Iberia mulls $4bn Boeing plane bid

Iberia is considering placing a $4 billion (EUR3 billion) order for Boeing 787 airplanes. This could break a recent tradition of purchases from Airbus, El Economista reports Monday, citing unnamed senior managers at Spain’s flagship carrier.
Iberia officials are looking to buy around 25 new planes to renew their long-haul fleet and have been impressed with the market reception of the Boeing 787, while concerned with a series of production problems Airbus has had for its new models, according to El Economista.