High demand delays new plane delivery Jump to media player Airbus has announced a revamp of its popular A330 passenger jet on the opening day of the Farnborough Airshow.
It also cut its estimates of total plane deliveries for 2011 to 480 from between 485 and 495.
American Airlines, which had the highest percentage of 16-G seats of the airlines polled, said the situation represented, among other things, a recent influx of new plane deliveries.
With the plane deliveries scheduled to begin in 2010, he added, "this gives them time to get their marketing and their operations right and hopefully win back some customers".
And the increase in plane deliveries in the second quarter helped drive a rebound in that part of Boeing's business, which had slipped behind its military work in total revenue and profit.
In a joint letter dated Oct. 11, airlines from Europe and the United States proposed limiting to 20 percent of new plane deliveries the export-credit backing that an airline can receive each year.
This year the plane most in demand looks to be the 737MAX, a re-engined version of Boeing's short-haul plane, deliveries of which are due to start in 2017.At Boeing's Renton factory near Seattle the existing version of the 737 is now being turned out at a record rate of 35 a month, after a recent speeding-up of the two assembly lines.
And quite soon Airbus will catch up to Boeing in plane deliveries.
A Norwegian Air subsidiary has agreed with Airbus to postpone plane deliveries scheduled for this year and next, cutting capital spending by $570m£435m5m), the loss-making budget airline says.
A surge in Airbus plane deliveries helped European Aeronautic Defence & Space to more than triple its profit in the third quarter, the company said Thursday as it raised its earnings forecast.
