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Airbus fails to net an aircraft order for third straight month

Airbus is getting hit with deferments on orders, and that's hurting.
Paris: Airbus failed to secure any aircraft orders for a third month this year, as the collapse in global air travel battered demand for new jetliners
The manufacturer suffered one cancellation, bringing total net orders to 298 aircraft so far this year. The tally marks a worsening of the order crunch for Airbus, which has been working to avoid losing business by agreeing to defer deliveries as airlines seek to rein in capacity in anticipation of years of sluggish demand. The company handed over 36 aircraft in the month, an improvement on May's 24 deliveries. Boeing has also suffered far more pain overall, with 602 orders lost through May as the grounding of the Max for more than a year allows buyers to walk away without incurring penalties. Boeing's best-selling jet was banned from the skies in March 2019 after two deadly crashes. Airbus last week announced plans to cut 15,000 jobs at its jetliner arm after l…

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