Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Seven African countries' economies at risk over Brexit decision

Read more

THE DEBATE

Britain votes out: What next?

Read more

#TECH 24

The 'fintech' revolution

Read more

FRANCE IN FOCUS

A certified 'palace': How hotels strive for excellence

Read more

#THE 51%

In her own image: Women in Art

Read more

REPORTERS

World War I: When northern France was on German time

Read more

REVISITED

Video: Ugandan city still scarred by Lord's Resistance Army atrocities

Read more

MEDIAWATCH

#Brexit sparks a storm on social media

Read more

BUSINESS DAILY

Markets, pound plunge on Brexit vote

Read more

Business

Qantas cancels order for 15 Boeing Dreamliners

Text by NEWS WIRES

Latest update : 2009-06-26

Citing the global economic downturn, Australian airline Qantas announced Friday that it had cancelled an order for 15 Boeing 787 Dreamliner aircraft, saving the company $3 billion.

AFP - Australia's Qantas on Friday cancelled an order for 15 Boeing 787 Dreamliner aircraft, citing dramatic changes to the global economic environment.
  
"Qantas announced its original B787 order in December 2005, and the operating environment for the world's airlines has clearly changed dramatically since then," Qantas CEO Alan Joyce said in a statement.
  
Joyce said the cancellation, which would save Qantas three billion US dollars, had not been influenced by the delay of Dreamliner's inaugural flight earlier this week due to a design flaw.
  
The statement said Qantas and Boeing had also agreed to postpone delivery of a further 15 Dreamliners.

Date created : 2009-06-26

COMMENT(S)