Just about two weeks ago, Dubai-based Emirates airline and European airframer Airbus S.A.S. announced the cancellation of the 70 aircraft A350 XWB order, 50 A350-900 and 20 A350-1000 citing outcomes “as a result of a fleet requirements review.” While the cancellation was downplayed by Airbus as “not good news commercially” but “not bad news financially”, it is most definitely a …

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