November 6, 2020, ©. Leeham News: In our series on Hydrogen as an energy store for airliners we now look at how to create a supply industry for hydrogen.
The problem of a sizable and competitive hydrogen supply industry is a chicken or egg problem. To achieve a competitive and functioning hydrogen transport system we need an adequate hydrogen infrastructure and to get an adequate hydrogen industry we need large-scale consumers.
By Vincent Valery
The 787-10 was developed as a minimum change stretch of the 787-9. Keeping it at the same gross weight as the 787-9 meant it could share the same wing and landing gear, yet offer a higher capacity. The longer fuselage meant higher empty weight and drag so the range of the -10 was cut compared with the other Dreamliners.
By the Leeham News Team
Nov. 5, 2020, © Leeham News: Research and Development spending by the Airbus and Boeing commercial units declined year-over-year.
Boeing’s spending typically lags Airbus. Richard Aboulafia, a consultant with Teal Group, for years criticized Boeing over its smaller spending, favoring instead shareholder value. Airbus overtook Boeing is innovative single-aisle airplane development years ago. Boeing’s choice of creating a 777 derivative instead of a new design to compete with the A350-1000 proved to be a weak move. There are only a handful of customers and the skyline is weak.
By the Leeham News Team
Nov. 2, 2020, © Leeham News: When Boeing announced consolidation of the 787 Program in Charleston, Washington State and local officials—as well as thousands of employees—hoped that if production rates recovered, the final assembly line in Everett would reopen.
However, for Everett and Washington State, the message is clear. The 787 is leaving for good.
Boeing made it clear that consolidation wouldn’t happen if Charleston couldn’t grow the production beyond the current maximum of 7/mo.
LNA’s analysis makes it clear the South Carolina facility can do so.
Nov. 2, 2020, © Leeham News: Throughout the 737 MAX investigations and recertification process, former Boeing CEO Dennis Muilenburg said there would be no delay on 777X certification.
On Boeing’s earnings call last week, Muilenburg’s successor, David Calhoun, said there could be.
“On the 777X, we continue to work with the regulators on certification work scope, including reflecting the learnings from the 737 cert process,” Calhoun said. “As with any development program, there are inherent risks that can affect schedule. And while we continue to drive toward entry into service in 2022, this timing will ultimately be influenced by certification requirements defined by the regulators.”
Boeing is certifying the 777X under the Changed Product Rule, the same process used for the MAX. Certification is being pursued as a derivative of the 777, a point of scrutiny on the MAX.
October 30, 2020, ©. Leeham News: In our series on Hydrogen as an energy store for airliners we now address the problem of liquid hydrogen supply for air transport.
Before we go into the ecosystem and its costs, let’s start with a more principle discussion. Is continuing today’s consumption pattern a valid alternative?
October 29, 2020, © Leeham News: Airbus announced its third-quarter 2020 financial results today. It has achieved convergence of production and deliveries by delivering 145 aircraft in the quarter and 341 since the start of the year. It will keep its present production rates until next summer when A320neo rates are expected to increase.
The convergence of production and delivery rates combined with other measures has stopped the outflow of cash and Free Cash Flow from operations was positive in the quarter and is expected to stay positive until the end of 2020.
By Bjorn Fehrm
October 29, 2020, © Leeham News: We look deeper at the 787-9, the most successful member of the Dreamliner family. It’s 50 seats larger than the 787-8 but shares the same wing dimensions and engines.
The 787-9 quickly overtook the smaller 787-8 in sales and deliveries once its performance was clear to the airlines.
By following on the 787-8 it could benefit from many enhancements in design and production, becoming a very efficient aircraft in the process. To check its efficiency we run the 787-9 against its predecessor, the Boeing 777-200ER, on the San Francisco to Sydney route and look at the data.
Oct. 28, 2020, © Leeham News: Boeing released its 3Q2020 and nine months financial report this morning and, as expected, it wasn’t pretty.
By Scott Hamilton
Oct. 28, 2020, © Leeham News: A key supplier to Airbus and Boeing believes there will be a “significant upturn” in passenger traffic and aircraft demand in 2022, well before consensus.
Hexcel provides composites and other materials for the Airbus A320 and A350 and Boeing 737 MAX.
And Raytheon Technologies sees passenger traffic returning to pre-COVID levels in 2023, depending on widespread use of vaccines.
Consensus is a return to pre-COVID levels in 2024.
In its 3Q2020 earnings press release Oct. 20, Hexcel’s CEO, Nick Stanage said, “The overall long-term demand for aircraft and our advanced composites technology remains robust, and the potential for a significant upturn in 2022 and beyond looks positive.”
The actions we are taking will ensure that Hexcel emerges from the effects of this pandemic stronger than ever. As we do, our liquidity will have been strengthened, our cost structure will be reset, and we will be well positioned to deliver strong shareholder returns.”
Quizzed on the earnings call, Stanage elaborated: