Company Watch - Boeing.


New York (AirGuideBusiness - Company Watch) Sep 4, 2011

Air Austral has taken delivery of the first of two Boeing 777-200LRs it has on order. Aug 30, 2011

AirBridgeCargo Airlines launched thrice-weekly Maastricht-Amsterdam-Yekaterinburg-Krasnoyarsk-Zhengzhou Boeing 747-400F service. Sep 2, 2011

Aircraft deliveries will stay strong despite bear market. Recent market declines should not pose a material risk to the aircraft delivery outlook over the next three to four years, according to Bernstein Research. The New York research group said that the backlogs at Airbus and Boeing are almost double where they stood at the beginning of previous downturns OAirbus and Boeing are each sold out on production into 2015, even with rising production rates, with many deliveries scheduled even later,O Bernstein said. OEven if some customers cancel orders, we believe that slots will be picked up by others, as was the case in 2008-2010.O Bernstein noted that demand was coming from emerging markets (even under more modest GDP scenarios) and from the need to replace ageing fleets with more fuel-efficient aircraft. Even after the stock market decline began, demand has continued in the Asia-Pacific region. OWe expect that any downturn this cycle will qualitatively resemble what we saw in late 2008 through early 2010, when there was contraction in global GDP and traffic, but only minimal impact to customer deliveries. In the last cycle, traffic was down during the downturn, but deliveries stayed strong, and orders outpaced deferrals and cancellations at Boeing even during the downturn,O Bernstein said. Aug 30, 2011

Analyst upgrades AMR from "sell" to "neutral". James Higgins, an analyst at Ticonderoga Securities, has lifted his outlook on American Airlines' parent, AMR, from "sell" to "neutral." Higgins praised AMR's decision to buy 460 Boeing 737 planes, which will build a more fuel-efficient fleet with lower maintenance costs. "In our view, there are far better opportunities in this beaten-down group, but with ample cash and a scant $1.1 billion in equity market value representing only 6% of adjusted enterprise value, we believe the reward/risk outlook for the shares is close to even," said Higgins. Aug 30, 2011

American Airlines Unveils New Suite of Premium Products on International Flights. As part of its focus on continually improving the customer experience, American Airlines is introducing a new suite of premium class amenities. The product additions are designed with the customer's comfort and convenience in mind and will roll out on select international flights in First and Business Class cabins beginning Sept. 1. Beginning Sept. 1, customers traveling onboard American's flights between the U.S. and London Heathrow (LHR) will be among the first to enjoy the new offerings. First Class customers traveling onboard Boeing 777s between the U.S. and Heathrow will receive a quilted bed topper custom-designed to fit American's popular Flagship Suite, pajamas and slippers as part of the airline's new turndown service. A lightweight day blanket, new premium duvet and pillow, and an amenity kit featuring a bag with an authentic Eames Office[umlaut] design pattern and containing Dermalogica[umlaut] skincare products and other travel necessities complete the new suite of amenities. Also beginning Sept. 1, customers traveling in American's Business Class cabin onboard flights between the U.S. and LHR operated by Boeing 777s, 767-300s and international 757s can enjoy a new premium duvet and pillow, slippers, and amenity kit. Beginning Oct. 1, the full suite of products, including the turndown service, will roll out in American's First Class cabins onboard all international flights served by Boeing 777s. Also on Oct. 1, American's Business Class cabins onboard all international flights operated by Boeing 777s and 767-300s, in addition to select flights to and from Europe operated by Boeing 757s, will begin offering the new premium duvet and pillow, slippers, and amenity kit. American's new suite of products is another example of how the airline is working [ETH] across the company [ETH] to enhance the travel experience. In addition to rolling out this array of amenities and investing in its fleet, American is taking steps to outfit its aircraft with a cutting [ETH] edge inflight entertainment experience. Earlier this month, American became the first North American airline to launch Entertainment on Demand, an inflight streaming video product, onboard its fleet of 767-200s. Beginning later this year the airline will replace its personal entertainment devices (PEDs) with Samsung Galaxy Tab 10.1 devices in First and Business Class cabins on select 767-300, 767-200 and 757 flights. For more information on American's new suite of amenities, including detailed descriptions of each product, visit: Aug 29, 2011

DOE awards grant to Boeing, Imperium to study renewable jet fuel. The Department of Energy has announced it will award up to $4 million to study new methods of converting biomass-based ethanol into jet fuel. "Investments aim to accelerate the discovery of innovative solutions that could drive down the cost of biofuels production and boost their availability in the marketplace," said U.S. Energy Secretary Steven Chu. Sep 2, 2011

Boeing 747-8 Freighter First Delivery Set for Sept. 19. Boeing will deliver the first 747-8 Freighter to launch customer Cargolux Sept. 19 at Paine Field in Everett, Wash. Cargolux will fly the airplane away that morning and put the airplane into revenue service. Boeing will celebrate the first delivery with Cargolux, employees and other stakeholders the following day at the Everett factory. Cargolux will take delivery of the second 747-8 Freighter Sept. 21. The carrier has a total of 13 of the airplanes on order. "It is great to receive our first two 747-8 Freighters within just a few days," said Frank Reimen, president and chief executive officer of Cargolux. "In a sense, history is repeating itself. We were pioneering the cargo industry when we put the first 747-400 Freighter into revenue service in 1993. This is what we do once again with the 747-8 Freighter, which is ultimately a testimony of our good and long-standing partnership with Boeing. We are proud to be the world's first cargo operator to benefit from the game-changing performance and efficiency of this ground-breaking aircraft." The 747-8 Freighter is the new high-capacity 747 that will give cargo operators the lowest operating costs and best economics of any freighter airplane while providing enhanced environmental performance. It is 250 feet, 2 inches (76.3 m) long, which is 18 feet and 4 inches (5.6 m) longer than the 747-400 Freighter. The stretch provides customers with 16 percent more revenue cargo volume compared to its predecessor. That translates to four additional main-deck pallets and three additional lower-hold pallets. Sep 2, 2011

"Unbundling" makes flying economy a hassle. The Boeing 787 Dreamliner may improve conditions for economy-class travelers. But the travel class is generally an unpleasant experience, this column says. "Crowded planes, poor legroom and declining onboard service are common euphemisms describing today's economy class experience," the writer notes. The aircraft is capable of flying very long flights, so it is hoped that the airlines will install...

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