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ATLANTA (AP) - UPS Inc., the world's largest shipping carrier, said Friday it will cancel its order for 10 Airbus A380 freighters, following delivery delays. The decision will leave the European aircraft manufacturer with no firm orders for its jumbo freighter.
The news follows an earlier decision by Memphis, Tenn.-based FedEx Corp. to cancel its order for the freight version of the A380.
Atlanta-based UPS said the final cancellation decision will be formally presented to Airbus on the first date specified under an agreement reached last week that gives either party the right to terminate the order.
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