British Airways orders 18 Boeing 777-9 aircraft – with First Class – to replace the 747 fleet
Links on Head for Points may support the site by paying a commission. See here for all partner links.
IAG, the parent company of British Airways, has announced a huge order for Boeing 777-9 aircraft as part of the 2018 financial results presentation on Thursday.
There is a firm order for 18 aircraft with options on an additional 24. An image from Boeing is below. The aircraft will have GE9X engines from General Electric – this is the only option available as Boeing has chosen to only work with one engine manufacturer.
The list price for these aircraft is $442m each although BA will have secured a substantial discount.
BA’s confirmed 18 aircraft will replace 14 Boeing 747-400 and four Boeing 777-200 as they are delivered between 2022 and 2025.
The aircraft will have 325 seats across four cabins. This means that First Class will definitely survive but as a smaller cabin:
- 8 First
- 65 Club World
- 46 World Traveller Plus
- 206 World Traveller
The existing order book contains 12 787s, four 777-300ERs and 18 A350s. British Airways is now done for the medium term, and I think we can forget any talk of additional A380 investment.
Willie Walsh, IAG chief executive, said:
“The new B777-9 is the world’s most fuel efficient longhaul aircraft and will bring many benefits to British Airways’ fleet. It’s the ideal replacement for the Boeing 747 and its size and range will be an excellent fit for the airline’s existing network. This aircraft will provide further cost efficiencies and environmental benefits with fuel cost per seat improvements of 30 per cent compared to the Boeing 747. It also provides an enhanced passenger experience”.
No-one has yet flown on a Boeing 777-9. The aircraft was launched in 2013 and over 300 have now been ordered, but there have been no deliveries and we haven’t even had a test flight yet. Emirates is due to receive the first in 2020.
It is the longest aircraft that Boeing has ever manufactured and has a range of 14,000km. The windows are noticeably larger than on the existing 777 fleet and the ‘cabin altitude’ figure, which is linked to cabin comfort, is meant to be similar to the A350 and Boeing 787. One novelty is folding wingtips.
One key point to note is that the aircraft is 10cm wider than the current 777 variants due to new developments in designing internal walls and insulation. This allows the aircraft to have 10-abreast seating in Economy by default, albeit BA is refitting its existing 777 fleet to 10-across so this should allow slightly more space.
IAG’s 2018 financial results
Looking at IAG’s financial performance, the numbers are undoubtedly good. This is despite increased fuel costs and adverse FX movements. Operating profit was €3.2bn on revenue of €24.4bn, of which the majority (£1.95bn) was from British Airways. Iberia, Aer Lingus and Vueling contribute roughly similar amounts of profit in the €200m-€400m range.
BA posted an operating profit margin of 15.1% in Q4 2018. No other brand comes close – Iberia is in 2nd place but could only manage 7.1%.
It is worth noting that BA posted an exceptional €678m gain due to cutting pension benefits in two schemes, although this is not included in the numbers above.
Across the entire group, passenger revenue per seat unit increased 2.4% at constant currency. Costs, excluding fuel, fell by 0.8%. Capacity – ie the number of seats available for sale – grew by 6%. Net debt, including capitalised leases, remains low given the profitability. Load factor (ie seats sold) increased from 82.6% to 83.3%. There are now 573 aircraft in use across IAG.
Intriguingly, BA continues to state that there has not been a single case of fraud linked to the 2018 data breach. It intends to defend the various ongoing lawsuits but in any event believes that it is covered by insurance for any claims.
PS. If you are not a regular Head for Points visitor, why not sign up for our FREE weekly or daily newsletters? They are full of the latest Avios, airline, hotel and credit card points news and will help you travel better. To join our 65,000 free subscribers, click the button below or visit this page of the site to find out more. Thank you.

How to earn Avios from UK credit cards (April 2025)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:

Barclaycard Avios Plus Mastercard
Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios Mastercard
Get 5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review
There are two official British Airways American Express cards with attractive sign-up bonuses:

British Airways American Express Premium Plus
30,000 Avios and the famous annual 2-4-1 voucher Read our full review

British Airways American Express
5,000 Avios for signing up and an Economy 2-4-1 voucher for spending £15,000 Read our full review
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points. These points convert at 1:1 into Avios.
SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on the ‘free for a year’ American Express Preferred Rewards Gold card is increased from 20,000 Membership Rewards points to 30,000 points. Points convert 1:1 into Avios (30,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.
SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on American Express Platinum is increased from 50,000 Membership Rewards points to a huge 80,000 points. Points convert 1:1 into Avios (80,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

American Express Preferred Rewards Gold
Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

The Platinum Card from American Express
80,000 bonus points and great travel benefits – for a large fee Read our full review
Run your own business?
We recommend Capital on Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, and the standard card is FREE. Capital on Tap cards also have no FX fees.

Capital on Tap Visa
NO annual fee, NO FX fees and points worth 1 Avios per £1 Read our full review

Capital on Tap Pro Visa
10,500 points (=10,500 Avios) plus good benefits Read our full review
There is also a British Airways American Express card for small businesses:

British Airways American Express Accelerating Business
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.

American Express Business Platinum
50,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold
20,000 points sign-up bonus and FREE for a year Read our full review
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.
Comments (109)