newstodate.aero

Aug 25, 2020 (newstodate): SAS has negotiated the deferral of deliveries of eight Airbus aircraft.
   According to the new agreement with Airbus, delivery of two Airbus A350-900 will be delayed one year till 2022; four A320neo will be delivered in 2025 against earlier 2023, and another four A320neo will be pushed back to 2024 instead of 2022, as earlier planned.
   -These deferrals are important as they reduce our capital expenditures for 2021–2024 and better align deliveries of new aircraft with the expected return in demand.  
   -We are still committed to achieving a single-type fleet operation by 2023, based on new Airbus aircraft that will provide lower fuel consumption and reduced maintenance costs compared with our current fleet composition.  
   -Furthermore, we have made progress on our ambitious sustainability goals by accelerating the phase out of older and less fuel-efficient aircraft. We have also renegotiated agreements with several suppliers, including wet-lease providers.  
   -The new agreements will lead to lower costs and increased flexibility, through a higher share of variable costs going forward, says Rickard Gustafson, SAS Group President and CEO, in the Q3 2020 Interim Financial Report, published today.