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Cathay Pacific in talks to defer aircraft deliveries

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Cathay Pacific is in talks with Boeing and Airbus over possible deferral of aircraft deliveries this year, as the coronavirus outbreak leaves an impact on its fiscal performance.

At a briefing after Cathay released its annual results for 2019, chief operations and services delivery officer Greg Hughes confirmed that discussions were still continuing.

On the “prudent” move, Hughes adds: “We are not yet at a point in time concluding those discussions. We don’t yet have formal redelivery dates for when those aircraft will be delivered to us.”

Cathay Pacific Group was due to take delivery of 17 Airbus aircraft this year. Seven A350s were to go to Cathay, six A321neos to Cathay Dragon, and another four A320neos to low-cost unit HK Express. The aircraft will be a mix of owned and leased types, Cathay states.

More here: https://www.flightglobal.com/orders-and-deliveries/cathay-pacific-in-talks-to-defer-aircraft-deliveries/137189.article

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