IAG Merger Fuels New Fleet Renewal Strategy for Iberia and British Airways | Aviation International News

IAG Merger Fuels New Fleet Renewal Strategy for Iberia and British Airways

The tie-up between Spanish flag carrier Iberia and the UK’s British Airways to create International Airlines Group (IAG) will pave the way for an overhaul

IAG plans to combine the aircraft acquisition philosophies of British Airways and Iberia in its approach to fleet renewal. (Photo: Newscast/British Airways)

By AIN Staff • AIN Staff

May 9, 2011

The tie-up between Spanish flag carrier Iberia and the UK’s British Airways to create International Airlines Group (IAG) will pave the way for an overhaul of the way the pair buy aircraft, according to the new company’s finance chief. The two airlines plan to combine buying in a new fleet renewal strategy led by IAG with its stronger buying power, although they will continue to run and maintain their fleets separately, Enrique Dupuy said.

Dupuy, previously Iberia’s finance boss, said the move may mean BA will swap traditional aircraft purchasing for the leasing approach Iberia has used for most of its aircraft, or Iberia will use BA’s approach, depending on the type of aircraft.

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