Delta Air Lines cancels order for 18 Boeing 787s

Delta Air Lines Tuesday officially canceled a deal for 18 Boeing widebody jets that, though long anticipated, still leaves a dent in the planemaker’s 2016 order book. The carrier inherited a 2005 deal for 18 Boeing 787 jets when it bought Northwest Airlines 3 years later, and in 2010 deferred deliveries until after 2020 in a move that analysts viewed as a signal it would never take the planes. Northwest had been the US launch customer for the 787 and took options on 50 more jets that were due to start arriving in 2008. Design and production problems delayed the first 787 delivery until 2011. Delta has focused its widebody jet fleet on Airbus, but remains a big Boeing customer, ordering 120 of its 737-900ER single-aisle jets. Neither company detailed the terms of the cancellation. <br/>
Wall Street Journal
http://www.wsj.com/articles/delta-air-lines-cancels-order-for-18-boeing-787s-1482878219
12/27/16