Demonstrating a degree of public humility many feel has been all too absent among the bankers collectively responsible for the global financial crisis, Boeing Commercial Airplanes CEO Scott Carson offered no further excuses for the delays that have plagued the 787 and 747-8 this month during the J.P. Morgan Aviation and Transportation Conference in New York. “The stumbles we have made have been embarrassing for us,” Carson said.
Boeing Commercial Airplanes
Boeing Capital and Grupo Mexicana today announced they have entered a lease agreement covering 25 Boeing 717-200s for use by the airline group’s MexicanaClick operation. Under the terms of the contract, MexicanaClick will begin receiving the 717s from Boeing Capital later this month and launch service early next month, according to a Boeing Commercial Airplanes spokesman, making it the first North American 717 operator outside the U.S.
Boeing Commercial Airplanes plans to maintain current production rates through the end of this year and projects little likelihood that it would have to trim production by more than 10 percent next year, notwithstanding calls for far steeper cuts expressed by ILCF chief Steven Udvar Hazy.
Boeing today reported that it took orders for 662 commercial airplanes last year, raising its backlog of unfilled commercial deliveries to more than 3,700. The release of the figures officially signaled the end of a three-year boom during which it inked orders for more than 1,000 airplanes each year from 2005 to 2007, when it registered a record tally of 1,413.
Talks between Boeing and its striking machinists could resume this weekend under the terms of an agreement to return to the bargaining table more than a month after 27,000 members of the International Association of Machinists walked off the job September 6.
Describing it as a “very exciting time to be an OEM,” Boeing Business Jets announced that during the past year it has added 21 aircraft worth approximately $3 billion to its backlog. Overall, the company claims a total backlog of 59 aircraft consisting of 33 of its BBJ family and 26 widebodies worth a total of $8.2 billion.
A Japanese industrial trading company and a U.S. aviation management and services firm doing business on Guam have joined forces at NBAA ’02 to market shares in Boeing Business Jets (BBJ) to companies and individuals throughout Asia.
Boeing last Thursday moved the 787 prototype designated for fatigue testing (aircraft No. 4) from the final assembly factory in Everett, Wash., to another production bay at the facility, where assembly work will continue. The move paves the way for the second flight-test airplane (aircraft No. 3) to advance to the next position in the production line today.
A record order backlog for Boeing 737s has put Boeing Business Jet president Steven Hill in something of a quandary. On one hand, residual values on used airplanes keep rising, but a customer for a new airplane could have to wait 10 years for delivery. “That is a turnoff” for potential customers, conceded Hill, although Boeing Business Jets (Booth No. 7479) itself continues to see its own backlog grow to unprecedented levels.
Despite a slowing economy that is diminishing the rate of orders for some business jet manufacturers, delivery rates for many other manufacturers are holding firm. For example, Boeing reports that it delivered eight Boeing Business Jets in the first half of this year, the same number it delivered in the first half of last year. Since being introduced in 1996, 36 BBJs have entered service.