Tag Archives: Boeing

WestJet orders 10 firm Boeing 787-9 Dreamliners + 10 options

WestJet on May 2, 2017 announced a definitive purchase agreement with The Boeing Company for up to 20 Boeing 787-9 Dreamliner aircraft. This agreement includes commitments for 10 Boeing 787-9 aircraft to be delivered between the first quarter of 2019 and December 2021, with options for an additional 10 aircraft to be delivered between 2020 and 2024. The airline also announced it has selected General Electric’s GEnx-1B engine for the 787.

As part of this purchase agreement, WestJet is converting 15 firm orders for the Boeing 737 MAX that were to be delivered between 2019 and 2021 to options available between 2022 and 2024.

On the financial side, WestJet also announced its 48th consecutive profitable quarter, with first quarter 2017 net earnings of $48.3 million (all amounts in Canadian dollars), or $0.41 per diluted share. This compares with quarterly net earnings of $87.6 million, or $0.71 per diluted share reported in the first quarter of 2016. These first quarter 2017 results include a pre-tax non-cash adjustment to its maintenance provision of $18.5 million and irregular operations related costs of $7.0 million due to severe winter weather experienced in the quarter. Based on the trailing twelve months, the airline achieved a return on invested capital of 10.0 per cent, compared with the 11.3 per cent reported in the previous quarter.

“We are pleased to report strong topline revenue growth and our first positive unit revenue (RASM) performance in eight quarters. We are seeing good results from Plus, our premium economy product, growth in our WestJet Rewards program and penetration into the business traveller segment all of which gives us confidence that RASM will continue to improve for the remainder of the year,” said WestJet President and CEO Gregg Saretsky. “I want to thank our over 12,000 WestJetters for their continued dedication to safely providing our growing number of guests with WestJet’s award-winning brand of friendly caring service, especially given the challenging winter weather conditions we endured in the quarter.”

Image: WestJet.

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Silk Way announces an order for 10 737 MAX 8s

The first Boeing 737 MAX 8

Silk Way and Boeing announced an order for 10 737 MAX 8 airplanes. The order, valued at $1.1 billion at current list prices, was previously attributed to an unidentified customer on the Boeing Orders & Deliveries website.

 

Azerbaijan-based Silk Way Group includes 23 companies working in the aviation industry and related services including passenger and cargo airlines. The airline currently operates seven Boeing airplanes, including two 767-300 Freighters, three 747-400 Freighters and three 747-8 Freighters.

Copyright Photo: Boeing 737-8 MAX 8 SSWL N8701Q (msn 42554) BFI (Steve Bailey). Image: 931526.

Iran Aseman Airlines signs MOA for 30 Boeing 737 MAX aircraft

Boeing 737-8 MAX 8 SSWL N8703J (msn 42556) BFI (Nick Dean). Image: 934344.

Boeing confirms the signing of a Memorandum of Agreement (MOA) with Iran Aseman Airlines, expressing the airline’s intent to purchase 30 Boeing 737 MAX airplanes with a list price value of $3 billion. The agreement also provides the airline with purchase rights for 30 additional 737 MAXs.

According to the U.S. Department of Commerce, an aerospace sale of this magnitude creates or sustains approximately 18,000 jobs in the United States. Deliveries would be scheduled to start in 2022.

Boeing negotiated the MOA under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord signed in 2015. Boeing will look to the Office of Foreign Assets Control for approval to perform under this transaction. Boeing continues to follow the lead of the U.S. government with regards to working with Iran’s airlines, and any and all contracts with Iran’s airlines are contingent upon U.S. government approval.

Copyright Photo: Boeing 737-8 MAX 8 SSWL N8703J (msn 42556) BFI (Nick Dean). Image: 934344.

Boeing 787-10 Dreamliner completes its first flight

787-10 First Flight

The Boeing 787-10 Dreamliner took to the skies for the first time on March 31, 2017 at Boeing South Carolina. The airplane, which is the newest and longest model of the 787 family, completed a successful flight totaling four hours and 58 minutes.

Boeing continued;

Piloted by Boeing Test & Evaluation Capts. Tim Berg and Mike Bryan, the airplane performed tests on flight controls, systems and handling qualities. The 787-10 will now undergo comprehensive flight testing before customer deliveries begin in the first half of 2018.

Boeing Flight Test & Evaluation, Boeing South Carolina, Flight Test, 787-10 Dreamliner, ZC001, First Flight, 03/31/2017

The 787-10 has won 149 orders from nine customers across the globe including launch customer Singapore Airlines, Air Lease Corporation (ALC), All Nippon Airways (ANA), British Airways, Etihad Airways, EVA Air, GE Capital Aviation Services (GECAS), KLM Royal Dutch Airlines and United Airlines.

As an 18-foot (5.5-m) stretch of the 787-9, the 787-10 will deliver the 787 family’s preferred passenger experience and long range with 25 percent better fuel per seat and emissions than the airplanes it will replace and 10 percent better than today’s competition.

The 787 Dreamliner family is a key part of Boeing’s twin-aisle airplane strategy, which offers a modern, optimized and efficient airplane family in every market segment. Since entering service in 2011, the 787 family has flown more than 152 million people on over 560 unique routes around the world, saving an estimated 14 billion pounds of fuel.

Photos: Boeing.

Flybondi selects the Boeing 737-800 as its launch aircraft

Flybondi (flybondi.com) (Buenos Aires), a new low-cost carrier in Argentina, has selected the Boeing 737-800 as its launch aircraft. The new carrier is planning to launch operations in September 2017.

The new airline would also like to add the Boeing 737 MAX 200.

Video:

Gol introduces its #VoaCanarinho logo jet

Gol Linhas Aereas has rolled out this Boeing 737-8EH registered PR-GUK (msn 35852) on March 3, 2017. The new logo jet is named #VoaCanarinho because of the yellow canary on the tail.

The airline and Confederação Brasileira de Futebol renewed their partnership for four more years.

#Voacanarinho!

Gol is the official airline of the Brazilian National Football Team.

Photos: Gol.

Boeing delivers the first 787-9 Dreamliner to Korean Air

Boeing and Korean Air on February 22, 2017 celebrated the delivery of the airline’s first 787-9 Dreamliner. The Seoul-based carrier will be the first Korean carrier to operate the 787-9 Dreamliner in the country. The airline is scheduled to launch domestic flights to Jeju from Seoul (Gimpo) for a month as part of the required certification period, before launching long-haul international routes to Toronto, Madrid, and Zurich later this year.

Korean Air is scheduled to introduce five 787-9 Dreamliners to its fleet this year with another five joining the fleet by 2019.

Photo: Boeing. Boeing 787-9 Dreamliner HL8081 (msn 34810) is pictured at Charleston, SC.

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