Boeing remains bullish on long-term aircraft demand

[NM]

From ATW Daily News:

Boeing forecast demand for 30,900 new commercial aircraft valued at $3.6 trillion over the next two decades in its latest "Current Market Outlook" released yesterday, projecting the global fleet will expand 92.2% from 18,890 currently to 36,300 in 2029.

 

[markis10]

I would expect they are looking forward to a good show this week, with EK placing an order for more 777's and I would not be surprised to see DJ confirm the 767 order rumored to be at the board!

 

[samh004]

If you nearly double the amount of planes currently flying, where are you going to park them? As it seems airports are already pretty full.

 

[NM]

... and I would not be surprised to see DJ confirm the 767 order rumored to be at the board!

That is an interesting rumour I guess the order book for 767 is pretty small at the moment :!:

 

[NM]

If you nearly double the amount of planes currently flying, where are you going to park them? As it seems airports are already pretty full.

Seems like a large number of them will spend some of the time parked at Dubai and others spending plenty of time across China according to the goals and aspirations of some of those airlines currently placing orders.

 

[markis10]

That is an interesting rumour I guess the order book for 767 is pretty small at the moment :!:

It will fill a hole currently existing between widebody needs and next gen slots, and utilise the skill half the DJ engineering staff, around half being rated on 767's.

 

[NM]

It will fill a hole currently existing between widebody needs and next gen slots, and utilise the skill half the DJ engineering staff, around half being rated on 767's.

Perhaps they could take delivery of the pre-loved 767-336 and 767-338 models in the not too distant future

 

[serfty]

Perhaps they could take delivery of the pre-loved 767-336 ...

That'd be a reason to avoid DJ ...

 

[markis10]

Well they are certainly off the blocks , with both camps reporting a good day, the A320 continues to pull in sales:

Hot on the heels of the widely publicised UK debut of its much-delayed 787 Dreamliner at the weekend, Boeing announced a $9.1bn (£6bn) order for 30 777-300ERs from Emirates Airlines. GE Capital Aviation Services (GECAS), GE's leasing and financing arm, has also ordered 40 737-800s from the US aircraft giant, at a list price of $3bn (£2bn).

Jim Albaugh, the Boeing chief executive, said that despite continued economic uncertainties, the outlook for the recession-battered aircraft market is positive.

Last week the company's most recent market outlook predicted a $3.5 trillion (£2.3trillion) market for new commercial planes over the next 20 years, with carriers ordering more than 30,000 new passenger aircraft and 740 freighters by 2029. "The market is clearly coming back and I feel very confident about how we are positioned to regain and retain leadership in this business," Mr Albaugh said.

Emirates' big Boeing order comes just weeks after the Dubai-based carrier made the record books for the biggest recorded single civil-aircraft order, with a $11bn (£7.2bn) contract for rival Airbus A380 "superjumbos". Not to be outdone by Boeing, Airbus also had orders of its own to announce yesterday. The US group Air Lease Corporation is to spend $4.4bn (£2.9bn) on 51 A320s, the Russian flagcarrier Aeroflot is buying 11 A330-300s, and GECAS has signed a firm order for 60 more A320s, taking the leasing group's order backlog to 99.


Farnborough: big orders and a vision of the future - Business News, Business - The Independent

 

[NM]

Its interesting that all the Airbus and Boeing orders announced in the UK this week have been for older existing product lines. No 787, A350 or A380. Just lots of 737, A320, A330 and 777s.

 

[markis10]

Its interesting that all the Airbus and Boeing orders announced in the UK this week have been for older existing product lines. No 787, A350 or A380. Just lots of 737, A320, A330 and 777s.

I think airlines have come to understand the importance of firm deliveries versus promised deliveries for newer technology and they would rather loose a few % in operating costs to have improvements today than in 5 years.

 

[straitman]

Well they are certainly off the blocks , with both camps reporting a good day, the A320 continues to pull in sales:

Hot on the heels of the widely publicised UK debut of its much-delayed 787 Dreamliner at the weekend, Boeing announced a $9.1bn (£6bn) order for 30 777-300ERs from Emirates Airlines. GE Capital Aviation Services (GECAS), GE's leasing and financing arm, has also ordered 40 737-800s from the US aircraft giant, at a list price of $3bn (£2bn).

Jim Albaugh, the Boeing chief executive, said that despite continued economic uncertainties, the outlook for the recession-battered aircraft market is positive.

Last week the company's most recent market outlook predicted a $3.5 trillion (£2.3trillion) market for new commercial planes over the next 20 years, with carriers ordering more than 30,000 new passenger aircraft and 740 freighters by 2029. "The market is clearly coming back and I feel very confident about how we are positioned to regain and retain leadership in this business," Mr Albaugh said.

Emirates' big Boeing order comes just weeks after the Dubai-based carrier made the record books for the biggest recorded single civil-aircraft order, with a $11bn (£7.2bn) contract for rival Airbus A380 "superjumbos". Not to be outdone by Boeing, Airbus also had orders of its own to announce yesterday. The US group Air Lease Corporation is to spend $4.4bn (£2.9bn) on 51 A320s, the Russian flagcarrier Aeroflot is buying 11 A330-300s, and GECAS has signed a firm order for 60 more A320s, taking the leasing group's order backlog to 99.


Farnborough: big orders and a vision of the future - Business News, Business - The Independent

A little more information here as well.

Boeing Wins $9.1 Billion Order From Emirates

Jul 19, 2010
By Guy Norris [email protected]
FARNBOROUGH

Boeing has won a $9.1 billion order from Emirates for 30 777-300ERs, first deliveries of which will begin in 2011.

Emirates is the world’s largest 777-300ER operator with 53 already in service, and with the latest order will see its stretched ER fleet swell to 101. The Dubai-based carrier, which is the only operator to fly all models of the 777 — including the freighter — is already receiving 777-300ERs from an earlier order of 71 aircraft.

 

[docjames]

I was reading Boeing are negotiating with suppliers in an attempt to up the production rate of the 737 due to the huge backlog and risk of losing customers if delivery is not reasonable.



I'd love to see DJ order 767-400s - ideal for upping their east coast majors + perth routes.