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Boeing, Green Africa Airways Announce Landmark Commitment for up to 100 737 MAX aircraft

The commitment represents the largest aircraft deal ever for the African continent

Nigerian value airline selects market-leading 737 MAX to build its flagship fleet

Continent’s fleet forecast to more than double over next 20 years

SEATTLE, Dec. 21, 2018 /PRNewswire/ — Boeing [NYSE:BA] and Lagos-based Green Africa Airways today announced a commitment for up to 100 737 MAX 8 aircraft, evenly split into 50 firm aircraft and 50 options, as the airline gears up to begin commercial operations. The total deal carries a list-price of $11.7 billion, the largest aircraft agreement from Africa, and will be reflected on Boeing’s Orders and Deliveries website once finalized.

“Today is a historic day for the Nigerian and African aviation industry,” said Babawande Afolabi, Founder & CEO, Green Africa Airways. “This landmark deal takes us much closer to our long-held dream of building a world-class airline that will unlock a new realm of positive possibilities for millions of customers. Broadly speaking, this deal is a bold symbol of the dynamism, resilience and soaring entrepreneurial drive of the next generation of Nigerians and Africans.”

Green Africa Airways, a value airline based in Lagos, Nigeria aims to offer safe, quality and affordable air travel and be a significant contributor to the economic development of Nigeria and the African continent. The new airline has received its Air Transport License from the Nigerian government and is anchored by a group of senior industry leaders led by Tom Horton, former Chairman and CEO of American Airlines, William Shaw, Founder and former CEO of VivaColombia and Virasb Vahidi, former CCO of American Airlines.

“Nigeria is uniquely positioned to be the home of the next major value airline. The strategic partnership with Boeing positions Green Africa Airways to expand and improve air travel for customers in Nigeria, and further strengthens the relationship between the United States, Nigeria and Africa,” Vahidi said.

The airline initially plans to develop the Nigerian market and then build a strong Pan African network. According to Boeing’s 20-year Commercial Market Outlook, airlines in Africa will require 1,190 new airplanes as the continent boosts both intra-continental and intercontinental connectivity over the next couple of decades.

“The growth potential for air travel across Nigeria and Africa is extraordinary with the airplane fleet expected to more than double over the next 20 years. We are delighted that Green Africa Airways has selected the 737 MAX to serve this expanding market,” said Ihssane Mounir, Senior Vice President of Commercial Sales & Marketing, The Boeing Company. “We look forward to Green Africa Airways building their fleet with the MAX and taking advantage of the jet’s efficiency and dependability to open new options across Nigeria and the African continent. Boeing will be a trusted partner to Green Africa Airways as the MAX is introduced into their operations and through their long-term success.”

The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,800 orders from over 100 customers worldwide. The airplane’s superior performance is enabled by the latest technology in the single-aisle market, including advanced CFM International LEAP-1B engines, Advanced Technology winglets, and other airframe enhancements.

Contact:
Saffana Michael
Boeing Communications
Saffana.michael2@boeing.com
Mobile: +97150 4590651

SOURCE :Boeing Website

Boeing, flyadeal Sign Commitment for Up to 50 737 MAX Jets

Growing Middle East carrier commits to 30 orders and 20 options

Airline selects efficient 737 MAX for future fleet and international expansion

SEATTLE, Dec. 21, 2018 /PRNewswire/ — Boeing [NYSE:BA] and flyadeal today announced the Middle East carrier is growing its fleet with the 737 MAX to take advantage of the airplane’s fuel efficiency, range and passenger comforts. The airline committed to ordering 30 airplanes with options for 20 more in a deal that would be valued at up to $5.9 billion at list price.

The deal is subject to both sides concluding final terms and conditions and a purchase agreement. It will appear on Boeing’s Orders & Deliveries website once all contingencies are cleared.

flyadeal, a subsidiary of Saudi Arabian Airlines, offers affordable flights within Saudi Arabia. Over the past year, the airline has conducted an evaluation process for 50 narrowbody airplanes to support domestic growth and potential international expansion. While flyadeal has been operating new Airbus A320s, the airline says it has selected the 737 MAX for the future.

Director General of Saudi Arabian Airlines, His Excellency Eng. Saleh bin Nasser Al-Jasser said, “The demand for air transport services in the domestic market of the Kingdom of Saudi Arabia has grown exponentially. A new brand, with a fresh identity focused on low-fares, flyadeal has brought to the market a new choice – which has been received very positively.”

Al-Jasser added: “The low-fares airline will continue to expand rapidly, and the addition to the fleet aligns well with flyadeal’s target to grow its presence in the domestic market and cover new markets outside of Saudi Arabia.”

flyadeal selected the 737 MAX 8 which has capacity for 189 passengers in a one-class configuration. Compared to flyadeal’s current fleet of A320s, the MAX 8 carries 12 more passengers and provides 8 percent lower operating costs per seat.

“flyadeal has opened up more affordable flights to millions of travelers and we are honored that the airline has chosen the 737 MAX to power its exciting expansion,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company. “We have supplied commercial airplanes to Saudi Arabia for more than 70 years and we look forward to finalizing this agreement and delivering advanced jetliners to flyadeal in the years ahead.”

Boeing’s partnership with Saudi Arabia’s aviation industry began in 1945 with the delivery of a DC-3 aircraft that gave birth to commercial air travel in the kingdom. Over the past seven decades, airlines in the kingdom have operated almost every Boeing commercial jetliner, including the 707, 737s Classics, MD-11Fs, 747s, 777s, and 787 Dreamliners.

The 737 MAX is the fastest-selling airplane in Boeing history, accumulating more than 4,800 orders from over 100 customers worldwide. The airplane’s superior performance is enabled by the latest technology in the single-aisle market, including advanced CFM International LEAP-1B engines, Advanced Technology winglets, and other airframe enhancements. For more information and feature content, visit www.boeing.com/commercial/737max.

Based in Jeddah, flyadeal offers flights to eight domestic destinations including Riyadh, Jeddah, Dammam, Qassim, Tabuk, Gizan, Madinah and Abha.

Contact:
Saffana Michael
Boeing Communications (Middle East & Africa)
Saffana.michael2@boeing.com
Mobile: +97150 4590651

Bader Al Bedair
Boeing Communications (Saudi Arabia)
bader.m.albedair@boeing.com
Mobile: +966 554221997

SOURCE: Boeing Website

Boeing KC-46 Tanker Program Completes FAA Certification

EVERETT, Wash., Sept. 4, 2018 – The U.S. Federal Aviation Administration (FAA) has granted Boeing’s [NYSE: BA] KC-46 tanker program a Supplemental Type Certificate (STC), verifying that its refueling and mission avionics systems meet FAA requirements. The milestone marks completion of KC-46 FAA certification.
To receive its STC, Boeing’s team completed a series of lab, ground and flight tests, which commenced in 2015. As part of the required flight testing, the team validated the KC-46’s boom and drogue aerial refueling systems met FAA certification criteria.
“Our Boeing/Air Force test team did an outstanding job successfully leading us through all the requirements, and we appreciate the FAA’s collaboration as well,” said Mike Gibbons, Boeing KC-46A tanker vice president and program manager. “This milestone is important in that it is one of the last major hurdles in advance of first delivery to the U.S. Air Force.”

 

The STC is one of two required FAA airworthiness certifications. Boeing received an Amended Type Certificate for its core 767-2C aircraft configuration in December 2017. While those certifications cover most of the jet, not all military functions and equipment can be certified by the FAA. The U.S. Air Force also must grant a Military Type Certificate (MTC), which is expected in the coming months. Boeing’s team concluded MTC flight testing, which included the jet’s aerial refueling, defensive and other military-specific systems, in early July.
Six aircraft have supported various segments of STC and MTC testing. Overall they have completed 3,500 flight hours and offloaded more than three million pounds of fuel during refueling flights with F-16, F/A-18, AV-8B, C-17, A-10, KC-10, KC-135 and KC-46 aircraft.
The KC-46, derived from Boeing’s commercial 767 airframe, is built in the company’s Everett, Wash., facility. Boeing is currently on contract for the first 34 of an expected 179 tankers for the U.S. Air Force.
When in service, the multi-role KC-46 will refuel U.S., allied and coalition military aircraft using its boom and hose and drogue systems, but also must be able to take on fuel to extend its operational range. The boom allows the tanker to transfer up to 1,200 gallons of fuel per minute, while the hose and drogue systems, located on both the plane’s wing and centerline, enables the KC-46 to refuel smaller aircraft with up to 400 gallons of fuel per minute.
For more information on Defense, Space & Security, visit http://www.boeing.com. Follow us on Twitter: @BoeingDefense and @BoeingSpace.
# # #
Contact:
Charles Ramey
KC-46 Tanker Program
Mobile: +1 206-851-4147
charles.b.ramey@boeing.com

 

The  Boeing  Company  Website

Boeing Awarded $2.9 Billion for Fourth KC-46A Tanker Production Lot

Boeing’s KC-46 program received $2.9 billion from the U.S. Air Force for 18 tanker aircraft, support equipment, spare engines and wing air refueling pods. Boeing is now on contract for 52 aircraft and plans to build 179 of the 767-based refueling aircraft for the Air Force. (Photo: Boeing)

EVERETT, Wash., Sept. 10, 2018 – The U.S. Air Force today awarded Boeing [NYSE: BA] a $2.9 billion contract for 18 KC-46A tanker aircraft, spares, support equipment, spare engines and wing air refueling pod kits. With this fourth production lot, Boeing now is on contract for 52 KC-46 tankers.
Boeing received its first two production lots, for 7 and 12 aircraft, in August 2016. The third lot, for 15 aircraft, was awarded in January 2017.
“We’re excited to partner with the Air Force on an aircraft that will provide its fleet unmatched capabilities and versatility,” said Mike Gibbons, Boeing KC-46A tanker vice president and program manager. “This is another big milestone for the team and we look forward to delivering this next-generation, multi-role tanker for years to come.”
Boeing plans to build 179 of the 767-based refueling aircraft for the Air Force to replace its legacy tanker fleet. Tanker deliveries are expected to begin later this year.
Boeing received an initial contract in 2011 to design and develop the Air Force’s newest tanker aircraft. The KC-46A is a multirole tanker that can refuel all allied and coalition military aircraft compatible with international aerial refueling procedures and can carry passengers, cargo and patients.
Boeing is assembling KC-46 aircraft at its Everett, Wash., facility.
For more information on Defense, Space & Security, visit http://www.boeing.com. Follow us on Twitter: @BoeingDefense and @BoeingSpace.
Caution Concerning Forward-Looking Statements

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,” “intends,” “plans,” “projects,” “believes,” “estimates,” “anticipates,” 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 our current expectations and assumptions, which 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. Actual outcomes and results may differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and we undertake no obligation to update or revise any forward-looking statement, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, the effect of economic conditions in the United States and globally, general industry conditions as they may impact us or our customers, and our reliance on our commercial customers, our U.S. government customers, our suppliers and the worldwide market, as well as the other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission.

# # #
Contact:
Charles Ramey
KC-46 Tanker Program
Mobile: +1 206-851-4147
charles.b.ramey@boeing.com

 

Source :  The Boeing Company Website

Boeing Forecasts Greatest Demand for Pilots, Technicians, Cabin Crew in Asia Pacific Region

– Over the next 20 years, the region will account for more than one-third of global demand

SINGAPORE, Aug. 27, 2018 /PRNewswire/ — Boeing [NYSE: BA] reports that the Asia Pacific region will have the greatest global demand for new civil aviation personnel over the next 20 years. The region is projected to account for 33 percent of the global need for pilots, 34 percent for technicians and 36 percent for cabin crew.

The 2018 Boeing Pilot & Technician Outlook is an industry forecast of new aviation personnel demand. It is closely tied to projections for new airplane deliveries around the globe. As with personnel demand, the Asia Pacific region leads demand for new commercial airplane deliveries over the next 20 years. Forty percent of all new passenger airplane deliveries in the next 20 years will be delivered to airlines in the Asia Pacific region.

According to the outlook:

• The 20-year demand for new commercial sector pilots in the region remains strong at 240,000. While demand decreased five percent, this was driven by regional trends that indicate a peak in pilot retirements in the first decade of the forecast and a softening of replacement demand in the later years, due to a younger generation entering the pilot ranks long before reaching mandatory retirement age.
• New commercial technician demand decreased five percent to 242,000. This is due to advancements in product development on the 737 MAX, which have resulted in increased maintenance efficiencies. Overall, maintenance hours required over the life of the airplane will be reduced.
• New commercial cabin crew demand increased three percent to 317,000 due to anticipated fleet mix, cabin configuration and regulatory requirements.

For the first time, the outlook included the helicopter and business aviation markets. The inclusion of these sectors increases the region’s demand to 261,000 pilots, 257,000 technicians and 321,000 cabin crew.

Leading the region in projected demand for new pilots, technicians and cabin crew:

• China: 128,500 pilots; 126,750 technicians; 147,250 cabin crew
• Southeast Asia: 48,500 pilots; 54,000 technicians; 76,250 cabin crew
• South Asia: 42,750 pilots; 35,000 technicians; 43,250 cabin crew

“Strong demand for pilots in the region continues, and we expect that this will continue for the next several years,” said Keith Cooper, vice president of Training & Professional Services for Boeing Global Services. “Through our pilot training solutions, including the Pilot Development Program, we are helping to ensure a pipeline of pilots is ready to meet the industry’s demand.”

Boeing’s Pilot Development program is an accelerated training program intended to guide pilots from early stage ab-initio training through type rating as a first officer.

For more information about the Pilot & Technician Outlook, please visit: http://www.boeing.com/commercial/market.

For the 2018 Business Environment Update, please visit: http://www.boeing.com/commercial/market/boeing-market-insight.

For more information about Boeing’s commercial training products and services, please visit: http://www.boeing.com/commercial/services/training-and-resourcing/.

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

Allison Olson
Boeing Global Services Communications
Office: +1 314-234-6996
Mobile: +1 314-258-6259
allison.m.olson@boeing.com

 

SOURCE : Boeing Website

Boeing, Air Lease Corp., EVA Air Celebrate Airline’s First 787-9 Dreamliner

EVA Air is first in Taiwan to fly the 787; will power fleet with 24 Dreamliners

Airline debuts new, upgraded interior with BMW-designed business class seats

Airplane on lease from ALC’s order book with Boeing, which includes 52 787s

NORTH CHARLESTON, S.C., Oct. 2, 2018 /PRNewswire/ — Boeing [NYSE:BA], Air Lease Corp. [NYSE:AL; “ALC”], and EVA Air today celebrated the delivery of the airline’s first 787-9 Dreamliner, via lease from ALC, at Boeing’s South Carolina Delivery Center. EVA Air plans to debut the long-range and super-efficient airplane in November on international routes.

“This milestone delivery marks the beginning of a new era for EVA Air as we continue to revolutionize Taiwan’s dynamic commercial aviation industry,” said Steve Lin, Chairman of EVA Air. “The 787 Dreamliner’s extraordinary efficiency and passenger pleasing cabin features will further elevate EVA Air’s position as a five-star global airline. We are excited to introduce the 787 into our fleet and they will play an integral role in our success going forward.”

Built with lightweight composite materials and powered by advanced GEnx engines from General Electric (GE) Aviation, the 787 Dreamliner family lowers operating costs by more than 20 percent compared to previous airplanes, and nearly 10 percent compared to today’s competing jets.

Today’s delivery marks the first of 24 Dreamliners for the Taipei-based airline. In 2015, EVA Air announced a landmark order for 18 787-10 airplanes along with plans to operate four 787-9s and two 787-10s on lease from ALC. This remains the largest commercial airplane purchase in Taiwan’s history.

“ALC is pleased to deliver this historic first Boeing 787-9 to EVA Air and further our strong relationship with a world-class airline,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “As the first airline in Taiwan to operate a Boeing 787-9 Dreamliner, EVA Air will continue to excel as a leading international airline with the most technologically advanced and fuel-efficient fleet.”

“We are extremely honored that EVA will be introducing the new 787 Dreamliner to their world-class fleet,” said Kevin McAllister, President and CEO of Boeing Commercial Airplanes. “This milestone delivery signals yet another chapter in our enduring partnership with EVA. I am confident that the market-leading capabilities of the 787 will contribute immensely to the airline’s long-term success.”

A member of Star Alliance, EVA Air serves international routes with approximately 565 weekly flights. Onboard the airline’s new 787 Dreamliner, passengers can experience EVA Air’s new Royal Laurel business class seats designed by Designworks, a BMW Group company. At 23 inches wide, the new seats feature privacy panels, full lie-flat capabilities as well as enhanced in-flight entertainment systems. EVA Air also partnered with Teague, to redesign its economy class seats, which are produced by Recaro.

To improve the operational efficiency of its 787s, EVA Air plans to use a variety of Boeing Global Services tools, including Maintenance Performance Toolbox, Airplane Health Management and the electronic flight bag product.

The airline will also use Component Services, where Boeing and its partners own, manage and maintain a global pool of high-value rotable parts, components and line-replaceable units (LRU) for convenient access.

More about the 787 Dreamliner

The 787-9 is the second member of the Dreamliner family, which offers 20 to 25 percent better fuel efficiency per seat and lower emissions than the airplanes they replace. As the longest-range member of the family, the 787-9 can fly 290 passengers, in a typical two-class configuration, up to 7,635 nautical miles (14,140 km).

As a stretch of the 787-9, the 787-10 retains over 95 percent commonality while adding seats and cargo capacity, setting a new benchmark for fuel efficiency and operating economics at 25 percent better fuel per seat and emissions than the airplanes it will replace.

Contact:

Kevin Yoo
International Communications
Boeing Commercial Airplanes
+1 206 766 2906
kevin.k.yoo@boeing.com

 

SOURCE: Boeing

Boeing to Release Third-Quarter Results on October 24

CHICAGO, Sept. 26, 2018 /PRNewswire/ — The Boeing Company [NYSE: BA] will release its financial results for the third quarter of 2018 on October 24.

Chairman, President and Chief Executive Officer Dennis Muilenburg and Chief Financial Officer and Executive Vice President of Enterprise Performance & Strategy Greg Smith will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET.

The event will be webcast at http://event.on24.com/wcc/r/1822354/461301A48BA611B531896356D678064A.

The event can also be accessed by dialing 1-800-230-1096 within the U.S. and by dialing 612-332-0107 outside of the U.S. The passcode for both is “Boeing.”

Individuals should check the webcast site prior to the session to ensure their computers can access the audio stream and slide presentation. Instructions for obtaining the required free downloadable software will be posted on the site.

A Boeing news release and presentation materials will be posted to the Investors section of www.boeing.com prior to the event.

Contact
Investor Relations: 312-544-2140
Communications: 312-544-2002

 

SOURCE : Boeing Website

Boeing Forecasts Unprecedented 20-Year Pilot Demand as Operators Face Pilot Supply Challenges

2018 Pilot & Technician Outlook forecasts a 20-year demand for 790,000 pilots

Study cites fleet growth rates and tightening labor supply among reasons for increasing shortages

Boeing training and crew solutions offer operators support for staffing challenges

OSHKOSH, Wis., July 23, 2018 /PRNewswire/ — Boeing [NYSE: BA] today released its 2018 Pilot & Technician Outlook, projecting demand for 790,000 pilots over the next 20 years. This represents double the current workforce and the most significant demand in the outlook’s nine-year history.

The demand is being driven by an anticipated doubling of the global commercial airplane fleet — as reported in Boeing’s Commercial Market Outlook — as well as record-high air travel demand and a tightening labor supply. This year’s outlook also includes data from the business aviation and civil helicopter sectors for the first time.

“Despite strong global air traffic growth, the aviation industry continues to face a pilot labor supply challenge, raising concern about the existence of a global pilot shortage in the near-term,” said Keith Cooper, vice president of Training & Professional Services, Boeing Global Services. “An emphasis on developing the next generation of pilots is key to help mitigate this. With a network of training campuses and relationships with flight schools around the globe, Boeing partners with customers, governments and educational institutions to help ensure the market is ready to meet this significant pilot demand.”

Boeing offers the Pilot Development Program – an accelerated training program that guides future pilots from early stage ab-initio training through type rating as a first officer – to help operators meet their growing pilot needs. Boeing also helps operators improve crew efficiency with tools that optimize resources and minimize disruption.

Despite the commercial pilot demand forecast holding nearly steady, maintenance technician demand decreased slightly from 648,000 to 622,000, primarily due to longer maintenance intervals for new aircraft. Collectively, the business aviation and civil helicopter sectors will demand an additional 155,000 pilots and 132,000 technicians.

Demand for commercial cabin crew increased slightly from 839,000 to 858,000, due to changes in fleet mix, regulatory requirements, denser seat configurations and multi-cabin configurations that offer more personalized service. In addition, 32,000 new cabin crew will be required to support business aviation.

For more information about the Pilot & Technician Outlook, please visit: http://www.boeing.com/commercial/market

For the 2018 Business Environment Update, please visit: http://www.boeing.com/commercial/market/boeing-market-insight

About Boeing

Boeing is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in more than 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. With corporate offices in Chicago, Boeing employs more than 140,000 people across the U.S. and in more than 65 countries.

Contact

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

SOURCE : Boeing Website

Farnborough 2018 – Day 3 Highlights