Will the 777NG be proposed to BA-Iberia Joint Widebody Order?

In Aviation Week

http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=comm&id=news/avd/2010/10/11/06.xml&headline=BA%20And%20Iberia%20Plan%20Big%20Joint%20Widebody%20Order,

the A350 and B777 are pitted against each other.

United A350 (FlightGlobal)

The A350, on paper at least and eventually when flying, will outperform the B777. Although the B777 is the king of its sector today, it has to be renewed to remain competitive 3 years down the road. And airlines are ordering now for that future period.

The A350 beat the B777 in the United contest a few months ago. Boeing must now act to present the renewed version B777NG or risk losing more contests like this big BA-Iberia deal.

Air Canada B777

I have discussed before how the B777NG can come about in

http://planetalks.blogspot.com/2008/12/777-on-top-of-its-game.html

http://planetalks.blogspot.com/2009/06/competitive-upgrading-of-boeing-777.html

http://planetalks.blogspot.com/2009/12/united-a350-orders-boeing-needs-to.html