Qantas Cancels Orders for 15 787s

Photo by mattdocampo

FlightGlobal reports that Qantas Airways has cancelled orders for 15 787-9s and deferred the deliveries of 15 787-8s in a bid to reduce capital expenditure.
This is the first major cancellation for the delayed Dreamliner.
Qantas was the biggest customer for the 787 and still has orders for 35 787-9s and 15 787-8s. It had planned to use the first 15 787-8s for JetStar, it’s low cost subsidiary, operations which were slated to arrive from 2010. Now it plans to provide JetStar with the 787-9s which will arrive from 2013 onwards.
Qantas CEO Alan Joyce has said that the delay was not a reason for the cancellation.
Boeing stock quote went down by 0.66% at the latest change ( 7.59pm ET ) . This is the 50th post in this blog and sadly, I had to post a bad news. This news comes in a week full of bad news with the 6th delay to 787 delivery schedule and Michael Jackson’s death this morning.

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