Juneyao Air expects US$600m aircraft capex in 2020-2022
Juneyao Air anticipates US$600m in aircraft capital expenditures from 2020 to 2022, outlining its plans around the expected delivery of 32 aircraft during that period in its latest annual report. The carrier is scheduled to receive 9 aircraft per year in 2020 and 2021, comprising 2 Boeing 787s in each period, and 8 aircraft in 2022. Low-cost subsidiary 9 Air will receive 3 aircraft each year in 2021 and 2022. This will result in $200m capital expenditure in 2020, $250m in 2021 and $150m in 2022. In 2019, the carriers received 8 aircraft and phased out 2 from their combined fleet. Juneyao ended the year with 70 Airbus A320 and A320neo family aircraft and 6 787s, while 9 Air had 19 737 jets and 1 737 Max 8. Both carriers plan to remove 5 aircraft from their combined fleet in 2020. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-04-14/unaligned/juneyao-air-expects-us-600m-aircraft-capex-in-2020-2022
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Juneyao Air expects US$600m aircraft capex in 2020-2022
Juneyao Air anticipates US$600m in aircraft capital expenditures from 2020 to 2022, outlining its plans around the expected delivery of 32 aircraft during that period in its latest annual report. The carrier is scheduled to receive 9 aircraft per year in 2020 and 2021, comprising 2 Boeing 787s in each period, and 8 aircraft in 2022. Low-cost subsidiary 9 Air will receive 3 aircraft each year in 2021 and 2022. This will result in $200m capital expenditure in 2020, $250m in 2021 and $150m in 2022. In 2019, the carriers received 8 aircraft and phased out 2 from their combined fleet. Juneyao ended the year with 70 Airbus A320 and A320neo family aircraft and 6 787s, while 9 Air had 19 737 jets and 1 737 Max 8. Both carriers plan to remove 5 aircraft from their combined fleet in 2020. <br/>
