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4/13/13

European Aircraft Industry: Air-France-KLM Seeks To Delay A380 Deliveries

Airbus A380
Air France-KLM said it is in talks with Airbus about postponing deliveries of the next A380s it has on order by several months as it tries to rein in spending and reduce debt.

The Franco-Dutch carrier operates a fleet of eight A380s, after taking delivery of two more last year, and has a further four on order.

"Discussions are still in progress with Airbus to define new dates regarding deliveries of the next A380s still on order," Air France-KLM said in its latest annual registration document.

Air France-KLM is seeking to return to profit and cut debt by EUR€2 billion (USD$2.6 billion) by the end of 2014 after being battered by high fuel costs, a worsening cargo business and tough competition from Gulf and low-cost carriers.

Read more: Air-France-KLM Seeks To Delay A380 Deliveries

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