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Article: Air NZ takes advantage of downturn to buy A320s.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Matt O'Sullivan
Nov 03, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- A discount on the standard price per airplane of $US1bn ($A1.1bn) will be given by European manufacturer Airbus to Air New Zealand, due to the weakening aviation market. The carrier is buying 14 of the A320 aircraft to replace 15 of the Boeing 737-300 model. An option for another 11 purchases also exists. Rival Qantas Airways is planning to acquire a mix ...