October’s news that China Eastern was cancelling its order for 24 Boeing 787s and instead ordering 15 A330s likely did not come as any surprise to Boeing. Surprise or not, however, it was a sobering moment. China Eastern softened the blow with an order for 45 737s, but for all its talk of a weakening economy, the carrier still clearly anticipates a need for extra long-haul capacity or it would not have required the A330s. Boeing executives—and Wall Street—expect ...

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