Boeing’s first 787 cancellation

Is it a signal of more to come?

Azerbaijan Airlines has canceled one of three 787-8 aircraft the airline has on order with Boeing. It’s the first 787 order cancellation Boeing has received. The  program is about two years behind schedule from supply chain delays and parts shortages. First flight is now slated for late 2008.

Azerbaijan Airlines still has two 787s on order. Boeing and Azerbaijan Airlines announced Thursday that the airline is buying two 737-900ER aircraft and two 767-300ER aircraft valued at $449 million.  In the announcement, it said that one of the 767s is a substitute for the canceled 787.