BOGOTA, Jan 7 (Reuters) - Latin American airline Avianca AVT_p.CN has reached an settlement with ai
BOGOTA, Jan 7 (Reuters) – Latin American airline Avianca AVT_p.CN has reached an settlement with airplane producer Airbus AIR.PA to scale back the variety of planes it was set to purchase by 20, the corporate stated on Tuesday.
The airline has been struggling amid company turmoil – final yr United Airways ousted its chairman and controlling shareholder, revamping management.
Avianca will now purchase 88 A320neo planes from Airbus, as an alternative of 108, and delay their entrance to its fleet till between 2025 and 2029, as an alternative of between this yr and 2024, it stated in a press release filed to Colombia’s monetary regulator.
The airline has additionally reached an “settlement of mutual profit” with Boeing BA.N in relation to a pending order for 2 787-9 planes initially meant to hitch its fleet in 2021, it stated, with out offering additional particulars.
From 2023, Avianca will signal rental contracts with BOC Aviation to hire 12 A320neo planes for 12 years, the assertion added.
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