Air NZ targeting 777-200 replacement from 2022

Air NZ is looking to options to replace its eight Boeing 777-200ERs from 2022. The carrier disclosed that it has started the evaluation in an investor presentation following the release of its results for the six months to the end of December 2017. While it did not indicate how advanced the evaluation of a replacement for the 777 Classics is, CFO Jeff McDowall said during the carrier’s earnings call indicated that the airline typically has a two-year lead time between placing an order and taking delivery of aircraft. Airbus recently showed off its A350-1000 test aircraft in Auckland as part of a global sales campaign for the jet, which is expected to compete against the 777X series to meet the replacement requirement. Capacity-wise, the A350-900 and 777-8 are the more likely replacements for the 777-200ERs rather than the -1000 or -9. Boeing may also look to offer additional 787-9s or larger -10s as part of a package deal. The carrier also disclosed that it is in the “final stages” of confirming a new lease agreement on an additional 787-9 that would be delivered in the 2020 fiscal year. That will take its fleet of the type to 14.<br/>