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Dubai's Emirates shelves order for 20 Airbus A340s |
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4/1/2006 9:39:31 AM |
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PARIS (AFX) - Dubai airline group Emirates has decided to shelve its order for 20 Airbus A340 long-haul jets, for which delivery was scheduled to commence next year, Airbus said.
Emirates wants to wait for an updated model of the jet to appear before going through with the order, said the company, which called the delay a 'slippage in the order book'.
The four-engine A340 consumes more fuel than Boeing Co's rival offering, the twin-engine 777.
In 2005 Airbus received just 15 orders for the jet, compared to the 154 booked by Boeing for the 777, of which 42 were by Emirates.
Airbus is owned 80 pct by European Aeronautic Defence and Space Company NV (EADS) and 20 pct by BAE Systems |
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