Etihad cancels Boeing 787 Dreamliner orders

by Braniff on March 8, 2011

Etihad Airways has bought more Boeing 777 jets and cancelled several orders for the US maker’s 787 Dreamliner orders.

The Abu Dhabi airline’s decision is being seen as a strategic move to reduce its exposure to the delayed Dreamliner programme.

The changes should help it avoid the risk of further delays with the Dreamliner affecting its aim to open new routes.

Etihad has converted options and will buy three 777-300ERs, it said yesterday. The three aircraft cost US$852.3 million (Dh3.13 billion) before standard industry discounts.

At the same time, the airline also cut orders for four 787-9 Dreamliners, the all-new jet that is scheduled to be delivered later this year to its launch customer ANA of Japan, some three years behind schedule.

The four jets are worth $872.4m at list prices and the cancellations reduce Etihad’s total orders of the Dreamliner to 31.

 

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