The 65 737-700s were not cancelled. They were converted to 4 737-800s (the last of which we received this month) and 61 737-9 MAXs which all pay the higher 800/900 pay rate and increase the blended rate instead of lowering it as the 700s would have done. (This was along with converting the existing 100 737-9 MAX orders to 100 737-10 MAX)

Long term, the larger, and more efficient, MAX orders make more sense than the small, older, NGs. We just have to wait a bit longer for them.