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Delta Delays US$5 Billion of Jet Deliveries, A Blow to Airbus - Including 64 A220 (CSeries) Made In USA

Delta Air Lines Inc. is delaying $5 billion in aircraft deliveries until after 2022, dealing a blow to Airbus SE as the U.S. carrier braces for years of weak travel demand. The deferral agreement includes about $2 billion in planes that were scheduled to be handed over this year, Delta said in a statement Tuesday as it reported worse-than-expected quarterly results. ( More...

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