British Airways owner IAG splashes out $23bn on new planes despite US trade war fears
Briefly

International Consolidated Airlines Group (IAG), parent of British Airways, has announced a $23 billion order for new aircraft, despite fears of declining transatlantic travel due to geopolitical tensions. The carrier aims to meet its profit forecast of €4.6 billion by 2025 and asserts that air travel demand remains strong, contrary to recent warnings from competitors about weakened bookings. IAG's order includes 32 Boeing and 21 Airbus aircraft and reflects a strategy to modernize its fleet and improve efficiency while navigating the challenges posed by global trade policies.
British Airways parent company International Consolidated Airlines Group (IAG) is moving ahead with a $23 billion aircraft order, indicating confidence in market demand despite economic challenges.
IAG's commitment includes 32 Boeing 787-10 Dreamliners and 21 Airbus A330-900neo aircraft, reinforcing its transatlantic operations and enhancing operational efficiencies.
Read at Business Matters
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