Boeing News Page 36
Intrepid Aviation receives first Boeing 777-300ER
Boeing and Intrepid Aviation have marked the delivery of Intrepid’s first direct ordered Boeing airplane, a 777-300ER that will be leased and operated by Philippine Airlines. This airplane is the first of four 777-300ERs ordered by Intrepid. Philippine Airlines plans to use the new airplane primarily on routes to North America.
Lufthansa waves goodbye to Boeing 737 after half a century
Lufthansa has said goodbye to its Boeing 737 fleet after 48 years. A B737-300, with registration D-ABEC (“Karlsruhe”), flew from Frankfurt to Hamburg on special flight LH9922, where Lufthansa bid farewell to its B737 fleet during a joint event with Lufthansa Technik. After a special ceremony, captain and fleet commander Ulrich Pade and his crew flew back to Frankfurt with a group of media representatives as well as a number of employees on board.
UPS orders 14 747-8 Freighters from Boeing
Boeing and UPS have announced an order for 14 747-8 Freighters. The agreement also includes an option to purchase an additional 14 of the cargo airplanes. “These aircraft are a strategic investment for increased capacity for UPS customers around the globe,” said Brendan Canavan, president, UPS Airlines.
Boeing increases revenue predictions after strong third quarter
Boeing has reported third-quarter GAAP earnings per share of $3.60 and core earnings per share of $3.51. The figures reflect the overall solid execution on production programs and services, favourable tax items ($0.98 per share), and timing of aircraft deliveries. At the same time, revenue guidance has been increased $500 million to between $93.5 and $95.5 billion on higher commercial deliveries.
Swiss International Air Lines signs latest Boeing 777 deal
Boeing and Swiss International Air Lines have confirmed a new order for one 777-300ER (Extended Range), valued at $339.6 million at list prices. The Swiss airline had previously ordered nine 777s and taken delivery of six this year as it continues to establish the 777-300ER as its flagship.
Robert Bradway appointed to Boeing board
The Boeing board of directors has elected Robert Bradway as a new member. Bradway, 53, is chairman and chief executive of Amgen, one of the world’s leading biotechnology companies. He joined Amgen in 2006 and has served the company in senior finance and operations strategy roles, including chief financial officer and chief operating officer.
Boeing opens new composite centre in St. Louis
Boeing has formally opened a new composite centre on its St. Louis campus that will house the company’s largest commercial aviation work statement ever placed at the site. The centre is a visible representation of the company’s efforts to diversify and grow its St. Louis-area operations. The 424,000-square-foot facility will initially build composite parts for the company’s newest commercial jetliner, the 777X.
China Southern Airlines places $3.2bn Dreamliner order with Boeing
Boeing and China Southern Airlines today finalised an order of 12 787-9 Dreamliners, valued at $3.2 billion at current list prices. The new order strengthens China Southern’s expanding long-haul fleet. “The 787 Dreamliners have helped us to achieve initial success in implementing our internationalisation strategy in the past few years and enabled us to make our operation and services more appealing to passengers,” said Tan Wangeng, chief executive, China Southern Airlines.
Jet2.com welcomes first Boeing 737-800 to fleet
In a major milestone on its growth and development strategy, Jet2.com and Jet2holidays has formally taken delivery of the first of 30 brand new Next Generation 737-800 aircraft from Boeing. The new aircraft, which seats 189 passengers, was handed over to Jet2.com and Jet2holidays at a special ceremony at Boeing’s Seattle Delivery Centre in the United States.
China set to become first $1tn aviation market
Boeing has projected a demand for 6,810 new airplanes in China over the next 20 years. The aviation giant released its annual China Current Market Outlook earlier in Beijing, estimating the total value of those new airplanes at $1.025 trillion. China becomes the first trillion dollar aviation market in Boeing’s forecast.
Boeing sees revenues nudge upward in second quarter
Boeing has reported second-quarter revenue of $24.8 billion on strong commercial deliveries and services growth, up one per cent on last year. GAAP loss per share of $0.37 and core loss per share of $0.44 reflect the previously announced 787 cost reclassification ($1.33 per share) and charges on the 747 program ($1.28 per share) and the KC-46 Tanker program ($0.62 per share), partially offset by solid execution and higher volume.
Malaysia Airlines signs $2.75bn Boeing 737 MAX order
Boeing and Malaysia Airlines Berhad have announced an order for 25 737 MAX 8 airplanes, valued at $2.75 billion dollars at current list prices. The order, previously attributed to an unidentified customer on the Boeing Orders & Deliveries website, also includes purchase rights for additional 737 MAX 8 and 737 MAX 9 airplanes.