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Notable Airline, Hotel and Travel Industry News: August 23, 2012

Qantas canceled orders for 35 Boeing 787 Dreamliners, valued at $8.5 billion, amid the airline’s first full-year loss since it was privatized in 1995. Qantas isn’t giving up on the revolutionary aircraft, though, and still has options for 50 787-9s. Delta Air Lines seeks to upgrade its 5X weekly Detroit to Beijing service to daily…

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