British Airways owner International Consolidated Airlines Group AG said it would pare growth plans in part by deferring some deliveries of the new Boeing wide-body. Jim McNerney, Boeing’s chief executive at the time, flew to the Dubai Airshow to sign the airlines’ joint deal for 150 of the 777X jets, worth $100 billion before discounts. Flag carrier Air China Ltd. has no Boeing twin-aisle deliveries scheduled through 2023, though it will take 17 big Airbus jets. Still, both plane makers are counting on airlines replacing the hundreds of jets set to turn 25 years old early next decade. The Atlanta-based carrier, which flies eight different types of Airbus and Boeing wide-body jets, also wants to simplify the fleet to lower costs.

Source: Wall Street Journal November 17, 2019 12:00 UTC