United Airlines confirmed to Reuters and Bloomberg that it is "highly unlikely" to take delivery of 42 A319s/A320s it has on order. UA said it recorded a $91 million charge in the second quarter to cover a deposit to Airbus that it will have to forfeit if and when it officially cancels the order.

Subscribe to Access this Entire Article

"Other News - 08/07/2008" 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.

Already registered? here.