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Air Baltic CEO says on track for A220 deliveries, as delays ease

Air Baltic CEO says on track for A220 deliveries

2018 09 05

2018 09 05

Reuters - AirBaltic, the largest European customer for Airbus SE's A220, expects to have 14 of the 130-seat jets by year's end, as production issues and engine woes that once delayed deliveries have eased, the airline's chief executive said on Tuesday.

Latvian-based AirBaltic, launch customer for the larger version of the jet formerly called the CSeries, has already received 11 A220-300 planes and is on track to take the remaining three by year's end, CEO Martin Gauss said in an interview at the company's Montreal-area assembly-site.

Canada's Bombardier agreed to sell Airbus a 50.01 percent stake in its flagship commercial jet for a token fee of one Canadian dollar, after sluggish sales and low production rates pushed the program well over budget. The Canadian company retains a minority stake in the program after the deal's closing in July.

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