Air Berlin has cancelled its order for 18 787s and 15 737s, worth $5bn. The termination agreement for these 33 aircraft does not include any compensation to Boeing from airberlin group, the airline confirmed. Air Berlin commented that the move represents a further important step in the gradual harmonisation of the airline’s narrow-body fleet. “Not taking on the 33 aircraft ordered will significantly reduce future capital expenditure for airberlin and improve our balance sheet,” said Ulf Hüttmeyer, Chief Financial Officer at Air Berlin. “Our collaboration with Boeing has always been excellent, and this will remain so. 45 Boeing 737 NG

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In