IAG converts 18 787 options to firm orders

International Airlines Group (IAG) has reached agreement with Boeing to convert 18 existing Boeing 787s options into firm orders for British Airways. They will be used to replace some of the airline’s Boeing 747-400 aircraft between 2017 and 2021. For Iberia, IAG has reached agreement with Boeing to secure commercial terms and delivery slots that could lead to an order for Boeing 787s. Firm orders will only be made when Iberia has restructured and reduced its cost base and is in a position grow profitably. British Airways’ 787s will be powered by Rolls-Royce Trent 1000 engines. The engine order includes