British Airways, UK's flag carrier, is planning to place an order for wide-body planes this year, although it is facing record high levels of fuel prices and lower passenger demand. This is a contrasting situation for other airlines that are downing many flights due to losses that they have to face in the wake of steep fuel price rise around the whole world.
An analyst at JP Morgan, Chris Avery, said: The delivery dates will be so far out that a recession won't matter".
Willie Walsh, Chief Executive of British Airways told Bloomberg today that the carrier is thinking about orders of Boeing's 777-300ER and the 787-10 aircraft, an extended version of Boeing's latest and much delayed composite jet.
Mr. Walsh also said that the carrier is interested in the A350 XWB-1000 of Airbus.
The carrier has a plan to change fifty-seven 4-engine Boeing 747 planes and twenty-one twin-engine 767 aircrafts. The airlines is planning to give a good bonanza to its passengers who would be able to these spacious aircrafts for some routes.
The London-based airline fulfilled part of that requirement in the month of September by placing an order for a total of 36 flying machines from the two manufacturers, including twenty-four Dreamliners and twelve of Airbus's double-decker A380 aircraft.
Mr. Walsh said that the 787 aircraft would be the perfect plane to help BA get better into South America, where it doesn't have a good presence.