Daily Business News
Thursday, November 09, 2006
  FedEx cancels Airbus A380 order switches to Boeing (Reuters)

A Boeing 777-200LR (longer range) Worldliner jet taxis at Heathrow airport in London after setting an endurance record for a non-stop commercial flight November 10 2005. FedEx Express a unit of FedEx Corp. on Tuesday said it agreed to buy 15 Boeing Co. 777 freighter aircraft and canceled its order for 10 Airbus A380-800F aircraft due to delays in delivery. (Paul Hackett/Reuters)Reuters - European plane maker Airbus which has faced a series of production delays on its high-profile A380 superjumbo program suffered a major blow on Tuesday when FedEx Corp. canceled a roughly $2.5 billion order and switched to rival Boeing Co.


 
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