Toulouse - Etihad Airways reduces the number of aircraft ordered from Boeing and Airbus as part of its restructuring plan.
Financially distressed Gulf carrier Etihad Airways agrees with Airbus and Boeing to cancel some of its aircraft orders. The delivery of 42 A350-900s will not take place, leaving the A350 order book of the company for 20 Airbus A350-1000.
At the Boeing side, an unknown number of 787 Dreamliners was dropped.
Etihad placed large orders for new generation widebodies of Airbus and Boeing several years ago to better compete with other major Gulf carriers Emirates and Qatar Airways.
But, they do not seem necessary now, especially since Etihad is not in a good position financially.
In addition to A350s and the 787s, the airline has remaining orders for the A320neo family single-aisles and Boeing 777.