British Airways, Iberia plan 787 orders

British Airways parent IAG said it will buy 18 additional Boeing Co. 787s and possibly more Dreamliners for its Iberia arm once restructuring measures for the Spanish unit take hold.

British Airways is exercising existing options for 787s to be delivered from 2017 through 2021 and phase out Boeing 747-400s, IAG said in a statement Wednesday. They will be powered by Rolls-Royce Holdings Trent 1000 engines, IAG said.

British Airways had previously ordered 24 787s and is due to start taking deliveries this year once Boeing begins handing over aircraft again after Dreamliner operations were halted on Jan. 16. Boeing is working with regulators to certify an upgrade to the 787 electrical system after fire incidents caused U.S. Federal Aviation Administration to ground the fleet.

“The aircraft offers a step change in fuel burn efficiency versus our existing aircraft with improvements in fuel cost per seat of more than 20 percent,” Willie Walsh, chief executive officer of International Consolidated Airlines Group SA, as London-based IAG is known, said in the statement.

IAG said it has also secured an unspecified number of additional delivery slots for future Iberia needs, saying the creating of the parent company has resulted in greater buying power for both airlines. Iberia currently operates Airbus SAS wide-bodies for its intercontinental flights.

“We are delighted that our valued customer IAG plans to increase the number of 787s in the British Airways fleet, which is testament to the 787s unrivaled fuel efficiency and passenger comfort,” Boeing said in an emailed statement, adding the deal still needs to be finalized.

More in Herald Business Journal

Glitches slow Boeing, SpaceX plans for human spaceflight

Boeing has an issue with its abort system that may cause the spacecraft to “tumble.”

Best foot forward: Ferndale company to make custom shoes easy

Long specializing in insoles, Superfeet is putting 3-D machines in stores to make customized shoes.

Planemaker joins forces with auto-industry supplier Adient

The new venture poses a threat to Zodiac Aerospace and Rockwell Collins

Alaska Airlines has selected destinations for new service from Paine Field. (Alaska Airlines)
Alaska Airlines will fly from Everett to 8 West Coast cities

Two destinations that didn’t make the list were Spokane and Hawaii.

Port of Everett CEO Les Reardanz has been called up and will be spending much of the year away from his office. He is going to Afghanistan. (Dan Bates / The Herald)
Port of Everett CEO reporting for duty — in Afghanistan

Les Reardanz has been called to active duty with the Navy for an eight-month deployment.

Boeing opens new $17 million training center in Auburn

Workers and dignitaries marked the grand opening of the facility Monday.

Trump’s company fights efforts to shed the president’s name

“Our homes are worth more without the Trump name.”

Airbus floats shutdown of A380 superjumbo

The aircraft is so big that some airports had to expand runways to accommodate the 550-seat plane.

Does a hypersonic US reconnaissance plane already exist?

A Skunk Works executive speaks of the top secret aircraft as if it is already in operation.

Most Read