File - An Airbus A350-900 (R) arrives for the ILA Berlin Air Show in Selchow near Schoenefeld south of Berlin in this May 19, 2014. REUTERS/Tobias Schwarz
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Airbus Group NV suffered its biggest-ever order cancelation as Gulf airline Emirates scrapped a deal for A350 planes valued at $16 billion, hurting efforts to break Boeing Co.'s dominance in wide-body aircraft.Emirates will drop orders for 50 A350-900s and 20 larger-1000s, Airbus said Wednesday. The deal was struck in 2007 and the planes were due for delivery from 2019, shortly before Boeing's new 777X, for which the Dubai-based airline is the No. 1 buyer. Customers are largely purchasing two-engine wide-bodies that are more efficient than the larger superjumbos, with both Airbus and Boeing struggling to add customers for their largest jets.While the planemaker would like to have Emirates as an A350 buyer, airlines are "hungry" for planes of that size and it should "pick up business elsewhere," Strickland said.The A350 will enter commercial service with Qatar Airways, which remains the biggest buyer of the twin-jet that's largely made of light composite materials. The airliner comes in three sizes – including the -800 with about 260 seats – and competes both with the Boeing 777 and the smaller 787 Dreamliner.
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