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DAE Capital cancels $4.5bn Airbus order

03 March 2011

The cancellation for 18 A320s and 12 A350s follows an August cancellation for 25 Airbus aircraft.

Read more: DAE Capital Airbus A320 A350-900 737-700 Dubai

DAE Capital, the Dubai-based lessor, cancelled orders for 30 Airbus aircraft worth $4.5 billion at list prices in February. The cancelled order includes 18 A320s and 12 A350s, an Airbus spokesperson confirmed.

The lessor also cancelled...

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