SINGAPORE, 10 February 2017: Singapore Airlines said Thursday it had ordered 39 Boeing passenger planes worth USD13.8 billion as it seeks to expand its capacity in the face of growing competition.
The carrier said it had signed a letter of intent with the US manufacturer for 20 of its 777-9s and 19 of its 787-10s, with options for six more of each aircraft, bringing the total to 51 if exercised.
“Today’s major order for wide-body aircraft enables us to continue operating a modern and fuel-efficient fleet, providing the SIA Group with additional expansion opportunities to ensure that we retain our industry-leading position,” chief executive Goh Choon Phong said in a statement. Read more
BEIJING, 7 February 2017: China’s first home-grown big passenger plane will make its maiden voyage in the first half of this year, state media said, Monday, as the country seeks to challenge foreign giants Airbus and Boeing.
The C919 narrow-body jet is expected to “realise its blue-sky flight dream” in the first six months of 2017, the People’s Daily newspaper reported, with the installation of on-board systems almost completed.
The plane, produced by the state-owned Commercial Aircraft Corp of China (COMAC), was originally scheduled to make its debut journey in 2015, but the date was repeatedly pushed back as it underwent additional testing and certification. Read more
NEW DELHI, 16 January 2017: A major acquisition by Indian budget airline SpiceJet, this week, underscored the vast potential of the world’s fastest-growing aviation market.
But there is another side to the story. Experts say woefully inadequate infrastructure and high operating costs could threaten the industry’s rapid expansion.
India’s burgeoning middle classes are taking to the skies in ever greater numbers, with passenger growth of 20% in 2015 according to industry body IATA — nearly double China’s 11% increase over the same period. Read more
NEW YORK, 5 January 2016: Boeing won a contract to supply 75 single-aisle 737 Max 8 planes to General Electric’s airplane leasing arm worth USD8.25 billion at current listed prices, the companies announced Wednesday.
The order, booked in December, increases GE Capital Aviation Services’ backlog of the popular Boeing model to 170 planes.
Boeing said its 737 Max model has had a total of 3,419 orders, making it the aerospace giant’s fastest-selling plane in history. Read more
SUVA, FIJI, 24 November 2016: Fiji Airways announced on Wednesday it had ordered five new Boeing 737s — reportedly worth USD470 million — as part of a fleet upgrade programme at the Pacific nation’s flag carrier.
The airline said it would take delivery of two Boeing 737 MAX 8 aircraft next year and three more in 2018 to replace five earlier-model 737s currently operating.
It did not reveal the cost of the deal but local media reports put the price at FJD1.0 billion (USD470 million). Read more
BANGKOK, 22 November 2016: Nok Air a low-cost airline based in Bangkok took delivery of a new Boeing 737-800 last week.
The aircraft with 189 seats will be used on domestic routes and also to expand services to China.
“This is our 23rd Next-Generation 737-800 in our growing Boeing fleet. The 737 will continue to form the backbone of our fleet and support our growth strategy,” said Nok Air CEO, Patee Sarasin. Read more
DUBAI, 11 November 2016: Emirates has adopted an all Airbus A380 and Boeing 777 fleet after retiring the last of its Airbus A330 and A340 aircraft.
This makes Emirates the first and only airline worldwide to rely entirely on a fleet of all Airbus A380 and Boeing 777 aircraft.
Emirates recently retired the last of its 29 Airbus A330s. The last of the A330 joined the fleet in 2002 and had flown for over 60,000 hours traveling close to 45 million kilometres in 14.5 years. Read more
ZHUHAI, 3 November 2013: Aerospace giants Boeing and Airbus took pot shots at one another at the Zhuhai air show, as the US and European rivals seek to capture more of China’s booming aircraft market.
China is one of the Western manufacturers’ key battlegrounds, with its travellers taking to the skies in ever-growing numbers.
The country’s airlines will need nearly 6,000 new planes worth USD945 billion over the next two decades, Airbus said in its 2016 to 2035 Global Market Forecast. Read more
BANGKOK 13 October 2016: Thai Airways International and Boeing hosted a photo exhibition to mark the US aircraft manufacturer’s 100 year anniversary.
The photo exhibition chronicles the history of Boeing and its role in assisting the growth of aviation in Thailand and Southeast Asia.
Boeing has been a major player in Asian aviation since World War II. Read more
WASHINGTON, 26 September 2016: Boeing and US trade officials declared victory, at the weekend, after the World Trade Organisation ruled that the European Union failed to end illegal subsidies for Airbus.
The EU and member states did not implement an order to remove subsidies that Boeing alleges helped Airbus beat it in major multi-billion dollar contract battles, the global free-trade arbiter said in Geneva.
The WTO found that Airbus had won aircraft sales deals over Boeing in Europe, China, India and other countries helped by USD22 billion in illegal subsidies, US Trade Representative Michael Froman said. Read more