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US Airways defers 54 Airbus aircraft

25 November 2009

Deferment is part of plan to improve liquidity by $150 million for year-end 2009.

Read more: US Airways Airbus Barclays Star Alliance A320 A330 credit facilities

US Airways will postpone deliveries of 54 Airbus aircraft originally due from 2010 by three years as part of a plan to save cash. The airline is hoping to have cut costs by $150 million by the end of 2009 and save $450 million...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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