Etihad Wants Airbus Discounts
06/13/2007, page 12
Etihad Airways appears to prefer discounts on future orders over cash compensation for the delay in the Airbus A380 deliveries.
"We are looking at the benefits on future orders," CEO James Hogan told Bloomberg News, a statement that implies Etihad will go with Airbus in its next expansion phase. The airline placed orders for four A380s, the first of which is due to arrive in 2009. But Hogan wants to push back the delivery date, saying the airline has to mature first before it can absorb the additional capacity (DAILY, May 11). -JF
Looks like Airbus will get some additional sales from Etihad. Potential good news for the program.