British Airways (BA, London Heathrow) will have phased out its entire fleet of fifteen B767-300(ER)s by 2018 parent firm the International Airlines Group (IAG) has disclosed. This year alone, the fleet will reduce to seven while in 2015, it will reduce to three.

In its Capital Markets Day disclosure issued last week, the IAG said the retirement of the carrier's fleet of long-haul B767s, whose retirement is due to be completed by 2016, will be replaced by an incoming fleet of B787s - B787-9s next year and B787-10s in 2019.

British Airways' short-haul B767s, along with its remaining B737-400s, will then be retired by 2018 to be replaced with A320 Family aircraft.

Currently, the B767s' European operations are limited to Scotland, Italy, Germany, Greece, the Netherlands, Spain, Turkey, Sweden, and Cyprus while their longhaul services include flights to the United States, Russia, Kazakhstan, the Turks & Caicos Islands, the Bahamas, Uganda, the Cayman Islands, Sierra Leone, Liberia, and Egypt.