Boeing has received no cancellations of aircraft orders from Chinese airlines, a senior executive said, although deliveries have been adjusted as carriers trim costs to cope with weak demand.
Chinese airlines have pursued cost-cutting initiatives due to weak business in international air travel that has pushed the country’s top three airlines into the red last year.
John Bruns, vice president for Boeing Commercial Airplanes, responsible for China operations, said, "We have no cancellations from Chinese airlines, only minor adjustments in deliveries."
Last month, an executive at the US plane manufacturer told Reuters that Chinese airlines were negotiating with the company to further delay taking delivery of 787 Dreamliner orders.
The LA Times ran a major story:
Dreamliner is causing nightmares for BoeingThe innovative plane is two years behind schedule and billions over budget.
The government of China has handed out cash aid to its ailing airlines and encouraged them to scrap or delay aircraft orders after the country’s air travel growth fell into single digits in 2008 for the first time in five years.
Reuters reported Boeing, the No. 2 plane maker behind Airbus, has also been struggling with a range of supply, manufacturing and design problems, made worse by a two-month strike at its Seattle-area plants last year.