Tag Archives: Boeing

Boeing and Embraer confirm discussions on potential combination

Boeing issued this statement:

The Boeing Company and Embraer have confirmed the two companies are engaged in discussions regarding a potential combination, the basis of which remains under discussion.

There is no guarantee a transaction will result from these discussions. Boeing and Embraer do not intend to make any additional comments regarding these discussions.

Any transaction would be subject to the approval of the Brazilian government and regulators, the two companies’ boards and Embraer’s shareholders.

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Boeing’s statement on the ITC Hearing concerning “Bombardier’s Harm to U.S. Industry”

The Boeing Company released the following statement regarding the public hearing at the International Trade Commission (ITC) on Bombardier’s illegal business practices with its C Series aircraft and how those practices have harmed U.S. domestic industry.

“Boeing brought this case seeking enforcement of U.S. trade law, which mirrors the widely-accepted rules of international trade adopted by most WTO member nations, including Canada. The resulting Department of Commerce and ITC investigations are part of a longstanding, transparent, and rigorous fact-based process for resolving precisely these sorts of commercial trade disputes. Today’s hearing was simply the next step in that process, as the ITC considered extensive evidence that underscored the harm Bombardier’s unlawful actions have caused U.S. industry.

“These investigations have already established beyond question that Bombardier has taken billions of dollars in illegal government subsidies to prop up its C Series program. The C Series would not even exist at this point but for those subsidies. The investigations have also left no doubt Bombardier used these government funds to dump aircraft into the U.S. market at absurdly low prices, millions below their cost of production and millions below the price of the same aircraft in Canada. Bombardier’s conduct is flatly inconsistent with U.S. trade law, and it has caused severe harm to Boeing, its employees, and its suppliers.

“Boeing welcomes competition, but it must be competition on a level playing field. Bombardier can sell their aircraft anywhere in the world, so long as they follow the law and comply with the trade rules we have all agreed to.”

GECAS takes delivery of its 394th – and last – Next-Generation Boeing 737

GECAS issued this statement:

Culminating a 20-year history of new orders for the type, GECAS has received its 394th and final skyline order of Boeing’s Next Generation 737. Just over a month prior to Boeing delivering its first 737 MAX to GECAS in January, the lessor took delivery of its final skyline NG order last week.

GECAS 7378NG

With an initial order placed in 1996, GECAS’ NG orderbook accounts for roughly one of every 15 NGs delivered to date. Surpassing other lessor’s skyline orders for the type, GECAS’ placements of NG’s have been leased to 64 operators across 32 countries. Exclusively powered by CFM-56 engines, the narrowbody has served the airline industry for decades and is ideally suited for both commercial passenger and cargo aircraft.

In addition to new orders, GECAS has also provided new aircraft lease financing on an additional ~270 737NGs to customers around the world.

GECAS currently has 170 737 MAX airplanes on order, with the first delivery scheduled for January 2018.

Image: Boeing.

LOT Polish Airlines to introduce its new Boeing 787-9 Dreamliners in 2018

LOT Polish Airlines is adding three new Boeing 787-9 Dreamliners next year. The new 787-9s will be leased from the Aviation Capital Group.

The Boeing 787-9 a stretched version of the current Boeing 787-8.

In LOT’s three class configuration the 787-9 will fly 294 passengers: 24 in business, 21 in premium and 249 in economy class. The 787-9 will be the largest aircraft in the history of LOT.

The flag carrier is planning to add the new type to Chicago (O’Hare) on March 30, 2018 according to Airline Route followed by New York (JFK) on April 30, 2018. Seoul (Incheon) will also see an upgrade to the 787-9 on June 30, 2018 and Toronto (Pearson) on July 1, 2018.

LOT Business Class on the Boeing 787:

LOT Premium Economy on the Boeing 787:

LOT Economy Class on the Boeing 787:

All images by LOT Polish Airlines.

Video:

Okay Airways finalizes its order for five Boeing 787-9 Dreamliners

Okay Airways (OKAir) and Boeing have finalized an order for five 787-9 Dreamliners for $1.4 billion, according to an announcement by Boeing.

Previously in June 2017 at the Paris Airshow, the company signed a memorandum of understanding (MOU) for five 787-9 Dreamliners as part of its long-term fleet strategy and expansion.

Okay Airways is headquartered in Beijing with its main hub at Tianjin Binhai International Airport. Its all-Boeing jetliner fleet includes 17 Boeing 737-800s, four Boeing 737-900ERs and one Boeing 737-300 Freighter, which serves more than 50 domestic and regional destinations.

Image: Boeing.

Somon Air signs LOI to acquire its first Boeing 787-8 Dreamliner

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Somon Air and Boeing have signed a Letter of Intent (LOI) to purchase a new Boeing 787-8 Dreamliner. The new aircraft type is expected to arrive in Tajikistan in 2018.

The signing was held on November 14, 2017 in Dubai at the Dubai Airshow.

Photo: Somon Air.

 

Boeing, SCAT Airlines finalize order for six 737-8 MAX 8s

Boeing and Kazakhstan-based SCAT Airlines (SCAT Air Company) have announced an order for six 737-8 MAX 8s on the final day of the 2017 Dubai Airshow.

The agreement, valued at $674 million at current list prices, also includes purchase rights for five additional 737 MAX 8s.

SCAT Airlines currently operates a fleet of 737s, 757s and 767s.

Image: Boeing.