Boeing wins a big in Trump Store as British Airways buys airplanes star-news.press/wp

Boeing (Ba-0.01%) Understand the early Rewards of the First Trade Agreement on the Tariffs of the Administration of Trump between the United States and the United Kingdom. A large row than a British respiratory road (Iag-0.36%) “The parent company, IAG, has just provided a key win for the American air giant after the stormy year.

The order was formally announced on Friday, one day after the US Trade Secretary Howard Lutnick examined it during the press events in an oval office next to American trade framework.

While the aircraft warrant is not the technical part of the Trade Agreement signed by the U.S. officers and in the UK, Lutnick promoted him, which described as an example of “strong transatlantic trade”. The agreement, although still under negotiations, includes tariff rolls on British steel and cars, in exchange for extended access to the UK market for American beef and ethanol exports.

For boeing, timing and the scale of the IAG account are significant.

The planes will primarily replace the aging of aircraft in the long-term fleet of British Airway, with deliveries between 2028. and 2033. Years. Although a contract is worth $ 12.7 billion at the prices of label, IAG confirmed that it has received significant discounts (common practice on these large orders). The company also provided options for buying 10 additional boeing nozzles, providing flexibility as it seems to upgrade and expand your long-lasting fleet.

Boeing stocks increased modest after the news about the agreement: 1.4%.

Luis Gallego, the Director General of the IAG, described this as a “milestone” order that was part of the long-term strategy for the upgrade of his fleet, including energy-efficient plane. IAG is the registry company British Airways, Iberia, Aer Lingus and other European carriers.

“Looking forward to the next decades, these new aircraft will enable us to strengthen our basic market and further improve your user experience, while we continue to drive long-term value for our shareholders,” Gallego said.

The announcement came as part of the reporting report on Perteh’s earnings IAG, where strong financial results reported. The company achieved a profit of 198m euros in the first quarter of 2025. years, as many of the 68m euros a year. Income was almost 10%, and the company said that the demand for the trip remains strong in all their markets. The IAG shares increased by almost 3% on the London Stock Exchange after the news.

As part of the same announcement for Boeing, IAG also ordered 21 Airbus (Air-1,40%) A330-900NEO JETS for its other airlines. This warrant is valued at about $ 8 billion and comes with options for buying another 13 planes later.