AIRLINK 66.80 Increased By ▲ 2.21 (3.42%)
BOP 5.67 Increased By ▲ 0.07 (1.25%)
CNERGY 4.63 Decreased By ▼ -0.09 (-1.91%)
DFML 22.32 Increased By ▲ 1.56 (7.51%)
DGKC 69.76 Decreased By ▼ -1.64 (-2.3%)
FCCL 19.62 Decreased By ▼ -0.33 (-1.65%)
FFBL 30.20 Decreased By ▼ -0.25 (-0.82%)
FFL 9.90 Decreased By ▼ -0.15 (-1.49%)
GGL 10.05 No Change ▼ 0.00 (0%)
HBL 115.70 Increased By ▲ 4.70 (4.23%)
HUBC 130.51 Decreased By ▼ -0.33 (-0.25%)
HUMNL 6.74 Decreased By ▼ -0.11 (-1.61%)
KEL 4.35 Decreased By ▼ -0.04 (-0.91%)
KOSM 4.80 Increased By ▲ 0.46 (10.6%)
MLCF 37.19 Decreased By ▼ -0.56 (-1.48%)
OGDC 133.55 Decreased By ▼ -0.30 (-0.22%)
PAEL 22.60 Increased By ▲ 0.03 (0.13%)
PIAA 26.70 Decreased By ▼ -0.85 (-3.09%)
PIBTL 6.25 Decreased By ▼ -0.06 (-0.95%)
PPL 113.95 Decreased By ▼ -1.00 (-0.87%)
PRL 27.15 Decreased By ▼ -0.07 (-0.26%)
PTC 16.13 Decreased By ▼ -0.37 (-2.24%)
SEARL 59.70 Decreased By ▼ -1.00 (-1.65%)
SNGP 66.50 Increased By ▲ 1.35 (2.07%)
SSGC 11.21 Decreased By ▼ -0.14 (-1.23%)
TELE 8.94 Decreased By ▼ -0.03 (-0.33%)
TPLP 11.34 Increased By ▲ 0.09 (0.8%)
TRG 69.36 Increased By ▲ 0.31 (0.45%)
UNITY 23.45 Increased By ▲ 0.01 (0.04%)
WTL 1.36 Decreased By ▼ -0.03 (-2.16%)
BR100 7,312 Decreased By -12.8 (-0.17%)
BR30 24,106 Increased By 48.2 (0.2%)
KSE100 70,484 Decreased By -60.9 (-0.09%)
KSE30 23,203 Increased By 11.5 (0.05%)

PARIS: Air France will this week announce plans to purchase between 50 and 70 Canadian-made Airbus A220 medium-haul jetliners, part of a keenly-awaited revamp of its fleet, France's Journal du Dimanche newspaper reported Sunday.

Air France's board is expected to confirm the huge order on Tuesday, a day before the carrier publishes its results for the first half of 2019.

It could include an option on "other aircraft of the same type" but contrary to previous speculation is not expected to include any of Airbus' popular narrow-body A320neo jets, the Journal du Dimanche reported.

No estimate was given for the value of the deal.

Air France refused to confirm the order, saying that "no decision has been taken at this stage".

Airbus refused to comment.

The A220 was known as the Bombardier C Series before Airbus bought a majority share in the loss-making aircraft last year and rebranded it.

Assembled in the Canadian province of Quebec, it can carry between 100 and 150 passengers and has a range of more than 6,000 kilometres (3,730 miles).

Benjamin Smith, who became the first non-French chief executive of Air France-KLM last year, is also Canadian.

He is on a drive to cut the carrier's costs and help it compete against low-cost rivals by closing or reducing loss-making short-haul routes and making use of smaller aircraft.

In May, he announced plans to cut up to 465 jobs through voluntary redundancies.

Copyright AFP (Agence France-Press), 2019
 

Comments

Comments are closed.