IAG converts six B787-10 and one A350-900 options

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[{"type":"text","content":"\n\n \n \n\nINTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. (\"IAG\")\n \nIAG converts six Boeing 787-10 and one A350-900 options into firm orders\nInternational Airlines Group (IAG) is converting six Boeing 787-10 options held by British Airways into firm orders and at the same time is adding a further six 787-10 options to its long-haul order book.\nIAG is also converting one Airbus A350-900 option held by Iberia into a firm order.\nThe firm aircraft will be delivered in 2025 and 2026 and will be used by British Airways and Iberia to restore capacity in the airlines' long-haul fleets.\nLuis Gallego, IAG Chief Executive Officer, said: \"These latest generation aircraft will contribute to restoring capacity to pre-pandemic levels.  They will be among the most fuel-efficient aircraft in our long-haul fleet and will help towards our commitment to achieve net zero carbon emissions by 2050.\"\n \n Nicholas Cadbury\nChief Financial Officer\n \n 27 July 2023\n \nNOTE TO EDITORS:\n·    The price of a Boeing 787-10 was listed by Boeing as approximately $428.5m in January 2024 dollars and the A350-900 was listed as approximately $317.4m in the last published Airbus price list of January 2018. IAG has negotiated substantial discounts from the list prices.\n·    The Group has a range of financing options and will choose the most appropriate financing source closer to the delivery time.\n \n \nLEI: 959800TZHQRUSH1ESL13\n\n","length":3149,"tagName":"div"}]

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