March 15, 2019 / 10:02 PM / 5 days ago

Colombia's Avianca cancels 17 Airbus plane orders, delays 35 other deliveries

SAO PAULO, March 15 (Reuters) - Colombian airline Avianca Holdings on Friday said it had canceled an order of 17 Airbus A320 Neo aircraft and delayed deliveries on 35 others, according to a securities filing.

Avianca said this would reduce its financial commitments between 2020 and 2022 by $2.6 billion. The Colombian carrier has recently shifted its strategy to a focus on profitability from growth. (Reporting by Marcelo Rochabrun; Editing by Christian Plumb)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below