Matt Molnar
2008-06-03, 11:59 AM
British Airways to Order Widebody Aircraft This Year (Update1) (http://www.bloomberg.com/apps/news?pid=20601102&sid=aonScKgqtfLQ&refer=uk)
By Andrea Rothman and Tracy Alloway
June 3 (Bloomberg) -- British Airways Plc said it aims to place an order for widebody planes this year even as it struggles with higher fuel prices and an economic slowdown.
Europe's third-biggest airline is looking at Boeing Co.'s 777-300ER and a planned stretch version of the 787 Dreamliner, together with Airbus SAS's A350 XWB-1000, Chief Executive Officer Willie Walsh said today in an interview in Istanbul.
British Airways is aiming to replace 57 Boeing Co. 747 jumbo jets and 21 twin-engine 767s and in September satisfied part of that requirement with an order for 36 Boeing, including 24 Dreamliners, and Airbus jets valued at $8.2 billion. Even as it buys new planes, the London-based airline will probably idle older ones as it seeks to match capacity to demand, Walsh said. [Full Article (http://www.bloomberg.com/apps/news?pid=20601102&sid=aonScKgqtfLQ&refer=uk)]
By Andrea Rothman and Tracy Alloway
June 3 (Bloomberg) -- British Airways Plc said it aims to place an order for widebody planes this year even as it struggles with higher fuel prices and an economic slowdown.
Europe's third-biggest airline is looking at Boeing Co.'s 777-300ER and a planned stretch version of the 787 Dreamliner, together with Airbus SAS's A350 XWB-1000, Chief Executive Officer Willie Walsh said today in an interview in Istanbul.
British Airways is aiming to replace 57 Boeing Co. 747 jumbo jets and 21 twin-engine 767s and in September satisfied part of that requirement with an order for 36 Boeing, including 24 Dreamliners, and Airbus jets valued at $8.2 billion. Even as it buys new planes, the London-based airline will probably idle older ones as it seeks to match capacity to demand, Walsh said. [Full Article (http://www.bloomberg.com/apps/news?pid=20601102&sid=aonScKgqtfLQ&refer=uk)]