AIRCRAFT MAKERS COULD LOSE ORDERS.Byline: Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Asian airlines Asian Airlines (Asian Airlines Helicopter) was an airline based in Nepal. Incidents and accidents In 2002 a helicopter belonging to Asian Airlines vanished while heading for the Lukla region with 10 members of a French mountaineering expedition. are delaying deliveries of new planes and some are on the brink of canceling orders, Boeing said Thursday in issuing a market forecast that shows the aircraft maker could lose about 90 orders over the next five years because of the Asian financial crisis. For all commercial jet manufacturers, Asia's troubles will result in about 150 lost orders between now and 2003, the report says. Boeing traditionally has about 60 percent of the global jetliner market. Some Asian airlines have delayed deliveries delayed delivery Delivery of a certificate after the day on which delivery would occur with a regular-way contract. Delayed delivery is sometimes specified by the seller when the order to sell is entered. See also seller's option contract. of planes, but none so far has canceled any orders, said Bruce Dennis, vice president of marketing for Boeing Commercial Airplane airplane, aeroplane, or aircraft, heavier-than-air vehicle, mechanically driven and fitted with fixed wings that support it in flight through the dynamic action of the air. Group. However, ``there are one or two of them that are on the ropes. So stay tuned,'' he said in a conference call. |
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