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Dreamliner Order Trimmed by Qantas

Stock quotes in this article: BA  

Qantas said it has reached agreement with Boeing(BA Quote) to cancel 15 orders for the 787 and to defer 15 more.

The changes are not related to this week's announcement of another delay in the program, said Qantas CEO Alan Joyce, in a prepared statement.

"Qantas announced its original B787 order in December 2005, and the operating environment for the world's airlines has clearly changed dramatically since then," Joyce said. "The agreement we have reached with Boeing will provide greater certainty going forward in terms of our fleet renewal and growth strategies." ...

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