Singapore Airlines has placed an order for 30 more A350-900s and 30 B787-10Xs in deals valued at more than US$17 billion. The agreement with Airbus comprises 30 firm-ordered A350-900s for deliveryfrom the 2016/17 financial year, plus options for 20 more. The options may be converted into firm orders for larger A350-1000s, the carrier added. The agreement with Boeing comprises 30 firm-ordered B787-10Xs for delivery from the 2018/19 financial year, but is conditional upon Boeing formally launching … [Read more...] about SIA places US$17 billion Airbus/Boeing order
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Airbus, ST Aero in talks on A330 conversion
Airbus, ST Aero in talks on A330 conversion Airbus and Singapore Technologies Aerospace Ltd (ST Aero) are in discussions over a deal for conversion of A330 widebody passenger aircraft into freighters. “We’re talking to them about it,” Airbus chief operating officer John Leahy said at the Dubai Air Show, according to a Bloomberg report. Leahy’s comments follow those of Qatar Airways CEO Akbar Al Baker earlier this year when he said the carrier planned to convert 15 … [Read more...] about Airbus, ST Aero in talks on A330 conversion
Boeing revises global demand outlook upward
Speaking at the Farnborough International Airshow, Boeing Commercial Airplanes president and CEO Jim Albaugh said the company is working hard to stay ahead of the competition as the market begins to rebound. Albaugh said that despite some continued uncertainties, Boeing's overall view of the market is becoming more positive as the world regains its economic footing. "The market is clearly coming back and I feel very confident about how we are positioned to regain — and retain … [Read more...] about Boeing revises global demand outlook upward
Boeing should replace 777 not 737: Analyst
Boeing’s top priority should be replacing its 777 widebody jet, not the 737 narrowbody, according to J.P. Morgan analyst Joseph Nadol who warned that Airbus’s new A350XWB widebody family, which is scheduled to enter service in 2015, already is eating into 777 sales. Nadol notes that 777 backlog peaked more than two years ago and now totals just 3.2 years' worth of production, compared with nearly five years' worth of production in the 737 backlog. “Boeing still needs … [Read more...] about Boeing should replace 777 not 737: Analyst
Aeroflot scolded for not buying ‘Made-in-Russia’
Prime Minister Vladimir Putin reprimanded Aeroflot recently for not purchasing enough Russian-made planes, telling the state-run carrier's CEO, Vitaly Savelyev that growing profits and dividends were not its only concern. The airline recently announced plans to purchase a combined 44 planes from Boeing and Airbus, compared with 30 of Sukhoi's regional SuperJet, starting in 2016. This includes a recent Board of Directors approval to purchase 11 Airbus A330-300s with delivery in 2011-2013. … [Read more...] about Aeroflot scolded for not buying ‘Made-in-Russia’
Emirates marches on with $9B in new orders
Dubai's Emirates Airline has placed an order with Boeing for an additional 30 777-300ER aircraft, worth approximately US$9.1 billion at list prices. The new order adds to the fleet of 71 777-300ERs previously ordered, of which 53 aircraft are currently in service. The 777-300ER offers an additional cargo payload of 20.1 tonnes. The order adds to an already substantial order book that is set to soon place Emirates as the largest airline in the world by fleet size. In addition to the order placed … [Read more...] about Emirates marches on with $9B in new orders