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Air Berlin cuts 787 order

Air Berlin cuts 787 order

16/03/10 19:35 CET

corporate

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Air Berlin has cancelled firm orders for Boeing 1.25 billion euros.

Germany’s second-biggest airline said that was done to cut its financial obligations amid uncertainty over whether it would expand the number of its long-haul flights.

It now plans to buy 15 of the planes rather than 25.

It also deferred delivery of nine other Boeing aircraft.

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