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| Recommended FedEx cancels Aribus order, will buy 777s
07:33 AM PST on Tuesday, January 13, 2009
PARIS - FedEx has canceled an order for 10 Airbus super jumbo jets and ordered 15 777s from Boeing. The order is worth $3.5 billion Boeing at list prices.
FedEx also took options for 15 more Boeing 777s. The Airbus A380 has been delayed by production problems. Boeing says it can deliver four planes this year to FedEx.
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