23 Jul 2018

USA Aviation Industry Newsletter 23 July

Boeing Announces New Commitments with Two Airlines for 15 787 Dreamliners Boeing and two undisclosed airlines have reached agreements to buy a total of 15 787-9 Dreamliners valued at $4.2 billion per current list prices, the company announced at the 2018 Farnborough International Airshow. One of the airlines would become a new 787 customer. The second airline is adding more 787s to their Dreamliner fleet. Both commitments will be reflected on Boeing's Orders and Deliveries website once they are finalized. Boeing, British Airways Announce Commitment for Three 777 Airplanes Boeing and British Airways announced a commitment for three 777-300ER (Extended Range) airplanes. British Airways will take the 777s on an operating lease with a leasing company. The carrier is one of the world's largest operators of the long-range jet, operating 58 777-200ER and 777-300ER airplanes across its global network. Boeing, Hawaiian Airlines Finalize Order For Up To 20 787 Dreamliners Boeing and Hawaiian Airlines announced the companies finalized an order yesterday for 10 787-9 Dreamliners, valued at $2.82 billion at list prices. The deal also includes purchase rights for 10 additional 787s. Hawaiian announced in March that it had selected the 787-9 Dreamliner to serve medium to long-haul routes, signing a letter of intent for the aircraft. Boeing, Novus Announce Commitment for Up to Four 777-300Ers Boeing and Novus Aviation Capital, announced its first direct agreement with Boeing for up to four 777-300ERs (Extended Range) at the 2018 Farnborough International Airshow. The commitment carries a list-price value of $1.44 billion and will be reflected on Boeing's Orders and Deliveries website once it is finalized. Boeing Signs Commitment with Customer for 100 737 MAX Airplanes Boeing and an unidentified customer reached an agreement during the 2018 Farnborough International Airshow for an additional 100 737 MAX airplanes, the company announced. The commitment carries a list-price value of $11.7 billion and will be reflected on Boeing's Orders and Deliveries website once it is finalized. Boeing Signs Commitments for 40 High-Capacity 737 MAX 8s, 53 MAX 8 Airplanes Boeing and four customers have signed commitments for a total of 93 737 MAX airplanes, including a carrier that has committed to 40 of the high-capacity version of the MAX 8 airplane. The commitments, valued at nearly $11 billion at current list prices, were announced at the 2018 Farnborough International Airshow. The agreements will be reflected on Boeing's Orders and Deliveries website when they have been finalized. The four unidentified customers hail from the airline and airplane leasing industries. CFM logs $15.7 billion in orders at 2018 Farnborough Airshow CFM International announced orders and commitments for just over 858 LEAP and CFM56 engines at the 2018 Farnborough Airshow, in addition to long-term services agreements, at a total value of $15.7 billion U.S. list price. Delta and WestJet to Create New Transborder Joint Venture Delta Air Lines and WestJet have signed a definitive agreement to create a comprehensive transborder joint venture arrangement that will offer customers an extensive route network within the U.S. and Canada. "Delta's future is global and together with WestJet, we can augment the two airlines' capabilities and bring together our strengths in this important trans-border market," said Ed Bastian, Delta's CEO. "Combined, we will be able to offer more destinations to customers with an integrated network, superior airline products, improved airport connections and significantly enhanced frequent flyer benefits. The JV will provide an unmatched passenger experience for customers travelling between the U.S. and Canada." GE Aviation and its Joint Venture CFM receive $22B in orders/commitments at Farnborough Air Show GE Aviation and its joint CFM International received more than $22 billion (USD) in orders and commitments for its jet engines and services at the 2018 Farnborough Air Show. Engine orders and commitments included more than 850 LEAP and CFM56 engines, 250 CF34 engines, close to 100 GE90-115B engines and almost 50 GEnx engines. Pobeda orders 15 B737 MAX 8s from 2019 Pobeda has agreed with Boeing for the order of 15 B737 MAX 8 aircraft, with delivery from autumn 2019. According to the carrier's development strategy, by 2020, its fleet should consist of 45 aircraft. Acumen Aviation © 23 July All Rights Reserved.