- Advertisement -
British Airways gets 32 new Boeing aircraft, in a deal with a value of almost $ 13 billion, the parent company announced on Friday, one day after American officials teased that there was a large order for the largest aircraft manufacturer in America.
IAG, who owns British Airways and other European airlines, said the Boeing aircraft As well as 21 aircraft from Airbus, a French space company, which was delivered between 2028 and 2033. Most planes were replacements for aging aircraft, but about a third would expand the fleet of the group while taking a bet on long -distance flights.
The announcement came after Howard Lutnick, the American trade secretary, said Thursday that Great -Britain would buy $ 10 billion in Boeing aircraft While he announced details about what he called a “strong” trade agreement between the two countries. However, the aircraft order is a commercial agreement and not part of the trade agreement of the governments.
Mr. Lutnick also said that the United States would delete rates on jet engines and other parts of Rolls-Royce, a British company, although the scheme was not included in the documents published by the US and British governments on Thursday.
On Thursday, the two countries corresponded to a framework to lower American rates on cars and steel For British import, while Great Britain increased the market access for American beef and ethanol. President Trump and Keir Starmer, the British Prime Minister, congratulated each other with the first trade agreement since the US government Significantly increased rates for its trading partners. But this agreement is not final: more negotiations will take place and it is unclear when the rate reductions will come into effect.
The Boeing order, announced in addition to the quarterly winning report of IAG, was for 787-10 aircraft with a catalog price of $ 397 million (in dollar prices from January), each with the order for 32 aircraft worth $ 12.7 billion. But the company said it had a discount on that price. IAG has the option to buy 10 more aircraft.
IAG also said that it bought 21 Airbus A330-900neo aircraft for its other airlines, including Aer Lingus and Iberia, in a deal with a value of almost $ 8 billion, and with the option to buy 13 more.
Luis Gallego, the Chief Executive of IAG, described it as a “milestone” order that was part of a long -term strategy to upgrade its fleet, including to more energy -efficient surfaces.
“Looking ahead to the next decade, these new aircraft will enable us to strengthen our core markets and further improve our customer experience, while we continue to stimulate long -term shareholders,” he said.
British Airways flies both Boeing and Airbus aircraft. In March, IAG ordered six aircraft from each company for British Airways, which will be delivered later in the decade. Those planes are not part of the order announced on Friday.
IAG made the announcement because it reported 1983 million euros in the business profit in the first quarter of 2025, an increase of € 68 million a year ago. The company’s share price rose nearly 3 percent on the London Stock Exchange.
The company said too The closure of Heathrow Airport for a day in MarchDue to a power outage and a nearby fire, British Airways cost around € 50 million.
- Advertisement -