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Aercap says handful of A320neo deliveries could be delayed

Published 03/08/2017, 13:26
Updated 03/08/2017, 13:30
© Reuters.  Aercap says handful of A320neo deliveries could be delayed
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DUBLIN (Reuters) - The world's largest independent aircraft leasing company, AerCap (N:AER) said on Thursday that it believes a handful of its A320neo jet deliveries may be delayed until next year but that it would not have a material impact on its financial results.

Airbus (PA:AIR) has delayed a number of deliveries of its A320neo jets due to engine problems with their Pratt & Whitney (N:UTX) engines.

"We have a number of Pratt & Whitney powered A320neos scheduled for delivery in the second half of this year. If the problems persist, we would expect that a number of those will slip into 2018," chief executive Aengus Kelly told journalists on a conference call after AerCap's second-quarter results.

He said the delays would not have a material impact on AerCap as a whole and that he did not believe the problems would continue in the long term. "They will get it right," he said.

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