Avianca Alters A320neos Deliveries To Strengthen Cash Position

Credit: Airbus
WASHINGTON—Avianca is canceling delivery of 17 Airbus A320neo family aircraft and deferring delivery of 35 more by at least seven years, the Colombia-based airline said Mar. 15. In an SEC filing, Avianca said the agreement “will reduce Avianca’s fleet CapEx needs by more than $350 million over the...

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