EXCLUSIVE -Airbus puts six jets made for AirAsia up for sale as crisis deepens [Reuters]
Boeing Company (The) (BA)
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Source: Reuters
Exclusive: Airbus puts six jets made for AirAsia up for sale as crisis deepens PARIS (Reuters) - Airbus ( AIR.PA ) has put six jets made for one of its largest customers up for sale after giving up on Malaysia’s AirAsia ( AIRA.KL ) taking delivery of them, sources familiar with the matter told Reuters. The unusual move is a sign of the deepening crisis in the aviation industry caused by the coronavirus pandemic, which some analysts warn could lead to a fire-sale of unwanted planes. Like other airlines looking to save cash amid lockdowns and travel bans that have crippled their business, AirAsia has said it doesn’t need any more aircraft this year. Manufacturers usually insist an airline takes delivery of jets that have been built, while showing flexibility on delivery dates of planes yet to be produced, especially for top clients. Although “pop-up” sales of unwanted aircraft are not new, they rarely involve high-profile customers and typically include the manufacturer keeping the
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