Honeywell has entered the detailed design phase of the satellite communications (satcom) system hardware it is developing for Inmarsat’s new Global Xpress Ka-band satellite network. The company aims to secure Inmarsat network access approval for the satcom system in 2014.
Boeing and Ryanair reached terms on the U.S. manufacturer’s largest ever firm aircraft order from a European airline yesterday. The deal, worth $15.6 billion at current list prices, calls for delivery over five years of 175 new Boeing 737-800s starting in September 2014. The order stands to raise Ryanair’s fleet count to more than 400 by the summer of 2018 from about 300 today.
CIT Aerospace placed a firm order for 30 Boeing 737 Max 8s here yesterday. The order, worth some $3 billion at list prices, calls for delivery to the airline’s lessors in 2019 and 2020.
Appearing with Boeing Commercial Airplanes CEO Ray Conner, CIT Transportation Finance president Jeffrey Knittel said he hasn’t yet placed any of the airplanes, but that he harbors no concerns about placing all 30 over the next few years, well ahead of first delivery. “We don’t anticipate any issues,” said Knittel. “The interest level should be very high.”
The 2013 Paris Air Show is on track to be the one of the highest-value air shows ever in terms of new business announcements. A brief analysis by AIN showed that by the end of yesterday sales on the civil side alone had already topped $165 billion. This total covered airliners, helicopters, business aircraft and engines, but excluded any associated service contracts. It included a lot of as-yet unconfirmed options and commitments, but AIN did exclude any previously announced business (where the customer identity had simply been confirmed).
Boeing has shifted its 737 Max schedules to reflect first delivery of the Max 8 to Southwest Airlines in the third quarter of 2017, as early as six months ahead of the original plan, Boeing Commercial Airplanes vice president and general manager Scott Fancher revealed here in Paris yesterday. As a result, schedules for the Max 9 and Max 7 would also shift by at least a quarter. The company expects the program to reach firm design configuration in July. “The risks are understood, they’re being managed effectively and we have no serious technical issues to deal with,” said Fancher.
Aircraft propulsion and actuation systems supplier Woodward is nearly doubling its manufacturing footprint in Rockford, Illinois, reflecting the increased content the company has won on new narrowbody aircraft and derivatives.
At a briefing here Monday, the Pentagon’s V-22 Osprey program manager presented a long list of countries that had shown some interest in acquiring the Bell-Boeing tiltrotor. Marine Corps Col. Greg Masiello cautioned that only Israel had firmed up a contract and that his office’s contact with some of the others was still in the early stages. Nevertheless, the list is interesting and worth repeating: Australia, Brazil, Canada, Colombia, France, India, Israel, Italy, Japan, Libya, Qatar, Saudi Arabia, Singapore, U.A.E. and the UK.
GE Aviation has started building components and is “on track” with its GE9X engine development to meet Boeing’s objective of improving fuel burn by 10 percent on the new 777X widebody.
Boeing fired the starting pistol on the much-anticipated launch of the 787-10 here yesterday, in the process collecting order commitments for 102 airplanes from five customers across Europe, Asia and North America. Air Lease, United Airlines, GE Capital Aviation Services, British Airways and Singapore Airlines form the group of launch customers.
Boeing got another big boost for its widebody lineup here yesterday when Korean Air committed to another five 747-8Is and six 777-300ERs worth $3.6 billion at list prices. Also a customer for the Airbus A380, Korean has now signaled its intention to place a second order for the superjumbo’s competitor, production of which Boeing recently cut from two airplanes to 1.75 per month. Boeing holds firm orders for just 40 Intercontinentals and 65 freighters.