Air Berlin has cancelled US$1.7 billion worth of firm orders for Boeing Co's 787 Dreamliner aircraft amid uncertainty over whether it will increase long-haul flights, reported Reuters.
Air Berlin, Germany's second-biggest airline after Lufthansa , has cut its order to 15 planes from 25. It also reduced the number of options for further 787 aircraft to five from 10, it said.
"We will continue to fly long-haul, but the bulk of our business is medium-haul," a spokesman for the company said.
The airline ordered the Boeing planes in 2007, when it planned to buy charter airline Condor from Thomas Cook. Air Berlin backed out of the planned takeover a year later, citing soaring oil prices and worsening economic conditions.
Cargonews Asia
Login
