Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Jazeera Airways cancels 25 A320s

07 April 2011

The carrier has cited overcapacity in the market as the reason for the decision.

Read more: Jazeera Airways A320 Marwan Boodai Jazeera Airways A320s

Jazeera Airways has cut its order for Airbus A320s from 40 to 15. The cancelled order is worth an estimated $2.12 billion at list prices.

“The decision to resize our fleet is the right decision for Jazeera Airways at the time being, given the overcapacity we've seen...


Latest Deals Database Updates

BBAM / 06-13 / JOL / 1x787 19/06/2013
Borrower BBAM
Overall Arrangers KfW IPEX
Assets 787-8
Jazeera / 06-13 / Aircraft secured Loan / 3xA320 19/06/2013
Borrower Jazeera Airways
Overall Arrangers DVB Bank, National Bank of Kuwait
Assets A320
Synergy / 11-12 / PDP finanacing / 8xA330 19/06/2013
Borrower Synergy Aerospace
Amount $m263
Assets A330-200

Upcoming Events