Exclusive: Airbus puts six jets made for AirAsia up for sale as crisis deepens

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CORONAVIRUS | This is one of the results of the deepening crisis in the aviation industry caused by the virus pandemic.

| Airbus has put six jets made for one of its largest customers up for sale after giving up on Malaysia's AirAsia taking delivery of them, sources familiar with the matter toldThe 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.

Although "pop-up" sales of unwanted aircraft are not new, they rarely involve high-profile customers and typically include the manufacturer keeping the deposit, the sources said. Airbus declined to comment on whether it had done so this time. Buyers can fetch the jets from France or Germany in June, complete with optional onboard equipment ordered by AirAsia.

With most airlines struggling financially and reluctant to take deliveries, the move could lead to pressure from other customers to find new homes for aircraft they no longer want, triggering a broader sale of undelivered jets, the sources said.

Source: News Formal (newsformal.com)

 

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Tony & Kamarul, Return the $250m OFFSET money you both took from the millions of AirAsia's shareholders to fund your F1 and QPR hobbies that failed Don't behave as if you both OWN 100% of AirAsia, its a public company.

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