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Monday, May 20, 2013

Cancellation of Five Orders Piles Pressure on Residuals

The values of the B747-8 are expected to continue to suffer as the orderbook actually declines rather than increases. The cancellation of five B747-8I orders by DAE Capital, a not unexpected event, results in an orderbook of only 40 units for the relatively new aircraft of which 14 have been delivered. This...

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