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FINANCIAL NEWS
Dubai Aerospace cancels Dreamliner order
05 Feb 2011
(MENAFN) Dubai Aerospace Enterprise Ltd. Said that it canceled its order for thirty two of Boeing’s 737 Dreamliners, a deal that was worth around $2.3 billion, reported Gulf News.
The state-owned leasing and services company said that its current backlog for the Dearmliner is 35. The company said that it would study further cancelations of orders of the same aircraft.
Aerospace had previously canceled orders of 47 aircrafts provided from Airbus and Boeing.
It is worth noting that Dubai Aerospace was established in the UAE back in 2006 during the peak of an air-travel boom.
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BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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