Bangkok Airways delays A319 delivery
Bangkok Airways has delayed the delivery of an Airbus A319 aircraft to March, 2011 from November this year and cancelled an order for a turbo-prop ATR plane, Dow Jones reported.
The global economic downturn has also forced the privately-owned airline to put on hold its route expansion plan, as well as other investment projects.
"General slumping traffic worldwide is the major reason for the order cancellation and delay in delivery. It's going to be a very hard year for the airline business in 2009," Bangkok Airways senior vice president Peter Wiesner told Dow Jones.
He said the company is subject to some penalties for the order cancellation but didn't elaborate.
cargonewsasia.com