First 787 order cancelled - Boeing picks up a billion dollars worth of other orders
08 Aug 2008
Boeing Co announced the first cancellation of an order for its thrice-delayed 787 Dreamliner from Azerbaijan Airlines. The airliner provided solace, however, by ordering two 737-900ERs and two 767-300ERs, collectively valued at $449 million.
One of the 767s is a substitution for the cancelled 787 order, Boeing said.
Azerbaijan now has a total of four 737-900ERs, two 787-8s and two 767-300ERs on firm order. "We look forward to operating the 787 and benefiting from its advanced performance features; however, the 767-300ER is the economical and logical choice to fulfill our interim capacity targets," president Jahangir Askerov said.
The 787 is now set for its first test flight in the fourth quarter of this year and first delivery is now targeted for the third quarter of 2009, about 15 months behind schedule.
Meanwhile, British Airways has placed an order for two 777-300ERs, valued at $529 million, and has also agreed to lease four more from GECAS, Boeing said yesterday. Two of the four to be leased are new orders placed by the lessor, the manufacturer said, with the remaining two part of a 2007 order.
Including the latest two, GECAS has ordered 25 777s (a combination of freighters and -300ERs) since 2006.
BA also secured four 777-300ER options directly with Boeing, the manufacturer said yesterday.
