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Boeing Delivers First 787 Dreamliner for WestJet

Boeing today delivered the first of ten 787 Dreamliners to WestJet, marking the start of the airline’s global expansion. Having long operated a fleet of Boeing single-aisle jets, WestJet will use the super-efficient, long-range 787-9 Dreamliner to profitably serve new international routes.”Today’s delivery marks a new chapter for WestJet,” said Ed Sims, president and CEO of Calgary-based WestJet. “Boeing’s 787 Dreamliner is one of the most technologically advanced aircraft ever flown and is the perfect platform for our transition to a global network carrier. We look forward to bringing Canadians to the world and the world to Canada in comfort and style.”

This spring, WestJet will use the 787-9 – the longest-range Dreamliner that can fly 7,635 nautical miles (14,140km) – to offer the first-ever flight connecting Calgary and Dublin. The airline will also offer non-stop Dreamliner service between Calgary and London Gatwick and Calgary and Paris.

The 787 Dreamliner – the fastest-selling widebody jet in history with about 1,400 orders – allows airlines to reduce fuel use and emissions by 20 to 25 percent and serve far-away destinations. The combination of super fuel efficiency and long range has helped airlines save more than 30 billion pounds of fuel and open more than 210 non-stop routes.

WestJet’s 787-9 will accommodate 320 passengers in a three-class configuration. The Dreamliner’s passenger-pleasing interior, which includes large windows, lower-cabin altitude and smooth-ride technology, complements WestJet’s all-new business cabin featuring the carrier’s first lie-flat seats.

“We are excited to welcome our friends at WestJet to the Dreamliner family. The airline has achieved impressive growth with the Boeing 737 and will now use the 787’s unmatched performance and passenger comforts to profitably launch a new ‘global era’,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing for The Boeing Company.

In preparation for its new Dreamliners, WestJet recently added digital solutions powered by Boeing AnalytX, to optimize its operations. These include Airplane Health Management, which provides predictive analytics to optimize WestJet’s 787 fleet operations, as well as Toolbox, which delivers real-time information for technicians to quickly resolve maintenance issues and keep airlines on schedule.

Story and image from http://www.boeing.com

United Airlines Reports Full-Year and Fourth-Quarter 2018 Performance


PR Newswire – January 15, 2019

Q4 unit revenue up 5.0% year-over-year; full-year diluted 2018 EPS of $7.70; adjusted diluted EPS of $9.13

CHICAGO, Jan. 15, 2019 /PRNewswire/ — In a departure from industry trends, United (UAL) announced today that its fourth-quarter unit revenue came in at the high end of its guidance range and also exceeded its full-year adjusted diluted earnings per share target laid out last January. UAL reported full-year net income of $2.1 billion, diluted earnings per share of $7.70 (a 9.1 percent increase year-over-year), pre-tax earnings of $2.7 billion and pre-tax margin of 6.4 percent. UAL reported adjusted full-year net income of $2.5 billion, adjusted pre-tax earnings of $3.2 billion and adjusted pre-tax margin of 7.7 percent.UAL increased its full-year 2018 adjusted diluted earnings per share outlook three times during the year despite a $2.4 billion year-over-year headwind from fuel. Full-year adjusted diluted earnings per share increased 33.5 percent year-over-year to $9.13, above the high end of the company’s most recent guidance range.

“United’s financial performance is a testament to the successful implementation of the first year of our strategic plan and to the record-setting operational performance powered by the more than 90,000 airline professionals who work at United,” said Oscar Munoz, chief executive officer of United Airlines. “United delivered proof, not just promises in 2018 – even in the face of significant headwinds from higher than expected fuel costs. It’s why I couldn’t be more proud of our winning culture and customer-focused team and continue to be enthusiastic about United’s bright future.”

For 2019, UAL expects adjusted diluted earnings per share to again grow year-over-year to between $10.00 to $12.00.2

  • UAL reported fourth-quarter net income of $462 million, diluted earnings per share of $1.70, pre-tax earnings of $556 million and pre-tax margin of 5.3 percent.
  • UAL reported fourth-quarter adjusted net income of $657 million, adjusted diluted earnings per share of $2.41 and adjusted pre-tax earnings of $814 million.
  • UAL reported fourth-quarter adjusted pre-tax margin of 7.8 percent,1 expanding margin on an adjusted basis of 0.9 points versus the fourth-quarter of 2017.
  • UAL recovered 98% percent of the year-over-year increase in fuel prices in 2018.
  • Consolidated fourth-quarter passenger revenue per available seat mile (PRASM) increased 5 percent year-over-year, at the high end of the company’s fourth-quarter 2018 guidance range.
  • Consolidated fourth-quarter unit cost per available seat mile (CASM) increased 7.0 percent year-over-year.
  • Consolidated fourth-quarter CASM, excluding special charges, third-party business expenses, fuel and profit sharing, decreased 0.7 percent year-over-year.
  • Employees earned $334 million in profit sharing for 2018.

For more information on UAL’s first-quarter and full-year 2019 guidance, please visit ir.united.com for the company’s investor update.

2018 Highlights

Record-Setting Operational Performance3

  • Set new UAL records by flying the most revenue passengers ever, operating the most mainline departures and achieving the fewest cancellations ever in a year, resulting in more UAL customers departing on-time in 2018 than ever before.
  • For the year, achieved the best completion rate in company history with more than 1.7 million flights.
  • In 2018, achieved the best ever company STAR performance (first departures of the day), with nearly 250,000 flights leaving on time.
  • In the fourth quarter, the company achieved top-tier performance in on-time departures among its largest competitors. For the December holiday season, UAL had its best-ever on-time departure performance while flying the most revenue customers it had ever flown during the holiday period.

Customer Experience

  • Opened three new United Polaris lounges located in San Francisco International Airport, Newark Liberty International Airport and Houston’s George Bush Intercontinental Airport.
  • Announced UAL’s newest premium seating, United® Premium Plus, which will provide more space, comfort and amenities on select international flights starting later this year.
  • Introduced a new boarding process designed to reduce customers’ stress by reducing time spent waiting in line and providing them with improved boarding information.
  • Expanded personal device entertainment option to all aircraft, providing at least one free entertainment option on all Wi-Fi equipped aircraft.
  • MileagePlus loyalty program voted Best Overall Frequent-Flyer Program in the world for the 15th consecutive year by readers of Global Traveler, and voted Favorite Frequent-Flyer Program in the Trazee Awards.

Employees

  • Employees earned incentive payments totaling approximately $14 million for achieving operational performance goals in the quarter, marking a full year of earned incentive payments totaling $55 million.
  • Introduced and trained over 90,000 team members on UAL’s new customer service decision framework, the core4, which focuses on the principles of safe, caring, dependable and efficient.
  • Deployed 6,000 iPads to maintenance employees, improving reliability and efficiency.
  • Unveiled a state-of-the-art flight training center in Denver, Colorado – the largest in the world and home to the company’s more than 30 full flight simulators representing all of UAL’s fleet types.
  • Successfully completed the full implementation of the flight attendant joint collective bargaining agreement, allowing the company to operate more efficiently and reliably.
  • Achieved the top score of 100 percent on the 2018 Disability Equality Index (DEI), a prominent benchmarking metric that rates U.S. companies on their disability inclusion policies and practices, also earning UAL a place on DEI’s 2018 “Best Places to Work” list.
  • Received “Best-of-the-Best” Award from the National LGBT Chamber of Commerce and National Business Inclusion Consortium for commitment to diversity and inclusion across all communities.

Network

  • Introduced 93 new routes, adding more flights in 2018 than any other U.S. airline.
  • Announced new international service including Washington-Dulles to Tel Aviv, Israel; San Francisco to Amsterdam, Netherlands; Newark/New York to Naples, Italy; as well as Newark/New York to Prague, Czech Republic and Denver to Frankfurt, Germany, all subject to government approval.
  • Launched several exciting new international routes including Houston to Sydney, San Francisco to Tahiti and Denver to London.
  • Announced schedule expansion at East Coast hubs in Newark/New York and Washington-Dulles to offer more nonstop flights to destinations popular with New York-area customers while reallocating largely connecting passenger flights to Washington-Dulles.
  • Announced a joint business agreement with Compañía Panameña de Aviación S.A. (Copa), Aerovías del Continente Americano S.A. (Avianca) and many of Avianca’s affiliates, pending government approval.

Fleet

  • Took delivery of 21 new Boeing aircraft, including four 777-300ER, four 787-9, three 787-10 and ten 737 MAX 9 aircraft.
  • In December 2018, ordered an additional four Boeing 777-300ER aircraft and 24 737 MAX aircraft.

Community and Environment

  • Pledged to reduce the company’s greenhouse gas emissions by 50 percent by 2050, the only U.S. airline to commit to emissions reductions, further strengthening UAL’s ambition to be the world’s most environmentally conscious airline.
  • Announced a total of $8 million in grants to benefit organizations in each of UAL’s domestic hub communities.
  • Announced new global partnership with the Special Olympics and flew hundreds of Team USA Olympic and Paralympic Winter Games 2018 athletes, coaches and family members to PyeongChang, South Korea, continuing the 38-year relationship between UAL and the United States Olympic Committee.
  • Ranked No. 1 among global carriers in Newsweek’s 2017 Global 500 Green Rankings, one of the most recognized environmental performance assessments of the world’s largest publicly traded companies.
  • Launched a Crowdrise fundraising campaign to support those affected by Hurricane Florence, Typhoon Mangkhut, flooding in Western Japan, wildfires in California and other disasters.

Earnings Call

UAL will hold a conference call to discuss its fourth-quarter and full-year 2018 financial results and its financial and operational outlook for the first quarter and full year of 2019 on Wednesday, January 16, at 9:30 a.m. Central time /10:30 a.m. Eastern time. A live, listen-only webcast of the conference call will be available at ir.united.com. The webcast will be available for replay within 24 hours of the conference call and then archived on the website for three months.

United Airlines’ First 787-10 Begins Regular Service

LOS ANGELES, Jan. 7, 2019 /PRNewswire/ — Today, United Airlines’ first Boeing 787-10 Dreamliner began regular service as UA2418, departing from Los Angeles International Airport traveling to Newark Liberty International Airport. United is the first carrier in the world to operate all three Dreamliner models, including the 787-8, 787-9 and now the longest model, the 787-10.

The Dreamliner’s entry into scheduled service continues United’s comprehensive fleet plan, while providing an improved experience for customers. The aircraft is United’s first Dreamliner model delivered with the airline’s signature Polaris business class seats, and new United® Premium Plus seats. Boeing’s Dreamliners are known for dramatically improving the on board experience for customers with lower cabin altitude, better humidity, cleaner air, smoother ride and better sound quality. Additionally, the new Dreamliner provides better fuel efficiency than older aircraft, contributing to United’s commitment to reducing emissions by 50 percent by 2050.

As previously announced, United expects its second Dreamliner to enter service between its hubs in San Francisco and New York/Newark in February, and begin international service in March.

For more information on United’s 787-10, and other fleet updates visit United’s Fleet Newsroom.

Story and image from http://www.united.com

Boeing Tops Analysts’ Forecasts For Quarterly Profit

(Reuters) – Boeing (BA.N) topped analysts’ forecasts for quarterly profit on Wednesday despite a series of charges on U.S. military programs and raised its forecasts for annual profit as it continued to benefit from a boom in global air travel and airplanes.

Shares of the world’s biggest planemaker were up 4.5 percent in premarket trading, helping brighten the mood on Wall Street after a handful of shaky results on Tuesday from U.S. manufacturers hurt by concerns over global trade.

Soaring demand from commercial airlines has driven another surge in revenues for Boeing over the past year, pushing shares in the company up by roughly a third over the past 12 months.

Those moves have been dented somewhat by a combination of the trade worries, this year’s greater market volatility and a series of recurring charges for its delay-plagued KC-46 tanker program.

Boeing recorded another $176 million in charges in the quarter on the aerial refueling tanker, bringing the total cost of the program to more than $3 billion.

It also took a charge of $691 million related to the MQ25 refueling drone and T-X training jet contracts it won in August and September, offset in part by a $412 million tax benefit.

Despite the charges, Chief Executive Officer Dennis Muilenburg played up the new T-X and MQ25 business and completion of a static test model of its forthcoming 777X widebody, with two test flight jetliners in production.

“This strong underlying performance, along with growth across our businesses we’ve seen throughout the year, give us confidence to raise our 2018 revenue and earnings guidance and reaffirm our operating cash flow guidance.”

Boeing raised its full-year profit forecast to $14.90-$15.10 from a previous $14.30-$14.50 per share, and revenue to a range of $98 billion to $100 billion, up from $97 billion to $99 billion.

The Chicago-based firm’s core earnings, which exclude some pension and other costs, came in 11 cents above analysts’ average forecast at $3.58 per share in the quarter ended Sept. 30.

Boeing has delivered 568 aircraft in the first nine months of 2018 despite production snarls on its best-selling 737 narrowbody, up from 554 at the end of September a year ago, putting it on track to deliver another record year of plane sales.

That keeps the manufacturer, which aims to deliver between 810-815 planes in 2018, in front of its European rival Airbus SE (AIR.PA), which delivered 503 aircraft through September this year. Airbus shares gained 2.7 percent.

(Reporting by Ankit Ajmera in Bengaluru; editing by Patrick Graham and Nick Zieminski)

Boeing Delivers First 787-9 Dreamliner to Juneyao Airlines

In other recent Boeing news, the company delivered the first 787-9 Dreamliner for Shanghai-based Juneyao Airlines. The new, super-efficient Dreamliner will also be the first widebody commercial jet operated by a privately-held Chinese airline.

“This delivery is our airline’s biggest milestone and marks a big step toward expanding our network in China and beyond,” said Wang Junjin, Chairman, Juneyao Airlines. “As the market-leading widebody model, the 787-9 Dreamliner will play a key role in our global business growth.”

Juneyao Airlines, previously an all-Airbus operator, mainly offers flights from Shanghai to more than 50 cities across China. In introducing the long-range 787 Dreamliner, the carrier is looking to expand its international network and increase flights to Southeast Asia, Japan and Korea.

The 787-9 is part of a family of three airplanes that offer long ranges and unmatched fuel efficiency in the 200 to 350 seat market. The 787-9 can carry 290 passengers and fly up to 7,635 nautical miles (14,140 km), while reducing fuel use and emissions by 20 to 25 percent compared to older airplanes. Passengers will appreciate a more comfortable flight thanks to the Dreamliner’s large windows, lower cabin altitude, smooth-ride technology, and other amenities.

“We are delighted to welcome Juneyao to the growing 787 Dreamliner family. We are confident that the Dreamliner’s fuel efficiency, range and passenger-pleasing features will power the next stage of Juneyao Airlines’ expansion,” said Ihssane Mounir, senior vice president of Commercial Sales & Marketing at The Boeing Company. “This delivery marks the first of 10 787-9 Dreamliners for Juneyao and their emergence as an international carrier.”

To ensure a smooth introduction of the Dreamliner, Juneyao Airlines will use Boeing Global Services’ pilot training. The airline will also employ electronic flight bag in the flight deck to improve operational efficiency. On other aircraft, Juneyao uses Boeing’s tailored charting services and flight planning solutions.

Lufthansa Is Giving Boeing a Shot at New Wide-Body Deal

(Bloomberg) — Deutsche Lufthansa AG is trying to decide whether to take its first Boeing Co. 787 Dreamliners, or to expand its fleet of Airbus SE’s marquee A350 wide-body jets as it updates its long-range aircraft, according to people familiar with the plans.

Lufthansa has requested proposals from both Airbus and Boeing, and is looking to order about 20 jets in a deal that may be finalized in the next few months, said the people, who asked not to be identified as the discussions are private.

Click the link below for the full story!

Lufthansa Is Giving Boeing a Shot

Boeing, Air Lease Corp., Deliver First Air Tahiti Nui 787-9 Dreamliner

Boeing Press Release:

Boeing, Air Lease Corp., and Air Tahiti Nui celebrated the delivery of the airline’s first 787-9 Dreamliner, via lease from ALC. This is the first Boeing airplane to join the Tahitian airline, which plans to use the longest-range Dreamliner to replace aging A340s and connect its home base in the South Pacific with world capitals such as Paris, Tokyo and Los Angeles.

Air Tahiti Nui joins other carriers in the Pacific who operate long-distance routes in switching to the super-efficient and long-range 787-9. The airplane can fly up to 7,635 nautical miles (14,140 km), while reducing fuel use and emissions by 20 to 25 percent compared to older airplanes.

Air Tahiti Nui configured its new Dreamliner to seat 294 passengers in three classes. The cabin features a new business class equipped with 30 full lie-flat seats, along with 32 premium economy seats.

“Our dream has finally become reality with the arrival of Air Tahiti Nui’s first 787-9 Dreamliner,” said Michel Monvoisin, Chief Executive Officer and Chairman of Air Tahiti Nui. “The Tahitian Dreamliner will make flying to one of the world’s treasures an unforgettable experience, as we introduce new seats and a culturally inspired cabin on the 787. As we celebrate our 20th anniversary this year, the 787 Dreamliner will guide us towards another successful 20 years and beyond.”

The airline announced in 2015 it would lease two 787s through ALC and purchase two 787s directly from Boeing as part of its plan to upgrade its fleet for the future.

French Polynesia President Edouard Fritch and other government dignitaries joined the airline in celebrating the milestone delivery at Boeing’s South Carolina Delivery Center.

“We are pleased to deliver ALC’s first aircraft to Air Tahiti Nui,” said Marc Baer, Executive Vice President of Air Lease Corporation. “The capabilities of the 787 will help enhance Air Tahiti Nui’s commercial operations and will significantly increase the efficiency of its future fleet.”

“We are honored to welcome Air Tahiti Nui as a new Boeing customer and the latest member of the 787 Dreamliner family. We are confident the airplane’s market-leading efficiency and unmatched passenger comforts will transform the airline’s operation,” said Ihssane Mounir, Vice President, Commercial Sales & Marketing, Boeing Commercial Airplanes. “This delivery opens a new partnership between Boeing and Air Tahiti Nui, and demonstrates the strength of our partnership with ALC.”

Image from: www.boeing.com 

United Airlines Flight To Sydney Declares ‘Fuel Mayday’

United Airlines flight 839 from Los Angeles landed safely in Sydney, Australia today after the pilot issued a ‘Fuel Mayday’, officials said. The aircraft, a Boeing 787-9 Dreamliner, landed safely at Sydney International Airport. The plane reported a mechanical issue, and stronger than anticipated headwinds than contributed to the flight getting down to its fuel reserve.

The aircraft was carrying 180 passengers and a crew of 14. Once an aircraft gets down to its fuel reserve in flight, it’s required to declare a “fuel mayday”. This alerts local air traffic control to issue the plane a “priority landing”, putting it ahead of other aircraft that are on approach.

Boeing, Air Lease, EVA Air Celebrate Airline’s First 787-9 Dreamliner

Image and post from www.boeing.com

Boeing, Air Lease Corp., and EVA Air today celebrated the delivery of the airline’s first 787-9 Dreamliner, via lease from ALC, at Boeing’s South Carolina Delivery Center. EVA Air plans to debut the long-range and super-efficient airplane in November on international routes.

“This milestone delivery marks the beginning of a new era for EVA Air as we continue to revolutionize Taiwan’s dynamic commercial aviation industry,” said Steve Lin, Chairman of EVA Air. “The 787 Dreamliner’s extraordinary efficiency and passenger pleasing cabin features will further elevate EVA Air’s position as a five-star global airline. We are excited to introduce the 787 into our fleet and they will play an integral role in our success going forward.”

Built with lightweight composite materials and powered by advanced GEnx engines from General Electric (GE) Aviation, the 787 Dreamliner family lowers operating costs by more than 20 percent compared to previous airplanes, and nearly 10 percent compared to today’s competing jets.

Today’s delivery marks the first of 24 Dreamliners for the Taipei-based airline. In 2015, EVA Air announced a landmark order for 18 787-10 airplanes along with plans to operate four 787-9s and two 787-10s on lease from ALC. This remains the largest commercial airplane purchase in Taiwan’s history.

“ALC is pleased to deliver this historic first Boeing 787-9 to EVA Air and further our strong relationship with a world-class airline,” said Steven Udvar-Házy, Executive Chairman of Air Lease Corporation. “As the first airline in Taiwan to operate a Boeing 787-9 Dreamliner, EVA Air will continue to excel as a leading international airline with the most technologically advanced and fuel-efficient fleet.”

“We are extremely honored that EVA will be introducing the new 787 Dreamliner to their world-class fleet,” said Kevin McAllister, President and CEO of Boeing Commercial Airplanes. “This milestone delivery signals yet another chapter in our enduring partnership with EVA. I am confident that the market-leading capabilities of the 787 will contribute immensely to the airline’s long-term success.”

A member of Star Alliance, EVA Air serves international routes with approximately 565 weekly flights. Onboard the airline’s new 787 Dreamliner, passengers can experience EVA Air’s new Royal Laurel business class seats designed by Designworks, a BMW Group company. At 23 inches wide, the new seats feature privacy panels, full lie-flat capabilities as well as enhanced in-flight entertainment systems. EVA Air also partnered with Teague, to redesign its economy class seats, which are produced by Recaro.

To improve the operational efficiency of its 787s, EVA Air plans to use a variety of Boeing Global Services tools, including Maintenance Performance Toolbox, Airplane Health Management and the electronic flight bag product.

The airline will also use Component Services, where Boeing and its partners own, manage and maintain a global pool of high-value rotable parts, components and line-replaceable units (LRU) for convenient access.

United Airlines Adding To Boeing 787 Order Book

United Airlines placed an order today for an additional nine Boeing 787-9 aircraft worth an estimated $1.3 billion, with deliveries starting in 2020. The deal raises Boeing’s total 787 order book for 2018 to 105 aircraft, surpassing the 94 orders it received for all of 2017. United also announced that it will add the Boeing 787 Dreamliner on its routes between Newark and both Los Angeles and San Francisco.

The airline already operates a fleet of 25 of the 787-9, and 12 of the smaller 787-8. United now has a total of 13 Boeing 787-9’s on order, in addition to 14 of the larger 787-10 dreamliners.

United also stated today that Dreamliner aircraft operating the routes between San Francisco and Los Angeles to Newark will include United Polaris business-class and Premium Plus seats, but will not include access to the airline’s high-end Polaris Club lounges available at select United Airlines airports.

SpaceX to Launch Upgraded Falcon 9 Rocket

The next launch by  Space Exploration Technologies Corp. appears almost routine by now: A satellite owned by Bangladesh will blast into orbit on top of a reusable Falcon 9 rocket, then the booster will land back on a drone ship to be launched again at a later date. SpaceX has already done this 24 times—11 by land, 13 by sea.  

But Thursday’s launch will mark the debut of a slightly different rocket, called Falcon 9 Block 5, that SpaceX has crafted to more quickly send an already used rocket back into space. The new rocket is “designed to be capable of 10 or more flights with very limited refurbishment,”SpaceX said ahead of the launch.

Click the link below for the full story!

SpaceX to Launch Upgraded Falcon 9 Rocket

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