Speaking to International Airlines Group (IAG) investors, Chief financial officer Steve Gunning, said that new jets coming into the fleet were “30% more efficient than the 747” and the airline was moving through a fleet modernisation phase.
British Airways is the largest operator of Boeing 747-400 aircraft with 36 currently in the fleet, at its peak, it had 41 of the type.
The first of the type, G-BNLA was delivered to British Airways in June 1989 and flew with the airline for 20 years before being disposed of at Victorville in 2009.
The 747-400, often called the “Queen of the Skies” is being replaced by Boeing 777 & 787 along with Airbus A380 & A350.
According to Steve Gunning, British Airways will have a fleet of 63 Boeing 777’s until 2022 whilst expanding the fleet of A380, A350 and Boeing 787’s to around 71 aircraft when the 747’s retire.