Future U.S. airline signs commitment for 60 A220-300 aircraft

A new U.S. airline start-up announced a commitment today for 60 Airbus A220-300 aircraft, with deliveries beginning in 2021. The Memorandum of Understanding was revealed at the Farnborough Air Show. This new airline is backed up by a group of experienced investors led by David Neeleman, founder of JetBlue, investor in TAP in Portugal and controlling shareholder in Azul airlines in Brazil.

“After years of U.S. airline consolidation, the conditions are improving for a new generation of U.S. airline to emerge, focused on passenger service and satisfaction,” said David Neeleman, majority investor in the new venture. “The A220 will enable us to serve thinner routes in comfort without compromising cost, especially on longer-range missions. With deliveries starting in 2021, we will have ample time to assemble a world-class management team and another winning business model.”

“This U.S. airline startup’s decision for the A220 as the platform on which to launch their new business model is a testament to the passenger appeal and operating economics of this outstanding aircraft,” said Eric Schulz, Chief Commercial Officer for Airbus. “This commitment confirms the important role the A220 aircraft now occupies in our Airbus single-aisle portfolio.”

Complementing the A320 Family, the A220-100 and A220-300 models cover the segment between 100 and 150 seats and offer a comfortable five-abreast cabin. With the most advanced aerodynamics, CFRP materials, high-bypass engines and fly-by-wire controls, the A220 delivers 20 percent lower fuel burn per seat compared with previous generation aircraft. The type will serve a worldwide market for smaller single-aisle airliners, estimated at at least 7,000 such aircraft over the next 20 years. Airbus markets and supports the A220 aircraft, which is manufactured under the recently finalized partnership agreement between Airbus, Bombardier & Investment Québec.

The A220-300 will be powered by Pratt & Whitney GTF engines

 

#A220 #FIA18

 

Source :  Airbus Website

LEVEL adds two A330-200s to its fleet

International Airlines Group’s (IAG) low cost long-haul airline brand, LEVEL, is expanding its fleet with two additional A330-200s, for delivery in 2019, taking its total order for the type to seven.

This latest firm order comes less than 12 months after IAG purchased the last batch of three A330-200s. They are configured with 314 seats, 21 premium economy and 293 economy.

LEVEL currently operates two A330-200s from Barcelona, soon to be three, and one from Paris Orly, where it commenced services earlier this month. A second A330-200 will join the Paris fleet later this summer.

Both Barcelona and Paris will receive one of the new A330-200s being delivered in 2019 bringing a total of four aircraft in Barcelona and three in Paris.

LEVEL began operations in June 2017 with two new A330-200s flying from Barcelona to four destinations in the Americas.

The A330 is one of the world’s bestselling, most efficient and versatile widebody aircraft. With best in class operating economics, it is the benchmark product for the growing low cost long-haul model worldwide.

To date the A330 Family has won over 1,700 orders with over 1,370 currently flying with more than 110 operators worldwide. With an operational reliability of 99.4 percent and various product enhancements, the A330 Family is the most cost-efficient and capable widebody aircraft to date.

A330-200 2018 list price US$238.5m

@flywithlevelEN #A330 #FIA18

 

Source :  Airbus Website

Peach Aviation to become first A321LR operator in Asia

Japan’s Peach Aviation is set to become the first Asian operator of the Airbus A321LR aircraft, following the conversion of an existing order for two A320neo aircraft.

The aircraft will be joining the fleet of the Osaka-based low cost carrier (LCC) in 2020. The A321LR is the longest-range single-aisle aircraft in the world and will enable Peach Aviation to open new routes from Japan  to destinations of up to nine hours flying time.

A signing ceremony took place at Farnborough Air Show, attended by Shinichi Inoue, Peach Aviation Managing Director and CEO, and Eric Schulz, Airbus Chief Commercial Officer.

The A321LR features a new door configuration, enabling its operators to accommodate up to 240 passengers in Airbus’ widest Single Aisle fuselage in the sky. The new Airspace by Airbus cabin available on the A320 Family additionally enhances the passengers’ unrivalled travel experience.

Incorporating the latest engines, aerodynamic advances, and cabin innovations, the A321neo offers a significant reduction in fuel consumption of 20 percent by 2020. With more than 1900 orders received from over 50 customers, to date the A321neo has captured some 80 percent of market share, making it the true aircraft of choice in the Middle of the Market. The LR option extends the aircraft’s range to up to 4,000 nautical miles (7,400 km) and brings with it a 30-percent reduction in operating cost compared to its nearest competitor.

A321neo 2018 list price US129.5m

@Peach_Aviation #A321LR  #FIA18

 

Source :  Airbus Website

Boeing, Volga-Dnepr Group and CargoLogicHolding Announce Sweeping Freighter Package Covering 777 Freighters, 747-8 Freighters, Crew Optimization Service

Cargo transportation leader intends to acquire 29 Boeing 777 Freighters valued at $9.8 billion

Company confirms order of five 747-8 Freighters valued at $2 billion

Services agreement reinforces commitment to increasing productivity, safety, environment and operational stability

FARNBOROUGH, United Kingdom, July 17, 2018 /PRNewswire/ — Boeing (NYSE: BA), Volga-Dnepr Group and CargoLogicHolding today signed a package of agreements that will further optimize the cargo transportation leaders’ airplane fleet and global operations. The deals, announced at the 2018 Farnborough International Airshow, include a letter of intent to acquire 29 Boeing 777 Freighters, confirmation of an order for five Boeing 747-8 Freighters, the purchase of a crew pairing solution, and an agreement to work together on future freighter projects.

“This is a very significant day in our company’s history. With this package of agreements, we will grow our business with the unique and unmatched 747-8 Freighter and open new market opportunities with the 777 Freighter, the world’s longest range twin-engine cargo jet,” said Alexey Isaykin, President of Volga-Dnepr Group and Chairman of CargoLogicHolding.  “And we will work with Boeing to develop new freighter solutions that will help us continue to serve the unique and fast-changing requirements of our global customers.”

Volga-Dnepr Group is among the world’s largest Boeing 747 Freighter operators. The Group, and its subsidiaries and strategic partners have leveraged the jet’s unique cargo-loading and cargo-carrying capabilities to build an unmatched global network for transporting unique, oversize and heavy cargo. Volga-Dnepr said it wanted to add more 747-8 Freighters to its fleet and affirmed a commitment to purchasing five more of the jets valued at $2 billion in current list prices.

“We are true believers in the 747-8 Freighter, it is a very special airplane. We fly it every day and we understand why operators around the world want more of them,” said Isaykin.

While the Group and its partners have largely built its business on very large four-engine freighters, it now plans to expand its future fleet options with a commitment for the twin-engine 777 Freighter.

CargoLogicHolding intends to order 29 Boeing 777 Freighters, valued at $9.8 billion according to list prices. The airplane’s unmatched range and significant cargo capacity promises to open up significant network and growth opportunities.

“CargoLogicAir, part of CargoLogicHolding, started its business by flying 747 scheduled and charter flights to and from the UK. We are excited to extend the network using a range of Boeing family aircraft including Boeing 747-8F, 777F, 767F and 737-800BCF,” added Mr Isaykin.

The package of agreements also includes a commitment for both companies to explore other freighter solutions, such as new production 767 Freighters or converted cargo jets such as the 737-800 Boeing Converted Freighter.

With the resurgence in the air freight market – demand grew nearly 10 percent last year – Boeing has seen a big spike in interest for cargo jets. Boeing has now captured more than 100 orders and commitments for production and converted freighters this year.

“We are extremely honored that Volga-Dnepr Group and CargoLogicHolding have once again placed their trust on Boeing’s freighter family to carry their business into the future. We look forward to expanding our relationship with our great partners and delivering new freighters to them for many years to come,” said Kevin McAllister, president and chief executive officer, Boeing Commercial Airplanes.

Volga-Dnepr Group also uses Boeing Global Services to improve its offering for its customers. Its airlines use offerings such as Fuel Dashboard, Electronic Charting, Airport Moving Map and other advanced services, many of which are powered by Boeing AnalytX.

As part of the agreements, Boeing Global Services will provide AirBridgeCargo – a Volga-Dnepr Group airline – with a Crew Pairing solution to support the planning and operation of the airline’s 300 crew members. The program creates optimized work duties, improving crew efficiency and improving airline productivity.

“This service puts the most advanced data analytics capabilities at Volga-Dnepr’s hands as they operate the most advanced freighters in the world. It’s a prime example of how Boeing integrates services solutions with the platform to help customers work better, work faster and save on operating costs,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company.

About Cargo Logic Holding Limited

Cargo Logic Holding Limited is the private holding company based in the United Kingdom. It is a unique platform that unites under its umbrella the International Group of the Cargo Airlines, with CargoLogicAir, the only British all-cargo airline, being its main member, which started its commercial operations on the global market since early 2016.

Contact:

Dmitry Krol
Boeing Commercial Airplanes
+1 206-661 2903
Dmitry.krol@boeing.com

SOURCE : Boeing Website

 

Boeing, Air Lease Corporation Announce Orders and Commitments for 78 Boeing Jets

FARNBOROUGH, United Kingdom, July 17, 2018 /PRNewswire/ — Boeing [NYSE:BA] and Air Lease Corporation [NYSE: AL] today announced orders and commitments for up to 78 Boeing airplanes, including 75 737 MAX 8s and three 787-9 Dreamliners, at the 2018 Farnborough International Airshow.

The order, valued at $9.6 billion at current list prices, expands ALC’s 737 MAX portfolio to 213 jets. The three 787-9s and the first 20 737 MAX airplanes of the order are firm purchases. The subsequent 55 737 MAX airplanes are commitments until both companies finalize them into firm orders.

In total, ALC has now placed orders and commitments for 361 Boeing airplanes since 2010, including 288 737s, 21 777s and 52 787 Dreamliners.

“Demand for reliable, fuel-efficient airplanes is at an all-time high. The capabilities of these new airplanes continue to meet the high expectations of our growing airline customer base,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation.

John Plueger, CEO and President of Air Lease Corporation added, “The economic and operating advantages of the 737 MAX and 787 Dreamliner will provide our airline customers with the competitive advantage they need.”

“This new order by one of the world’s leading lessors demonstrates the market-leadership of the 737 MAX and 787 Dreamliner,” said Kevin McAllister, president & CEO of Boeing Commercial Airplanes.  “The combination of operational efficiency and unmatched passenger comfort underlines the advantages of the 737 MAX and 787. We are delighted that ALC is adding more Boeing airplanes to their world-class portfolio.”

The 737 MAX family is designed to offer operators exceptional performance, including lower operating costs and more range to open up new destinations. The 737 MAX incorporates the latest CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays and other features to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,600 orders from 100 customers worldwide. For more information and feature content, visit
www.boeing.com/commercial/737max.

The 787 Dreamliner is a family of super-efficient and long-range airplanes that use 20 percent less fuel than the airplanes it replaces. Since entering service in 2011, the 787 family has allowed airlines to launch more than 180 new nonstop routes around the world. More than seventy customers have placed nearly 1,400 orders for the airplane, making the Dreamliner the fastest selling twin-aisle airplane in history.

About Air Lease Corporation (NYSE: AL)

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.  ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.  For more information, visit ALC’s website at www.airleasecorp.com.

Contact:
Paul Bergman
Boeing Communications
+ 1 206 724 7292
paul.r.bergman2@boeing.com

SOURCE Boeing

Boeing Forecasts $15 Trillion Commercial Airplanes and Services Market

20-year outlook projects rising demand for 42,700+ new airplanes, valued at $6.3 trillion

Services to outpace the world fleet; to grow 4.2% annually creating a $8.8T market

FARNBOROUGH, United Kingdom, July 17, 2018 /PRNewswire/ — Boeing [NYSE: BA] lifted its long-term forecast for commercial airplanes as rising passenger traffic and upcoming airplane retirements drive the need for 42,730 new jets – valued at $6.3 trillion – over the next 20 years. The global airplane fleet will also sustain growing demand for commercial aviation services, leading to a total market opportunity of $15 trillion.

The company’s annual forecast, renamed the Commercial Market Outlook (CMO) to include detailed analysis of the dynamic aviation services market, was presented today at the Farnborough International Airshow. Recognized as an industry benchmark for global air travel forecasting, the 2018 CMO projects the total number of airplanes increasing 4.1 percent over the previous forecast.

“For the first time in years, we are seeing economies growing in every region of the world. This synchronized growth is providing more stimulus for global air travel. We are seeing strong traffic trends not only in the emerging markets of China and India, but also the mature markets of Europe and North America,” said Randy Tinseth, vice president of Commercial Marketing for The Boeing Company. “Along with continued traffic expansion, the data show a big retirement wave approaching as older airplanes age out of the global fleet.”

According to fleet data, there are more than 900 airplanes today that are over 25 years old. By the mid 2020’s, more than 500 airplanes a year will reach 25 years of age – double the current rate – fueling the retirement wave. Tinseth said the data explain why 44 percent of the new airplanes will be needed to cover replacement alone, while the rest will support future growth.

Including airplanes that will be retained, the global fleet is projected to essentially double in size to 48,540 by 2037.

The single-aisle segment will see the most growth over the forecast period, with a demand for 31,360 new airplanes, an increase of 6.1 percent over last year. This $3.5 trillion market is driven in large part by the continued growth of low-cost carriers, strong demand in emerging markets, and increasing replacement demand in markets such as China and Southeast Asia.

The widebody segment calls for 8,070 new airplanes valued at nearly $2.5 trillion over the next twenty years. Widebody demand is spearheaded, in part, by a large wave of replacements beginning early in the next decade and airlines deploying advanced jets such as the 787 Dreamliner and 777X to expand their global networks.

Additionally, Boeing projects the need for 980 new production widebody freighters over the forecast period, up 60 airplanes over last year. In addition, operators are forecasted to buy 1,670 converted freighters.

New Airplane Deliveries through 2037 by size
Airplane type	Seats	Total deliveries	Market value
Regional jets	90 and below	2,320	$110 billion
Single-aisle	90 and above	31,360	$3,480 billion
Widebody		8,070	$2,480 billion
Freighter widebody	———	980	$280 billion
Total	———	42,730	$6,350 billion

The massive fleet generates a strong and growing demand for aviation services ranging from supply chain support (parts and parts logistics), to maintenance and engineering services, to aircraft modifications, to airline operations. Over the next 20 years, Boeing forecast an $8.8T market for commercial aviation services with annual growth of 4.2 percent.

“The commercial airplane business fuels an enormous ecosystem of service providers.  Our combined forecast shows the full picture of the $15T commercial market ahead of us,” Tinseth said. “We see a market in which airlines outsource more and more, a market in which data and data analytics help aircraft and airline networks become more efficient and reliable, and a market in which new technologies provide new services solutions. All of these trends drive greater demand for integrated solutions over the life of an airplane.”

Major categories in the services forecast include the $2.3 trillion market for Maintenance & Engineering, which covers tasks required to maintain or restore the airworthiness of an aircraft and its systems, components, and structures. Another major category is the $1.1 trillion market for Flight Operations, which covers services associated with the flight deck, cabin services, crew training and management, and airplane operations.

Commercial Aviation Services through 2037 by service category
Service category	Market value
Corporate & External	$145 billion
Marketing & Planning	$540 billion
Flight Operations	$1,115 billion
Maintenance & Engineering	$2,365 billion
Ground & Cargo Operations	$4,665 billion

In terms of the geographic split of the new forecast, the airplane and services demand are similarly geared toward the major growth markets. The Asia Pacific region, which includes China, will continue to lead the way, accounting for 40 percent of total airplane deliveries and 38 percent of total services value. North America and Europe round out the top three.

Commercial market through 2037 by region
Region	Airplane deliveries	Services market
Asia Pacific	16,930	$3,365 billion
North America	8,800	$1,850 billion
Europe	8,490	$1,875 billion
Middle East	2,990	$745 billion
Latin America	3,040	$515 billion
Russia/C.I.S.	1,290	$265 billion
Africa	1,190	$215 billion
Total	42,730	$8,830 billion

Formerly known as Boeing’s Current Market Outlook, the CMO is the longest running jet forecast and regarded as the most comprehensive analysis of the commercial aviation industry. The full report can be found at www.boeing.com/cmo.

Forward-Looking Information Is Subject to Risk and Uncertainty

Certain statements in this release may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “forecasts,” “projects,” “plans,” “believes,” “estimates” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, business prospects, financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current assumptions about future events that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict.

Many factors could cause actual events to differ materially from these forward-looking statements, including economic conditions in the United States and globally, general industry conditions as they may impact us or our customers, and other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made and we undertake no obligation to update or revise any such statement, except as required by law.

Contact:
Paul Bergman
Boeing Communications
Boeing Commercial Airplanes
+1 206-724-7292
paul.r.bergman2@boeing.com

 

SOURCE: Boeing Website

Boeing, Blackshape Announce Integrated Services Agreement

Agreement includes global exclusive spares distribution and training software for Blackshape aircraft and pilot training operations

FARNBOROUGH, England, July 17, 2018 /PRNewswire/ — Boeing [NYSE: BA] today announced it signed an integrated services agreement with Blackshape, a global producer of general aviation aircraft specialized in training, for spare parts distribution and pilot training software. The announcement extends the companies’ current agreement for delivery of Jeppesen navigation information while adding global exclusive parts distribution from Aviall and Boeing e-Aircraft training software.

“We are extremely excited to partner with Blackshape,” said William Ampofo, vice president, Business & General Aviation, Boeing Global Services. “Through the integration and delivery of our supply chain and digital solutions, we will generate greater value and efficiency for Blackshape aircraft and their customers.”

“We are proud of our continued partnership with Boeing in support of our high performance training aircraft. This milestone, part of our strategic plan, further strengthens Blackshape as a global leader in the initial and recurrent training for airlines and professional civil and military pilots,” said Luciano Belviso, CEO, Blackshape S.p.A. “Our combined focus on technology and comprehensive solutions will ensure strategic supply chain optimization and leading-edge pilot development, generating even more value for our customers.”

About Boeing Global Services

Boeing Global Services, headquartered in the Dallas, Texas area, was formed by integrating the services capabilities of the government, space, and commercial sectors into a single customer-focused business. Operating as a third business unit of Boeing, Global Services provides agile, cost-competitive services to commercial and government customers worldwide.

About Blackshape

Blackshape, headquartered in Monopoli (south Italy), is a company part of the Angel Group. Blackshape is a global leader for high performing full composites general aviation and training aircraft, providing agile turn-key solutions to private and institutional customers.

Angel Group, headquartered in Italy with subsidiaries in 18 countries, leads a group of pioneering companies which are global leaders and technology innovators in delivering end-to-end solutions to railway, space, aviation, motorsport and IoT sectors, with product and services in use in 62 countries worldwide.

Contact
Reggie Dotson
Boeing Communications
Office: +1 972-586-1358
Mobile: +1 469-978-6325
reginald.l.dotson@boeing.com

Antonio Amendolagine
Angel Company Communications
Office: +39 080-91-71-382
Mobile: +39 334-841-84-96
Antonio.amendolagine@blackshapeaircraft.com

 

SOURCE : Boeing WEBSITE

Boeing, Primera Air Announce Global Fleet Care Agreement for 737 MAX and Next-Generation 737 Fleets

Comprehensive maintenance package will support Primera Air fleets

FARNBOROUGH, United Kingdom, July 17, 2018 /PRNewswire/ — Boeing [NYSE: BA] and Primera Air today announced a Boeing Global Fleet Care agreement for Primera Air’s 737 MAX and Next-Generation 737 fleets during a signing ceremony at the Farnborough International Airshow. Under the contract, Boeing will provide engineering services, material services and line and heavy maintenance execution services.

“Boeing Global Fleet Care will be an integral part of our success story by providing Primera Air’s fleet maintenance operations as we expand our network of flights,” said Andri M. Ingolfsson, President & CEO, Primera Travel Group. “We’re proud to expand our growing relationship with Boeing.”

Primera Air, headquartered in Riga, Latvia, has a fleet of nine Next-Generation 737s. In January 2017, Boeing and Primera Air announced an order for up to 20 737 MAX 9s. The 737 MAX 9 will form the backbone of the airline’s future as it seeks to launch flights between Europe and North America.

“With this agreement, Primera Air will fly the best-in-class airplanes and have the best maintenance support in the industry. This is a prime example of Boeing’s unmatched ability to offer tailored and integrated solutions for our commercial customers,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company. “We are excited to expand our partnership with Primera Air and we look forward to working alongside them to help them continue providing excellent air travel services.”

Global Fleet Care is a high-value, low-risk and efficient fleet maintenance operations solution that gives customers a competitive advantage in the marketplace. The Global Fleet Care suite includes Fleet Engineering Solutions, Fleet Material Solutions, and Fleet Integrated Solutions – all of which can be tailored to specific customer requirements.

Through Global Fleet Care, Boeing offers maintenance and reliability programs for the Next Generation 737, 737 MAX, 747-8, 777 and 787 Dreamliner. In addition, select Global Fleet Care services are now available to a wider range of Boeing models. More than 60 airlines and 2,500+ airplanes are now covered by Global Fleet Care.

About Primera

Primera Air is a low-fare Nordic airline that operates flights from Europe to more than 70 destinations across the Mediterranean, Middle East, Asia, Caribbean and North America. Originally founded in Iceland in 2004 as a charter provider, Primera Air has grown to become an airline that now carries over one million passengers each year. Primera Air is now owned by the Primera Travel Group, a group of Scandinavian tour operators and travel agencies.

In 2018, Primera Air is expanding its network by establishing new bases at London Stansted and Paris Charles De Gaulle and will be providing direct low-fare transatlantic flights to New York, Boston, Toronto and Washington DC.

About Boeing Global Services

Operating as one of Boeing’s three business units, Global Services is headquartered in the Dallas area. For more information, visit www.boeing.com/services.

Contacts

At Farnborough Air Show
Katie Zemtseff
Boeing Communications
Mobile: +1 206-390-7589
katherine.a.zemtseff@boeing.com

United Kingdom
Keelan Morris
Boeing UK Communications
Office: +44 020 8235 5664
Mobile: +44 077 9882 8790
Keelan.j.Morris@boeing.com

United States
Stephanie Bass
Boeing Communications
Office: +1 425-237-1156
Mobile: +1 314-651-7376
stephanie.l.bass@boeing.com

 

SOURCE :Boeing Website

Boeing, Xiamen Airlines Announce Optimized Maintenance Program Agreement

Xiamen is the first airline in China to use the analytics-powered service

FARNBOROUGH, United Kingdom, July 17, 2018 /PRNewswire/ — Boeing [NYSE: BA] and Xiamen Airlines announced today the airline will become the first in Chinato use Optimized Maintenance Program, a service that improves operational performance, powered by Boeing AnalytX. The order was unveiled at a signing ceremony at the 2018 Farnborough International Airshow.

“We are pleased to be the first in the country to utilize Optimized Maintenance Program’s ability to use data to tailor a maintenance program specific to our needs,” said Zhao Dong, president and CEO, Xiamen Airlines. “This program allows our airline to benefit from innovation and smart technology to enhance our performance, maintain safety and best serve our customers.”

The Civil Aviation Administration of China (CAAC) recently accepted Xiamen Airlines using Boeing’s Optimized Maintenance Program.

Xiamen, an all-Boeing operator, also signed a 737 MAX and Next Generation 737 Simulator Services Package including hardware, software and data — as well as a suite of tools to enhance its digital capability — including Airplane Health Management, Maintenance Performance Toolbox and Loadable Software Airplane Parts.

“We are bringing the most advanced data analytics capabilities to anticipate Xiamen Airlines’ needs, and help them prevent problems before they occur. It’s a prime example of how we can integrate services solutions with our airplanes to help a customer drive down their maintenance costs,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company. “We are delighted to expand our partnership with Xiamen Airlines, and build on years of collaboration between our companies and the Civil Aviation Administration of China.”

The Optimized Maintenance Program, powered by Boeing AnalytX, uses analytics to evaluate and analyze an airline’s maintenance program and improves the operator maintenance experience through improved maintenance recommendations. Customized programs can reduce scheduled maintenance labor and material cost by more than 20 percent and associated ground time by more than 30 percent on average, while maintaining or improving fleet on time performance and in-service maintenance activities.

Boeing technical consultants review all recommendations with the airline’s engineering team and support the airline’s review with the local regulatory agency for approval of recommended maintenance program changes.

Xiamen Airlines operates an all-Boeing fleet with 168 Boeing airplanes in use with an additional 66 Boeing planes on order comprised of one 737NG, 55 737 MAX 8s, and ten 737 MAX 10s.

About Xiamen Airlines

Xiamen Airlines is China’s fifth largest carrier, operating 300 domestic plus 60 international and regional routes, flying 26 million passengers a year. Xiamen Airlines was voted ‘China’s Best Airline’ in passenger surveys, conducted by China’s Civil Aviation Passenger Service Evaluation (CAPSE) for over five consecutive years. A proud SkyTeam member, Xiamen Airlines has over four million hours of safe flight operations, and is the only airline in China awarded the prestigious ‘Jinyan Cup’ and ‘Jingying Cup’ for Air Safety for three consecutive years. The airline is also the first enterprise in the service industry, and unique in civil aviation, to earn the ‘China Quality Award’, the highest recognition in the quality field in China.

About Boeing Global Services

Operating as one of Boeing’s three business units, Global Services is headquartered in the Dallas area. For more information, visit www.boeing.com/services.

Contact at Farnborough Airshow
Katie Zemtseff
Boeing Communications
Mobile: +1 206-390-7589
katherine.a.zemtseff@boeing.com

 

SOURCE : Boeing Website

Boeing, Aviation Capital Group Announce Order for 20 737 MAX 8s

Order raises lessor’s direct purchase of 737 MAX airplanes to 100

Portfolio includes MAX 8, MAX 9 and MAX 10 variants

FARNBOROUGH, United Kingdom, July 17, 2018 /PRNewswire/ — Boeing [NYSE:BA] and Aviation Capital Group (ACG) today announced an order for 20 737 MAX 8 airplanes at the 2018 Farnborough International Airshow. The order, valued at $2.34 billion at list prices, raises ACG’s 737 MAX direct-buy order quantity to 100.

“The 737 MAX is core to our strategic growth plans, as the airplane continues to command strong interest in the marketplace,” said Khanh T. Tran, CEO of ACG. “This order expands our diverse portfolio, which includes three 737 MAX variants, providing us with more flexibility and some of the most advanced single-aisle jets to serve our customers.”

The new orders will appear on Boeing’s Orders & Deliveries website once all contingencies have been met.

ACG first joined the 737 MAX family in 2012, placing orders for the MAX 8 and MAX 9. The lessor added to its portfolio last year by joining the launch group for the 737 MAX 10, the largest variant with the lowest operating cost per seat.

“We are pleased to extend our partnership with ACG as they continue to expand their 737 MAX portfolio,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing, The Boeing Company. “This order reflects continued market demand for the best single-aisle airplane in its class. The 737 MAX will deliver exceptional performance and market-leading economics to ACG’s world-class customers for many years to come.”

According to the Boeing 2018 Commercial Market Outlook released this week, airlines will need 31,360 new single-aisle airplanes, such as the 737 MAX, over the next 20 years. That represents a 6-percent increase over last year’s forecast. Analysts say the demand is fueled by the success of low-cost carriers and a big requirement for single-aisle jets for growth and replacement.

The 737 MAX family is designed to offer customers exceptional performance, with lower per-seat costs and an extended range to open up new destinations in the single-aisle market. The 737 MAX incorporates the latest CFM International LEAP-1B engines, Advanced Technology winglets, Boeing Sky Interior, large flight deck displays and other features to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.

The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,600 orders from 100 customers worldwide. For more information and feature content, visit www.boeing.com/commercial/737max.

About Aviation Capital Group

Aviation Capital Group is one of the world’s premier full service aircraft asset managers with 465 owned, managed and committed aircraft as of March 31, 2018, which are leased to approximately 95 airlines in approximately 45 countries. ACG was founded in 1989 and is an indirect majority-owned subsidiary of Pacific Life Insurance Company.

Contact:
Paul Bergman
Boeing Communications
+1 206 724 7292
paul.r.bergman2@boeing.com

Gordon Grant
Aviation Capital Group
Investor and Media Relations
+1 949 219 4664

SOURCE: Boeing Website