Blue Air Scraps $462 Million Boeing 737 Order
Airnation.net Newswire
Romanian carrier Blue Air has cancelled an order with Boeing airplanes for 5 737-series jets at a list price of $462 million dollars.
‘The contracts, placed in 2008, were for two 737-800s and three 737-900ERs for delivery in 2015 and 2016, Blue Air Deputy General Manager Adrian Ionascu told Bloomberg News.
“The decision was based on the current financial situation of Romstrade, part of the same group of companies as Blue Air, and on Blue Air’s incapacity to pay liabilities stipulated in the contract with Boeing,” Ionascu said in an e-mail.’
Blue Air is trying to modernize its fleet to compete with its rival Wizz Air, which has an overall newer fleet of aircraft. Older planes not only require more maintenance but consume more fuel.
The carrier’s fleet currently consists of nine Boeing 737- 300s, -400s and -500s, a series that debuted in 1984, compared with service entry in 1998 for the -800 and 2007 for the -900ER.