In the first order, JAL and Mitsubishi Aircraft Corporation signed an LOI for 32 Mitsubishi Regional Jet (MRJ) aircraft, as the next-generation regional jet for the JAL Group. Although the presser does not state the model ordered, our understanding is the MRJ90 is favored. That said, the aircraft are due in 2021 and will be operated by J-Air. So there is no pressure on model selection yet. The MRJ is expected to enter service in 2017. The launch customer for the MRJ is JAL’s arch rival, ANA.
Also announced today was a firm order with Embraer for a total of 15 E-Jets comprising the E170 and the E190 models, as well as an additional twelve E-Jets family options. These are also to be operated by J-Air. … Continue reading
The growing impact of Western sanctions on Russia may actually help IRKUT. Take a look at this story.
The MC-21 is, in our view, an aircraft with a lot of promise. The size and layout of the aircraft seems right to us. But having seen the same mockup for years now at air shows and not hearing any news about progress is frustrating. First flight is planned for next year or perhaps the year after that.
With 257 orders and 84 options, the aircraft is not without a following. The customer base is Russian for now. The aircraft will offer the GTF which should make it a compelling option in 180-220 seat market; right in the 757 sweet-spot.
But project progress seems agonizingly slow. As the Moscow Times story states, Russian aerospace has been suffering from underinvestment. This is a… Continue reading
We published a premium story today on the timing of the A380′s launch. The timing of the A380 launch was driven by many factors and certainly one of the principal factors was competing with Boeing’s 747 and its monopoly of the VLA segment of its era.
Providing perspective of how Airbus had to view its decision at the time, we spoke with Professor Tobias Kretschmer, an expert on strategy and game theory from Ludwig-Maximilians-Universität München. Professor Kretschmer uses the A380 vs 747 in his game theory lectures and is familiar with the key decision Airbus faced at the time the A380 was launched.
Boeing announced an order from BOC Aviation for 50 737 MAX 8s, 30 737-800NGs and two 777-300ERs. The order is valued at $8.8bn at list prices. This is the largest in BOC Aviation’s 20-year history.
“Following the successful placement of the 50 Next Generation 737 aircraft that we ordered in 2006, this is a continuation of our commitment to be responsive to airline customers which are expanding or replacing older fleets,” said Robert Martin, managing director and chief executive officer, BOC Aviation. “The 737 is known for its operational and fuel efficiency, and BOC Aviation expects healthy demand for the Next Generation 737 and 737 MAX variants in the next seven years.”
The order adds to BOC Aviation’s fleet, which is among the youngest in the leasing industry with an average of less than four years.
The order is interesting as it shows the 8MAX and -800NG remain… Continue reading