Wednesday, November 08, 2006

FedEx Sends Back Airbus Order

More bad news for Airbus and its jumbo problem, the A380. Not only did FedEx become the first company to drop its order for the super jumbo, it also announced it would buy 15 Boeing 777 freighters instead. I wouldn't be surprised if other potential customers followed suit. Lufthansa, ja?

If Emirates drops even a part of its biggest order for 43 planes, then I'm not sure if Airbus would ever be able to recover. Keep an eye on this one. The airline's people will be crawling all over Airbus's facility in Toulouse to see if this thing is flying anywhere soon.

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