Federal Express Cancels A380 Order UPDATE

It's also being reported today that according to Mr. Ring of Airbus, the remaining orders for the A380F are in "the cancellation zone" whatever that is.

Bloomberg is reporting this day that Federal Express has cancelled an order it had placed for the Airbus A380F freight version and ordered the Boeing 777 freighter instead. This is the first outright cancellation for the big Airbus and it could be the start of a rush toward the exits.

What's most interesting about this cancellation is that it is for freighters-which normally do not have the fancy bells and whistles that the passenger version might be expected to have. That sort of undercuts the "It's the wiring, stupid!" argument.

Stay tuned-it's only Tuesday.

Stay tuned-the week is young.