Subscription Required
Dec. 4, 2017, © Leeham Co.: Officially, Boeing says the New Midmarket Aircraft (NMA, or 797) entry-into-service will be around 2024-25 if the program is launched.
LNC has learned the target date now being discussed is 2027.
This means the 737 replacement likewise slips, with EIS after 2030 instead of late next decade or in 2030.
The new NMA target date, which we’ve heard from the supply chain and customer base, gives further impetus to the prospect of restarting the 767-300ER passenger production, a decision that is supposed to be made by the end of this year.
By Bjorn Fehrm
October 31, 2017, ©. Leeham Co: Airbus Group presented its third quarter results this morning. Revenue was stable at €43bn, but orders were down 31% compared with the first nine months of 2016.
Operating profit was down 25%, mainly because of less A320neo deliveries, as engines are scarce.
Subscription Required
Oct. 16, 2017, © Leeham Co.: President Donald Trump announced Friday he will decertify the Iran nuclear deal, throwing into doubt a host of related commercial deals, including huge aircraft orders.
Trump hasn’t gone so far as to withdraw from the pact, but he still threatens to do so unless Congress makes changes he wants.
Here in the US, focus is, of course, on the commitment by Iran for Boeing aircraft—none of which are firm contracts, but “commitments” to order.
Of less focus here, if any, is on the outstanding orders placed by Iran for Airbus and ATR aircraft, which are subject to US licensing.
By Bjorn Fehrm
August 23, 2016, ©. Leeham Co: WOW Air is the smallest LCC to offer long-haul services over the Atlantic. And it’s the best-placed.
AirAsia X’s CEO explained its early problems with flying long-haul LCC. It was flying too far. Ideal is sectors shorter than seven hours. Fly longer and aircraft/crew utilization suffers. You can only do one turn a day.
With a placement at Reykjavik, Iceland, WOW Air can collect traffic at six hours or less from both sides of the Atlantic. It then connects them over its hub in the middle.
By Bjorn Fehrm
Subscription Required
Introduction
August 10, 2017, © Leeham Co.: Last week we started the look into how the Airbus A321neo could be incrementally improved. To understand what can improve an aircraft, ones need to understand its limitations.
The A321neo is mainly limited by its wing, which is highly loaded. But there are ways around this limitation other than developing a new wing, an exercise which would require time, money and a new certification program.
Having understood the limitations, we now look into what can be done about them.
Summary:
Aug. 7, 2017, © Leeham Co.: The quote appeared on Twitter, citing the chairman of Air Lease Corp, Steven Udvar-Hazy:
“I would simply but strongly encourage the OEMs to carefully review their production rate aspirations closely and realistically.”
Hazy, often (but erroneously) called the “Godfather of leasing,” is a voice to be reckoned with. He is enormously influential with Airbus, Boeing, lessors and the industry. He’s been a launch customer of several aircraft new aircraft models and, if he’s not the Godfather of leasing (this title really belongs to the late George Batchelor), Hazy raised aircraft leasing to a fine art.
So, when the quote appeared on Twitter, I sat up in my chair.
Was Hazy suggesting Airbus and Boeing will be producing too many airplanes, creating a supply-demand imbalance?
By Bjorn Fehrm
Subscription Required
August 03, 2017, © Leeham Co.: The Airbus A321 has been in its own single aisle league for capacity and with the A321LR for capacity and range.
With Boeing’s launch of the 737 MAX 10, the unique position has taken a hit. With A321 occupying 40% of Airbus single aisle sales, Airbus is examining how to re-open the gap.There is much talk about an A322: an aircraft with new wing, engines and so forth. This is a major undertaking and will need new engines for its realization. Couldn’t Airbus improve the A321 as it is?
We look into what short term improvements can be done to the A321, and what these would give.
By Bjorn Fehrm
July 27, 2017, ©. Leeham Co: Airbus Group presented its 2Q2017 results this morning. The result for the first half and the full year of 2017 is decided by A320neo engine deliveries.
Out of a planned 200 A320neo deliveries for the year, Airbus could deliver 54 aircraft during the first half, with 35 completed aircraft waiting for engines on the Airbus tarmac.
By Bjorn Fehrm
July 11, 2017, © Leeham Co.: In our review of Norwegian Air Shuttle (Norwegian) the 8 of February, we pointed out the company’s ambitious fleet expansion plans with a rather weak balance sheet. We followed up with a second article the 15th of February where we analyzed the risky fleet plans further.
Last week, the longtime Norwegian CFO, Frode Foss, departed. It sent shock waves through analysts and the stock tanked 8% in a day.
The departure of a CFO is many times the pre-warning of troubled times. Foss was with Norwegian for 15 years. It was not a planned departure and Foss has no successor. The post is run by the Investor Relations manager in the interim. Read more
Boeing’s tactical option for MOM sector
Subscription RequiredIntroduction
Aug. 14, 2017, © Leeham Co.: It’s not a done deal yet—the business for the so-called Boeing 797 remains a challenge. But the consensus is that Boeing will launch the program next year, for an entry-into-service around 2025.
Boeing 797 concept. Source: Boeing.
Yet there are airlines that say they don’t want to wait that long for a new airplane.
What are their choices?
Read more
7 Comments
Posted on August 14, 2017 by Scott Hamilton
air force tanker, Airbus, Airlines, American Airlines, Boeing, Bombardier, CFM, Delta Air Lines, GE Aviation, Leasing, Leeham News and Comment, Middle of the Market, MOM, Pratt & Whitney, United Airlines, US Airways
737-10, 737-9, 757, 767-200ER, 767-300ER, 777, 777-300ER, 797, A330-200, A330-800, Airbus, airlines, American Airlines, Boeing, Delta Air Lines, Japan Air Lines, Middle of the Market, MOM, New Midrange Aircraft, NMA, United Airlines