Airbus announced another deal for the A330neo, Kuwait Airways signed a Purchase Agreement (PA) for eight A330-800 aircraft. This follows two recent deals for the same model with African airlines.
The A330neo order book has been slow to fill, compared to the A330ceo’s. This is primarily because the A330 was an aircraft that checked all the right boxes at its launch. The average A330ceo is only 12 years old and nowhere near ready for replacement.
For Airbus, this means focusing, for now, on deals that are not replacing A330ceos with A330neos. The better opportunities are to replace 767s and early 777s. Kuwait operates five A330-200s and the A330-800 are an appropriate tool to replace those, although these A330ceos date from 2015. It would seem that the A330neo and A350s the airline has on order are for growth purposes. The airline’s other long-haul aircraft are 777-300ERs, the first of which was in delivered 2016.
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