Delta reviewing US$14b wide-body deal in blow to Airbus
Delta Air Lines is reviewing its wide-body jet orders amid signs that the long-range travel market is saturated, CE Ed Bastian said Wednesday. The move is a setback for Airbus, which landed a US$14b deal with Delta in 2014 after out-duelling Boeing, the carrier’s long-time aircraft supplier. Delta has no twin-aisle orders pending with Boeing. The prospect that Delta could postpone or cancel deliveries heightens concerns that demand for long-haul jets is weakening. The carrier is planning to take the first of its Airbus A350s later this year to replace the Boeing 747 jumbos that once shuttled its passengers to Asia and Europe. The airline is also a customer for Airbus’s A330neo. “We continue to see excess capacity in wide-bodies as we look to the future for the industry as a whole,” Bastian told analysts Wednesday. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-04-13/sky/delta-reviewing-us-14b-wide-body-deal-in-blow-to-airbus
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Delta reviewing US$14b wide-body deal in blow to Airbus
Delta Air Lines is reviewing its wide-body jet orders amid signs that the long-range travel market is saturated, CE Ed Bastian said Wednesday. The move is a setback for Airbus, which landed a US$14b deal with Delta in 2014 after out-duelling Boeing, the carrier’s long-time aircraft supplier. Delta has no twin-aisle orders pending with Boeing. The prospect that Delta could postpone or cancel deliveries heightens concerns that demand for long-haul jets is weakening. The carrier is planning to take the first of its Airbus A350s later this year to replace the Boeing 747 jumbos that once shuttled its passengers to Asia and Europe. The airline is also a customer for Airbus’s A330neo. “We continue to see excess capacity in wide-bodies as we look to the future for the industry as a whole,” Bastian told analysts Wednesday. <br/>
