The last Boeing 747-400 will leave British Airways fleet in February 2024, the company announces. Until 2022, 24 Boeing 747s will retire. At the same time, the airline’s fleet will see deliveries of 18 Airbus A350s and 14 Boeing 787s.

During the IAG Capital Markets Day presentation on November 3, Steve Gunning, CFO of British Airways, claimed that  new planes “will be 30% more fuel- efficient than 747s.” According to Gunning, British Airways is expecting $196 million saved in fuel costs over the next 5 years. 

Currently, the carrier has 36  Boeing 747-400 aircraft in service which makes British Airways the world’s largest operator of this type of aircraft.