British Airways cuts costs
London, UK – Also delayed the delivery of Airbus A-380s
(WAPA) – British Airways announced a 20% cost-cutting plan for this year, to face economic difficulties caused by the international air transport crisis. Among them there is also the delay of the delivery of 12 Airbus A-380s ordered by the carrier.
The airline announced that only the first of these aircraft will be delivered in 2012, before the beginning of London’s Olympic games; as for the others, five will be delayed of about five months, while the following six would be delivered two years after the initial schedule, until Autumn 2016. Initially deliveries were expected to end in 2014.
British Airways also stated that it would cut its Summer capacity by 3.5%, a 1% more than the initial estimate, and by 5% in Winter. After announcing the grounding of 16 aircraft for this Winter (see AVIONEWS), the airline added it will also ground three Boeing 757/200 for Summer 2010 and a further 747/400 for Winter 2010. (Avionews)