The a350-1000 which we are set to receive in 2018 post some pretty competitive numbers. I believe they were looking at new markets in china as well as the old 747 routes. It doesn't carry the same amount of cargo or passengers but the fuel burn and reduced maintenance make up for it. With China slowing down and our new president, I could see them rethinking our long term planning. A new 777 order could have very easily been squashed the same as the 737 order.
I think the hedge fund seats on the board are forcing us to be a short term thinking company. They want capital expenditures down to drive the stock up. They sell when the stock peaks and we are left with an airline that hasn't invested in new markets or grown to fight competition.