Qantas Airways (QA) announced Wednesday that they have cancelled their order for 35 Boeing 787-9 Dreamliners.
The announcement comes on the heels of the airlines’ announcement that they posted a $256 million loss for the year ended June 30.
“The B787 is an excellent aircraft and remains an important part of our future,” Qantas Chief Executive Alan Joyce said in a statement. “However, circumstances have changed significantly since our order several years ago.”
The airline said they will still retain purchase rights to 50 787s in the future. That would see the Australian airline start taking delivery of the jets in 2016.
Qantas still has an order for 15 of the original Dreamliner model, the 787-8. Those planes are slated to go to Jetstar, which is Qantas’ subsidiary carrier that will fly Asian regional routes.
QA also deferred delivery of two Airbus A380 Superjumbo jets by three and four years.
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