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AIR - Airbus SE News Story

€97.81 1.2  1.3%

Last Trade - 10:16am

Sector
Industrials
Size
Large Cap
Market Cap £65.51bn
Enterprise Value £67.80bn
Revenue £42.95bn
Position in Universe 14th / 848

BRIEF-Alaska Air Group- As Of Dec 22, Have About $550 Mln In Pre-Delivery Deposits On Hand With Boeing For Existing Firm Aircraft Orders

Tue 22nd December, 2020 2:07pm
Dec 22 (Reuters) - Alaska Air Group Inc  ALK.N :
    * ALASKA AIR GROUP - AS OF DEC. 22, HAVE ABOUT $550 MILLION
IN
PRE-DELIVERY DEPOSITS ON HAND WITH BOEING FOR EXISTING FIRM
AIRCRAFT ORDERS
    * ALASKA AIR GROUP - EXPECT THAT NET CASH IMPACT OF
RETURNING THE
AIRBUS AIRCRAFT WILL BE APPROXIMATELY $45 MILLION IN 2021, AND
$65 MILLION IN 2022
    * ALASKA AIR - REVISED DELIVERY TIMELINE WITH BOEING FOR
EXISTING
ORDER OF 32 737-9 MAX AIRCRAFT, NOW EXPECTED TO DELIVER BETWEEN
2021 AND MID-2023
    * ALASKA AIR GROUP INC - WILL CEASE USE OF AN ADDITIONAL 20
AIRBUS
A320 AIRCRAFT EFFECTIVE IMMEDIATELY

Source text: https://bit.ly/37G3sdp
Further company coverage:  ALK.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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