Kenya Airways CEO, Titus Naikuni, stated performance data from the five B787s undergoing tests flights is not yet available but commented that talks with Boeing indicate its nine B787s on order, originally scheduled for delivery in 2010, "may be delivered in 2013" (capitalfm/Reuters, 04-Jun-2010). The carrier has already entered into negotiations with Airbus for nine A330s due to the ongoing delays, with Mr Naikuni adding, “in the event Boeing does not meet our expectation fair enough we will go to Airbus". He added, "we should be able to make up our mind [about whether to buy A330s] by the end of this calendar year". Kenya Airways operates a 28-aircraft fleet comprised 12 widebody and 16 narrowbody aircraft [more - Presentation]
Kenya Airways to switch to Airbus if B787 schedule changes
You may also be interested in the following articles...
Lion Group 2016 fleet analysis: slower growth following 737 cancellations & increased focus on FSCs
Lion Group significantly slowed its rate of expansion in 2016 and cancelled 21 Boeing 737 orders. The Indonesia-based airline group took 36 aircraft in 2016 compared to 57 aircraft in 2015, as the rate of 737 deliveries was slashed in half from an average of two per month to one per month.
Most of the growth in 2016 was at Lion Group’s two full service airlines, Indonesia’s Batik Air and Malaysia’s Malindo Air. Malindo expanded its fleet by a staggering 15 aircraft, for a total of 42, making it one of the fastest-growing airlines in the world. Batik expanded its fleet by eight aircraft in 2016, for a total of 41.
The rate of expansion slowed at all three of Lion Group’s low cost airlines – Lion Air, Thai Lion Air and the turboprop operator Wings Air. The fleet at the main Lion Air brand only expanded by three aircraft, while Wings added four turboprops. The group’s JV in Thailand added six aircraft, which was fewer aircraft than initially planned.
Delta Air Lines: reaping rewards, but building balance sheet strength has no set endpoint
Few would challenge the conclusion that Delta has one of the soundest balance sheets among US airlines. Its reductions in adjusted net debt and leverage ratios garnered their just rewards in 2016 when the company secured coveted investment-grade rating from Fitch and Moody’s.
During the time Delta has significantly improved its balance sheet metrics it has also steadily increased its shareholder rewards, and has reiterated its commitment to increasing dividends. The airline's position is that continuing to drive the importance of its dividend performance is a key component of the company’s valuation proposition.
Similarly to many other US airlines, Delta is facing unit cost inflation in 2017; but the company’s unit costs growth for the year should fall below 2016 levels. Those costs are inflated due to a new pilot contract that joins a number of new contracts that US airlines inked in 2016, which are resetting industry pay scales.