Boeing finally answered Ryanair CEO Michael O’Leary’s call for a higher-capacity 737 Max 8 with last Monday morning’s official launch of the 737 Max 200 and, in the process, won a commitment for as many as 200 airplanes. The commitment calls for a firm order for 100 airplanes and options for another 100, together worth as much as $22 billion.
“We can capture almost 100 aircraft in the business aviation market,” CEO of Superjet International (SJI) Nazario Cauceglia told AIN.
Singapore-based aircraft leasing company BOC Aviation said it was responding to Asian airline customers that are expanding or replacing their older aircraft by placing its largest-ever order with Boeing.
The FAA said last week that it plans to levy a $12 million fine against Southwest Airlines for failing to follow proper maintenance procedures on 44 of its Boeing 737s. Although Aviation Technical Service in Everett, Wash., performed the work incorrectly, the airline was deemed to be ultimately responsible for ensuring that maintenance is completed correctly.
The 2014 Farnborough International Airshow (July 14-20) was a dynamic and captivating edition of the long-running biennial event–packed with high-octane sales activity, novelty and a touch of controversy. As of press time, the show was on track to surpass all the main metrics for the 2012 event, with more than twice the volume of announced sales; more than 100,000 visitors on the five trade days; and approximately 1,500 exhibitors (of which 26 percent were newcomers and 15 percent had expanded their presence).
The 2014 edition of the Farnborough International Airshow has beaten its own record for aircraft and engine orders, with organizers announcing a $130 billion running tally after the first three of the five trade days. Factoring in all provisional orders, AIN’s own analysis puts the estimate at just above $155 billion.
Qatar Airways dominated commercial proceedings at the Farnborough International Airshow yesterday, signing contracts with Boeing for its 777Xs that could be worth up to $37.7 billion, plus another $2.4 billion deal for four 777 freighters.
GE Aviation’s Flight Efficiency Services division is using big data techniques to help airlines to improve their profit margins with a particular focus on reducing fuel burn. “Fuel accounts for 40 percent of airline costs with around $215 billion spent on this each year,” said general manager Giovanni Spitale. “GE thinks that if machines can talk to each other using the industrial internet [a term coined by GE] we can make better sense of that [fuel consumption].”
Mitsubishi Aircraft Corporation here on Monday announced a memorandum of understanding for 20 firm MRJ90 regional jets, with purchase rights for an additional 20 of the type, with Eastern Air Lines Group. Deliveries are scheduled to commence in 2019 and Boeing will support the aircraft.
Eastern Air Lines president and CEO Edward Wegel said the aircraft would be used on routes from the airline’s main base in Miami, Florida, to Latin America and the Caribbean. They will be operated in an 82-seat, two-class configuration, he added.
UTC Aerospace Systems (UTAS, Hall 3AS6-7) comes to Farnborough with a series of commercial success stories, led by news of a new long-term maintenance agreement with Airbus. Under the deal, UTAS becomes a primary maintenance service provider for Airbus’ Flight Hour Services (FHS) and component repair support. The contract covers UTC Aerospace Systems components on all Airbus platforms.
Aerostar (Hall 3 Stand B31) has become one of the first independent European MRO organizations to install Split Scimitar winglets on Boeing 737-800s. The work was carried out for Sweden’s TUIFly Nordic at Aerostar’s Bacau facility in Romania, which is also the location of its headquarters. The winglets were fitted to two 737 aircraft, one arriving in early May and having the work done during a maintenance check, while the other followed shortly afterwards for a maintenance check, wing strengthening and installation of winglets.
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