That’s a shame to hear. I must admit though that I never quite understood this order. They already have a young fleet and their cash reserves are not that impressive.

IMHO it was mainly a ploy to force concessions from their employee groups, especially the pilots. AC put in the order knowing that they couldn’t realisticly support the order without concessions. Even without the order AC needed concessions to stay competitive as well as balance their books a bit better. Prior to the order AC had little leverage against their employee groups/pilots. The Boeing order gave them that leverage but the pilots didn’t bite the bait. With the failed concessions the order served little purpose for their future especially since it would only hurt their fragile financial situation so they cancelled the order. CO used the same tactics with their pilots but it worked for them so the 787 order stayed.