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Company Watch - Boeing.

Nov 26, 2007

Air Canada, ILFC, Boeing

Air Canada announced a 10-year lease deal with ILFC for one Boeing 777-300ER. Air Canada will take delivery of its 18th 777 and sixth -300ER in April 2009. It has placed orders with Boeing for 16 777s plus 18 purchase rights. Nov 20, 2007

Air France KLM, Airbus, Boeing

KLM, the Dutch arm of the company, said separately that it had ordered two Airbus A330-200 airliners and five from Boeing, including 2 777-300ER long-range planes and three single-aisle 737-700s. A capital gain of EUR202 million on the sale of a stake in the Amadeus reservations system helped boost its pre-tax performance. "These are excellent results, essentially due to the strength of passenger demand, but also due to a plan of cost savings," Finance Director Philippe Calavia told journalists. "We are not seeing any weakness in passenger demand, even with the level of fuel prices where they are today, and even with the fuel surcharges we are applying." The airline also said its financial charges fell sharply. Nov 23, 2007

Air France KLM, Boeing

Boeing announced on Nov. 22 that KLM Royal Dutch Airlines, part of the Air France KLM Group, has placed an order for additional 737 and 777 aircraft. The airline will add three Next-Generation 737-700s and two 777-300ERs (Extended Range) to its fleet. As part of the agreement, KLM took options on one additional 737 and two additional 777s. The order, worth approximately $716 million at catalog prices, was previously posted to the Boeing Orders and Deliveries Web site and attributed to an unidentified customer. With today's announcement, the airline has six 777-300ERs on direct order with Boeing and is scheduled to take delivery of its first of this model in the first quarter of 2008. KLM currently operates a fleet of 15 Boeing 777-200ERs in a combination of leases and direct purchases. The airline continues to strengthen its short-haul fleet with the Next-Generation 737 to improve overall efficiency and reliability and to strengthen its competitive position in the European market. Nov 23, 2007

Air France, Boeing

A Boeing 777 twin-engine operated by Air France flying from Beijing to Paris has been forced to make an emergency landing in the Russian city of Saint Petersburg, Russian ITAR-TASS news agencies reported. The aircraft had to land after the failure of its left engine, the three main Russian news agencies reported. News agencies said 304 people were aboard and that there were no casualties. Saint Petersburg's Pulkovo Airport officials and the city's Emergency Situations Ministry could not be immediately reached for comment. Nov 25, 2007

Alaska Airlines, Aviation Partners Boeing

Aviation Partners Boeing announced that Alaska Airlines has become the first carrier to operate a 737-900 with blended winglets. It expects to retrofit its 737-900 fleet by late next year. Continental Airlines and KLM also have ordered winglets for their -900s. APB said EASA certification is expected in early 2008. Nov 19, 2007

Boeing

Boeing lands $8.1 million contract modification. A unit of Boeing received a contract modification worth more than $8.1 million from the Navy. The company will make three Engineering Change Proposals to the existing contract. Nov 21, 2007

Boeing

Lawmakers question sale of Boeing bomb kit to Saudi Arabia. Some lawmakers from both parties are questioning the sale of Boeing's satellite-guided smart-bomb kits to Saudi Arabia. A letter signed by 188 lawmakers requested assurances from President George W. Bush the weapons will not be used against Israel. "Without such assurances, we will oppose the sale," the lawmakers wrote. Nov 20, 2007

Boeing

Boeing completed deals on Friday Nov. 16 to supply 12 787 planes to Vietnam Airlines and a new Vietnamese aircraft leasing company as the flag carrier moves toward ending its aircraft shortage. Vietnam Airlines, under pressure to keep up with demand as the southeast Asian country's economy grows at more than 8 percent a year and tourism and trade with it, has 46 aircraft but wants to almost double that to 86 by 2015. Four of the Boeing 787-8 planes would go to the state-run unlisted carrier and eight to Vietnam Aircraft Leasing Joint Stock Company, of which Vietnam Airlines is one of five founding shareholders, officials said. The deals amount to USD$1.9 billion based on list prices. The carrier signed draft agreements in late September and early October with Boeing and Airbus for passenger jets. Vietnam Airlines also has a 2005 contract with the US company for delivery of four 787-8s in 2009 and 2010. The government has said it wants Vietnam Airlines to finalize the agreement with Airbus to buy 10 Airbus A350-900XWB passenger jets and 20 single-aisle A321 jets before December 21. Nov 19, 2007

Boeing

Boeing takes steps to manage 787 supply chain. Boeing has assigned four vice presidents to oversee the quality performance of its 787 suppliers. Boeing acknowledged production problems with the plane during the summer and has made changes to address issues in the supply chain. Nov 19, 2007

Boeing, Airbus, EADS, Northrop Grumman

Air Force postpones tanker decision. The Air Force on Tuesday Nov. 20 postponed a deadline for a decision to announce a contract for a new fleet of tanker aircraft. It will award the contract in February, said Sue Payton, the Air Force's top acquisition official. Boeing and a team led by Airbus parent EADS and Northrop Grumman are competing for the contract. Nov 21, 2007

Jeppesen, Qatar Airways, Boeing

Jeppesen finalized an agreement with Qatar Airways to supply electronic flight bag applications and data for the airline's new Boeing 777s that will feature the Boeing Class 3 EFB. First aircraft is scheduled for delivery this month. Nov 19, 2007

LAN Airlines, Rolls-Royce, Boeing

LAN Airlines placed a firm order with Rolls-Royce for Trent 1000s to power 26 Boeing 787s it has on order to begin delivering in 2012. The order, which includes 15 options, is the first LAN has placed with Rolls. The two parties also reached agreement on a long-term TotalCare service program. Total value of the deal, including the 15 options, is more than $2.4 billion, Rolls said. LAN is slated to be Latin America's largest 787 operator. Rolls said orders have been placed by 24 customers for more than 600 Trent 1000s, comprising "approximately half the Boeing 787 customers who have made an engine decision." Nov 22, 2007

NavAero, Continental Airlines, Boeing

NavAero said Continental Airlines chose its Class 2 navAero tBagC2-2 computer and display hardware as the electronic flight bag flight deck hardware for the carrier's Boeing 757 and 767 fleets. Installation will start next year. Nov 19, 2007

Rolls-Royce, Airbus , Boeing

Rolls-Royce will establish a facility in Singapore to assemble and test large civil aircraft engines, with the initial focus on the Trent 1000 powering the Boeing 787 and the Trent XWB powering the Airbus A350 XWB. Together with its existing UK facility in Derby, this will provide the company with a dual sourcing capability for the assembly and test of large civil engines, including future new versions of the Trent engine. Rolls-Royce said that the Derby facility is planned to remain the center of expertise for large civil engines, with the capability to design and develop these engines. Nov 21, 2007

Rolls-Royce, Boeing, Airbus

Rolls-Royce will establish a facility in Singapore to assemble and test large civil aircraft engines, with the initial focus on the Trent 1000 powering the Boeing 787 and the Trent XWB powering the Airbus A350 XWB. Together with its existing UK facility in Derby, this will provide the company with a dual sourcing capability for the assembly and test of large civil engines, including future new versions of the Trent engine. Rolls-Royce said that the Derby facility is planned to remain the center of expertise for large civil engines, with the capability to design and develop these engines. The Singapore site, slated to be operational by late 2009, will employ up to 330 and is backed by the Singapore Economic Development Board, Rolls said, describing the facility as a "factory of the future." It additionally announced it will open a US facility in Northern Virginia to assemble and test the RB282, which will power Dassault's new midsize corporate jet and, according to Rolls, may have regional jet application in the future. Total investment in the two facilities will be [pounds sterling]150 million ($307.7 million) over the next five years. Nov 21, 2007

ZZ

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Publication:AirGuide Business
Date:Nov 26, 2007
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