Italian leisure carrier Eurofly has decided against converting its initial commitment for three A350s into the revamped A350 XWB.
The Italian carrier has concluded that it will not convert its initial commitment into the new aircraft type, citing the later delivery timing – around two years later than Eurofly’s original 2013-14 schedule when it signed for the original A350 in October 2005.
It has reached agreement with the manufacturer to cancel its commitment.
Under the terms of the agreement struck between the two companies, Eurofly says ending the contract will not have any financial impact on its results.
Eurofly, which is part-owned by Italian carrier Meridiana, last year launched a new business plan aimed at restoring profitability in 2009.
The decision by Eurofly comes a week after another previous A350 customer appeared to drop plans to take the aircraft.
Spanish carrier Air Europa originally placed an order for 10 A350s in January 2006, but did not convert the order when Airbus revamped the design as the A350 XWB. It has since ordered up to 16 of the rival Boeing 787.
Source: flightglobal.com's premium sister news site Air Transport Intelligence news