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Air Berlin cancels Boeing aircraft orders

  • Published by Ozgur Tore

Air Berlin, Germany's second-biggest airline, had cancelled orders with Boeing for 33 aircraft with a list price of about $5 billion.

boeing-buildingThe airline, which last month reported a return to profit in the second quarter, said in a statement that the cancellation would "significantly reduce the future capital expenditure" of the company.

The two firms agreed that the orders relating to the 18 B737 and 15 B787 aircraft not yet delivered shall be cancelled.

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