Aviation News, Boeing, Airbus

AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD

Boeing (NYSE: BA) and Nakash Group of America have revealed an order for two Boeing 787-9 Dreamliners.

Nakash Group of America is a multinational conglomerate that owns Arkia Israeli Airlines. The 787s will be operated by Arkia, which is based in Tel Aviv, making it the first airline in Israel to offer 787 services to its passengers.

The order is reportedly valued at USD366m at list prices and deliveries are scheduled for 2012. Nakash Group also has options for two additional 787-9s.

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AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD

United States-based aircraft maker Boeing has today (28 November) received its second multi-billion dollar order in two weeks from Germany’s Air Berlin.

Air Berlin will reportedly spend USD5.7bn on new aircraft. The carrier has ordered an additional 60 Boeing aircraft, taking the total number of 737s ordered to 85.

Reuters reported that this latest order from Air Berlin makes it the largest order of 737s from Germany. The aircraft are scheduled for delivery between 2007 and 2014.

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AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD

Aeromexico, a Mexican airline, has ordered two more 787-8 Dreamliners and ten Next-Generation 737-700s from Boeing Company (NYSE:BA).

The two 787-8s are expected to be delivered in 2011, with the new 737-700s scheduled for delivery in 2010. The 787-8 has a list price of USD148m to USD158m, while the 737-700s are priced at USD54m to USD64m.

Aeromexico plans to use the twin-aisle 787s and 777s on routes to Asia, Europe and South America, replacing Boeing 767s and providing point-to-point, long-range capability and flexibility to meet changing capacity demands.

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Aeromexico has already placed orders for six Next-Generation 737s earlier this year. In addition the carrier recently took delivery of two 777-200ERs, leased from International Lease Finance Corp (ILFC), and will also lease three 787-8s from ILFC, with deliveries starting in 2010.

AIRLINE INDUSTRY INFORMATION-(C)1997-2006 M2 COMMUNICATIONS LTD

The Boeing Company (NYSE: BA) and the International Association of Machinists & Aerospace Workers Local 2709 (IAM) have reached a tentative agreement on a new three-year contract.

Boeing said that, if ratified on 15 November, the contract will end a strike at its Oak Ridge facility that began on 6 August. Employees will be scheduled to return to work starting on 27 November.

Boeing has also announced programmes for IAM-represented employees facing lay-offs because work was transferred to other locations to meet customer commitments during the strike. These programmes include opening a Career Transition Center, keeping affected employees on the Boeing payroll for 60 days, and extending health care benefits for these employees and their families.

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