Kaplanian Report March 2019

On the Boeing Front             

    Boeing Partners with Aerion to Accelerate Supersonic Travel                                                 

On February 5th Boeing announced a partnership with Aerion, a Reno, Nevada-based company pioneering next-generation supersonic aircraft.

As part of the agreement, Boeing made a significant investment in Aerion to accelerate technology development and aircraft design and unlock supersonic air travel for new markets. Terms of the deal were not disclosed.

Boeing will provide engineering, manufacturing and flight test resources, as well as strategic vertical content, to bring Aerion’s AS2 supersonic business jet to market.

The AS2 is designed to fly at speeds up to Mach 1.4 or approximately 1,000 miles per hour. With the ability to fly up to 70 percent faster than today’s business jets, the AS2 will save approximately three hours on a transatlantic flight meeting environmental performance requirements. The aircraft is slated for first flight in 2023.

“Boeing is leading a mobility transformation that will safely and efficiently connect the world faster than ever before,” said Steve Nordlund, vice president and general manager of Boeing NeXt. “This is a strategic and disciplined leading-edge investment in further maturing supersonic technology.  Through this partnership and experience, we have the right team to build the future of sustainable flight.”

Founded in 2003 to develop new, more efficient aerodynamic technologies for supersonic aircraft, Aerion introduced its AS2 12-passenger business jet design in 2014.  The company unveiled the AS2’s GE Affinity engine design in 2018.

Source : Boeing/Picture Aerion

                     

ON THE AIRBUS FRONT

                                      Airbus Terminates A380 Program                                                     

While stressing it would continue to fully support the A380 customers that operate a total of about 230 of the four-engine jetliners, Airbus on February 14th confirmed enduring speculation it would end the program.  It was launched in 2000 as part of its goal to gain a share of the market Boeing had covered with 747.

Airbus CEO Tom Enders described the decision as “painful” but inevitable after Emirates Airline, by far the largest customer of the aircraft, reduced its outstanding A380 order by 39 aircraft.

Speaking Thursday during a fourth-quarter/full-year earnings presentation with analysts, Enders said the European OEM had “invested a lot of efforts lot of resources, and a lot of sweat” in the A380 program.”  But obviously we need to be realistic,” he explained. ”With the decision of Emirates to reduce their orders, our order backlog is not sufficient to sustain production beyond 2021 despite all our sales efforts with other airlines in recent years.” 

Airbus said it will produce just 17 A380s—14 for Emirates and three for All Nippon Airways—until it closes the type’s final assembly line. The last two, for  Emirates, will roll off the assembly line in 2021, when the Dubai airline will have taken delivery of 123 units. 

Source : Airbus,World Airlines,Photo Emirates       

        

REGIONAL/BUSINESS JETS

    Business Jet Deliveries To Middle East Are Expected To Total 200

This according to data from the Aviation Week Network, with 12 deliveries in 2019 rising to 20 in 2028.  The top deliveries through the 10-year period from 2018 through 2028 are expected to be the Boeing 737 MAX, with 23 deliveries, followed by the Gulfstream G650, with Bombardier Global 7500 and the Gulfstream G600 tied for third place.  At the same time, the business jet fleet in the Middle East is expected to grow to nearly 435 aircraft in 2019 and to 580 by 2028, with a compound annual growth rate of 3.3%, according to AviationWeek data.

Source : BCA

                         Pilatus Delivers PC-24 To Swiss Government            

                              

Pilatus has delivered a PC-24 to the Swiss government.  The aircraft was handed over during a dedicated ceremony in Berne on February 18th, and will replaced a similarly sized Cessna Citation XLS in service.

The eight-seat PC-24 will be used for government transportation “primarily around Europe, and operated by the Swiss Air Force”. 

Pilatus chairman Oscar Schwenk describes the latest addition as “the new Swiss Air Force One” and says he is “confident that other governments will adopt the PC-24 once they see the unrivaled opportunities and flexibility which it offers.”

The PC-24 is powered by the Williams International FJ44-4A with a range of 2,000nm(3,700km) and designed to take off from grass and gravel strips.

Source : Pilatus/Picture Pilatus                                                                                                                                             

OTHER AVIATION NEWS

                                   El AL Brings Its 767 Era to a Close                                                          

Israeli flag-carrier El Al has formally withdrawn the 767 from its fleet, following a final service from Milan to Tel Aviv on February 3rd.

El Al says it has used different variants of the 767 for 36 years, following the introduction of -200s in 1983, and that the type has logged over 100,000 flights with the airline.

The carrier has been introducing Boeing 787s to replace the 767.  It has eight 787-9s in its fleet.

Chief executive Gonen Usishkin, who opted to accelerate the withdrawal of the 767s, says the aircraft has featured in some high-profile roles for the carrier, including transport of the country’s prime ministers.

The 767 enabled the carrier to become the first airline to operate a twin-engined aircraft on the transatlantic commercial service.

Source : Flightglobal/Picture El Al                                                                                                         

                     Boeing Seeing More Airplane Buyers Paying Cash                                Financing than Ever Before

“We’re seeing more customers with near-term demand and in the ability to either finance or pay cash than we’ve ever seen,” Boeing Chief Financial Officer Greg Smith told FOX Business.

The company will now produce 57 737s a month (up from 52) and will increase production of its 787 Dreamliner to 14 per month (up from 12). The U.S. airplane maker has nearly 5,900 aircraft currently on backlog, valued at $490 billion.  Over the course of next 20 years, Boeing forecasts 8,800 airplanes will need to be delivered to airlines.

“When you look at assets that are in North America today…almost half are being replaced with much more efficient aircraft than those they are operating today,” Smith said, regarding operating costs. ”So that’s creating a lot of demand.”

“There’s lot of replacement opportunity there near term and long term,” Smith said. “There’s also more growth there, and that just goes to the fundamentals of what’s happening within their society and their economy; with the growth in middle class and a real desire to travel…within the region but also outside of the region.”

Source : Boeing/FoxBusiness

British Airways’ BOAC-Painted Boeing 747-400 Lands at London Heathrow

Monday, February 18, 2019—Large crowds gathered at Heathrow in the rain to watch the much-anticipated arrival of a British Airways Boeing 747-400; painted in the iconic design of its predecessor British Overseas Airways Corporation BOAC.

Alex Cruz, British Airways’ Chairman and CEO, said: “The enormous interest we’ve had in this project demonstrated the attachment many people have to British Airways’ history. It’s something we are incredibly proud of, so our centenary year it’s a pleasure to be celebrating our past while also looking to the future. We look forward to many more exciting moments like this as our other aircraft with heritage designs enter service.” 

From the paint bay at Dublin Airport, the BOAC Boeing 747-400 flew directly to Heathrow on the aptly named BA100 touching down in the morning.  Its next flight on Tuesday February 19, when it departed for New York JFK operating as flight BA117.   This flight is particularly significant as it was the first route the Boeing 747-100 flew in BOAC colors.

The BOAC livery will remain on the Boeing 747-400 until it retires in 2023, to allow as many customers as possible to have a chance to see it. By this time, British Airways will have retired the majority of its 747 fleet, replacing them with new state-of-the-art long-haul aircraft.

Source : British Airways/Picture British Airways    

      

LATEST NEWS

  • Icelandair has taken its first Boeing 737 Max 9, which has been delivered from BOC aviation.                                                                                                                                         
  • US Bangla Airline has agreed to lease a Boeing 737 Max 8 from AerCap, making it the first Bangladeshi carrier to have committed to the re-engined variant.
  • Bahamasair takes first 737-700 purchased from AerCap and formerly operated by Alaska Airlines and Lucky Air.
  • EgyptAir plans to begin new service to Washington Dulles International in June. EgyptAir has six 787-9s leased from AerCap on order with all aircraft due this year.             
  • British Airways is ordering up to 42 Boeing 777-9s to modernize the UK flag-carrier’s long-haul fleet. Eighteen are firm orders complimented by another 24 as options.             
  • Rolls-Royce has pulled out of the competition to develop an engine for Boeing’s proposed New Mid-market airplane. The UK engine manufacturer says it is ”unable to commit” to the required timetable and ensure that it has a “sufficiently mature” power plant for the aircraft.
  • Lufthansa On February 19, Lufthansa revealed that the body sections of its first 777-9 have been joined on the assembly line in Everett, Washington. The Lufthansa aircraft is the first of 20 777-9s the German flag carrier has on order, with deliveries due from the summer of next year.
  • Bamboo Airways & VietJet Air have firmed up commitments to order 110 Boeing aircraft 10 787-9s for Bamboo and 80 Max 10s and 20 737Max 8s for VietJet Air             

Source : BOC Aviation, AerCap, Flightglobal, British Airways, Boeing                                                

AIR CARGO

            Pemco Launches Full Conversion Program for 737-700                                 

Pemco Conversions has launched a passenger-to-full-freighter conversion program for the Boeing 737-700, the first of which would enter service with Bahraini non-scheduled cargo operator Texel Air.  The Tampa-based maintenance, modifications, and engineering company announced it the first week in February.

Texel’s parent company, Chisholm Enterprises, collaborated with Pemco to develop the conversion for use out of Bahrain International Airport.  Chisholm also served as the launch customer for Pemco’s 737-700 FlexCombi converted freighters supplemental type certificate for which remains pending.

“As we developed the 737-700 FexCombi conversion, our understanding of their requirements grew, allowing us to implement comprehensive solutions that enhance our vision of the 737-700 full freighter.  This made Chisholm the ideal launch customer for the conversion,” said Pemco director for conversion programs Mike Andrews.                                     

Pemco plans to receive a 737-700 for full freighter modification at its headquarters in Tampa during the second quarter of this year. The Company plans to amend its pending application with the FAA for the 737-700 FC STC to accommodate the full freighter conversion in an effort to streamline the approval process.  After gaining FAA approval, Pemco plans to certify both 737-700 conversion programs with the European Aviation Safety Agency and the Civil Aviation Administration of China.

When the aircraft is delivered to Texel Air, it will join two 737-300 converted freighters in Texels fleet.

Source : ainonline/Picture Texel Air                                                                                                        

Maintenance, Repair and Overhaul News

                          United Breaks Ground on a New                                             Technical Operations Center at LAX

United Airlines and Los Angeles World Airports(LAWA) broke ground on February 28 on a state-of-art Technical Operations center (TOC) at Los Angeles International Airport(LAX) that will enable the airline to provide exceptional service for all its aircraft fleets. The new facility will include two connected buildings-a ground service equipment and facilities maintenance building and a line maintenance hanger, including an engine support shop that will focus on the aircraft’s Dreamliner fleet.

The commencement of this $352 million TOC pushes the airline’s investment at its Los Angeles hub to nearly $1 billion in recent years.

The new TOC will consolidate two facilities that United currently operates at LAX that are located a half mile apart, improving efficiency with not only moving aircraft around the airport .With this new facility, transporting employees, parts, tools and other supplies-ultimately leading to more efficient operation for customers.

The TOC will be located near the airline’s terminal and stand at 407,408 square feet. The facility’s hanger will be able to accommodate up to six narrow-body and two wide body aircraft at a time, supporting United’s 150 flights that depart from LAX every day.

Source : United Airlines

                         

 

 

Researched and Compiled by : 

Ed Kaplanian    Commercial Aviation Advisor 

Contact – ekaplanian@msn.com

Editor:   Lee Kaplanian 

Volume 5 Issue 8 The Kaplanian Report

ON THE BOEING FRONT

Boeing Creates One-Stop Shop for Jets and Services in Airbus Battle

Boeing has reorganized its sales operations as part of a push into services that has helped it take a lead over rival jet maker Airbus this year.

Boeing set up a standalone division in 2017 to build a $50 billion business in services for the civil and defense aircraft. These can include repairs, crew rostering, parts and even wind forecasts. It previously offered fewer, more dispersed services.

Now sales of jetliner services have been brought under the same umbrella as plane sales, headed by senior vice president Ihssane Mounir, Boeing Co’s overall commercial sales chief.

The previously unreported move, which started late last year designed to increase the number of deals and boost profits as it will make it easier for Boeing to sell high-margin services at the same time as it sells planes. The change comes as airlines try to keep a lid on costs by planning jet purchases and long-term operations together.

“We approach the campaigns in a much more comprehensive way than we have ever done before” said Mounir, whose role was expanded to include responsibility for jetliner-related services across the group.

Though Mounir will oversee certain services sales, income will still be reported under the Boeing Global Services unit.

Boeing has sharpened its sales offensive by deploying both Mounir and Commercial Airplanes CEO Kevin McAllister, a former General Electric steeped in analytics.

Source : Reuters/Boeing

Boeing to Take 80% in Embraer’s Commercial Business

Following months of negotiations, Boeing and Embraer have signed an MOU to set up a joint venture(JV) comprising Embaer’s commercial aircraft and services business.

The non-binding agreement, announced July 5, sees Boeing to take 80% stake in Embraer’s commercial operations, while Embraer will control the remaining 20%. Management of the new company will be based in Brazil and will be led by a president and CEO who will report to Boeing CEO Dennis Muilenburg.

Boeing will “have operational and management control of the new company,” it said.

The companies expect the transaction to close by the end of 2019 following all shareholder and regulatory approvals, including support by the Brazilian government.

The proposed transaction values Embraer’s commercial aircraft business at $4.75 billion, Boeing therefore pays $3.8 billion for the 80% stake. Financial and operational details and a definitive agreement still need to be worked out ”in the coming months.”

Separately, the two companies announced they will also cooperate in developing new markets and applications for defense products, most notably, the K-390 military transport aircraft. For these activities, another JV will be set up.

Source : Boeing/Picture Boeing-Embraer        

           

ON THE AIRBUS FRONT

  Airbus Completes Takeover of Bombardier Series Program

Airbus and Bombardier confirmed the transaction transferring majority control of the Series program to Airbus was completed as scheduled on July 1.

Under the terms of the agreement reached in October 2017, Airbus now owns a 50.01% stake in the Series Aircraft Limited Partnership(CSALP), Investissement Quebec owns approximately 34% and Bombardier holds 16%.

CSALP’s head office and primary Series final assembly line will remain based in Mirabel, Canada. Philippe Balducchi, who formerly was Airbus Commercial Aircraft’s performance management chief, has taken over as the head of CSALP.

The 110-150-seat narrow body aircraft, which is available in two variants (the CS100 and CS300), will immediately become part of Airbus’ portfolio.

Bombardier has indicated its primary focus will return to the regional aircraft market and its CRJ and Q400 programs.

Source : ATW/Airbus/Airbus Picture

              

                          Airbus BelugaXL rolled out of Paint Shop

Airbus has painted its first BelugaXL freighter in a distinctive beluga livery chosen by its employees.

The initial aircraft—formally designated the A330-700L—registration number WBXL. It is one of five BelugaXLs, fitted with Rolls-Royce Trent 700 power plants, which will be manufactured to replace the A300-600 ST Beluga fleet.

The First aircraft is due to commence flight-testing this summer. Airbus will introduce the BelugaXL to service with its logistics and specialized transport arm next year. The aircraft will be capable of carrying two A350 wings simultaneously.

Source : Airbus/Airbus Picture

                   

REGIONAL/BUSINESS JETS

                Textron is Halting Production of the Cessna CitationX+

Textron Aviation calls time on Citation X after a 22-year run. The announcement follows several years of low delivery output for the Rolls-Royce AE 3007C-powered all-metal aircraft—the fastest business jet on the market with top speed of Mach 0.935.

It will be replaced by the slower but larger cabin Longitude as Cessna’s only super-midsize offering. Certification and service entry of the 10-seat twin are scheduled for this quarter.

Textron Aviation does not disclose when the final CitationX+ will roll off the production line, however, the Wichita headquartered airframer says it “continuously monitors the market as it fluctuates and adjusts its product offerings and adjusts its product offerings as necessary”.

Flight Fleets Analyzer records annual deliveries of eight examples of CitationX+ in 2015 and four each in 2016 and 2017—significantly down on the model’s 2000 peak of 37 units.

The Company says the Citation X “has become a beloved aircraft by operators and passengers alike,” with 338 examples delivered globally: 314 of the X and 24 of the X+ model.

Source : Flightglobal/Picture Textron Aviation                                                                                                  

               Pilatus PC-24 Begins Rough-Field Certification Tests

Pilatus Aircraft’s PC-24 made its first landing on an unpaved runway on June 19, following the arrival of flight-test aircraft P01 at Woodbridge airfield in the UK for a two week program of rough-field approval testing.

The PC-24 is designed to take off from and land on runways of only 2,810ft (856m), including grass and gravel strips. This feature gives the aircraft access to cover 20,000 landing sites around the globe.

“This sort of mission would not be conceivable without the PC-24’s rugged landing gear, clever flap systems and special wing design,” says Pilatus chairman Oscar Schwenk.” The PC-24 was designed with exactly this sort of operation in mind.”

The Swiss airframes sold 84 positions within36h of the order book opening in 2014.A second order round is planned for 2019.

Source : Pilatus/Picture Pilatus Aircraft               

                                                 

OTHER AVIATION NEWS

                           Emirates and Flydubai Edge Closer Together   

Dubai-based LCC flydubai has deepened its partnership agreement with local full-service carrier Emirates Airlines by adopting the Emirates Skywards product as its loyalty program.

The LCC said this “strategic move builds on the success of the initial phase of the extensive partnership.”

The agreement. announced in July last year, incorporates codesharing, but also includes several initiatives spanning the commercial, network planning and airport operations fields.

Under the adoption of Emirates’ loyalty program, members of flydubai’s OPEN loyalty program will be enrolled into Emirates Skywards from Aug. 1.  They will accumulate Skywards Miles and tier points when traveling with either airline. 

Source : ATW/ Picture Emirates

          Norwegian Installs New Slimline Seats on Its Boeing 737 MAXs

LCC Norwegian has introduced its first Boeing 737 MAX with a cabin featuring new slimline seats that the airline says are designed for more comfort on longer routes and will give taller passengers more personal space.

Norwegian is installing the new Recaro BL3710C seat on its latest aircraft. The leather seats have 30in seat pitch and are 16.8in wide. The airline says that the new seats are designed to add space at knee-level. Norwegian claims it is the first airline to install the new seat.

Norwegian has more than 100 Boeing 737 MAX on order and will take delivery of 12 this year.

Each seat weighs around 10kg-1kg (2.2lbs-0.45 lbs) less than the seats they replace, which reduces the weight of the aircraft by more than 200kg(440lbs) overall, improving fuel burn.

Source : Norwegian/PictureNorwegian                                                                                                  

Grounded COMAC C919 Test Aircraft Fly Again After Modifications

The first two Commercial Aircraft Corp.of China (COMAC) C919 flight test aircraft returned to the air on June 22 after weeks on the ground for what industry sources described as modifications.

The development program for the narrow body airliner is proceeding according to plan, COMAC said when announcing the latest flights. ”Developmental test flights, static tests, and on ground, post-sortie onboard tests and optimization are being carried out inane orderly manner,” the state manufacturer said.

The first prototype, unit 101, is at Xian, a northwestern city where program supplier Aviation Corp.of China (AVIC) has a flight-test base; the aircraft flew for 3hr.10 min. on June 22.Aircraft 102 is at Shanghai, the location of the program’s final assembly plant; its latest flight lasted 1 hr.34.min.

Unit 101 has been modified on the ground and undergone strength calibration, COMAC said, without referring to the duration of the period of non-flying. Work also included modification and calibration of the water ballast system used in flight testing. For Unit 102,COMAC said such tasks as checks on stability control have been completed. That aircraft will shortly move to COMAC’s test base at Dongying, in the eastern province of Shangdong.

COMAC said it is trying to make the first C919 delivery in 2021, following achievement of airworthiness certification in 2020.

Source : ATW/Picture COMAC

 

  LATEST NEWS

  • Ethiopian Airlines has taken delivery of its first of 30 Boeing 737 Max aircraft on July 1.

  • Iberia took delivery of its first A350-900 incorporating a “wing-Twist”. The wing twist was originally introduced on the A350-1000 and will become standard on all A350s.

  • Aegean Airlines has firmed up an order for 30 Airbus A320neo covering 10 A321neos and 20 A320neos.
  • GOL of Brazil has taken delivery of its first Boeing 737 Max 8 which was financed under a sale-and leaseback with DAE Capital that it finalized in early 2017.The deal also covers four more Max deliveries this year.
  • Jet Airways has disclosed that it is purchasing 75 additional Boeing 737 Max jets. The airline has already taken delivery of its first of 150 737 Max airplanes Jet has on order with Boeing.
  • HNA Group of China has signaled its intention to add 200 Comac C919s and 100 ARJ21s regional jets to its group fleet under a commercial pact struck with COMAC.
  • Bamboo Airways proposed Vietnamese startup airline has booted its fleet plans with a major commitment for 20 Boeing 787-9s, with deliveries tentatively set to occur in April 2020.

  • Bahamasair has agreed to purchase a Boeing 737-700 from AerCap with delivery of the aircraft expected in December of this year.
  • WestJet ULCC subsidiary Swoop took to the skies on June 20 with an inaugural flight from Hamilton to Abbotsford, marking the next major development in what is an expanding Canadian Low-cost airline scene.
  • Okay  Airways has taken delivery of the first of 10 Boeing 737 Max 8s it has on firm order.
  • Sources : Boeing, Flight international, Air Transport World & Ed’s Research

 

AIR CARGO

                     AirBridgeCargo Adds Budapest Freighter Call

AirBrigeCargo (ABC) Airlines has added a twice-weekly call at Budapest airport to its schedule as it looks to continue growing Asia-Europe volumes.

The new service will deploy Boeing 747 fighters and will operate on Tuesdays and Saturdays offering 139 tons of capacity on each flight.

Sergey Lazarev, general director, AirBrigeCargo said: ”Budapest has been expanding at a fast clip, upgrading its facilities, infrastructure, and solutions for freighter carriers and following a cargo-friendly strategy”.

“Its advantageous central location in Europe makes Budapest Airport a perfect location for carriers operating between Asia and Europe. On top of this, we foresee an upsurge of e-commerce traffic with swelling demand for internet purchases among European consumers.”

Budapest Airport chef executive Jost Lammers said: “From next year on our cargo partners in Budapest can operate from our brand new Cargo City which will provide 20,000 square meters(21,528 square feet) of warehouse space, including for AirBridgeCargo staff.”

Source : aircargonews/Picture AirBridgeCargo

    

        Boeing, FedEx Express Announce Order for 24 Freighters

On June 19,2018 Boeing and FedEx Express announced a new order for 12 767-300ERF Freighters and 12 777-200LRF freighters as the world’s largest air cargo carrier continues to invest in the industry’s most capable freighters to better serve its customers.

“We are taking another positive step in our fleet modernization program as we add more efficient, lower emission aircraft to our global fleet,” said David L. Cunningham, President and CEO of FedEx Express. ”The Boeing 767 and 777 Freighters have brought greater efficiency and reliability to our air  operations. The 777, with its tremendous range characteristics, has allowed us to provide faster transit times around the globe. We are excited to add more of these aircraft to our fleet.”

Source : Boeing/FedEx/Picture Boeing

 

MAINTENANCE, REPAIR & OVERHAUL

                                   AFI KLM E&M Adds LEAP Capabilities                                                                            

Franco-Dutch maintenance provider AFI KLM E&M has received FAA approval to provide on-wing and on-site services for CFM LEAP engines. The scope of that work may include engine build-ups, borescope inspections, or changing line replaceable units.

“AFI KLM E&M is now approved to offer its services to all operators of the LEAP-1A and LEAP-1B engines equipping the A320neo and the Boeing 737 MAX worldwide,” says Anne Brachet, EVP of the MRO provider.

AFI KLM E&M already has similar approval from EASA and while that certificate is more relevant given the company’s far bigger line maintenance presence in Europe than the US, the FAA award is further demonstration of its commitment to new technology engine maintenance.

Motivation for this comes from the current wave of overhaul demand stemming from the LEAP’s predecessor, the CFM56-5B/7B, which was a key element of AFI KLM E&M’s sales last year. LEAP overhauls will only occur from 2019 onwards and it will take significantly loner for LEAP maintenance demand to overtake that of the CFM56, but in the meantime, there will be plenty of lighter maintenance work.

“We’re establishing capabilities first and foremost inner own shops, on the GE side and the Safran side, but also, when customers are interested, we are working with third-part MRO providers,” CFM’s Alan Kelly told Engine Yearbook 2018.

Source : mro-network         

               

          HIGHLIGHTS FROM FARNBOROUGH AIR SHOW                                

   Farnborough Rolls Out Stealth Orders For Commercial Airliners

Airbus was dominant in capturing single aisle orders for their A320 and A321 and the new A220 airliners, Boeing did not do so bad on their MAX line up either.

Boeing, on the other had, was dominant in capturing both the twin aisle and the cargo  market.  The 777-200LRF captured orders from DHL, Cargo Logic and Qatar.            The so-called dead 747-8 Freighter continues to stay alive.

In the recent Farnborough air show order tracker generated by Flightglobal, the following are the totals:

Order Commitments: thru July 19th   1,263

Options :                                                   201

Total :                                                     1,464

Of the total orders commitments announced during the air show, 1,263 order commitments, plus 201 options.  In summary, Boeing said on Thursday July 19th, it had won 528 new orders and commitments at the show, buoyed by demand for freighters as air cargo markets rebound.

Airbus said it had won 431 new orders and commitments, including 60 for its newly rebranded A220, former Bombardier Series.

Not covered much during the show are the deals Boeing Global Services and Boeing subsidiary Aviall announced during the show.  Overall a successful show, the opinion of this writer.

Source : Boeing/ Flightglobal

 

                      Boeing’s Brand Value Soars in Latest Survey

Prior to the opening of the Farnborough Air Show, It was announced that Boeing is the most powerful brand in aerospace and defense.  That claim hardly was surprising, given that it is also the biggest company.  In fact, according to a new survey by brand valuation and strategy consultancy Brand Finance, the top 10 most valuable brands in the industry belong to 10 of the largest businesses by turnovers ranked by Flight Global’s Top 100.

However, what is revealing is that Brand Finance reckons Boeing’s brand is worth just short of $20 billion; more than $3.5 billion more than it was valued at in 2017, and almost $9 billion than arch-rival Airbus.

The increase in Boeing’s brand equity is down to several factors says Brand Finance consultancy.  These include that it passed the 1,000-order mark with the 787; commenced production of the 777X, and just as the report was being published, announced its new venture with Embraer on commercial aircraft.

 

Source : Flightglobal/Brand Finance Consultancy.

Researched and Compiled by :

Ed Kaplanian    Commercial Aviation Advisor 

Contact – ekaplanian@msn.com

Editor:   Lee Kaplanian