British Airways Aircraft Deliveries - British Airways has provided updated details of the planned delivery of new short-haul and long-haul aircraft from this year.
Every year, British Airways' parent company, International Airlines Group, releases its annual fleet plan on Capital Markets Day.
British Airways Aircraft Deliveries
As this is announced for the whole group, it is not easy to determine which orders and future deliveries belong to BA, especially for short-haul aircraft.
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However, BA has recently submitted its annual accounts. We read these so you don't have to, and here's BA's timetable for new aircraft deliveries from 31 December 2018:
This precedes IAG's decision to order 18 Boeing 777-9 aircraft for BA. While it includes one SAAB aircraft on wet lease, it does not include other aircraft such as Air Belgium's Airbus A340. BA CityFlyer will also be purchasing additional (probably second-hand) Embraer E190 aircraft for London City.
In total, these are 52 new wide-body aircraft over the next five years, so they will replace at least 35 Boeing 747s and 3 Boeing 777-200s.
This allows for significant growth, but is of course subject to change depending on economic and geopolitical events.
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Another thing worth noting is that BA's options to acquire 7 more Airbus A380s have now expired or been cancelled. Following Airbus' decision to end production of the Airbus A380, it became clear that BA would no longer order new A380s. This is now beyond doubt. IAG Group airlines, including British Airways, now plan to take delivery of 68 fewer new aircraft by the end of 2022 than planned. (Photo: British Airways)
International Airlines Group is braving three tough years and does not expect to return to trading terms from 2019 to 2023. Group Chief Executive Willie Walsh announced the plans on Thursday, reporting an operating loss of 535 euros ($577 million) in the first quarter of 2020. Delaying the delivery of 68 new aircraft and returning more than 100 leased fleets in an effort to rebalance overall fleet capacity in the face of reduced demand.
The first-quarter loss marked a sharp turnaround from the same period in 2019, when the group, which includes British Airways, Iberia and Aer Lingus, posted a profit of 135 million euros ($140 million). Much of the damage was caused by the near-total collapse of traffic in the last three weeks of March in response to government travel restrictions due to the Covid-19 pandemic. Walsh warned that the second quarter was likely to be much worse, with available seat kilometers scheduled to drop by 95 percent in April and May.
Revenues fell just 6.5 percent in the first quarter compared to the same period last year. IAG CFO Steve Gunning explained that the group took an exceptional charge of 1.3 billion euros ($1.4 billion) to offset losses from "over-hedging" of fuel as a result of a significant drop in the airline's Jet-A use.
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This year, the IAG carrier will reduce the number of new aircraft added to the combined fleet from 44 to 38. Deliveries will fall from 42 to 15 next year, and from 57 to 22 in 2022. It plans to return 20 leased aircraft this year, with 96 more to follow in 2021 and 2022.
Walsh stressed that, in addition to the more than 12,000 redundancies already announced for British Airways, IAG is considering the need for cuts across the group. The availability of about $1.1 billion in Spanish government debt means that massive job losses will affect workers in the UK, where the government has offered no support beyond standard Covid-19 leave. Plan
IAG's current short-term planning assumes that passenger traffic by the end of 2020 will drop by around 50 percent from last year's level. Rival airline Air France KLM, which also reported first-quarter results on May 7, indicated that capacity levels could drop to 95 to 80 percent for the second and third quarters.
Walsh said that IAG was not blocking middle seats as part of the Covid-19 measures, arguing that social distancing was not achievable on planes. He indicated that the group would instead support the wearing of masks by passengers and crew and plans to disinfect the interior of planes. Boeing has received orders from British Airways and its parent company International Airlines Group (IAG) for 42 new 777X aircraft. The order includes firm commitments for 18 of the 777-9 variants and options for another 24. IAG, which includes Spain's Iberia, has confirmed the firm will use the aircraft on order to replace 14 Boeing 747-400s and four Boeing 777s. -200 in 2022 and 2025
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The US OEM announced the signing on Thursday and the deal would be valued at $18.6 billion at list price if IAG exercises all options. The Boeing 777-9 has a list price of about $442.2 million, while IAG has offered "significant" discounts, according to IAG CFO Enrique Dupuy de Lôme. "IAG has several financing options and will select the most appropriate source closer to the delivery date," he added.
"We are honored that British Airways has chosen the 777X as part of its fleet for the next century," said Kevin McAllister, CEO of Boeing Commercial Airplanes, on the occasion of British Airways' 100th anniversary.
The selections by IAG and British Airways bring the number of orders and commitments for the 777X to 358. Production of the first 777-9 began in 2017. Boeing plans an introduction ceremony for the plane in early March, followed by first flight later this year and first delivery in 2020.
The General Electric GE9X engine will power British Airways' 777-9, a deal that includes a comprehensive maintenance package with GE, Dupuy de Lôme confirmed.
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"The new 777-9... is an ideal replacement for the Boeing 747, and its size and range will fit perfectly into the airline's existing network," said IAG chief executive Willie Walsh, who noted the new aircraft offers improved operating costs. 30 percent over last year. 747-400.
British Airways said it now flies 135 wide-body aircraft (12 A380s, thirty 787s, twelve 777-300ERs, 46 777-200s and thirty-five 747s) and is awaiting delivery of four more 12 aircraft. 787-30's decade. row
The 777-9 is larger and has a slightly wider cabin than the current 777, allowing it to carry 400 to 425 passengers in a standard two-class cabin layout. The design includes an all-new composite wing and "offers airlines 12 percent lower fuel consumption than competing aircraft," Boeing said, referring to Airbus' A350 XWB. The 777-9 flies up to a standard range of 7,600 nautical miles.
British Airways has been upgrading its fleet for some time. It plans to take delivery of the first four of 18 Airbus A350-1000s this year and is now unlikely to add any options for an additional seven A380s to its fleet of 12 superjumbos. As of December 31, 35 Boeing 747s operated from London's Heathrow Airport. BA expects to retire its last Boeing 747 in February 2024.
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The Boeing 777 served as the mainstay of British Airways' long-haul operations. The airline plans to keep the 777 in service for 30 years, meaning some will remain in service beyond the 2030s. The airline flies 12 Boeing 787-8s and has options for 12 more; Eighteen 787-9s with six more options; and twelve 787-10s on order and due for delivery between 2020 and 2023.
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