Jump to content
MalaysianWings - Malaysia's Premier Aviation Portal
Sign in to follow this  
S V Choong

Boeing to announce $8 billion orders at Singapore Airshow

Recommended Posts

Boeing to announce $8 billion orders at Singapore Airshow

 

Company executive in charge of plane sales said purchases were mostly by carriers from Malaysia and Indonesia

Tarun Shukla

 

At Asia's largest aviation industry event later this month in Singapore, aircraft maker Boeing Co. may not announce any big-ticket order from Indian carriers but it will unveil purchase orders for about 100 planes worth up to $8 billion (Rs31,520 crore) from South-East Asian carriers, signalling continued aircraft demand in the region.

 

Higher ground: A file photo of Boeing's assembly unit in Everett, Washington. Ahead of the Singapore ­Airshow, the company has already received confirmation for at least 85 aircraft.The Boeing executive in charge of plane sales declined to name the airlines placing that order, the Chicago, US-based firm's biggest order since Dubai Aerospace Enterprise's similar order of $10 billion at list prices late last year, but said the purchases were mostly by carriers from Malaysia and Indonesia.

 

Boeing has received confirmation for at least 85 aircraft already, and another 15 are likely to be finalized soon. About 90% of the orders would be the narrow-body 737-800 and 737-900 ER, besides the long-haul 777 planes.

 

"It would be announced on the starting day" Boeing's vice-president for commercial airplanes sales, Dinesh A. Keskar, said in an interview.

 

The six-day-long Singapore Airshow starts on 19 February, and the show organizers ­expect to see nearly 15,000 overseas visitors.

Airbus SAS' expected orders at the air show are not known yet. Both Boeing and Airbus, the world's top civilian aircraft manufacturers, have traditionally timed mega orders at air shows.

 

The Asia-Pacific region, including high-growth economies India and China, was second to the West Asian aviation market measured by growth in passengers flown last year, according to the International Air Transport Association (Iata), an international grouping of 240 carriers.

At list prices, which are usually discounted when the deal is signed, the orders on Boeing are expected to be around $8 billion.

 

"It would be a breakthrough for (Boeing),” Tony Fernandes, chief executive officer of AirAsia Bhd, which runs the region's largest low-fare airline AirAsia, said over phone. "They haven't had a 737 order in a long time (in this region)."

 

In Asia-Pacific, Airbus leads Boeing by the number of planes, helped by demand for its popular medium-haul aircraft such as the A320. Worldwide, Boeing outpaced Airbus last year by a 72-plane lead over its Toulouse, France-based rival's 1,341 orders.

 

Fernandes, who runs his airline on an Airbus fleet, agreed Boeing was more popular for its wide-body aircraft with the exception of Japan. AirAsia X, an international low-fare carrier that Fernandes started in January last year, is weighing between the Boeing's 787, also referred to as the Dreamliner, and Airbus' 340/350 for its long-haul routes, though an announcement is unlikely this month.

 

In India, Boeing said, it is in talks with carriers such as Jet Airways (India) Ltd for new aircraft orders, deliveries for which can start only after 2014. "It's not that growth is not there, but majority of the problem is overcapacity,” Keskar said. Three Indian carriers, including the state-owned Air India, use Boeing planes.

While there could be limited orders from India this year given the consolidation among airlines here, Boeing hopes to start its much-delayed aircraft maintenance centre in Nagpur by the "second quarter" of the next fiscal year as part of the 68 long-haul aircraft deal signed in 2006 with Air India.

 

http://www.livemint.com/2008/02/04000324/B...-8-billion.html

Edited by S V Choong

Share this post


Link to post
Share on other sites
Why the BIG Malaysian orders (if there's any) are not announced in LIMA? Because it is a LOW/NO class airshow?

 

Because that airshow is more prestigious?? :pardon: :pardon: :pardon:

 

Which raises another set of question: why don't they just postpone the order to Farnborough or Paris or Dubai Air Show?? :pardon: :pardon: :pardon:

Share this post


Link to post
Share on other sites

Did Garuda or any other Indonesian airline mention anything about new planes?

 

I think it is without doubt that MAS are the major customers for the 737's. But damn I hope they got the 773's as well.

 

Assuming MAS placed an order of $5b and as Boeing says, 90% were for narrow bodies,

 

That would mean they ordered about 45 737's (~$3.5b) and 5 773's (~$1.5b).

Share this post


Link to post
Share on other sites

This is exactly why LIMA will continue to be a 'kampung' air show. Dubai and singapore air shows have grown in stature to become one of the top five airshows in the world.

 

MAS and AK should announce their orders in LIMA. Dubai airshow is big cos Emirates and all the other ME carriers announce their large orders there. this will stimulate business.

Share this post


Link to post
Share on other sites

SQ already has options on the 77W's, so would it be considered a new 'deal' to be supposedly announced?

 

SQ also seems to be having some A/C shortage, and this is their airshow, so no doubt they would have some major orders.

 

I've read that they are looking into the possibility of ordering the A350-1000's though.

Share this post


Link to post
Share on other sites
Did Garuda or any other Indonesian airline mention anything about new planes?

 

I think it is without doubt that MAS are the major customers for the 737's. But damn I hope they got the 773's as well.

 

Assuming MAS placed an order of $5b and as Boeing says, 90% were for narrow bodies,

 

That would mean they ordered about 45 737's (~$3.5b) and 5 773's (~$1.5b).

 

 

There is a lot of speculation that the bulk of the 737NG will be for MH.... who knows!?!

 

An extract from Bangkok Post and the link http://www.bangkokpost.com/020208_Business...b2008_biz36.php

(how reliable is another story)..

 

"..Mr Idris said the carrier planned to announce its decision on fleet expansion by the end of this quarter. It reportedly plans to acquire about 110 new aircraft as part of a long-term overhaul. The plan includes 55 wide-bodied long-range aircraft and 55 narrow-bodied medium-range planes _ estimated to cost up to $14.3 billion..."

 

Hopefully MH will buy some baby Boeings.... as (quote, unquote from another source)...

 

“It would be a breakthrough for (Boeing),” Tony Fernandes, chief executive officer of AirAsia Bhd, which runs the region’s largest low-fare airline AirAsia, said over phone. “They haven’t had a 737 order in a long time (in this region).”

 

Cheers! Chris

Share this post


Link to post
Share on other sites

Unfortunately the supposed $14.3b order for 110 new aircraft by MH is news from about 10 months ago and nothing materialized.

 

I doubt MH will spend that much though it certainly won't hurt if they did.

 

I just can't take reading so many negative stuff so one positive news would be nice :)

Share this post


Link to post
Share on other sites

well...IJ&co said they would announce it end of Q1.... its been on going for many many months now. their much anticipated BTP2 was a washout ... i'm hoping this will be different. key word is 'hoping'.

 

 

Share this post


Link to post
Share on other sites

Wonder if MH will order 737NG for the NB replacement.

 

It has been widely speculate that MH will buy A320, and for quick delivery will buy it from a certain "Tengku F." who has ordered hundreds of A320 from Airbus. And of course this "Tengku F." will make some quick money from the deal.

Share this post


Link to post
Share on other sites
Why the BIG Malaysian orders (if there's any) are not announced in LIMA? Because it is a LOW/NO class airshow?

 

Nothing compared :blink:

Share this post


Link to post
Share on other sites
Wonder if MH will order 737NG for the NB replacement.

 

It has been widely speculate that MH will buy A320, and for quick delivery will buy it from a certain "Tengku F." who has ordered hundreds of A320 from Airbus. And of course this "Tengku F." will make some quick money from the deal.

 

Care to elaborate?

 

Tengku F.?

 

Why would he want to order tons of Airbuses?

Share this post


Link to post
Share on other sites
Care to elaborate?

 

Tengku F.?

 

Why would he want to order tons of Airbuses?

 

*Hint*

 

"Tengku F." who has ordered hundreds of A320 from Airbus.

 

- Who has the most numbers of A320 in Malaysia?

- Who has the quickest delivery of A320 fleet in Malaysia? (On average delivery of one A320 per month)

 

:p

Edited by Adrian M

Share this post


Link to post
Share on other sites
Did Garuda or any other Indonesian airline mention anything about new planes?

 

Lion Air is known to order some extra 900's...

 

 

It has been widely speculate that MH will buy A320, and for quick delivery will buy it from a certain "Tengku F." who has ordered hundreds of A320 from Airbus. And of course this "Tengku F." will make some quick money from the deal.

 

A very surprising move !!! :good: :pardon:

Share this post


Link to post
Share on other sites

May still work out - Datuk IJ has said MH is likely to lease in new birds while awaiting her own, increasingly likely now to be 737NG's.

 

So, said Tengku could generate some extra revenue, MH gets early delivery slots, Boeing gets a new 737NG customer and Airbus can claim to have unseated the 737 from MH finally. Altogether a very cosy win-win scenario no ?! :pardon:

Share this post


Link to post
Share on other sites

With all due respect to the news article, I think it has been a speculation since 2003 when rumours were around of MH ordering new planes, I guess we will just have to wait and see how it goes, if it is true or not !! :sorry:

Share this post


Link to post
Share on other sites
With all due respect to the news article, I think it has been a speculation since 2003 when rumours were around of MH ordering new planes, I guess we will just have to wait and see how it goes, if it is true or not !! :sorry:

 

Precisely, let's just wait and see...we had waited long enough with disappointment and hope that this time is real.

 

Share this post


Link to post
Share on other sites
Guest Michael

It is getting closer to the fleet renewal for MAS it should be announced at this air show.

Share this post


Link to post
Share on other sites
Sign in to follow this  

×
×
  • Create New...