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| British Airways orders new planes | British Airways orders new planes |
| (30 minutes later) | |
| British Airways has placed an order for 34 new aircraft - the largest the airline has made since 1998. | British Airways has placed an order for 34 new aircraft - the largest the airline has made since 1998. |
| The airline is buying 12 Airbus A380 superjumbos and 24 Boeing 787s. It also has options for a further seven A380s and 18 of the 787 planes. | |
| The new aircraft will replace 34 of BA's existing long-haul fleet, and will be delivered between 2010 and 2014. | The new aircraft will replace 34 of BA's existing long-haul fleet, and will be delivered between 2010 and 2014. |
| The new planes would be "greener, quieter and more fuel efficient" with much lower CO2 emissions, BA said. | The new planes would be "greener, quieter and more fuel efficient" with much lower CO2 emissions, BA said. |
| The carrier added that the new orders, including the options, would give it the ability to increase its capacity by 4% a year. | The carrier added that the new orders, including the options, would give it the ability to increase its capacity by 4% a year. |
| Both types of planes will be powered by Rolls Royce engines, the airline said. | |
| Improvements | |
| The A380 superjumbos and 787 Dreamliner planes will lead to greater efficiencies - offering "significant economic benefits with lower costs per seat", the airline said. | |
| The A380 will be used to provide more passenger spaces in key markets, particularly in flights from Heathrow. | |
| Meanwhile, the 787 will be used to start new routes and increase the number of flights made. | |
| "These new aircraft will continue our commitment to deliver the best travel experience to our customers," said BA chief executive Willie Walsh. | |
| "This order builds upon our recent investment in improving the customer experience through (Heathrow) Terminal 5, the new Club World cabin, in-flight entertainment system and ba.com." | |
| BA added that it had arranged a $1.5bn debt financing facility with a group of banks to cover the order. |