Air Berlin, Germany’s second-largest airline has agreed with Boeing to ‘streamline’ its order book by cutting its order of 787 Dreamliners from 25 to 15 and to reduce the number of options from ten to five. Overall this could save Air Berlin US$1.7 billion. In addition nine Boeing 737 aircraft will be deferred from 2010 to 2015.

“With a partnership spirit we have mutually agreed with Boeing to adjust the order book to meet Air Berlin’s operational requirements and the market conditions. The agreement with Boeing demonstrates that Air Berlin believes in the future of the 787 aircraft – we look forward to the first delivery in November 2015,” said Ulf Hüttmeyer, Air Berlin’s CFO.