Boeing delivered a bullish market forecast for airplane sales in the Asia-Pacific region on February 10, citing strong anticipated economic and passenger growth over the next 20 years. The manufacturer expects that the region’s gross domestic product will grow at 4.5 percent annually over the next two decades, fueling annual passenger traffic growth of 6.3 percent and cargo growth of 5.8 percent.
Delivery of SilkAir’s first Boeing 737 a little over a week ago in Washington state marked the fulfillment of what Boeing Commercial Airplanes vice president of sales Dinesh Keskar characterized as a “major win” for the company in the Asian market. In fact, while Boeing would no doubt relish the chance to convert any Airbus operator, the contract with the Singapore Airlines subsidiary came as particularly satisfying given the impressive market share its rival from Europe has established in the region over the past decade or so.
The 2014 Singapore Airshow opens at its purpose-built site on Tuesday, with an exhibitor base of more than 1,000 companies from over 50 countries set to show their wares, representing around a 10 percent increase on the last staging of the biennial event in 2012.
Boeing Business Jets announced yesterday that it made the first two BBJ 787-8 deliveries of 2014 over the past week to separate undisclosed customers. These aircraft mark the second and third BBJ 787s delivered to date, after the first one was handed over to a customer in December. Like all BBJs, the airplanes were delivered green and are undergoing completion at third-party outfitting centers.
Associated Air Center (AAC) of Tempe, Ariz., has been awarded a contract for the custom interior completion of a Boeing 787-8 BBJ, and staffing, training and infrastructure development are under way in preparation for the project. AAC expects delivery of the green aircraft from Boeing by this summer, and AAC’s in-house design is now undergoing a full review. The contract, signed in late December, capped months of discussions and work with Boeing engineers.
A legal dispute over the U.S. Navy’s termination of the A-12 Avenger II carrier-based attack aircraft in 1991 for default has finally been settled after five trials and two appeals over two decades. Citing cost and schedule overruns, then-Defense Secretary Dick Cheney cancelled the pioneering stealth warplane before it had flown. General Dynamics (GD) and McDonnell Douglas (MD) were developing the airplane. The settlement was reached between the U,S.
Boeing’s Charleston, South Carolina 787 factory has experienced a higher number of behind-schedule jobs involving the airplane’s mid-body section than originally anticipated, requiring it to apply “additional resources” to help flow times progress to a satisfactory level, Boeing CFO Greg Smith acknowledged during a conference call the company held Wednesday to discuss its fourth-quarter earnings.
Bahrain International Airport will be home to Mena Tempus, a new joint venture between Mena Aerospace Enterprises and Tempus Jet Centers (Tempus Jets). The new venture will focus on delivering aviation services to the Middle East.
Norwegian Air Shuttle reported on Wednesday that it remains unsatisfied with the reliability of its three Boeing 787s following Sunday’s incident in which a problem with a fuel valve delayed a flight between Bangkok and Stockholm for 19 hours. Norwegian Dreamliners have suffered a series of maintenance glitches such as erroneous fault warnings, costing the airline revenue and standing with its customers.
Greenpoint Technologies has signed a second completion customer for a private Boeing 787. The customer’s name is confidential. Greenpoint signed its first 787 completion contract in December last year, and these contracts follow years of preparation for 787 completion programs.