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Tag: Singapore (Page 10 of 10)

Boeing and GE appear to win big American Airlines order

American Airlines (AAL) has reportedly ended talks with Airbus (EADSY) for its A330neo aircraft, making it appear as if Boeing (BA) and General Electric (GE) will walk away as the winners of the large widebody aircraft order.

American is looking to purchase 25 to 30 new widebody aircraft, which would have a value of around $8 billion at list price. Large customers are usually able to negotiate large discounts, so the real would probably land somewhere around the $4 billion mark.

Airbus has reportedly commented that it was not able to match the Boeing price for its 787 Dreamliners. American Airlines is also reportedly looking to cancel an earlier order it had placed for 22 Airbus A350 aircraft.

This deal would also be a huge win for struggling General Electric, whose engines look like the winner for the order over Rolls Royce, according to reports from Reuters. If the Boeing win at American is finalized, it would be the second big blow for the A330 this month following Hawaiian Airlines (HA) announcement that it would switch its A330-800 order for the Boeing 787. The Airbus A330neo has been struggling to get passenger orders, forcing Airbus to consider offering the aircraft in a cargo version to help increase sales.

Boeing also stated that it has just delivered its first 787-10 Dreamliner to Singapore Airlines yesterday.

First Airbus A350-900ULR aircraft rolls off assembly line

The first of manufacturer Airbus’s A350-900 Ultra Long Range (ULR) aircraft rolled off the final assembly line at the company’s facility in Toulouse today, ahead of its delivery to launch customer Singapore Airlines later in 2018.

The A350-900ULR is a new variant of the manufacturer’s existing A350-900 aircraft that is able to fly greater distances than both its predecessor and, according to Airbus, any other commercial aircraft. Airbus claims the aircraft is capable of flying distances of up to of 9,700 nautical miles, or 17,964 kilometres, or for durations exceeding 20 hours.

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First Airbus A350-900ULR rolls

Singapore Airlines Announces Order for 39 Boeing Aircraft

Singapore Airlines formally announced a deal today for 20 777-9 and 19 787-10 Boeing airliners during a ceremony at the White House. The order was previously attributed to an unidentified customer, and is worth $13.8 billion at list price. Airlines usually negotiate large discounts off the list price, and the deal is estimated to actually be around $6.5 billion. The deal will help to sustain more than 70,000 direct and indirect jobs in the United States. Singapore Airlines also added options to take delivery of up to 6 additional 777-9’s and 6 787-10 aircraft.

The airline will be the launch customer for the 787-10. The aircraft are scheduled to begin deliveries in the first half of 2018, and the new order is in addition to a prior order for 30 787-10’s. Singapore now has 49 787-10’s on order, making it the largest customer for the latest 787 aircraft type. The carrier plans on using the new 787-10 version on its medium-range routes, with the 777-9 operating on the airlines longer-haul routes. The large Asian air carrier and its subsidiaries operate the Boeing 737-800, 737-MAX 8, 787-8, 787-9, 777, and 747-400 aircraft types.

The deal for the new Boeing jets comes on the heels of the airlines announcement last May that they will not be renewing the leases on the first 5 of their Airbus 380 jets. The first of those 5 will be returned to its lessor in October, 2017. The next four will be retired over the following year. Singapore Airlines does have another five A380’s currently on its order book scheduled for deliveries in 2018 and 2019. It would not surprise me if these orders ended up being canceled, or converted to a different Airbus aircraft type. The A380 has failed to live up to European plane makers expectations, as only 216 aircraft are in service with 13 operators as of September 30, 2017. There are “officially” orders for about 100 more aircraft, but those deliveries are on shaky ground, at best. Emirates appears to be the only airline that has been able to make the A380 fleet work, but they have deferred their remaining A380’s on order amid slowing growth.

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