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Heavy cancellations hammer Airbus net orders

Airbus has formally recorded Etihad Airways’ cancellation of 42 Airbus A350s which, alongside the scrubbing of 23 A380s and 25 A320neos, has left the airframer with a net order deficit of almost 100 aircraft.

Etihad had been discussing the reduction of its A350 orders and Airbus has removed 40 A350-900s and two A350-1000s from the Abu Dhabi-based airline’s backlog, leaving it with 20 A350-1000s.

Airbus has similarly removed the 20 A380s cancelled by lessor Amedeo, which was disclosed as the airframer confirmed it was ceasing production of the double-deck type.

It has also scrubbed three A380s previously assigned to an entity called Air Accord, which appeared on the A380 backlog following the collapse of Russian A380 customer Transaero.

Airbus’s dismal February has been capped off by the axing of 25 A320neos which had been destined for Germania, the Berlin-based operator which filed for insolvency last month.

At current list prices the overall cancellations equate to more than $26 billion worth of aircraft.

Airbus's only consolation during the month was an order for four A220s, comprising two -300s and two -100s, from Pacific carrier Air Vanuatu.

Air Vanuatu’s deal combined with the overall cancellation of 103 jets by other customers – including eight A380s for Qantas in January – resulted in a negative net order figure of 99 aircraft by the end of February.

Airbus has yet to record the long-haul order changes from Emirates which served as the catalyst for axing the A380 programme.

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