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Jazeera Airways to receive four A320s by 2014; reduces A320 order from 40 to 15 aircraft

7-Apr-2011 11:11 AM

Jazeera Airways Group, parent company of Jazeera Airways and Sahaab Aircraft Leasing, stated (06-Apr-2011) it would receive four new A320s between 2012 and end of 2014 as part of the airline’s fleet modernisation. The airline had already taken delivery of one A320 in Jan-2010 as part of this order. The airline also announced it has revised the order it placed for A320s in 2007 from 40 to 15 aircraft. The decision to adjust the short-term fleet size was part of an internal business enhancement plan called the "Turn-Around Plan" that began rolling out in May-2010. Adjusting the fleet size was one of the objectives.  [more]

Jazeera Airways Group: “Having one of the Middle East’s youngest fleets is a core component of our customer offering. Our target is to phase out aircraft that have more than six years of operation, and we have already begun phasing out aircraft as part of this programme. The decision to resize our fleet is the right decision for Jazeera Airways at the time being, given the overcapacity we’ve seen in the market in 2009 and 2010 when we saw close to half of the seats offered by our peers on the routes we operated were being flown empty. However, we might revisit this decision in the future as Airbus introduces new A320 models to the market,” Marwan Boodai, Chairman. Source: Company Statement, 06-Apr-2011.