Airbus sees 12 January cancellations; Udvar-Hazy projects major production cuts
Airbus revealed Friday that it had 12 order cancellations in January while booking just four orders, and ILFC Chairman and CEO Steven Udvar-Hazy projected that both Airbus and Boeing will cut production over the next two years by as much as 30%-35%. Airbus currently plans to produce close to 500...
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