A majority state-owned Dubai aircraft leasing company has cancelled Airbus orders worth $4.7 billion at current list prices, weeks after cancelling Boeing orders worth $2 billion, Airbus order data showed on Thursday.
Dubai Aerospace Enterprise's leasing unit DAE Capital cancelled orders for 18 A320 single-aisle jets and 12 A350-900 wide-body aircraft, helping to push the European plane manufacturer into a negative net order position for 2011.
Libyan airline Afriqiyah Airways also cancelled three A320 aircraft but appeared to have converted these into new orders for the slightly larger A321 plane, according to monthly statistics issued by Airbus on Thursday.
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