Pursuits
Airbus Loses Another A350-1000 Order as 777 Successor Looms
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Airbus SAS lost more orders for its A350-1000 from Etihad after the Abu Dhabi state-owned airline canceled seven jets, dealing a blow to a model that the planemaker has positioned against Boeing Co’s 777-300ER.
Airbus disclosed the dropped deal today in its monthly tally of orders and deliveries. The cut follows the cancellation of six A350-1000s by Etihad in December, paring the carrier’s order to 12 A350s, less than half the number it originally agreed to take on. The list price of the A350-1000 is $320.6 million, valuing the lost order at $2.2 billion.