I was reading a recent "Aircraft Value Review" on the A318 and the outlook for residual values of this airplane. What I found interesting was the following quote;
America West [AWA] is the latest customer to indicate that it will not take the 15 aircraft that Airbus still lists as being on order. The engine manufacturer is now seeking to secure placement with the 15 A318s ordered by Iberia as part of the carrier's order for 76 A320 family memeber. Unfortunately,Iberia already operates a fleet of A320s powered by the competing CFM56
As I understood, HP have the right to outright cancel the A318 under certain conditions. I have not heard anything or seen any Public announcement by HP on this. Have they publicly indicated that they won't take the A318s? Also, I assume the engine manufacturer mentioned is PW, correct?
Any update on HPs intention with regard to the A318 would be appreciated.
Thanks and regards