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UPS begins talks with Boeing for possible order
www.chinaview.cn 2007-03-04 10:52:24
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    WASHINGTON, March 3 (Xinhua) -- United Parcel Service Inc. has begun talks with Boeing Co. for a possible deal after the company canceled its order for 10 Airbus A380 super jumbo freighters, The Wall Street Journal reported on Saturday.

    UPS declined to specify which models it is considering, and a Boeing spokesman declined to comment. But people familiar with the talks said UPS is eyeing Boeing's planned 747-8 jumbo jet, said the report.

    UPS's commitment to the A380 freighter had been uncertain because it was the only remaining customer out of four initial buyers, and the delivery date of its order recently slipped to 2012 from 2009.

    The shipping company terminated its order this week, which had a catalogue value of roughly 3 billion dollars. The Airbus has said in a statement that it was "disappointed" by UPS's decision, but adding the move would free up Airbus to focus on the more important passenger version of the two-deck plane.

    Related:

    UPS to cancel orders for 10 Airbus A380s

    WASHINGTON, March 2 (Xinhua) -- UPS Inc., the world's largest shipping carrier, announced Friday its intention to cancel later this year its order for 10 Airbus A380 freighters.

    "The final cancellation decision will be formally presented to Airbus on the first date specified under an agreement reached last week that gives either party the right to terminate the order," said UPS, also known as United Parcel Service, in a press release.

    Last week's agreement specified a revised delivery schedule that delayed UPS's first A380 jumbo freighter from 2010 to 2012. UPS originally expected its first freighter in 2009.

    UPS revises A380 order agreement with

    WASHINGTON, Feb. 23 (Xinhua) -- U.S. package-delivery giant UPS has signed an agreement with Airbus that sets out a timetable for deciding the status of UPS's order for the freighter version of the A380, UPS said on Friday in a statement.

    The agreement specifies changed delivery dates for the A380F and provides for possible termination of the original purchase agreement by either party later in 2007, according to the statement.

Editor: Feng Tao
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