CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

BA signs $12bn deal with Airbus

Published: 23 Apr 2013 - 04:26 am | Last Updated: 02 Feb 2022 - 02:15 pm

 
 
LONDON: British Airways yesterday announced a deal to buy up to 36 long-haul Airbus A350 passenger planes worth almost $12bn at list prices. BA said parent group IAG, which owns also Spanish carrier Iberia, had signed a Memorandum of Understanding to buy 18 Airbus A350-1000 aircraft with an option to purchase 18 more.
Each plane has a catalogue price of $332.1m, according to European planemaker Airbus’ website, though airlines tend to receive significant discounts on bulk orders. AFP