Airlines has finalised a new fleet plan which include significantly slower
expansion of its Airbus A320 and ATR 72 fleets, delayed Airbus A380 deliveries
and potentially the sale of two A340-500s.
airline has been working on a new fleet plan since unveiling plans in December
to merge with Air Deccan. The two carriers both had large outstanding orders
for A320 family aircraft and ATR 42/72 turboprops which chairman Vijay Mallya says were clearly too many given current market
Mallya says the carrier has not cancelled any of its orders
but most of its future deliveries have been deferred. Under the new fleet plan,
the carrier will take only eight new aircraft per year from 2009.
won’t be inducting as many as originally planned,” Mallya
told reporters during a briefing at the Farnborough air show.
to Flight’s ACAS database, Kingfisher
currently has 29 A320s and 16 ATR 72s on outstanding order while Deccan has 52 A320s and 21 ATR 72s. These aircraft were
originally all going to be delivered by 2013, which would have required
deliveries of over 20 aircraft per year for the merged carrier.
Mallya says Kingfisher also has opted to return two Airbus
A320s at the conclusion of their leases later this year. These came from the
Deccan fleet and are the first aircraft to exit either Deccan
the A320 fleet will still grow by three before year-end because Kingfisher will
take five additional A321s this year.
Deccan and Kingfisher formally merged on 7 July and
yesterday their air operators’ certificate was combined into one.
new Kingfisher currently operates a fleet of 87 aircraft which consists of two
Airbus A330-200s, 48 A320 family aircraft and 37 ATR 72s. Kingfisher’s fleet at
the end of this year will comprise of 103 aircraft consisting of 51 A320s, 42
ATR 72s, five A330-200s and five A340-500s.
has recently completed sale and leaseback deals for all 10 of the new
A330/A340s. But Mallya reveals Kingfisher may sell
two of these A340-500s this year, which would give it a year-end fleet of 101
Mallya says three of the carrier’s new A340-500s will be
used to launch a Bangalore-San Francisco non-stop service. He says the other
two were going to be used to operate a Mumbai-New York service but this plan may be
scrapped because there is too much capacity already in this market.
have three offers to buy them. I wasn’t expecting it. I got them nonetheless,”
Mallya says the five A380s which Kingfisher ordered in 2005
also have been deferred by about another six months. Kingfisher was originally
going to take its first A380 in 2010 and this was later slipped to 2011 due to
now looking at 2011 or 2012,” Mallya says. “We have
opted for the maximum operating weight so there will be another six-month
adds there will be no penalty payments received from Airbus for this additional
delay because “I’ve opted to go for that extra weight … you can’t penalise them
2005 order also included five A350s and five A330-200s. In 2006 it ordered five
A340-500s. Last year Kingfisher increased its A350 order to 15, its A330 order
to 10 and its A340 order to 10.
Mallya says after taking five A330s and five A340s this
year, Kingfisher will take a breather next year with no widebody
deliveries. This he says will allow its new long-haul routes to stabilise
before more expansion is pursued in 2010. In 2010, Kingfisher is now scheduled
to take four additional A330-200s.