Investing.com - Airbus SE (EPA:AIR) is nearing a widebody aircraft order from SAS AB (STO:SAS) as the Scandinavian carrier works to secure delivery slots and expand its long-distance network, according to reporting from Bloomberg, citing people familiar with the matter.
The airline is considering a mix of the Airbus A330neo and the A350, with about 15 to 20 aircraft under consideration. The carrier is set to finalize the deal in coming weeks and will receive the aircraft early in the next decade, one of the people said.
SAS currently operates an all-Airbus widebody fleet, consisting of A350s as well as older A330 jets. The carrier had been in talks with Boeing Co. (NYSE:BA) but decided to choose the European planemaker to maintain fleet commonality and keep down costs, one of the people said.
Scandinavia’s biggest operator has had to contend with the fallout from the Iran war. The carrier has been forced to cut some flights after the effective closure of the Straight of Hormuz sent the price of jet fuel to a record.
SAS joins other airlines navigating delivery slot constraints and fuel price volatility in the current aviation market.
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