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Jazeera Airways Cancels 25 A320s  
User currently offlineGreaser From Bahamas, joined Jan 2004, 1101 posts, RR: 4
Posted (3 years 8 months 2 weeks 6 days 18 hours ago) and read 8418 times:

http://atwonline.com/aircraft-engine...rways-cancels-orders-25-a320s-0408

Jazeera Airways has cancelled 25 out of 40 A320s ordered in 2007, citing "the overcapacity we've seen in the market in 2009 and 2010, when we saw close to half the seats offered by our peers on the routes we operated were being flown empty."

http://atwonline.com/sites/atwonline...ays%20A320%20Courtesy%20Airbus.jpg


Now you're really flying
15 replies: All unread, jump to last
 
User currently offlineyellowtail From United States of America, joined Jun 2005, 6358 posts, RR: 2
Reply 1, posted (3 years 8 months 2 weeks 6 days 17 hours ago) and read 8334 times:

Overcapacity in the gulf....no way..they must be dreaming   


When in doubt, hold on to your altitude. No-one has ever collided with the sky.
User currently offlinebjorn14 From Norway, joined Feb 2010, 3695 posts, RR: 2
Reply 2, posted (3 years 8 months 2 weeks 6 days 17 hours ago) and read 8077 times:

I was just curious as to why they didn't try to sell the production slots or take delivery and then try to lease them as they do 4 others to VX? Not a good month for Kuwaiti aviation as KW shuts down and now J9 gut it's fleet expansion plans.


"I want to know the voice of God the rest is just details" --A. Einstein
User currently offlineStitch From United States of America, joined Jul 2005, 31437 posts, RR: 85
Reply 3, posted (3 years 8 months 2 weeks 6 days 16 hours ago) and read 7846 times:
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Quoting bjorn14 (Reply 2):
I was just curious as to why they didn't try to sell the production slots or take delivery and then try to lease them as they do 4 others to VX?

It's possible they have no takers. Dubali-based aircraft lessor DAE has shed most of the Boeing and Airbus planes they had on order.


User currently offlinecodeshare From Poland, joined Sep 2002, 1854 posts, RR: 1
Reply 4, posted (3 years 8 months 2 weeks 6 days 16 hours ago) and read 7834 times:

In Feb already one of Jazeera's A320 was standing on the apron doing nothing. Maybe it's a little tough time right now, and it will be better in the future.

KS/codeshare



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User currently offlinescouseflyer From United Kingdom, joined Apr 2006, 3403 posts, RR: 9
Reply 5, posted (3 years 8 months 2 weeks 6 days 16 hours ago) and read 7730 times:

I'm guessing that these will be the 25 cancellations that were in Airbus' March statement with no airline against them

User currently offlinehawkercamm From United Kingdom, joined Jul 2007, 405 posts, RR: 0
Reply 6, posted (3 years 8 months 2 weeks 6 days 15 hours ago) and read 7604 times:

Can not imagine Airbus will be too bothered. They'll get to keep the ~5% pre delivery deposit and account for some overbooking. If the Market really does need 25 more A320s they can sell them again at a inflated price, likely as NEOs at a later date.

User currently offlineStitch From United States of America, joined Jul 2005, 31437 posts, RR: 85
Reply 7, posted (3 years 8 months 2 weeks 6 days 14 hours ago) and read 7401 times:
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Quoting hawkercamm (Reply 6):
Can not imagine Airbus will be too bothered.

Unless this is the start of a succession of Middle East cancellations in 2011. Dubai's DAE has cancelled much of their order book with both Airbus and Boeing and now a Bloomberg analyst opinions that Middle East unrest and Airbus' exposure within the Middle East could result in much of their planned/expected Middle East orders for 2011 not happening.

http://www.bloomberg.com/news/2011-0...pe-out-40-of-projected-orders.html


User currently offlinePanAm_DC10 From Australia, joined Aug 2000, 4217 posts, RR: 89
Reply 8, posted (3 years 8 months 2 weeks 6 days 13 hours ago) and read 7212 times:
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Quoting scouseflyer (Reply 5):
I'm guessing that these will be the 25 cancellations that were in Airbus' March statement with no airline against them

There was a change in the monthly O&D spreadsheet when Airbus updated it for the month of March. It showed Jazeera with 14 outstanding orders for the A320, down from 39 in February.

Regards

Paul



Ask the impossible to achieve the best possible
User currently offlinescouseflyer From United Kingdom, joined Apr 2006, 3403 posts, RR: 9
Reply 9, posted (3 years 8 months 2 weeks 6 days 2 hours ago) and read 5044 times:

Quoting PanAm_DC10 (Reply 8):
There was a change in the monthly O&D spreadsheet when Airbus updated it for the month of March. It showed Jazeera with 14 outstanding orders for the A320, down from 39 in February.

Thanks, I'd noted the cancellation but not noticed who they were for.


User currently offlinesouthernstar From UK - England, joined Jan 2011, 16 posts, RR: 0
Reply 10, posted (3 years 8 months 2 weeks 5 days 22 hours ago) and read 4173 times:

"the overcapacity we've seen in the market in 2009 and 2010

REALLY! DXB is a white elephant waiting to happen. If you are on the look out for some w/b's in the next 18/24 mths then just hang on.


User currently offlinePlymSpotter From Spain, joined Jun 2004, 11719 posts, RR: 60
Reply 11, posted (3 years 8 months 2 weeks 5 days 22 hours ago) and read 3992 times:

Quoting southernstar (Reply 10):
REALLY! DXB is a white elephant waiting to happen. If you are on the look out for some w/b's in the next 18/24 mths then just hang on.

That's just the standard A.net myth of wishful thinking/fantasy I'm afraid. The greatest overcapacity occurred on intra-Gulf routes, which left Jazeera exposed. DXB and Emirates is built on worldwide connection traffic, so unless the world stops travelling or there is a major global catastrophe on yet unseen levels, EK is only going to get bigger in the future.


Dan  



...love is just a camouflage for what resembles rage again...
User currently offlineAirNZ From , joined Dec 1969, posts, RR:
Reply 12, posted (3 years 8 months 2 weeks 4 days 23 hours ago) and read 2507 times:

Quoting bjorn14 (Reply 2):
I was just curious as to why they didn't try to sell the production slots

How can they sell the production slots when they don't own them?

Quoting Stitch (Reply 7):
now a Bloomberg analyst opinions that Middle East unrest and Airbus' exposure within the Middle East could result in much of their planned/expected Middle East orders for 2011 not happening.

And a Bloomberg analyst article is now definitive fact, or does such depend on the 'topic'? I ask as it is common a.net mantra to state airline anaylsts are always wrong and never know what they're talking about!


User currently offlinefrigatebird From Netherlands, joined Jun 2008, 1715 posts, RR: 1
Reply 13, posted (3 years 8 months 2 weeks 4 days 22 hours ago) and read 2429 times:

Quoting AirNZ (Reply 12):
Quoting Stitch (Reply 7):
now a Bloomberg analyst opinions that Middle East unrest and Airbus' exposure within the Middle East could result in much of their planned/expected Middle East orders for 2011 not happening.

And a Bloomberg analyst article is now definitive fact, or does such depend on the 'topic'? I ask as it is common a.net mantra to state airline anaylsts are always wrong and never know what they're talking about!

Actually, it wasn't just a Bloomberg analyst, but Airbus’s president for the Middle East region: http://www.bloomberg.com/news/2011-0...pe-out-40-of-projected-orders.html
But hey, what does he know, eh?  



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User currently offlinebravo1six From Canada, joined Dec 2007, 399 posts, RR: 2
Reply 14, posted (3 years 8 months 2 weeks 4 days 20 hours ago) and read 2316 times:

Quoting bjorn14 (Reply 2):
I was just curious as to why they didn't try to sell the production slots

As a general rule, airlines can't "sell production slots" without the OEMs consent.


User currently offlineStitch From United States of America, joined Jul 2005, 31437 posts, RR: 85
Reply 15, posted (3 years 8 months 2 weeks 4 days 16 hours ago) and read 2172 times:
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Quoting AirNZ (Reply 12):
And a Bloomberg analyst article is now definitive fact, or does such depend on the 'topic'?

How does the word "opinions" make the statement "definitive fact"?   

Quoting frigatebird (Reply 13):
Actually, it wasn't just a Bloomberg analyst, but Airbus’s president for the Middle East region: http://www.bloomberg.com/news/2011-0...pe-out-40-of-projected-orders.html
But hey, what does he know, eh?    

  


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