30 pct of airlines may defer plane deliveries
SINGAPORE (AFP) –
Nearly 30 percent of airlines worldwide are likely to defer aircraft deliveries as financing conditions deteriorate, a survey by Swiss banking giant UBS said.
Only half of the airlines polled have secured financing for aircraft deliveries this year and in early 2010, according to the survey obtained from industry sources at the weekend.
The survey released this month covered small and large airlines worldwide, including nearly a third of operators with more than 100 aircraft on their fleet.
“Consistent with our prior survey (released in January), nearly one-third of respondents are likely to defer the delivery of aircraft currently on order,” UBS said.
“Nearly all of our respondents are due to take new aircraft deliveries over the next 12-18 months with only half indicating that they have secured financing,” it added.
“Overall, financing looks …
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