Through the new agreements, SAS has secured long-term financing for 10 new Airbus A320neos, scheduled to be delivered through the first quarter of fiscal 2024.
While many carriers in the Asia-Pacific region paused aircraft deliveries during the pandemic, some of the strongest LCCs continued to receive new narrowbodies.
Airbus management has finally accepted that its narrowbody ambitions have been unrealistic, but there is confidence the OEM can deliver more widebodies.
Airbus has been selling more A321neos than A320neos since 2019. Now it is also producing more of its largest narrowbody—with significant strategic implications.
SAS Scandinavian Airlines, Icelandair and Philippine Airlines set to launch flights on thinner long-haul routes during the northern summer 2023 season.
Spirit Airlines’ unit costs and profitability continue to be negatively affected by significant reliability problems posed by Pratt & Whitney Geared Turbofans.
