Tuesday, January 26, 2016

Wide Body Report - January 26, 2016

January 26, 2016


Gulf Air, the national carrier of Bahrain, has announced a restructured order for 16 787-9 Dreamliners, replacing a previous order for 16 787-8 models.  The -9 version features longer range and capacity than the -8.  The announcement came at the Bahrain Air Show, which also saw Bahrain convert an order for 20 wide-body A330-300 airlines into single aisle A320 NEO family aircraft.
http://www.reuters.com/article/gulf-air-boeing-orders-idUSD5N14K00G
http://gulfnews.com/business/aviation/gulf-air-to-buy-40-boeing-airbus-aircraft-at-bahrain-air-show-1.1657264


Investors are expected to focus on Dreamliner profitability during Boeing's upcoming 4th quarter conference call, scheduled for January 27th.  Boeing had raised its EPS and full-year revenue guidance during its 3Q earnings call, and attention will be on whether that forecast was met.
http://amigobulls.com/articles/focus-on-dreamliner-787-profitability-in-boeing-q4-2015-earnings-results


Boeing has announced plans to reduce its production rate for the 747 airliner to just six a year, as it stretches out deliveries for the last remaining orders.
http://www.ft.com/fastft/2016/01/21/boeing-747-on-life-support-as-production-cut-to-6-a-year/


Iran has struck a deal with Airbus for the delivery of 8 A380 super-jumbo jets, and 16 A350 airlines, as it rebuilds its national airlines following decades of economic sanctions.
http://www.cnbc.com/2016/01/24/iran-airbus-strike-deal-for-8-a-380-16-a-350-jets.html

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