IAG in talks with Airbus on A350 order for British Airways: WSJ

Mon Apr 1, 2013 5:07pm EDT

A British Airways passenger jet takes off from Heathrow Airport in west London April 7, 2011. REUTERS/Stefan Wermuth

A British Airways passenger jet takes off from Heathrow Airport in west London April 7, 2011.

Credit: Reuters/Stefan Wermuth

Related Topics

(Reuters) - Airline holding company International Airlines Group (ICAG.L) could order Airbus' new A350 long-range aircraft for its British Airways arm as soon as this week, the Wall Street Journal reported on Monday.

The exact number of planes to be ordered and the potential value of the contract were still under discussion with the talks mainly centered on the A350-1000, the largest aircraft in the A350 range, the WSJ said on its website citing two people familiar with the talks.

The financial daily cited one of the people as saying the order could also include the smaller A350-900.

If a deal is agreed, it would be a win for EADS-owned EAD.PA Airbus over rival Boeing Co (BA.N) which is trying to sell British Airways the next version of its popular 777 wide-body jet, the paper reported.

However, the Journal said British Airways, which already has a large fleet of Boeing 777s, could still order the revamped 777X.

British Airways mainly operates Boeing aircraft on long-haul routes with its current Airbus planes, mainly from the A320 family, used on shorter runs, according to the airline's website.

However, the company also has 12 Airbus A380 super-jumbos on order, its website shows.

Airbus was not immediately available for comment. An IAG spokeswoman declined to comment.

(Reporting by Abhishek Takle in Bangalore; Editing by Chris Reese)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

California state worker Albert Jagow (L) goes over his retirement options with Calpers Retirement Program Specialist JeanAnn Kirkpatrick at the Calpers regional office in Sacramento, California October 21, 2009. Calpers, the largest U.S. public pension fund, manages retirement benefits for more than 1.6 million people, with assets comparable in value to the entire GDP of Israel. The Calpers investment portfolio had a historic drop in value, going from a peak of $250 billion in the fall of 2007 to $167 billion in March 2009, a loss of about a third during that period. It is now around $200 billion. REUTERS/Max Whittaker   (UNITED STATES) - RTXPWOZ

How to get out of debt

Financial adviser Eric Brotman offers strategies for cutting debt from student loans and elder care -- and how to avoid money woes in the first place.  Video