KUALA LUMPUR: AIRASIA BHD [] has revised the delivery dates of eight Airbus A320 aircraft, originally scheduled for delivery in 2011, to 2014 and 2015.The low-cost carrier said on Thursday, Oct 29 that it had yesterday signed an amendment agreement with Airbus S.A.S for the revision of the delivery dates.
Under a purchase agreement signed on March 11, 2005 and a number of amendment agreements entered into between Airbus and AirAsia, the latter agreed to a firm order of 175 Airbus A320 aircraft.
The schedule of delivery was from December 2005 to October 2014. No penalties are payable by AirAsia in revising the delivery schedule of the aircraft.
"Under the amendment agreement the parties have agreed to revise the original delivery schedule of eight aircraft in 2011 to the year 2014 and 2015," it said.
AirAsia said the rationale for the deferral of the 2011 aircraft was similar to the rationale for the deferral of the Aircraft in August 2009 in that AirAsia foresees infrastructural constraints with the current airport facilities.
"Until the new Low Cost Carrier Terminal is constructed, the present infrastructure at the low cost terminal is not able to accommodate AirAsia's fleet expansion in the number of aircraft originally scheduled to be delivered in 2010 and 2011," it added.
AirAsia said the rationale to further scale down on the delivery of aircraft in 2011 was to enable it to optimise its fleet and avoid the costs associated with leaving idle or underutilised aircraft due to infrastructural limitations - avoiding having to incur depreciation, interest expense and other costs without earning revenue.
Written by Joseph Chin
Posts
No comments:
Post a Comment