CAAC yesterday "urged state-owned airlines to cancel or delay orders for new aircraft next year," according to China's official state news agency Xinhua, which estimated that Airbus and Boeing are slated to deliver a combined 180 aircraft to the nation's carriers in 2009. CAAC also pushed for airlines to return leased aircraft and ground or sell older planes "in an effort to keep carriers out of financial trouble during the current global economic crisis." It further stated that it would be ...

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