Saturday, August 08, 2009

DTN News: Airbus Escapes Cancellations In July

DTN News: Airbus Escapes Cancellations In July
*Source: DTN News / Int'l Media
(NSI News Source Info) PARIS, France - August 8, 2009: booking 50 A320s, but perhaps more significantly the aircraft maker didn't suffer any additional order cancellations in July. The airframer has recorded 22 cancellations this year, but their pace has now slowed, leaving the company with 140 gross orders and 118 net orders. Company officials are hoping to secure about 300 gross orders for the year, but concede that goal could be difficult to reach. Although cancellations appear to have eased, airlines continue to ask for deliveries to be deferred across the product line, as reflected by recent decisions at Aer Lingus and Thai Airways to take aircraft planned for delivery next year at some later time. The 50 A320s booked July 1 commit to the order book aircraft that Wizz Air said in June it planned to buy. Also in July, the A320 order book grew by four units, with leasing company AerVenture offsetting the reduction of four A319s at Spirit Airlines. For the year, the A320 has secured 87 new orders, although Airbus had five cancellations in the product line. Deliveries for the first seven months reached 288 units, led again by the A320 with 126 units. So far, only four A380s have been put in customer hands, but the plan remains to deliver 14 by yearend.

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