The world’s passenger and cargo airlines will spend money on new aircraft at an average rate of just over $5,000 per second over the coming 20 years, according to Boeing Commercial Airplanes. Or, to put it another way, the U.S. manufacturer forecasts a $3.2 trillion market requirement involving some 29,000 commercial jetliners (including 710 new freighters) between 2009 and 2028.
Singapore Airlines fleet
In both engineering and visual terms, the open rotor is a huge departure from the turbofans that power today’s aircraft. As such, Rolls-Royce believes its market acceptance will involve a comprehensive understanding of the operational environment in which it will function.
Turkish Airlines has signed a new firm order for five Boeing 777-300ERs valued at $1.38 billion at list prices, the manufacturer confirmed this morning. Boeing said the order marks the airline’s first purchase of new 777s directly from the company. The airline now operates three leased 312-passenger 777-300ERs, as well as 51 Boeing 737-800s, three 737-700s and eight 737-400s. It also flies 67 Airbus jets of various types.
American Airlines expects its first Boeing 787s to arrive about a year later than originally planned due to last year’s machinists’ strike at Boeing, according to an SEC filing issued by the Dallas-based airline yesterday. Last year the carrier signed a firm order for 42 Boeing 787-9s, the first of which it expected to arrive in 2012 and the last in 2018.
Airbus ended the month of March with firm orders for 16 airplanes, raising its annual total out of red figures for the first time this year, to a net total of eight airplanes. Meanwhile, Boeing added orders for five 737s from an unidentified customer during the last week of the month–not enough, however, to raise its order count out of negative territory. As of March 31, its order tally stood at negative four.
First-quarter deliveries for Boeing Commercial Airplanes rose 5.2 percent from a year earlier, to 121 airliners, the company announced today. Despite registering four more cancellations than new orders in the first three months, the period proved more lucrative than analysts predicted. Aircraft manufacturers get paid the majority of the purchase price of each airplane at the point of delivery.
Pratt & Whitney’s PW4000 Advantage70 engine this week completed its first flight aboard an Air Comet A330-200 in Toulouse, France, the company announced yesterday. The first Advantage70 flight marks the beginning of a flight-test program scheduled to continue through early next month.
Airbus continued to register a negative sales tally this year as the company booked orders for just a pair of A380s from Korean Air while it saw cancellations of a single A319 and an A320, both from Dutch-Kuwaiti leasing alliance AerVenture, during February.
A firm order announced on February 27 for six A330-200s from Korean Air helped ease the sting of an exceedingly sluggish sales year so far for Airbus, but it didn’t erase the considerable pressure felt by both of the Western world’s major OEMs to deliver on promises to maintain production rates, as analysts and suppliers closely monitor how each react to a growing list of delivery deferrals. In fact, until the latest Korean Air order, both co
Airbus logged the sale of the 200th A380 with a firm order from Korean Air Lines for another two of the double-decker transports, the manufacturer announced today. This latest deal brings the total number of A380s ordered by Korean Air to 10. The carrier plans to operate the aircraft in a three-class layout on routes linking Seoul to destinations in North America and Europe, including Los Angeles, New York and Paris.