Energized by the explosive growth in the Middle East air transport market, Qatar Airways has turned its attention to Scandinavia as it extends Boeing 787 services to Stockholm on August 1, to be followed a month later to both Copenhagen and Oslo.
Greenpoint Technologies, a VIP completions center for Boeing Business Jets, has acquired an equity position in MRO Aviation Technical Services (ATS). The two have worked together for 15 years on VIP and head‐of‐state programs. Acquiring an equity position ensures Greenpoint will have the hangar capacity and installation labor required to meet current and future completion needs. Jon Buccola, Greenpoint chairman and founder, will serve on the ATS board of directors.
Backed by five launch customers from across Europe, Asia and North America committing to 102 aircraft, Boeing pressed the “Go” button for its long-anticipated 787-10 development on June 17. United Airlines, British Airways, Singapore Airlines, GE Capital Aviation Services (Gecas) and Air Lease stepped up to support the stretched, longer-range Dreamliner, and they appear to have been influential in shaping the design and performance goals.
As predicted, most airliner makers went home from last week’s Paris Air Show with yet longer backlogs of orders. Factoring in all the provisional sales (those covered by options, letters of intent or a memorandum of understanding), manufacturers announced something like $170 billion in new aircraft and engine business at Le Bourget.
Qatar Airways placed a firm order for a pair of Boeing 777-300ERs and signed a commitment for another seven on the opening day of the Paris Air Show. Boeing places the value of the nine airplanes at $2.8 billion, based on list prices. Also holding an outstanding order for seven 777s, Qatar Airways plans to increase the size of its present fleet of 35 Boeing 777s to 51.
General Electric GE90-115Bs power the 777-300ER. GE places the value of the engine commitment at $600 million.
On Tuesday at the Paris Air Show Boeing Defense, Space and Security announced an agreement with Embraer Defesa & Segurança to lead sales efforts of the Embraer KC-390 medium airlifter in the U.S. and UK and in select states in the Middle East. Boeing will also be the prime for sustainment and training in those territories, with Embraer providing the aircraft and assistance. The deal is part of the over-arching teaming agreement announced last year. Boeing and Embraer foresee an addressable market of 700 aircraft in the medium mobility market.
Qatar Airways CEO Akbar Al Baker is upbeat on the market, having ordered nine Boeing 777-300ERs, valued at $2.8 billion (at list prices), of which seven are options. “When we say options, we always make them firm orders,” he said. “Options [simply] give us the flexibility of moving up delivery dates.”
Al Baker said the new aircraft would allow the airline to open new long-haul routes to the U.S. Two of the new jets will be delivered in early 2014.
Boeing revealed here at the show yesterday that it is modifying a Bombardier Challenger business jet to be the prototype of its proposed medium-sized Maritime Surveillance Aircraft (MSA). Without specifying a platform, Boeing revealed the project at Farnborough last year, which downsizes and repackages the systems it has developed for the P-8 Poseidon and the 737 AEW&C aircraft onto a midsize jet.
Honeywell has entered the detailed design phase of the satellite communications (satcom) system hardware it is developing for Inmarsat’s new Global Xpress Ka-band satellite network. The company aims to secure Inmarsat network access approval for the satcom system in 2014.
Boeing and Ryanair reached terms on the U.S. manufacturer’s largest ever firm aircraft order from a European airline yesterday. The deal, worth $15.6 billion at current list prices, calls for delivery over five years of 175 new Boeing 737-800s starting in September 2014. The order stands to raise Ryanair’s fleet count to more than 400 by the summer of 2018 from about 300 today.