Its too bad that there are no online archives going back to the dawn of the widebody era in 1969. There is a useful historical perspective on the 747′s development here. Parallels with the news on the A380 are amazing. Continue reading
The WTO Appeals Panel released its public version of the review of the original WTO Findings on the EU complaint about Boeing illegal subsidies.
Both the European Union and the US Trade Representative claimed victory, as did Airbus and Boeing.
Here is the Airbus press release:
Pierre Beaudoin, Bombardier CEO, discusses the company’s $55 billion backlog and his take on the transportation business. Watch the video to see CNBC’s Mad Money full interview.
Earlier in the day Mr Beaudoin spoke at The Wings Club in NYC.
The previous post on the neo engine competition got us thinkign about another tough battle. On the 787 the battle is between the GEnx and the Rolls-Royce Trent 1000. Continue reading
[UPDATE - The table and blog updated]
Besides seeing its neo sales continue to grow – perhaps not as fast this year as last – Airbus created a race for the two engine firms. The stakes are huge. Both CFM and P&W need to build and maintain momentum. Continue reading
This show follows the usual pattern – orders get announced for maximum media coverage. And the orders are big. Boeing started with a massive order – it’s biggest ever – Lion Air of Indonesia finalized a firm order for 201 737 MAXs and 29 Next-Generation 737-900ERs. The agreement, first announced last November, includes options for an additional 150 airplanes. Lion is launch customer for the MAX-9. With orders for 230 airplanes valued at $22.4 billion (list prices), the deal is the largest commercial airplane order ever in Boeing’s history by both dollar value and total number of airplanes.
Not to be outdone, Airbus also made an order announcement. ALAFCO Aviation Lease And Finance Company, a Kuwait-based international aircraft leasing company, finalized a purchase order for 35 A320neo Family aircraft bringing its total backlog for the type to 85. The firm contract is an increase from the previous agreement signed at the 2011 Dubai Airshow for 50 A320neo aircraft.The 2011 neo order included P&W GTF engines so we assume the same applies to the new order as well.
Then another unexpected order popped up. BOC Aviation said it has ordered 20 C919s. There has been little news from COMAC and the C9191 for a while. And keeping the order game going, Bombardier announced and order for five Q400s. This follows news last week of an order for up to 24 CRJ1000s. Interestingly the customers have not been announced though the assumption is that the CRJs are going to Garuda.
Airline Business Editor Max Kingsley-Jones wrote an intruiging piece on the Bombardier CSeries in 2012. So we called Max and had a chat about the airplane and its prospects. The CS is seen as living in an awkward segment – bigger than regional jets but smaller than full size airliners. Bombardier is very confident of this segment and the success Embraer has seen in this segment seems to endorse this confidence. Trunk liners have a spotty record all the same. It is a tough space to work in. That said Bombardier needs a few more “big name” customers and these are likely to be forthcoming once the program has better visibility. 2012 is an important year for the program as it approaches the first flight in 2013. Since program delays are “new normal”, airlines are to be expected to hang back until they can more clearly see the program’s milestones being reached.
Today La Tribune reports that Airbus is going to increase the MTOW of the A330-300 by five tonnes to 240 tonnes. This should enable the A330-300 to increase its range by 400 miles. The additional weight will be offset by weight reduction from the design where A340 requirements are no longer needed. The A340 and A330 share a common fuselage.
The move is clearly not only to occupy the segment forgone by the elimination of the A340, it is also an attempt to close the perceived gap between the A330 as we know it and the Boeing 787, which offers longer range.
Airbus newest product, the A350, will be larger than the 787 and similar in size to the 777 series. Boeing has two models that bracket the A350; the 787 at the lower end and the 777 on the upper end. By adding more capabilities to the A330 Airbus closes what many have thought to be a key gap on the smaller side of the market.
According La Tribune Airbus should be able to offer this enhanced -300 between three and four years from now.
The A330 is proving to be a remarkably resilient and flexible design. John Leahy, Airbus COO Customers, points out that since the announcement of the 787, Airbus has sold 740 A330s. Clearly writing off the A330 is premature, and Airbus enhancements should provide additional life to an already successful program.
The NEO and MAX have taken the market by storm. Customers seem to be willing to stand in line – even though the 787 and A380 programs taught that sometimes one can order too early. Yet the desire for fuel efficient workhorses appears inelastic. Continue reading