Boeing Expects to Sell 100-200 Tankers (BA) (Dividend.com)
Chris Chadwick, president of The Boeing Company (NYSE:BA)’s military aircraft segment reported that he now sees the company selling 100 to 200 of its KC-46 refueling tankers in the next few years to international customers. Chadwick commented, “we had phone calls within the first hour after we were awarded the KC-46 from international customers. There’s a pent-up demand for this kind of capability.” The company is now focusing on the development of its new military aircraft and is working with the U.S. Air Force to meet demands for military planes.
Qatar Airways announces new Boeing 777-300ER order (USA TODAY)
Qatar Airways has announced an order for nine additional The Boeing Company (NYSE:BA) 777-300ER jets. The deal would be valued at $2.8 billion at list prices, though Qatar Airways is all but certain to have negotiated a discount rate. The deal includes a firm order for two 777-300ERs and options for seven more, though Qatar Airways CEO Akbar Al-Baker noted the airline’s history of taking planes it’s had on option. “We do not make orders to have planes on paper,” Al-Baker said. The planes are scheduled to begin arriving to the Doha-based carrier early next year.
Paris Air Show: Airbus Beats Boeing (Sky News)
The two rivals announced a slew of orders at the Paris Air Show, where they traditionally battle for supremacy in the booming market for airliners. But Airbus came out on top on day one with three times the order book compared to The Boeing Company (NYSE:BA). It secured at least £11.6bn in orders compared to £3.87bn for Boeing. The aviation giants are fighting to get an edge in the market for long-haul wide-body planes at this year’s show, which started north of Paris under black skies, thunder, lightning and torrential rain.
Boeing Moving Ahead on Making New Planes (New York Times)
The Boeing Company (NYSE:BA)’s full-court press to address the risk of battery fire on its flagship 787 Dreamliner jet this year has not slowed progress on the company’s other planes in development, including a revamped version of its popular 777 wide-body, Raymond L. Conner, chief executive of The Boeing Company (NYSE:BA)’s civil aircraft division, said here on Sunday. But he did acknowledge that the company was struggling to dispel lingering questions among some passengers and pilots about whether the measures Boeing had taken to eliminate those risks were sufficient.
Japan’s Skymark orders four Boeing planes (Channel News Asia)
Japan’s Skymark Airlines on Monday announced it would buy four of The Boeing Company (NYSE:BA)’s 737 MAX planes, the first Japanese airline to choose the US firm’s new mid-range plane. “It’s a commitment to a minimum of four firm orders and we’re still in discussions on how the transition of the whole fleet will go,” John Wojick, vice president of global sales for Boeing, told reporters at the Paris Air Show. Skymark currently has 30 of the US firm’s mid-range 737 planes, and will have five more of those by next year. It then intends to gradually renew its entire fleet with the newer 737 MAX aircraft, which has yet to come into service.