Airbus has suffered another setback and learning that Etihad has cancelled seven more of their A350-1000 aircraft on order, which at list price run $2.3 billion in total. The carrier has now reduced it order, originally 25 were ordered but only 12 are left on order.
So far, Aribus has sold none of the carbon composite A350-1000 variant, the largest in this class and due to enter service in 2017. Despite Airbus marketing claiming its yet to fly airplane will deliver 25% savings in fuel burn, airlines increase orders with Boeing for its popular all metal 777.
The Boeing 777 is a 1990s metallic aircraft but dominates a category of its own with seating for 365 passengers in normal layout and a long range. Some A350 customers such as Qatar Airways and Dubai's Emirates have criticized the A350-1000 for failing to deliver a knock-out punch to Boeing's mini-jumbo.
Boeing is said to be considering a major redesign of the popular 777 with new engines and new wings.
Airbus took a total of 12 new orders in April, bringing its total for the year to 112. Adjusted for cancellations, net orders for the year to date stood at 95 passenger jets.
The EADS (EAD.PA) subsidiary delivered 183 aircraft in the January-April period, including five A380 superjumbos.
Boeing sold 444 aircraft between the start of the year and May 1, or a net total of 415 when adjusted for reductions that included a high-profile Chinese cancellation of 24 Dreamliners.