Qatar Airways is in talks with Airbus and Boeing to delay deliveries for all aircraft ordered.
CEO Akbar al-Baker stated today that all new aircraft will be “deferred for several years.” This comes as Qatar reported to downsize its fleet by 25 per cent.
Qatar was supposed to receive its biggest delivery in 2020
Qatar was supposed to receive its biggest delivery in 2020 of 40 aircraft but because of the coronavirus crisis, the airline needs to optimise its resources and have to delay its deliveries.
The CEO had said: “Well we are in negotiation with them, so I don’t want to talk about this, but yes it will be deferred for several years.”
As reported by South China Morning Post, the CEO is discussing the delaying of more than 200 aircraft that are on order. Qatar will also be cutting 25 per cent of its fleet. Among the 25 per cent are ten Airbus A380s.
Which aircraft will be delayed?
Qatar Airways currently has more than 200 aircraft on order from Airbus and Boeing.
This would see a postponement of some 50 A321neo and 27 A350-1000s. The A321neos were intended to be Qatar’s first narrow-body jet featuring lie-flat business class seats.
The airline was also expecting a delivery of 27 787-9s with the second-generation Q-suite which boasts a 20 per cent reduction in weight, reducing fuel consumption and costs.
50 777-9s and 10 777-8s are in Qatar Airways’ order books as well. The carrier had wanted to switch its -8s for -9s but because it was committed to being one of Boeing’s first operator for the 777x, the decision was taken back.
Qatar to financially support Cathay
With Qatar actively cutting costs, reducing its fleet and delaying orders, the CEO stated that the carrier, being Cathay’s third largest shareholder, will support Cathay should the Hong Kong-based carrier requires assistance.
He told the South China Morning Posts that “Cathay is a well-established company and as a shareholder, if Cathay Pacific were to approach us for an equity injection, we will definitely support them.”
Qatar Airways will continue to focus on cargo operations for this period of economic downturn. It is operating an average of 110 daily cargo-only flights including the use of all of its 26 dedicated freighter aircraft.