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To: scion who wrote (19247)11/17/2009 3:19:16 PM
From: scion  Respond to of 19428
 
Boeing Wins First Airshow Orders

NOVEMBER 17, 2009, 7:28 A.M. ET
Associated Press
online.wsj.com

DUBAI, United Arab Emirates -- Boeing Co. scored its first aircraft orders at the Dubai Airshow on Tuesday, getting requests for a total of 11 737-800 jetliners from two Algerian airlines.

The Chicago-based plane maker had lagged behind European rival Airbus, which has announced deals every day since the show began Sunday. Airbus picked up a handful of additional orders of its own Tuesday, including one for two planes that will break the record for packing passengers in.

Both of Boeing's orders came from airlines backed by the Algerian government. Seven of the planes will be used by the North African country's national flag carrier Air Algerie, eventually bringing the airline's 737 fleet to 22 planes.

Air Algerie Chief Executive Abdelwahid Bouabdallah called the order "a natural progression" for the airline, because its crew is already familiar with the aircraft.

Tassili Airlines ordered the other four 737s. That carrier is fully owned by Algeria's state-owned oil company Sonatrach, which plans to use the planes to transport employees and cargo to work sites.

Boeing didn't provide a value for the deal. The planes sell for between $72.5 million and $81 million at list prices, but buyers typically negotiate discounts, particularly in tough financial times.

Boeing's main competitor Airbus also added to its order tally at the show with a pair of relatively small deals.

This week's order book for the weeklong aviation fair, the Middle East's biggest, looks likely to be only a fraction of the previous show's $155 billion total.

The last show in 2007 saw massive orders for both Boeing and Airbus from fast-growing Gulf carriers such as Dubai's Emirates airline and Qatar Airways who have been largely quiet this time around.

Airbus said it got orders from Air Austral for two "high density" Airbus A380s that each will be packed by about 840 seats -- easily the most passengers ever to fly in a single airplane.

The airline, based on the French island of Reunion in the Indian Ocean, plans to offer only economy class in the two planes on flights between the territory and Paris.

Airbus Chief Operating Officer John Leahy valued each plane at $330 million to $335 million at list prices.

Airbus also signed orders with Nepal Airlines for an A320 and an A330 plane. The airline said it has options for six additional aircraft. The Nepal Airlines deal, valued at $250 million, is

Airbus's fourth order at the show.

Also Tuesday, Embraer said it sold five 175 regional jets to Oman Air in the Brazilian plane maker's only deal of the show. Embraer valued the deal at $177.5 million.

online.wsj.com



To: scion who wrote (19247)7/18/2010 7:58:00 PM
From: scion  Read Replies (1) | Respond to of 19428
 
Boeing 787 Lands in Farnborough

JULY 18, 2010, 7:30 P.M. ET
By PETER SANDERS
online.wsj.com

FARNBOROUGH, England—The aerospace industry's biggest annual trade show begins here on Monday, but the Farnborough International Airshow's most anticipated event went off without a hitch on Sunday morning when Boeing Co.'s 787 Dreamliner landed and began its first visit outside the U.S.

Boeing's 787 Dreamliner jet, whose delivery to clients faces fresh delays, landed Sunday in England after its first flight outside the U.S., in advance of the Farnborough International Airshow. Video Courtesy of Sky News.

After a nearly nine-hour flight from Seattle, the white twin-engine jet with a dark blue racing stripe touched down shortly after 9 a.m. local time and was quickly parked in front of company officials, media and VIPs on hand to greet it. Boeing Chariman and Chief Executive Jim McNerney led company directors on a private tour of the aircraft, followed by a tour for a Congressional delegation from the U.S. that included Sens. Tom Harkin, Lindsey Graham and James Inhofe.

The Dreamliner's arrival at Farnborough is a milestone for Chicago-based Boeing and the troubled 787 program, which is nearly three years behind schedule. A year ago, at the Paris Air Show, Boeing executives were insistent that the Dreamliner was on track to make its first flight by June 30, but in the week following the show, they disclosed a design flaw and were forced to again delay the jet's first flight by six months.

The plane finally made its first flight on Dec. 15 and five of the six Dreamliners slated for the test-flight program are now flying. The sixth is scheduled to make its maiden flight sometime in August, company officials say. The ongoing delays have damaged Boeing's credibility with its customers and forced the company to pay billions of dollars in penalties and concessions. But the plane remains a popular choice among airlines with 866 on order from 56 customers.

"For a long time we've been on the bleeding edge of technology [with this plane] and now it's nice to finally be on the leading edge," said Mr. McNerney, speaking to reporters in front of the parked Dreamliner.

As media and other visitors flocked around and inside the 787, rival Airbus's massive A380 superjumbo, parked only a few hundred feet away, garnered little attention for the first time since it began making the air show rounds a few years ago.

Boeing is giving Air Show attendees their first up-close look at the plane, which will be here until Tuesday afternoon when it flies back to Seattle to re-join the test-flight fleet. The Dreamliner Boeing brought to Farnborough is the third of the six planes in the test program and the only one outfitted with a partial passenger cabin, which gives visitors an idea of what the interior will look like when the plane enters service with Japan's All Nippon Airways Co.

Boeing officials say the plane is still on track to enter service by the end of this year, but last week they cautioned for the first time that the first delivery could again slip by a few weeks, into the new year. And while much attention will be lavished on the Dreamliner, there will be focus on any major new airplane orders announced in the coming week and any news from Boeing or Airbus about what their plans are for their profitable and popular narrow-body airplanes, which in recent months have faced increased competitive pressure from other manufacturers.

Write to Peter Sanders at peter.sanders@wsj.com

online.wsj.com