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 ...
"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.