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Qantas cancels Dreamliners, delays delivery of other aircraft
The Australian ^ | June 26, 2009 | Iain McDonald

Posted on 06/26/2009 2:20:02 AM PDT by Dundee

QANTAS has cancelled orders for 15 Boeing 787 Dreamliners and deferred the delivery of a further 15 aircraft, due to turbulent conditions.

The airline said it delayed by four years delivery of 15 Boeing 787-8 aircraft and cancelled orders for 15 787-9 aircraft that were scheduled for delivery in 2014-15.

The delay and cancellation in the orders "were appropriate in the current climate, and discussions with Boeing, which commenced some months ago, had not been influenced by the announcement this week of a design issue and further delay to the aircraft's first flight," said Qantas chief executive Officer Alan Joyce...

Qantas' overall Boeing 787 order has been reduced to 50 aircraft from 65 and it retains the right to buy an additional 50 aircraft...

The cancelled orders will save $US3 billion in capital expenditure, but Qantas gave no further details of the financial agreement with Boeing...

Qantas said it remains the biggest airline customer for Boeing's 787 and has firm orders for 35 B787-9s and 15 787-8s.

The first 15 aircraft - 787-9s - will be delivered from mid 2013 and used by Qantas' discount carrier, Jetstar, on its international operations.

Jetstar was to take delivery of 15 smaller B787-8s in mid-2010.

From the fourth quarter of 2014, Qantas expects 15 B787-8s for its Australia operations, allowing it to retire its B767-300 fleet.

The remaining deliveries of 20 B787-9s for both Qantas and Jetstar's international operations will take place from the fourth quarter of 2015 through to 2017, it said...

(Excerpt) Read more at theaustralian.news.com.au ...


TOPICS: Australia/New Zealand; Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: 787; airlines; boeing; quantas

1 posted on 06/26/2009 2:20:03 AM PDT by Dundee
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To: Dundee

The delay and cancellation in the orders “were appropriate in the current.Looks like Obamanomics not working for them.


2 posted on 06/26/2009 3:03:16 AM PDT by Vaduz
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To: Dundee

I thought the “turbulent conditions” only affected their crappy Airbus A330s.


3 posted on 06/26/2009 3:45:01 AM PDT by mikey_hates_everything
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To: Dundee

Interesting they are keeping the smaller 787-8’s, and canceling the larger 787-9s. My guess is they are going to recompete the 787-9 requirement against the A350.


4 posted on 06/26/2009 4:53:51 AM PDT by magellan
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