It’s a familiar American airline story. Delta Air Lines went through it, so did United Airlines. Now it is Fort Worth, Texas-based American Airlines’ turn to carry the can. But for American this time, it never rains but pours. Parent AMR Corporation is operating under Chapter 11 bankruptcy protection. A take-over by the fifth-largest US carrier US Airways is on the cards, while American waits out for a better deal. …Read More
Boeing 737 MAX ups the ante in dogfight with A320neo
At last year’s Paris Air Show, there were blue skies and the airline industry managed to stay relatively healthy despite soaring oil prices and an anaemic global economic recovery, with a year-end industry-wide profit of US$7.9 billion, according to Geneva-based industry body International Air Transport Association (IATA). Fast forward 12 months and the global economy was in a very different shape. Having gone through the fear of contagion in the …Read More
The showdown in re-engined narrowbody battle begins
As the global economy takes a turn for the worse with weakening passenger yields and a cargo doldrum significantly hurting airlines’ bottom line, there is little visibility beyond the runway, let alone leaping into the unknown by spending billions of dollars on hundreds of shiny new metals that are not going to be delivered five to six years from now, if not longer. It is against this backdrop that the …Read More
Boeing 737 MAX dual-feather winglet teleconference highlights
Beverly Wyse, Boeing 737 programme vice president (VP) & general manager (GM) - This kind of improvement is consistent with our demonstrated performance on delivering increasing value to our customers on-time throughout the life of the programme. - Since entry into service on the 737, we continue to improve the Next-Generation aircraft for our customers, including anything like carbon brakes and the passenger-preferred Boeing Sky Interior. - We also continue …Read More
Boeing posts strong 2012 first-quarter results
Chicago-based Boeing, the world’s largest aerospace company, posted an exceptionally strong first-quarter results which beat Wall Street analysts’ forecast and saw its net income for the quarter soaring by a staggering 58% from US$586 million a year ago to US$923 million this year. The better-than-expected results came as the company recorded a US$0.11 per share positive impact from the release of a litigation reserve, a remarkable quarterly performance from its …Read More
2012 a bright year for Boeing
- Boeing posts robust quarterly & yearly results – 737 MAX to enjoy strong sales in 2012 – 737 MAX configuration continues to evolve – Pent-up demand for 787 & 747-8 may be realised this year – 787 production ramp-up key focus of the year – Aspire Aviation changing estimate of 787-10X launch timing from 2012 to 2014 – 777X likely to be launched in 2013, eyed EIS in 2019 …Read More
Boeing 737 MAX sees a bright year ahead (Update1)
After witnessing an unprecedented order influx at its transatlantic arch-rival’s re-engined Airbus A320neo (new engine option) aircraft which garnered 1,196 firm orders only one year since its launch in December 2010, Chicago-based aircraft manufacturer Boeing looks set to enjoy a similar orders bonanza for its re-engined 737 MAX aircraft in 2012 as it received a staggering US$19 billion firm order for 150 737 MAX and 58 additional 737 NG (next-generation) …Read More
Boeing posts stellar 2011 third-quarter profit amid 787 & 747-8 concerns
- Boeing cash flow plummets as 787 inventory builds up – Boeing 787 block size in line with analysts’ forecasts – Boeing says 787 has a steeper learning curve than consensus – 787-10X to be launched in 2012: sources – 747-8I Intercontinental completes all flight tests – Boeing leans towards 68 inches for 737 MAX engine fan size: sources Chicago-based Boeing, the world’s largest integrated aerospace company, has posted a …Read More