Friday, February 11, 2011

AirAsia defers delivery of 10 Airbus A320 from 2012 to 2015, opts for fuel-efficient planes

KUALA LUMPUR:'' AIRASIA BHD [] has signed an agreement with Airbus S.A.S to revise the delivery dates of 10 Airbus A320 aircraft from 2012 to 2015.

It said on Friday, Feb 11'' the move was to allow some flexibility to switch from its current order of the classic A320 to a new generation A320 aircraft which is more fuel efficient when such aircraft come into production in the near future.

With the deferment, the delivery of 24 aircraft in 2012 would be reduced to 14 aircraft, while the number of deliveries in 2015 will be increased from nine aircraft to 19 aircraft, it said.

'No penalties are payable by AirAsia in revising the delivery schedule of the 2012 aircraft,' it said, adding the deferral would also have a positive impact from the balance sheet perspective, as it would help to maintain the company's net gearing position to below two.

AirAsia said it would take delivery of 14 aircraft in 2012, which would enable the company to support the growth of its joint ventures in the Philippines as well as Vietnam while continuing to support existing affiliate airlines.

'On the back of AirAsia very encouraging financial results in the last quarter, the focus of the company is to consolidate its growth while creating growth in other regions.

'The deferment is expected to create a greater optimisation of aircraft utilisation in tandem with the growth in passenger capacity,' it said.

No comments:

Post a Comment