Etihad could scrap Airbus, Boeing aircraft orders

Etihad could scrap Airbus, Boeing aircraft orders

The publish Etihad could scrap Airbus, Boeing aircraft orders appeared first on TD (Travel Daily Media) Travel Daily.

Etihad Airways’ chief govt indicated on Wednesday that the service may cancel billions of {dollars} in aircraft orders with Airbus and Boeing, saying the airline has a while earlier than making such a choice.

After an unsuccessful try to compete with huge Gulf airways Emirates and Qatar Airways final decade, the state-owned firm is restructuring beneath new administration headed by Tony Douglas.

When requested in regards to the Airbus A320neo and Boeing 777X orders positioned by earlier administration, Douglas stated that the airline was centered on long-term enlargement and that no remaining determination had been made.

Uncertainty about supply and when the trade will get well from the pandemic worsened the problem of figuring out its future fleet plans, he stated.

“Manufacturers can’t guarantee when they’ll be delivered, and you have a market that you don’t know when it’ll recover.”

The airline had three years to find out what to do with the A320neo buy, whereas the 777X determination was “far down the road.”

Airbus has declined to remark. Boeing didn’t reply instantly to a request for remark.

Boeing’s newest model of its best-selling 777 twin-aisle wide-body aircraft has been delayed, and each producers have had provide chain challenges.

According to the aircraft makers, Etihad, which is in the course of a five-year downsizing to develop into a “mid-sized airline,” has 26 A320neo planes and 25 777X on order.

It will proceed to obtain Airbus A350-1000 and Boeing 787 Dreamliner liner planes, which Douglas stated will kind the spine of the fleet, which will likely be lowered to 65 aircraft.

According to their web site, Etihad has 93 aircraft. Douglas additionally stated that the present 30-strong A320 fleet would undoubtedly be lower in half when operations are lowered, specializing in profitable routes.

It has beforehand introduced intentions to retire its 5 777-300ER planes from the passenger fleet and has grounded its ten Airbus A380s because the outbreak started.

“When the market returns to sustainability, we are going to take into account learn how to scale up. We’re by no means going to return to the insanity, “According to Douglas.

The publish Etihad could scrap Airbus, Boeing aircraft orders appeared first on Travel Daily.


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