The Royal Bank of Scotland's RBS Aviation Capital subsidiary is the customer that canceled its order for 25 787s, Airbus Executive VP-Programs Tom Williams confirmed to ATWOnline in Hamburg. Boeing revealed the cancellation on its Orders and Deliveries website for the week ended May 5 (ATWOnline, May 8). RBS was hit hard by the financial crisis and the UK government has taken a majority stake as part of its bailout effort. Williams said the 787 cancellation was not a reflection of either ...
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