Aircraft
Air France-KLM Delays A350 Deliveries, Mulls Other Models' Fate
The Franco-Dutch airline group warns that passenger demand will not recover to pre-COVID-19 levels "before several years."

Air France-KLM has pushed back the delivery of three widebody Airbus 350s to 2021 as part of the major reduction in capital expenditures to cope with the effects of the coronavirus pandemic. The Franco-Dutch group trimmed planned Capex this year by a third compared with its pre-Covid-19 guidance, to €2.4 billion ($2.6 billion), and it will revise medium-term Capex “for future development of demand and flexibility needs,” the group said Thursday during the presentation of its first-quarter results.


Loading…