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January 10, 2013

Romania’s Blue Air Cancels Boeing 737 Order

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Blue Air Boeing 737-400 (YR-BAE) spotted in Stuttgart, Germany in 2008. (Photo by Andrei Dimofte via wikimedia, CC-BY)

Blue Air has announced an agreement with Boeing to cancel its order for five 737 aircraft worth $462.2 million.

The Romanian low-cost carrier cited financial difficulties of one of its major shareholders, Romstrade SRL, as the reason for the cancelation.

Blue Air ordered the planes—two 737-900ERs and three 737-800s—in separate 2008 deals, and anticipated delivery in 2015 and 2016. Current operations will not be affected, the airline said.

Based in Bucharest, Blue Air currently operates a fleet of eight Boeing 737-300s, -400s and -500s. The planes have an average age of just over 20 years.

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