IAG converts six B787-10 and one A350-900 options

International Cons Airlines Group
27 July 2023

A picture containing font, text, white, logo Description automatically generated 




IAG converts six Boeing 787-10 and one A350-900 options into firm orders

International Airlines Group (IAG) is converting six Boeing 787-10 options held by British Airways into firm orders and at the same time is adding a further six 787-10 options to its long-haul order book.

IAG is also converting one Airbus A350-900 option held by Iberia into a firm order.

The firm aircraft will be delivered in 2025 and 2026 and will be used by British Airways and Iberia to restore capacity in the airlines' long-haul fleets.

Luis Gallego, IAG Chief Executive Officer, said: "These latest generation aircraft will contribute to restoring capacity to pre-pandemic levels.  They will be among the most fuel-efficient aircraft in our long-haul fleet and will help towards our commitment to achieve net zero carbon emissions by 2050."


 Nicholas Cadbury

Chief Financial Officer


 27 July 2023



·    The price of a Boeing 787-10 was listed by Boeing as approximately $428.5m in January 2024 dollars and the A350-900 was listed as approximately $317.4m in the last published Airbus price list of January 2018. IAG has negotiated substantial discounts from the list prices.

·    The Group has a range of financing options and will choose the most appropriate financing source closer to the delivery time.




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
UK 100

Latest directors dealings