Kuwait Airways Co., seeking a return to profit within the next three years, agreed to buy 25 Airbus SAS aircraft comprising 10 A350-900s wide-bodies and 15 short- haul A320neos in a deal worth $4.4 billion at list price.
Turkish Airlines, which will more than double its fleet by the start of next decade, said it’s delaying a possible order for jumbo jets for at least two years as it focuses on expanding its network with smaller airliners.
Aer Lingus Group Plc, Ireland’s national carrier, said it’s working on plans to fly short-haul routes for major European airlines keen to exit unprofitable services while retaining feeder traffic to their hubs.
Less than a year ago, Airbus SAS was struggling to secure orders for its biggest A350 variant as airlines decried the plane as flawed. Now the company is trying to figure out how to meet resurgent demand.
Polish airline LOT, the first European airline to receive Boeing Co. 787 Dreamliners, is leasing an Airbus SAS A330 to operate transatlantic flights as the U.S. aircraft remains barred from commercial service.