Singapore - Asia's largest aircraft leasing company expects delivery delays for up to 30 Boeing and Airbus jets that are due this year.
Singapore-based BOC Aviation said 12 Airbus A320neo and six Boeing 737 MAX jets that had already been set for acquisition in the first half of the year had been delayed.
As a result of this, the Singaporean lessor may not deliver up to seven A320neo and 23 737 MAX aircraft to its customers this year.
The 737 MAX delays occurred as a result of the global flight ban imposed for the type after two deadly crashes in Indonesia and Ethiopia at short intervals.
The lessor said that it was working with Boeing on an updated delivery schedule.
The 737 MAX operators were expecting the grounded aircraft to return to service in the last quarter of the year. But in a recent statement, the American manufacturer said that it would temporarily halt the production of the aircraft if this period extended further.
Last week, Southwest Airlines announced that it canceled the scheduled 737 MAX flights until Jan. 5, 2020. The frustrated operator also decided to leave Newark Airport because of the revenue loss resulting from the prolonged 737 MAX grounding.
Ryanair, another airline with a huge 737 MAX order warned about job cuts due to the uncertainty surrounding the aircraft.
Michael O’Leary, the boss of the Irish low-cost carrier, has said that his company may not put 737 MAX into service by next summer if the flight ban is not removed in the fourth quarter.
Ryanair had to cut its growth plans for 2020 by half due to canceled 737 MAX flights.
Today the airline said that it will cut 900 pilot and cabin crew jobs amid Brexit concerns and the ongoing Boeing 737 MAX grounding.