EGYPTAIR IN TALKS TO DEFER A330-300 DELIVERIES

EgyptAir has held discussions with Airbus with a view to deferring some of its A330-300 deliveries as it seeks to stabilise its operations. EgyptAir does not believe the crisis will affect delivery of four outstanding 737-800s towards the end of 2012.The airline is also postponing the launch of services to Toronto and Washington. This is a far cry from last August when the airline brought forward the introduction of five A330-300s. The airline is battling with a huge crash in demand following the uprising in Egypt Last month. EgyptAir holding company chairman Hussein Massoud, speaking during a briefing today, admitted