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DAE cancels remaining Airbus orders

08 July 2011

The Dubai-based lessor has cancelled orders for 45 Airbus aircraft worth $5.6 billion at list prices.

Tags: Dubai Aerospace Enterprise (DAE)  |  Airbus  |  A320  |  A350-900  |  Boeing

Dubai Aerospace Enterprise (DAE) has cancelled its 45 remaining orders with Airbus. At list prices the aircraft are worth about $5.6 billion.

"As we expected DAE Capital cancelled 34 A320s and 11 A350-900s," says an Airbus spokesperson. "Those aircraft are extraordinarily popular,...

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