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Boeing orders worth $2.8bn cancelled by DAE
Dubai Aerospace Enterprise (DAE) cancelled US$2.8 billion (Dh10.29bn) worth of aircraft orders at Boeing as the company continued dramatically scaling down its leasing business. According to estimates from the aircraft valuation company Avitas, the true value of the planes would be about $1.6bn after standard industry discounts. The cancellations of 35 single-aisle […]