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The owner of British Airways buys 32 Boeing planes worth $ 13 billion

remon Buul by remon Buul
May 9, 2025
in Business
0
The owner of British Airways buys 32 Boeing planes worth $ 13 billion

British Airways will have 32 new Boeing, in an agreement worth nearly $ 13 billion, announced on Friday his parent company, one day after the US officials teased a large order for the largest American aircraft manufacturer.

IAG, who owns British Airways and other European airlines, said that she had ordered Boeing aircraft as well as 21 Airbus planes, a French aerospace company, be delivered between 2028 and 2033. Most planes replaced aging aircraft, but about a third were to extend the group of the group because he took a bet on long flights.

The announcement was made after Howard Lunick, the United States Secretary of Commerce, said on Thursday that Great Britain would buy $ 10 billion in Boeing aircraft when he announced details on what he called a “strong” trade agreement between the two countries. The order of the plane, however, is a trade agreement and is not part of the government’s trade agreement.

Lunick also said that the United States would remove prices on jet engines and other parts of Rolls-Royce, a British company, although the arrangement was not included in documents published Thursday by American and British governments.

On Thursday, the two nations agreed with a framework to reduce American prices on cars and steel for British imports, while Great Britain increased access to the American market and ethanol. President Trump and Keir Starmer, the British Prime Minister, warmly welcomed the first trade agreement since the US administration has considerably raised prices for its business partners. But this agreement is not final: more negotiations will take place, and we do not know when the pricing reductions will take effect.

Boeing’s order, announced alongside the IAG quarterly profits report, was 787-10 planes with a list of $ 397 million (in price from January) each, which makes the order of 32 aircraft worth $ 12.7 billion. But the company said that it had given a discount on this price. IAG can buy 10 additional planes.

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