Sat, Nov 08, 2008
Economy Hits Airliner Sales Hard
It's that time of year again. No,
not the winter holiday season... but rather the time of year when
commercial airliner manufacturers predict next year will see a
substantial dropoff in new orders.
Those dire predictions have had the opposite effect in the past
three years -- as commercial airliner orders established new
records, fueled by a booming Middle Eastern and pan-Asian travel
market. Few expect similar surprises in store for the next two
years, however... least of all Airbus Chief Operating Officer John
In comments to the Wall Street Journal, Leahy said Airbus has
already seen approximately 100 order cancellations for 2008,
including 65 planes from now-bankrupt ultra-low-cost airline
Skybus. That's a big number... but still a relative drop in the
bucket against Airbus' reported backlog of 3,700 orders.
In typical fashion, Leahy boasted the situation could be seen as
a positive. "We don't need large orders next year. ... We'd be
happy with no orders," he said, considering that backlog.
Airbus has taken about 850 gross orders this year, Leahy added.
So far, none of the cancellations have come from Asian startup
carriers, which analysts believe could be particularly susceptible
to the current global economic downturn.
In October, Airbus delivered 42 aircraft to customers, and took
orders for nine new aircraft.
For the moment, rival Boeing isn't talking about order
cancellations, or deliveries... as that company works to restart
production following a 57-day machinists' strike.
Stormbirds A confederation of Luftwaffe-related web sites, providing reference-grade coverage of the Messerschmidt 262 and other advanced combat aircraft of the Third Reich.>[...]
A safety alert issued by ATC to aircraft under their control if ATC is aware the aircraft is at an altitude which, in the controller's judgment, places the aircraft in unsafe proxi>[...]
"You have a huge job ahead of you. The challenges are many and the solutions are hard." Source: Senate Commerce Committee Chair Jay Rockefeller (D-WV).>[...]
Get A Customized ANN News Portal For YOUR Website! As we promised, the ever-so-busy software geeks at ANN have been working overtime on a number of cool new tools and toys... and t>[...]
Effort To Raise Funds And Awareness For The Special Operations Warrior Foundation A group of Airmen with the Air Force Seven Summits team reached the highest point of the world, Mo>[...]