Kuwaiti lessor Alafco delays Airbus orders - Reuters:
Kuwaiti aircraft leasing company Alafco said on Wednesday it has reached an agreement with Airbus (AIR.PA) to delay the delivery of aircraft ordered from the planemaker.
Aviation has been one of the industries worst hit during the COVID-19 pandemic and airlines around the world expect it will take years before travel returns to pre-pandemic levels.
The lessor did not say how many aircraft were affected by the agreement, although according to Airbus’ website it currently has 43 A320neo and 10 A321neo jets on order to be delivered.
Under the agreement, advance payments to be made between now and the next three years will instead be due from 2024 onwards, Alafco said in a bourse filing.
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