Vistara in talks with planemakers, leasing companies to delay taking delivery of some aircraft

Indian airline Vistara is in talks with planemakers and leasing companies to delay taking delivery of some aircraft, the carrier's chief strategy officer said on Monday, as Covid-19 hits demand for air travel. Vistara, owned by India's Tata Sons and SIA, placed an order for 13 A320-neo family aircraft from Airbus in 2018 and said it would take another 37 Airbus planes from leasing companies - all due for delivery between 2019 and 2023. It also has six Boeing 787-9 Dreamliner widebody planes on order, primarily for international flights, due to be delivered in 2020 and 2021. Delivery of some planes have already been pushed back due to logistics issues and production delays at the planemakers, as countries went into lockdown due to the coronavirus pandemic, said Vinod Kannan, chief strategy officer at Vistara. "We are looking to see how we can push back some of the deliveries not just because of the delays in production but also from a commercial perspective," said Kannan.<br/>
Reuters
https://www.straitstimes.com/business/companies-markets/sia-backed-vistara-in-talks-with-planemakers-lessors-to-delay-taking
7/7/20