Dubai Aerospace Enterprise made good on a promise to challenge the aerospace industry’s established aircraft leasing giants by committing to orders for 200 new Airbus and Boeing jets worth more than $27 billion.
Boeing 787
Gulf carrier Qatar Airways yesterday signed an order for five Boeing 777F cargo aircraft and took options on a further five. It also confirmed orders for 22 others previously from unidentified buyers–fourteen 777-300ERs, six -200LRs and two 777F cargo variants.
Jet Aviation Dubai and Jet Aviation Basel, which have quite different operations and capacities, are both engaged in a process to better serve their customers as they cope with the demands of increasing business. Management and employees are asking, “What can we do to help our customers?,” said Andre Wall, COO of Jet Aviation EMEA and Asia.
Rolls-Royce has notched another sale of its Trent XWB engine for the Airbus A350XWB, this time to International Lease Finance Corporation (ILFC).
Gulf carrier Qatar Airways yesterday signed an order for five Boeing 777F cargo aircraft and took options on a further five. It also confirmed orders for 22 others previously from unidentified buyers–fourteen 777-300ERs, six -200LRs and two 777F cargo variants.
Mitsubishi Heavy Industries last month received board authority to offer to potential customers the proposed MRJ regional jets, powered by an engine line known as the Geared Turbofan under development by Pratt & Whitney. Mitsubishi has begun formal talks about possible collaboration with Boeing on the project, scheduled for industrial launch by the end of March.
The delay of the first flight and early deliveries of the 787 will cost Boeing $3.5 billion in revenue next year, according to financial guidance released by the company this morning.
Despite “challenges” in assembly of the first Boeing 787 prototype that have forced delay of the first flight and certification by at least six months, Boeing Business Jets does not expect the delay to have any impact on delivery dates for executive models of the new jetliner. As of today, Boeing claims to have firm orders for nine executive 787s–five 787-8s and four 787-9s. Two of the nine will go to an unidentified leasing company.
Boeing delivered 11 BBJs last year (including two BBJ2s), five fewer than the 16 in 2001 and down three from the 14 aircraft delivered in 2000. In 1999, its first full year of deliveries, 29 BBJs were shipped. Just four of the 11 BBJs delivered last year are on the U.S. registry.
Continuing “challenges” involving the assembly of the first Boeing 787 prototype have forced the company to delay first flight and certification by at least six months, Boeing said today. It now expects to fly the airplane for the first time by the end of next year’s first quarter and start deliveries in either late November or December 2008.