November 20, 2007

Boeing and Qatar Airways confirm order for 30 aircraft

Boeing (NYSE: BA) and Qatar Airways have confirmed an order for 30 Boeing 787 Dreamliners and five 777 Freighters.

Boeing said the order is valued at over USD6.1bn at list prices and had previously been listed on Boeing’s Orders & Deliveries website as unidentified.

The order was announced with a signing ceremony at the Dubai Air Show yesterday (11 November).

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Boeing Scrubs New Jet’s Takeoff

The Chicago-based aerospace giant—struggling to gear up to fulfill more than 700 orders for the new passenger jet—disappointed investors and customers with the news that the first Dreamliner would be assembled near the end of 2008 instead of midyear. An estimated 30 to 35 Dreamliners originally promised for delivery next year were pushed back to 2009.

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The company, which only last September had downplayed its manufacturing challenges, suddenly revealed that even the careful tracking of every aspect of the new aircraft from virtual design to delivery using Dassault Systemes’ product lifecycle management (PLM) software wasn’t enough to insulate it from real-world parts shortages, supplier missteps and software integration snafus.

In its latest statement to analysts and media, the company blamed the delay on “flight control software and systems integration activities” as well as “out-of-sequence manufacturing and parts shortages.” As a result of materials shortages—specifically a lack of corrosion-resistant tantalum fasteners— Boeing and its suppliers were unable to complete some assemblies in the proper sequence, causing a production holdup.

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In another sign of the Dreamliner program’s slippage, Boeing saw fit to replace former 787 general manager and vice president Mike Bair with a vice president from the company’s Missile Defense unit, Pat Shanahan.

Read the full story on Baseline: Boeing Scrubs New Jet’s Takeoff

Dollar Will Weather the Whines, Jeers and Jokes: John M. Berry

Talking about the -10
I sat down with Addison Schonland and Scott Hamilton of AirInsight, LLC this morning to record a podcast about the 787-10. [IMG] Image Courtesy The Boeing Company

Tue, 20 Nov 2007 09:05:12 -0800
Boeing, Toray in Talks to Expand $6 Billion 787 Deal (Update4)
Bloomberg - Nov. 20 (Bloomberg) — Boeing Co. is in talks with Japan’s Toray Industries Inc. to expand a $6 billion contract to supply carbon-fiber sheets for the 787 Dreamliner, the U.S. planemaker’s fastest-selling passenger jet. The Japanese company may raise …

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Mon, 22 Oct 2007 12:08:58 EDT
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Tue, 20 Nov 2007 00:00:00 GMT
Boeing, Toray in Talks to Expand $6 Billion 787 Deal (Update4)
Bloomberg - Boeing, with an order book of 736 Dreamliners worth more than $120 billion, is counting on the jet to win back the title as the biggest maker of commercial planes from Airbus SAS. “Demand for the plane is growing at a faster-than …

Tue, 20 Nov 2007 18:41:00 GMT

Boeing confirms order from LCAL for six aircraft

Boeing (NYSE: BA) today (12 November) said leasing company LCAL has placed an order for six additional 787-8 Dreamliners, expanding its fleet to 21.

Boeing also said that the order, valued at approximately USD972m at list prices, was previously listed on the Boeing Orders and Deliveries website and attributed to an unidentified customer.

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Emirates orders 12 Boeing aircraft

Emirates and Boeing (NYSE: BA) yesterday (11 November) announced an order for 12 Boeing 777-300ER aircraft.

There’s nothing more modest than a Boeing 787

Rolls-Royce to build $320m factory at Seletar Aerospace Park
ENGINEERING giant Rolls-Royce will make engines for large commercial airplanes such as Boeing’s new Dreamliner here in Singapore.

Tue, 20 Nov 2007 12:15:41 GMT
Ethiopia: Airline Leases Two Boeing Cargo Planes for Booming Flower Exports
AllAfrica: The Ethiopian Airlines had leased two GE-powered Boeing 747-200 freighter aircraft from the South Air Inc based in Kentucky, USA.