Boeing and Qatar Airways have finalised an order for four 777 freighters, valued at US$1.24 billion at current list prices. The airline also has purchase rights for four additional airplanes, which when exercised will bring the combined value to US$2.46 billion. Qatar Airways first announced an intent to order the four 777 freighters at the 2014 Farnborough Airshow. “As Qatar Airways develops its cargo route network, we are pleased they have selected the 777 freighter to be part of … [Read more...] about Qatar Air finalises order for four 777 freighters
777
Boeing should replace 777 not 737: Analyst
Boeing’s top priority should be replacing its 777 widebody jet, not the 737 narrowbody, according to J.P. Morgan analyst Joseph Nadol who warned that Airbus’s new A350XWB widebody family, which is scheduled to enter service in 2015, already is eating into 777 sales. Nadol notes that 777 backlog peaked more than two years ago and now totals just 3.2 years' worth of production, compared with nearly five years' worth of production in the 737 backlog. “Boeing still needs … [Read more...] about Boeing should replace 777 not 737: Analyst
Boeing wins US$1.3 billion order from Ethiopian
Boeing and Ethiopian Airlines have announced an order for five Boeing 777-200LRs, worth an estimated US$1.3 billion at list prices making it the largest order of the year for Boeing. With the order, Ethiopian Airlines becomes the first African carrier to order and operate the ultra-long-range 777-200LR model. Ethiopian was the first African carrier to order the 787 Dreamliner, ordering 10 in 2005. Based in Addis Ababa, Ethiopia, the carrier is investing in the additional airplanes to expand its … [Read more...] about Boeing wins US$1.3 billion order from Ethiopian
Boeing cuts 777 production by 28%
Hit by the global economic slowdown that has savaged the global airline industry, Boeing has announced production cuts in its widebody programmes from the middle of next year. The US airframer announced that its 777 production rate will decrease from seven to five aircraft per month beginning in June 2010, representing a 28 per cent cut. It added that previous plans to moderately increase 747-8 and 767 production, each currently at about one per month, have been suspended. Boeing said the cut … [Read more...] about Boeing cuts 777 production by 28%
Boeing/Air France celebrate 777th B777
Boeing and longtime partner Air France celebrated milestones recently with the delivery of the 777th Boeing 777 airplane. The new Boeing 777-300ER also will be the first to bear a new Air France livery and company brand identity. Air France operates one of the largest fleets of 777s in the world and was the launch customer for both the 777-300ER and the 777 Freighter. "The 777 has been a valuable asset to the long-haul fleet of Air France and it is the right aircraft to allow us to maximize our … [Read more...] about Boeing/Air France celebrate 777th B777