Here’s the last of three stories on the Boeing 737, the A320neo and the new Boeing airplane.
It’s stunning news: Boeing may be shelving, at least for now, the prospect of a new airplane widely anticipated to be announced at the Paris Air Show.
Boeing previously shelved the prospective 737RE (Re-Engine).
Buckingham Research, a boutique New York investment bank with a good track record of forecasting Boeing moves, issued a note today in which it said Boeing is rethinking the new airplane. Buckingham writes:
Here’s an article we did on changing messaging at Boeing about the 737 and the A320neo.
Date: | 11/04/2011 10:07 |
Source: | Commercial Aviation Online |
Location: | Seattle |
By: | Scott Hamilton |
Boeing’s messaging on the 737 against the Airbus A320neo has changed subtly in recent weeks. Does this signal a slight shift in Boeing’s intentions whether to proceed with a new airplane in the 737/757 class?
Boeing dismisses the business case for the A320neo, until recently saying the 737-800NG has only a 2-3% cash operating cost deficit today versus the projected NEO economics. By the time the A320neo entered service what was originally announced as Spring 2016, Boeing officials were confident that they could improve the economics of the 737-800 by at least that amount, retaining a fleet advantage of one engine type and a lighter airplane.
But Boeing’s message has shifted slightly.
Here’s an article on values we did for Commercial Aviation Online:
Date: | 11/04/2011 08:04 |
Source: | Commercial Aviation Online |
Location: | Seattle |
By: | Scott Hamilton |
The in-flight fuselage rupture caused by metal fatigue is, in the end, likely to have little affect on Boeing 737 Classic values, predicts Fred Klein, president of Aviation Specialists.
1. Entertaining look at Leahy and A320neo
Max Kingsley-Jones, editor of Airline Business, has this amusing take on Airbus COO John Leahy and Leahy’s view of his latest toy, the A320neo.
Last week we received a couple of inquiries and comments about the investment Airbus has made in the NEO and whether this will be worth it. Figures publicly issued by Airbus were that the investment in NEO is about $1.5bn.
What is not discussed but which is widely known within insider circles is that the engine makers, Pratt & Whitney and CFM, are footing most of the bill. We don’t know the split between the engine OEMs and Airbus, but we understand the engine share is not insignificant. Thus, the actual financial risk to Airbus is, by R&D standards, pretty small. We remarked to one who inquired that NEO will probably have one of the best ROIs for Airbus of any program.
Aviation Week’s Robert Wall has this story about the NEO, emerging from the Airbus 320neo briefing last week.
Our partner at AirInsight, Addison Schonland, has posted additional reports from his attendance to the Airbus neo event April 5.
Tom Williams, EVP briefing.
John Leahy’s briefing. This is different than the one-on-one interview Addison had.
Keeping the A320 in production to 2030 decade.
Airbus held a media day today about the A320neo; we were scheduled to go to Toulouse for this event but circumstances required we stay in Seattle, so our partner at AirInsight, Addison Schonland, made the journey.
He obtained an exclusive interview with John Leahy, COO Customers. Here is his report. Addison will have additional reports later in the week.
Note: Dominic Gates of The Seattle Times has a particularly thorough piece looking at this incident. The Wall Street Journal also has a good story on the topic. The New York Times has this story.
Update, April 5: Flightblogger has this story about how the 737s subject to the AD were identified. As Jon Ostrower closes his piece, he asks what the design changes were. KIRO TV (Seattle) told us that Boeing told it design changes were made to strengthen that area of the airplane.
Original Post:
The FAA said late April 4 that it will issue an airworthiness directive April 5 requiring immediate inspections of 175 Boeing 737-300/400/500 aircraft, following the Southwest Airlines in-flight decompression April 1. Eighty of the aircraft are in the US. Only those with more than 30,000 cycles are affected.
The FAA press release is here.
Other countries with reciprocity airworthiness agreements with the US–such as Germany, for example–will follow the FAA’s AD. Countries without airworthiness agreements with the US aren’t required to follow the FAA AD, and it’s unclear how many aircraft are involved.
Southwest Airlines suffered a second in-flight decompression of a Boeing 737-300 yesterday. This is the second–the first was in July 2009.
Both airplanes were 15-year old 737-300s and the failure on both airplanes were in the aft fuselage. The 2009 incident involved a hole in front of the vertical fin about one foot in size. Friday’s incident was bigger, about three feet, further forward and on the left size but aft of the wing.
Southwest grounded 79 737-300s for inspection, all about 15 years old. The company doesn’t have word how long the inspections will take; about 300 flights will be canceled today.