Sunday, May 29, 2011

Boeing loses 15 Dreamliner orders - Los Angeles Business from bizjournals:

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The move reduces the airline company’sd firm orders for the aircraft from 65to 50. Joycwe said the cancellation would reducethe company’s aircraft capital expenditure by $3 billion based on currentg list prices. Delivery on the 15 delaye d orders has been moved from 2010to 2013. Qantasx CEO Alan Joyce says the decision was not relatedd to the delay in the Dreamliner progra m Boeing announced earlierthis week. On Tuesday, Boeingy said it would again postpone the first flight and delivergy of the 787 due to a structural problen foundduring testing.
Boeing said it will now work to repairf the problem by reinforcing small areaxs near the connection of the wings and In December, Boeing announced a two-quarter delagy in the Dreamliner program that it attributedf to last fall’s strike by the . The revisex schedule had called for the first flight to happeb latethis quarter. The first delivery was to have been in the firsf quarterof 2010. A new schedule for firsft flight anddelivery hasn’t yet been Joyce stated that the decision to cancel and defee orders had been made before the delay and attributes it to the continuee downturn of the globall market.
Joyce stated the compangy still believes the 787 will be used for the internationaol expansionof Jetstar, its low-cost subsidiary, and that it can eventuallyu replace Qantas’ Boeing 767 fleet.

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