Russian carrier Aeroflot has cancelled the order for 22 Boeing 787 dreamliners valued around $5.5 billion..

October 14, 2019

 

The Russian carrier Aeroflot has cancelled the order for 22 Boeing 787 dreamliners valued around $5.5 billion at list prices.

The 787 order placed back in 2007, consisted of 18 smaller 787-8s and four 787-9s.

Both Boeing and Aeroflot didn’t officially announced the cancellation, but was buried in Boeing’s monthly order release.

Aeroflot still has 14 Airbus A350-900 wide-bodies on the order.

The cancellation would definitely impact Boeing’s 787 production rates, as it was planing to increase the 787 production rate from 12 to 14 per month.

Boeing also facing lot of challenges, after grounding 737MAX, issues with cracked “pickle fork” on 737NGs and issues with engines powering 787s

Boeing logged orders for 1,450 Dreamliners, of which 556 Dreamliners are still to be manufactured. At the rate of 14 jets a month, Boeing will have jobs only for 40 months, unless it log new orders.

Recently, the demand for widebody aircraft has been on the decline as many airlines are focusing on narrow body such as A321LR. 

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