IAG Considering Massive Airplane Order With Airbus, Boeing

IAG, the parent company of one of the largest airlines in the world, has reportedly reached out to both major airplane manufacturers about a new order.

The company, which owns British Airways, is speaking with both Airbus and Boeing about placing a new order for more widebody jets. There is a pressing need for more long-distance planes as international travel bounces back.

An order of any size from either company would be a significant signal to the industry from one of the largest airplane owners in the world.

IAG has its own pressing needs, however. It has an aging fleet of Boeing 777s at British Airways that must be replaced.

But for whatever reason, an order from such an established company would be a huge boon. A report from Bloomberg News Service said IAG could order more than 20 new aircraft.

IAG and Airbus declined to comment. Boeing referred all inquiries back to IAG.

Earlier this month, United Airlines placed a massive airplane order with both major manufacturers, hoping that the travel demand will continue and the new aircraft will be put to good use. In total, United has ordered 110 jets from both Airbus and Boeing.

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