Boeing Loses Guggenheim’s 747 Order Because of Delays
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Boeing Co., whose new 747-8 jumbo-freighter has been delayed by a year and a half, lost a customer when Guggenheim Aviation Partners LLC canceled its remaining order for two of the jets because of delivery setbacks.
“It’s very disappointing for us as we wanted to stay with the program,” said Steve Rimmer, chief executive officer of the Issaquah, Washington-based leasing firm. “The cancellation was a direct result of the delays and the commercial consequences of those delays.”