Archive for February 2016
Iran Says Laggard Boeing Can Still Win Orders After Airbus Deal
Iran Air said it’s open to buying aircraft from Boeing Co. even after ordering 118 jetliners worth $27 billion from competing planemaker Airbus Group SE as soon as international sanctions were removed last month. Boeing is “lagging behind a bit” and might have acted faster given that the U.S. Treasury, which plays a key role…
Read MoreAirbus, Boeing announce $3B in airplane deals at Singapore Airshow
Airbus and Boeing announced modest aircraft orders at the Singapore Airshow on Wednesday that indicated a lull in demand for the big manufacturers after the 2014 show hauled in more than $30 billion of deals. Airbus announced an order for six A350-900s, valued at $1.8 billion at list prices from Philippine Airlines. Boeing announced a deal for…
Read MoreEmbraer Sees Big Opportunity for Small Airliners in Asia
Despite deep market penetration that the world’s commercial aircraft manufacturers have already achieved in Asia, several untapped opportunities remain, particularly in the segment covering large regional jets and small narrowbodies. This is the message from Brazil’s Embraer; market studies produced by the manufacturer show that 70- to 130-seat jets would be better in 30 percent…
Read MoreJapan Wants to Build Boeing’s Next-Gen Commercial Plane, successor to 737 Max series
When it comes to commercial airplane sales, Airbus has been eating Boeing’s lunch lately. But according to a report Friday in the Nikkei Asian Review, a trio of Japanese conglomerates wants to ride to the rescue, with a revenue and risk sharing plan to help the Seattle-based company build the successor to Boeing’s 737 Max…
Read MoreChina’s Answer To Boeing (Comac) Loses Shine
The country’s state-owned Comac is struggling with delays as the Singapore Airshow begins. There was a time not too long ago when a Chinese airplane manufacturer could capture the attention of this week’s Singapore Air Show like a homecoming queen strolling past the football team. The aviation world’s hopes, fears, and ultimate curiosity six years…
Read MoreNo sign of Asia crisis in airplane orders
Boeing is expecting strong aircraft orders from Asia over the next 20 years, with few order deferrals on the horizon, according to the aircraft manufacturer’s Asian chief. However, rather than place large orders of a 100 or more planes at a time, most carriers in the region have been requesting 40 or fewer or seeking…
Read MoreBoeing eyes more SIA orders despite losing October deal to Airbus
Boeing may have lost the last Singapore Airlines (SIA) deal to its European rival Airbus but the game is not over yet, said a senior executive at the American plane-maker. In October, Airbus scored a major coup when SIA said it would be the launch customer for a new ultra-long-range variant of the A-350, which…
Read MoreDark skies ahead for Bombardier’s new CSeries jetliner
With sales of its new CSeries jetliner failing to take off and a sinking share price, despite a multi-billion dollar government cash injection, the horizon is darkening for Bombardier. Suddenly, the Canadian manufacturer’s dream – going head to head with the workhorses of the aviation market, the Airbus A320 and Boeing 737, in its first…
Read MoreBoeing sees new aircraft demand worth $550 billion in Southeast Asia over 20 years
Southeast Asia requires 3,750 new aircraft worth $550 billion in 20 years from 2015, a senior Boeing executive told a press conference ahead of the Singapore Airshow that starts on Tuesday. Of this, 76 percent will be for single-aisle aircraft like the Boeing 737 and Airbus A320, said Dinesh Keskar, senior vice-president for Asia Pacific…
Read MorePhilippine Air nears deal to acquire Airbus A350s
Philippine Airlines Inc is close to announcing a deal to secure about half a dozen wide-body Airbus jets to serve U.S. and Europe long-haul flights, several people familiar with the matter said. The deal for Airbus A350-900 jets, likely to be announced at this week’s Singapore Airshow, would be valued around $1.8 billion at list…
Read MoreAirbus A320neo’s engine problems to be solved by April: Pratt CEO
Any technical problems with the engines of Airbus’s A320neo jetliner should be solved in the coming weeks, the head of engine manufacturer Pratt & Whitney said. “By April, most of that will be solved,” Robert Leduc said at a ceremony at which German flagship carrier Lufthansa took delivery of the first A320neo. Lufthansa stepped up…
Read MoreBoeing sees sunny skies for airlines
Things are looking up for the commercial airline industry – at least according to the Boeing Co.’s annual forecast. “As we look at 2016, we see another good year,” Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, told industry executives here today at the Pacific Northwest Aerospace Alliance’s annual conference. The trends that…
Read MoreOrders of shorter-range planes expected to take off at Singapore Airshow
The economic outlook may be cloudy, but participants at next week’s Singapore Airshow expect many deals, with orders for shorter-range planes and maintenance contracts among the highlights. Singapore Airshow 2014 saw the announcement of deals worth US$32 billion, as aircraft makers such as Airbus unveiled multi-billion dollar orders. This time around, organiser Experia Events is…
Read MoreAirbus’ Home for U.S. A320 Production
Airbus’s U.S. Manufacturing Facility in Mobile, Alabama, opened last September, could augur well for increased production in Southeast Asia. A320-family airliners are already assembled in Tianjin, China. The U.S. facility rounds out the manufacturer’s production strategy for its high-selling A320 family of aircraft:“building close to its customers.” Airbus expects all aircraft built on the new…
Read MoreAirbus Delays Some A320neo Deliveries
Airbus is renegotiating delivery schedules for its revamped A320neo jet and has told some airlines it will be delayed by about two months, industry sources said. The European planemaker missed a 2015 target for delivering the first aircraft, an upgraded fuel-saving version of its best-selling medium-haul jet, by a few weeks due to what it…
Read MoreWhy Bombardier Is Struggling to Build Bigger Planes
Pierre Beaudoin was just 40 days into his job as head of Bombardier Inc. in 2008 when he signed off on the biggest undertaking in the company’s history—a family of transcontinental jets that would compete directly with giants Boeing Co. and Airbus Group SE. What he lacked in engineering experience, the third-generation scion of Bombardier…
Read MoreBoeing talking to airlines about a larger 737 Max for midsize market
Boeing is studying ways to stretch its newest aircraft, the 737 MAX, in order to reach a part of the jetliner market for which the planemaker has no product offering. The company is in talks with customers about a larger version of the plane with redesigned wings and taller landing gear, Greg Smith, executive vice…
Read MoreUnited Technologies Could Fly High With New Airbus A320neo Engine Offering
Late last month, Airbus announced with some measure of pride that it had delivered to Lufthansa Group its first new model A320neo upgraded single-aisle commercial airplane. This is the first of thousands of A320neos, for which Airbus has booked firm orders, to actually be built and delivered to a customer. It’s important news for Airbus,…
Read MoreIs The Airbus A380 Coming Of Age?
On the surface, the 75% slump in oil prices since July 2014 has enabled Airbus Group SE to improve the relative competitiveness of its A380 superjumbo, while postponing the service entry date of an upgrade including equipping the people-mover with a next-generation engine to as late as 2024 or 2025. Yet, the broader implications of…
Read MoreBoeing to Build Aerospace Capacity in India
Boeing’s investment in India will go beyond money. The US aircraft manufacturer is also looking to invest in capabilities, infrastructure, and partnerships to enable aerospace to be an economic growth engine, Dennis A Muilenburg, president and CEO, Boeing, tells HT in an interview. Edited excerpts. On the Make in India initiative Boeing is engaged in…
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