CORRECTED - CORRECTED-Qantas says defers, cancels Boeing B787 orders

Thu Jun 25, 2009 11:46pm BST
 
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(Corrects figure in paragraph 2 to U.S. dollars, not Australian)

SYDNEY, June 26 (Reuters) - Australian airline Qantas Airways Ltd (QAN.AX) has cancelled orders for 15 Boeing Co (BA.N) B787-9 aircraft and deferred delivery of 15 B787-8 planes for four years, it said on Friday, citing the tough operating environment.

The airline said the action would reduce its capital expenditure by $3 billion.

 

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