IAG, Boeing reach deal on 18 long-haul planes
MADRID, April 3
MADRID, April 3 (Reuters) - International Airlines Group on Wednesday said it had reached a deal with Boeing to convert options into firm orders for 18 long-haul planes.
The Boeing 787s would replace some of British Airways' current fleet of Boeing 747-400 between 2017 and 2021, IAG said in a statement to the Spanish stock exchange.
IAG said it is also talking with Boeing on the commercial conditions for an order of 747s for the Spanish airline Iberia, adding the carrier had first to complete its ongoing restructuring to rein in costs.
- Police hunt for motive as search for Malaysian jet spans hemispheres |
- Crimeans vote on union with Russia as Moscow pours in troops |
- Malaysian PM says lost airliner was diverted deliberately |
- Democrats seek ways to limit Obamacare fallout after Florida defeat
- Indian Ocean poses daunting challenge in search for missing Malaysia plane