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Boeing Loses 35-Dreamliner Order as Qantas Cuts Costs

Boeing Co. lost an order for 35 Dreamliners with a list price of $8.5 billion in the biggest 787 cancellation yet as Qantas Airways Ltd. scrapped a contract after delivery delays and losses on international routes.

Qantas’s pullback on the 787-9 reduced Chicago-based Boeing’s backlog for the larger derivative of the composite-plastic plane by about 10 percent. It also underscores a travel slowdown that has caused carriers including Cathay Pacific Airways Ltd. and Singapore Airlines Ltd. to cut growth plans.