British Airways announces $12 bn Airbus order

British Airways on Monday announced a deal to buy up to 36 long-haul Airbus A350 passenger planes worth almost $12.0 billion at list prices.

BA said parent group IAG, which owns also Spanish carrier Iberia, had signed a Memorandum of Understanding to buy 18 Airbus A350-1000 aircraft with an option to purchase 18 more.