newstodate.aero
Aug 19, 2016 (newstodate): Sustained delays in the delivery scheme of Airbus A350 aircraft have had a marked effect on Finnair's development plans.
In the Finnair Group half year financial report, Finnair blames these delays as the reason for its new estimate of capacity growth to be down-rated to approximately seven percent, while the earlier estimate was a growth of eight percent, compared to 2015.
-At this point, deliveries are delayed by an average of two months, but there has been variation and that is the difficult part because of crew rostering. We have been forced to take wet leases, increasing costs, but we would rather fly the flights that we've sold than cancel them. We have had some cancellations, but there are very few at the moment, Pekka Vauramo, Finnair CEO, said, speaking on the second-quarter earnings call.
As the European launch customer for the Airbus A350, Finnair has placed orders for a total of 19 A350 aircraft.
Three of these were delivered in 2015, followed by a further three in the first half of 2016.
Finnair's seventh Airbus A350 should have been delivered by July 2017, but is still on the flight line at Airbus awaiting its first flight.
According to the current delivery plan, Finnair will 11 Airbus A350 aircraft in service by the end of 2017, and all 19 by the end of 2023.
In the Finnair Group half year financial report, Finnair blames these delays as the reason for its new estimate of capacity growth to be down-rated to approximately seven percent, while the earlier estimate was a growth of eight percent, compared to 2015.
-At this point, deliveries are delayed by an average of two months, but there has been variation and that is the difficult part because of crew rostering. We have been forced to take wet leases, increasing costs, but we would rather fly the flights that we've sold than cancel them. We have had some cancellations, but there are very few at the moment, Pekka Vauramo, Finnair CEO, said, speaking on the second-quarter earnings call.
As the European launch customer for the Airbus A350, Finnair has placed orders for a total of 19 A350 aircraft.
Three of these were delivered in 2015, followed by a further three in the first half of 2016.
Finnair's seventh Airbus A350 should have been delivered by July 2017, but is still on the flight line at Airbus awaiting its first flight.
According to the current delivery plan, Finnair will 11 Airbus A350 aircraft in service by the end of 2017, and all 19 by the end of 2023.