BA-Iberia scraps two 747-400s

International Airlines Group, the merged entity comprising British Airways and Iberia, is scrapping two Boeing 747-400 aircraft.

It reveals the decision in its first financial statement since the tie-up was completed last month. IAG says it is taking a charge of......

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Iberia A340 replacement is initial focus of IAG’s fleet renewal plan

Newly formed International Airlines Group (IAG) - parent of British Airways and Iberia - is making the replacement of the Spanish carrier's Airbus A340s a priority ahead of a broader long-haul fleet-renewal exercise that will also encompass the needs of BA.

IAG chief executive Willie Walsh says that there is the opportunity to replace Iberia's A340s with......

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