Archive for June 2015
Airbus Plans To Increase A350 Production Rate To 13 Per Month
Airbus is looking at increasing production rates for the A350 beyond the current goal of 10 aircraft per month. Following first delivery to Qatar Airways at the end of 2014, Airbus is due to deliver 15 A350s this year, and Klaus Richter, Airbus Executive Vice President-Procurement, says that “we will achieve that.” The effort to…
Read MoreAIRSHOW-Korean Air orders Airbus, Boeing narrow-body jets worth $6.9 bln
Korean Air split a $6.9 billion order for narrow-body jets between rival planemakers Airbus and Boeing at the Paris air show on Tuesday as it looks to renew its fleet with more fuel-efficient aircraft. Korean Air unveiled a firm order worth $3.7 billion at list prices for 30 Airbus A321neo planes, the first time the…
Read MoreParis Air Show: Boeing Gets 100-Plane Order
Boeing landed the biggest order so far of the Paris Air Show with a deal Tuesday for 100 of its 737s — the single-aisle jets that Boeing’s CEO calls “the heart of the market” in the years to come. Boeing and European rival Airbus are racking up sales at the air show in the Le…
Read MoreAirbus Outpaces Boeing at Paris Air Show
Airbus Group SE booked $57 billion worth of deals at this year’s Paris Air Show as it struck commitments for 421 planes, outpacing Boeing Co. ’s intake of 331 jets worth $50.2 billion, according to order tallies from the world’s leading makers of jet planes. “This is higher than I personally expected,” said Fabrice Brégier,…
Read MoreEmirates Airlines dangling 100-airplane order in front of Boeing, Airbus
Even as Boeing Co. is set to release its latest outlook for commercial airplane demand Thursday, a tug-of-war with competitor Airbus over what could be one of either manufacturers’ largest orders is playing out in the aerospace industry press. Dubai-based Emirates Airline is in the market for between 70 and 100 wide-body planes to replace…
Read MoreAirbus Sees Stronger Long-Term Aircraft Demand
Airbus Group SE’s jetliner boss Fabrice Brégier said the European plane maker is poised to increase its outlook for aircraft deliveries over the next two decades, following rival Boeing Co. which has also raised its forecast. Airbus’s new forecast, slated for release on Monday at the first day of the Paris Air Show, will show…
Read MoreAirbus to Decide on A380 Revamp This Year
Planemaker Airbus will decide around the end of 2015 on how to revamp its A380 super jumbo and is on track for its 2015 targets, Chief Executive Thomas Enders was quoted saying by German business weekly WirtschaftsWoche. “The board of directors will certainly need until the end of the year to form a comprehensive overview…
Read MoreQatar orders 14 Boeing 777s as Paris Air Show opens
Boeing says Qatar Airways is buying 14 new 777 passenger and freighter jets worth up to $4.8 billion, as industry professionals gather at the Paris Air Show. The U.S. plane maker announced Monday that Qatar Airways ordered 10 of the 777-8X jets — a more fuel-efficient model of the 777 — and four 777 freighter…
Read MoreBoeing looking closely at an all-new jet for 2025
Boeing is moving forward with a study of an all-new commercial jet that would enter service in the middle of the next decade, sales chief John Wojick said in an interview ahead of the Paris Air Show. In the past year, Wojick’s sales team has had detailed discussions with airline customers and has determined that…
Read MoreBoeing ups jet demand forecast; no hurry on 757 successor
Boeing Co boosted its 20-year forecast for aircraft demand by 3.5 percent on Thursday, predicting two out of every five new jets will feed Asia’s booming travel market. The U.S. planemaker expects airlines and freight firms to take delivery of 38,050 jets worth $5.6 trillion by 2034, compared with 36,770 it predicted last year. Boeing’s…
Read MoreBoeing: World will need 38,050 new planes in next 20 years
The world’s airlines will need 38,050 new airplanes during the next two decades, Boeing said Thursday in its annual market forecast. That’s an increase of 3.5% from last year’s forecast. Boeing pegs the value of those 38,050 aircraft at about $5.6 trillion. “The commercial airplane market continues to be strong and resilient,” Randy Tinseth, vice…
Read MoreAirbus, Boeing Under Pressure to Sell Older Jets at Air Show
As Boeing Co. and Airbus Group SE ramp up production of a handful of new jetliners, both are facing the challenge of selling older planes to sustain cash flow and profits until the new models start reaching customers. On Monday, the Paris Air Show, the aerospace industry’s oldest and largest sales extravaganza for new and…
Read MoreAhead of air show, Boeing, Airbus race to churn out planes
At next week’s Paris Air Show, new jet orders will be trumpeted and the latest aircraft will fly overhead as crowds of aviation-industry insiders watch from the outside decks of corporate hospitality suites. Yet for both Boeing and archrival Airbus, the main focus right now is back home at their factories. In Paris, their prime…
Read MoreWorld will need $5.6 trillion in aircraft over next 20 years; freighters, including 747, get boost
The global aircraft market will need 38,000 jets worth $5.6 trillion in the next 20 years. Of that, 38 percent of the demand will come from Asia and just 21 percent from North America. This is a key result of the Boeing Current Market Forecast, issued early Thursday morning by Boeing. “We see a strong…
Read MoreBombardier CSeries jet to make public debut at Paris airshow
Bombardier is sending its new CSeries commercial jets on their maiden overseas voyage next week to generate buzz at the world’s largest air show and help turn the page on the aircraft’s disappointing launch. For the first time, the public will get a close view of the US$63-million CS100 and larger CS300 aircraft that has…
Read MoreCan Boeing Capitalize on Airbus Weakness Ahead of Paris Air Show?
On Monday, the first day of the biennial Paris Air Show, Airbus is expected to release its long-term forecast for the airliner market. At a preshow meeting in Paris, Airbus CEO Fabrice Brégier said the forecast will show that demand for new planes will total 32,600. On Thursday, Boeing Co. published its 20-year forecast indicating…
Read MoreAirbus Sees Heathrow Gridlock Spurring Sales of A380 Superjumbo
Congestion at major airports like London’s Heathrow may be good news for Airbus Group SE. The planemaker expects rising numbers of passengers at hub airports to spur sales of its A380 superjumbo jet, which has seen demand slow because its size limits service on most routes. “Demand will widen progressively” as carriers seek to make…
Read MoreDelta to buy 40 Boeing 737 jets, 20 Embraer aircraft in $4 billion deal
Delta Air Lines Inc. will enter into a deal with The Boeing Co. to buy 40 new 737-900ERs and 20 Embraer E190 aircraft upon ratification of a tentative agreement covering more than 12,000 Delta pilots. The planes are valued at about $4 billion at list prices, according to Bloomberg. The tentative union agreement, which was…
Read MoreBoeing prepares to create moving assembly line for 787 Dreamliner
Boeing wants to change 787 Dreamliner assembly in Everett to a continuously moving production line, despite many challenges. The shift would bring more efficiency and lower cost to Dreamliner assembly. But a mistake could create the kind of 787 production stumble that Boeing executives want left far behind them. Right now the carbon composite aircraft…
Read MoreAirbus and Boeing May 2015 O&D roundup
Airbus logged orders from five customers for a combined total of 17 commercial aircraft in May. Rival Boeing confirmed orders from four customers, three of whom were unidentified, for a total of 10 commercial aircraft. Additionally, Boeing posted an order from an unidentified private/VIP customer for a 737 MAX, and Airbus logged the first order…
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