Airbus SE is considering a cut in production of its A330neo jet after the biggest customer for the wide-body said a coronavirus-driven slump in travel had forced it to defer deliveries, according to people familiar with the matter.
The European planemaker is reviewing its production plans and may make a decision as soon as this month, the people said, asking not to be identified because the deliberations are private. In a filing last month, AirAsia X, the long haul unit of Malaysian low-cost carrier Air Asia Group, which represents about one-fourth of outstanding orders for the model, said it would postpone deliveries of its new A330neos.
Ref: https://www.bloomberg.com/news/articles ... s-deferral
In the AAX A330neo deferral thread the AAX Malaysia CEO was quoted as saying their thinking has shifted and they are finding A321 as a more suitable platform for their regional routes.
The article points out the Hainan take over by the provincial government and the Iran Air order on hold due to sanctions not likely to be lifted in the near term.
I am hopeful of a strong bounce back, but I also think 2020 will be not so great a year for A330neo.