The Conservative Cave

Current Events => Economics => Topic started by: Chris on June 26, 2009, 11:58:53 PM

Title: Qantas cancels order for 15 Boeing Dreamliners
Post by: Chris on June 26, 2009, 11:58:53 PM

Quote

Qantas cancels order for 15 Boeing Dreamliners (http://news.yahoo.com/s/afp/20090626/ts_afp/australiaairlinecompanyqantas;_ylt=AlGRjYt4dq0BT2jXWuRd21xvaA8F;_ylu=X3oDMTM0cWc1MnE4BGFzc2V0A2FmcC8yMDA5MDYyNi9hdXN0cmFsaWFhaXJsaW5lY29tcGFueXFhbnRhcwRwb3MDMjAEc2VjA3luX2FydGljbGVfc3VtbWFyeV9saXN0BHNsawNxYW50YXNjYW5jZWw-)

SYDNEY (AFP) – Australia's Qantas cancelled a three billion US dollar order for 15 of Boeing's troubled 787 Dreamliner aircraft, citing a marked deterioration in the global economic environment.

Qantas said in a statement that it had reached agreement to "cancel orders for 15 B787-9s scheduled for delivery in 2014/2015."

Company CEO Alan Joyce said the cancellation had not been influenced by the delay of the aircraft's inaugural flight earlier this week due to a design flaw.

"Qantas announced its original B787 order in December 2005, and the operating environment for the world's airlines has clearly changed dramatically since then," he said.

Boeing on Tuesday delayed the maiden flight and delivery of its 787 Dreamliner for the fifth time, to reinforce the aircraft's structure, and said a new schedule would be available in "several weeks".

I wonder how many canceled orders have not been reported. :(

Title: Re: Qantas cancels order for 15 Boeing Dreamliners
Post by: Gratiot on July 03, 2009, 02:36:22 PM

I wonder how much of it has to deal with "marked deterioration in the global economic environment" versus, a loss of trust with Boeing's CEO on their delivery timeline.

Title: Re: Qantas cancels order for 15 Boeing Dreamliners
Post by: NHSparky on July 03, 2009, 02:41:49 PM

Yeah, Quantas--just keep going with those Airbus planes that drop out of the skies for no apparent reason.