Asian carrier Hong Kong Air has cast doubts over its order for 10 Airbus A380s. The company’s president Yang Jianhong said it was watching the market situation and deciding how best to develop for the future. The airline has also just pulled its only intercontinental service between Hong Kong and London. The carrier explained that it had decided to cancel the business class service because it had failed to lure enough corporate passengers away from Cathay Pacific.
Hong Kong Air also announced that an order for six Boeing 777 freighters which were due to start being delivered next year would now not begin to be delivered until 2014.
Jim Wong, a transport analyst with Nomura Holdings in Hong Kong, said it was sensible for Hong Kong Air to put off its plans for aggressive expansion in an unpredictable economic climate and at a time when the cost of jet fuel was still high.
Airbus said that currently the order for A380s from Hong Kong Air had not changed. The European manufacturer has also had an order for aircraft pushed back by India’s Kingfisher Airlines as it struggles with debt problems and refinancing.
Qantas has now taken delivery of 12 superjumbos from Airbus out of an order for 20. Singapore Airlines is also just waiting for one more A380 to fulfil an order for 19.