Boeing, COMAC Expand Collaboration on Environmental Efficiency and Sustainable Growth

Boeing-COMAC Sustainable Aviation Technology Center to pursue mutually beneficial research in materials recycling, air travel for aging populations, workplace safety

ZHUHAI, China, Nov. 1, 2016 /PRNewswire/ — Boeing [NYSE:BA] and Commercial Aircraft Corp. of China (COMAC) today signed a new agreement to expand their joint research collaboration in support of the long-term sustainable growth of commercial aviation.

The two companies, which signed an initial collaboration agreement in March 2012, have been researching ways to improve aviation’s fuel efficiency and greenhouse-gas emissions reduction, including sustainable aviation biofuel and air traffic management (ATM) efficiency.

Through this new agreement, signed at the Zhuhai Airshow, the companies will explore six areas of mutually beneficial research through the renamed Boeing-COMAC Sustainable Aviation Technology Center. They will also continue to exchange commercial aviation market forecasts.

“As we approach the 45th year of collaboration between Boeing and China’s aviation industry, Boeing and COMAC are expanding our efforts to ensure commercial aviation’s long-term sustainable growth, improve its efficiency and reduce environmental impact,” said Ian Chang, vice president, Supplier Management China Operations & Business Development, Boeing Commercial Airplanes. “Our mutually beneficial research with COMAC supports Boeing’s global effort to enable growth and partner to address challenges for our industry.”

“The two companies have enhanced mutual trust and understanding during five years of working together,” said Wu Guanghui, Vice President of COMAC. “The agreement signed today extends and will bring our cooperation to a new level, enabling the two companies to leverage their own advantages for win-win results that can benefit not only China, but also the rest of world.”

Research areas for the Sustainable Aviation Technology Center will include:

  • Technologies supporting sustainable aviation fuel development and assessing the benefit to aviation of using these technologies;
  • ATM technologies and applications;
  • Environmentally sustainable manufacturing, including enhanced recycling of materials;
  • Technologies to enhance the airplane cabin environment related to environmental stewardship and air travel by aging populations;
  • New industry or international standards in aviation energy conservation and emissions reduction;
  • Improvements in workplace safety during cabin and ground operations.

As they have since 2012, Boeing and COMAC will jointly select and fund research by China-based universities and research institutions. Their initial agreement created the Boeing-COMAC Aviation Energy Conservation and Emissions Reductions (AECER) Technology Center. Since then, the Boeing-COMAC AECER Center conducted 17 research projects, leading to an aviation biofuel demonstration facility that turns waste “gutter oil” into jet fuel and three ATM software prototype systems. The Center has attracted participation of 12 domestic and international research partners.

In addition, Boeing and COMAC plan to open a joint venture facility in Zhoushan, China, that will install interiors and paint 737s before Boeing delivers these airplanes to Chinese customers.

China is one of the world’s fastest-growing aviation markets. The Civil Aviation Administration of China has forecast that passenger traffic in China will reach 485 million this year and will reach 1.5 billion passengers in 2030. Boeing has estimated that Chinese airlines will need to purchase more than 6,800 new airplanes through 2035 to meet fast-growing demand for domestic and international air travel.

Contact:
Yukui Wang
Boeing China Communications
+86 10 59055505 (Beijing)
Yukui.wang@boeing.com

Jessica Kowal
Communications
Boeing Commercial Airplanes
+ 1 206-660-6849 (Seattle)
jessica.m.kowal@boeing.com

 

SOURCE : Boeing Website

Boeing, Donghai Airlines Finalize Order for Five 787-9 Dreamliners

Resultado de imagem para boeing 787 dreamliner

SHENZHEN, China, Nov. 1, 2016 /PRNewswire/ — Boeing [NYSE: BA] and Donghai Airlines announced today the finalization of an order for five 787-9 Dreamliners, valued at $1.32 billion at current list prices.

Shenzhen-based Donghai Airlines announced its intent to order 25 737 MAX 8s and five 787-9 Dreamliners in July at the Farnborough International Airshow. Today’s 787-9 order comes just weeks after the carrier finalized its 737 MAX 8 order last month.

“Donghai Airlines has undergone steady development over the past 10 years since the beginning of our freighter operations in 2006,” said Wong Cho-Bau, Chairman, Donghai Airlines. “Under China’s One Belt One Road initiative, we will accelerate our fleet expansion plan to satisfy the rapidly growing air travel market and help build our home base Shenzhen as the transportation hub in southern China. Introducing these new next-generation airplanes that deliver the industry-leading fuel efficiency and passenger comfort in their segment market will be a key effort for us to fulfill the plan.”

“We are honored to welcome Donghai Airlines as our new 787 customer,” said Ihssane Mounir, senior vice president, Sales, Northeast Asia, Boeing Commercial Airplanes. “The 787-9 is a great addition to Donghai’s single-aisle fleet, offering a superior passenger experience and comfort, exceptional efficiency and low operating costs

The 787-9 Dreamliner can fly 290 passengers up to 14,140 kilometers in a typical two-class configuration. The airplane will deliver unmatched fuel efficiency to Donghai airlines, enabling the carrier to expand the range and quantity of services on the long-haul market. The 787-9 leverages the visionary design of the 787-8, offering passenger pleasing features such as large, dimmable windows, large stow bins, modern LED lighting, higher humidity, a lower cabin altitude, cleaner air and a smoother ride.

Donghai Airlines started freighter operations in 2006. The carrier expanded to offer passenger services in 2014. Donghai Airlines currently has a fleet of 13 Boeing 737-800s serving for more than 10 cities across China. Donghai Airlines’ fleet is expected to reach 15 airplanes by the end of this year. With extended air route network, the Shenzhen-based carrier is making great efforts to build a modern medium-scale airline with high quality.

Contact:
Yukui Wang
Boeing China Communications
+86 10 5925 5505
yukui.wang@boeing.com

SOURCE : Boeing Website

 

Boeing Board Approves Quarterly Dividend

CHICAGO, Oct. 31, 2016 /PRNewswire/ — Boeing [NYSE: BA] Chairman, President and Chief Executive Officer Dennis Muilenburgreports that the board of directors today declared a regular quarterly dividend of one dollar and nine cents ($1.09) per share.

The dividend is payable Dec. 2, 2016, to shareholders of record as of Nov. 11, 2016.

Contact:

Communications (312) 544-2002
Investor Relations: (312) 544-2140

 

SOURCE : Boeing Website