BA postpones retirement of 737-400 fleet

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British Airways is to defer replacing by at least three years its 19 Boeing 737-400s, as the carrier tries to reduce capital expenditures to offset the impact of the economic downturn.

BA chief Willie Walsh told analysts at a 26 May luncheon in New York that the carrier's 737-400 fleet, which is based at London Gatwick, will no longer be replaced in 2012 as previously planned. He says BA has removed this acquisition from its current capital expenditure plan and intends to acquire replacements in 2015 or 2016.

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