, twelve B787-8s, and eighteen B787-9s. Beyond the six newly confirmed -10s, the airline also anticipates the delivery of five more B787-10s from a previous order.
Elevating Iberia’s Capabilities
On the other side of the coin, the conversion of the A350-900 option signifies a noteworthy enhancement for Iberia’s fleet. Iberia’s current A350 collection includes eighteen aircraft, among which is a second-hand unit previously operated by Hainan Airlines and acquired from AerCap. Prior to the recent conversion, Iberia also had three additional A350-900s from Airbus on its order book, along with another ex-Hainan Airlines aircraft from AerCap. IAG still holds options for fifteen more A350-900s.
Unlike British Airways, Iberia does not operate any Boeing B787s. However, British Airways’ Airbus A350 fleet consists of fifteen A350-1000s, demonstrating a diverse aircraft mix within the airlines group.
With these strategic moves, IAG is setting a solid foundation for the continued growth of both British Airways and Iberia. This is not only an investment in the airlines’ respective fleets but also a significant step towards maintaining their competitive positions in the international aviation market.
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