Boeing lands big British Airways order for new 777-9 jetliner

IAG Thursday said it would place a big order for Boeing ’s 777-9 jetliner, ending a 2-year sales drought for the new long-haul plane. IAG said it would place a firm order for 18 Boeing 777-9s and take options for up to 24 more. The deal has a combined value of US$18.5b at list price before industry standard discounts. The jetliners will eventually replace BA’s aging 747 jumbo jets in another sign twin-engine long-range planes are supplanting their 4-engine rivals. The 777X, when it flies later this year, will become the world’s largest twin-engine airliner. IAG CE Walsh called the 777-9 “the ideal replacement for the Boeing 747.” BA also will phase out some of its 777-200s. Deliveries are due between 2022 and 2025. Though the 777X can seat more than 400 passengers, BA says it will equip them with 325 seats. <br/>
Wall Street Journal
https://outline.com/A28jgL
2/28/19