Emirates cancels order for 70 A350 aircraft | Emirates cancels order for 70 A350 aircraft -

Emirates cancels order for 70 A350 aircraft

: Thursday, June 12 - 2014 @ 00:43

Emirates Airline has cancelled its entire purchase of 70 Airbus A350 jets, dealing an unexpected blow to the European planemaker and engine maker Rolls-Royce, Reuters has reported. The decision cuts the order book for the European company’s newest jet, which is due to enter service in around six months’ time, by around 10%. The Dubai-based airline was among the first buyers for the A350 rival model to Boeing’s 787 Dreamliner when it placed the order for 50 A350-900 and 20 A350-1000 jets in 2007. The deal was worth around $16bn at 2007 list prices, or close to $22bn based on the current catalogue, although launch customers typically negotiate discounts.

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Thursday, June 12- 2014 @ 0:43 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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