Tue, Jul 10, 2012
ALC 737 MAX Order May Be Just The Start
The announcement by Boeing that Air Lease Corp is ordering 75 737 MAX airplanes may be the beginning of a shift on the order-book leader board between Boeing and Airbus ... with Boeing moving to claim the top spot.
The Wall Street Journal reports that several other companies are in talks with the U.S. planemaker and may have announcement as the Farnborough Air Show progresses this week. Those could include an announcement that United Continental Holdings is confirming an order for 100 or the re-engined single-aisle airplanes, with options for another 100. Another possible deal with A Kuwait-based leasing company is reportedly in the works, but may not be finished in time for an announcement at Farnborough.
That doesn't mean Airbus is sitting idly by while Boeing racks up orders. The European planemaker says it is nearing completion on deals that could double its order book this year. Announcement at Farnborough may be forthcoming, according to sources close to the negotiations.
Reuters reports that both planemakers are offering deep discounts on their narrow-body jets in an effort to ring up sales. Boeing CEO Jim Mcnerney predicted that sales of the 737 MAX will beat the A320neo for "a number of years" after having had to look up to see Airbus for nearly a decade.
GE Aviation president David Joyce said that while Boeing might win the Farnborough order-book competition this year, there would be fewer orders announced overall. Still, he called the outlook "very positive" based on the production rates of airplanes and order books he described as "full."
More News
Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]
“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]
Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]
Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]
"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]