Gulf Air downgrades Airbus, Boeing orders

Gulf Air A320. Courtesy, Airbus Gulf Air (GF) has renegotiated its 2008 orders covering 20 Airbus A330s and 24 Boeing 787s, agreeing instead to take up to 24 A320s and a maximum of 16 787s (ATW Daily News, April 17, 2009). The Bahraini government recently approved a BD185million ($494 million) cash...

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