PAUL LEWIS / WASHINGTON DC

Manufacturer responds to cancellations and delivery deferrals by working with customers to place unwanted aircraft

Boeing is forging joint marketing agreements with key customer airlines to place surplus aircraft, as the number of order cancellations and delivery deferrals continues to mount in the face of a severe downturn in traffic and revenue.

Continental Airlines and Delta Air Lines are negotiating with Boeing to defer delivery of more than 70 aircraft out of almost 170 that remain on order and are due for delivery between 2002 and 2005.

This follows United Airlines’ announcement that it has pushed back delivery of 43 predominantly Airbus aircraft by between two and four years.

American Airlines has already said it is deferring 36 aircraft, comprising 28 Boeing 737-800s, five 767s, two 777s and one 757.

Delta is understood to be negotiating to defer delivery of 18 737-800s, five 767-400s and one 777-

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