China Development Bank (CDB) Financial Leasing said it had agreed with Boeing to cancel the purchase of 29 undelivered 737 MAX jets, the latest end user to cancel a contract for the grounded airplane. “In light of evolving aviation market dynamics, we’ve been working together with Boeing over many months to re-calibrate our MAX orderbook to be in line with our long-term view of the market and related opportunities,” Xuedong Wang, chairman of CDB Financial unit CDB Aviation, said in a statement. The lessor said it retained an order for another 70 of the planes that also have yet to
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