A Major Business Development - $21.6 BILLION Cancelled

[rdunk]

June 11 (Bloomberg) –- Bloomberg's Zainab Fattah reports on Emirates cancelling its order of Airbus A350 wide-body aircraft, valued at about $21.6B, after reviewing its fleet requirements

This is a pretty major business cancellation, and will have a rippling effect globally. Airbus still has many orders for these aircraft, but a 70 aircraft cancellation will be felt in a lot of places. it will be interesting to hear the Emirates side of this story, relative to the whys and wherefores.


http://www.businessweek.com/videos/2014-06-11/emirates-scraps-entire-order-for-a350-aircrafts?cmpid=taboola.bw.vid