British Airways’ owner orders Airbus A350-1000s

The owner of British Airways signed a tentative deal Monday to buy up to 36 Airbus A350-1000 aircraft.

International Airline Group, the owner of British Airways and Iberia, pledged to buy 18 A350s and secured options for 18 more, Airbus said Monday. The order is valued at $12 billion at list prices.

“This is an important announcement from one of the world’s most respected and influential airline brands,” John Leahy, Airbus chief operating officer for customers, said in a statement.

British Airways also has expressed interest in buying an updated version of Boeing’s 777, dubbed the 777X, when the Chicago-based company gets the OK to offer that jet to customers.

Earlier this month, IAG agreed to buy 18 Boeing 787s for British Airways. Both British Airways and Iberia are planning to retire older jets, including Boeing 747-400s, 777-200s and Airbus A330s and A340s.

More in Herald Business Journal

Snohomish County’s campaign to land the 797 takes off

Executive Dave Somers announced the formation of a task force to urge Boeing to build the plane here.

A decade after the recession, pain and fear linger

No matter how good things are now, it’s impossible to forget how the collapse affected people.

Panel: Motorcycle industry in deep trouble and needs help

They have failed to increase sales by making new riders out of women, minorities and millennials.

Costco rises as results display big-box retailer’s resiliency

Their model has worked in the face of heightened competition from online, brick-and-mortar peers.

For modern women, 98-year-old rejection letters still sting

In a stark new video, female Boeing engineers break the silence about past inopportunity.

Tax reform needs the public’s input on spending priorities

The GOP tax plan is a good idea, but the next step should give us a voice on how taxes are spent.

Commentary: GM, Boeing fight a war of words over Mars

Boeing is strongly signaling how crucial deep-space exploration is to its future.

Under cloud of ethics probes, Airbus CEO Enders to step down

He leaves in 2019 after 14 years. Meanwhile, aircraft division CEO Fabrice Bregier leaves in February.

$4.99 sandwich promotion irks some Subway business owners

Management insists that “most franchisees support the promotion.”

Most Read