Tuesday, June 28, 2016

Wide Body Report - June 28, 2016

June 28, 2016


Boeing has closed on a deal with Iran for the supply of 80 aircraft, including four 747-8 jumbo jets, forty 737 MAX single-aisle jets, six current-generation 737s, fifteen 777-300ERs, and fifteen 777-9X aircraft.  Deliveries would stretch through 2025.
http://www.wsj.com/articles/proposed-boeing-iran-air-deal-involves-80-jets-1466701529


Sri Lanka is negotiating a deal to re-sell three of the Airbus A350-900 aircraft that it currently has on order to Iran.  The previous Sri Lankan government signed a contract in 2013 for the purchase of eight A350-900s, which the current government has concluded exceeds the requirements of its small national airline.
http://www.tehrantimes.com/news/403778/Sri-Lanka-negotiating-with-Iran-Air-to-dispose-3-Airbus-A350-900


Analysts at Wells Fargo Securities and J.P. Morgan are warning that the demand for new wide-body airlines has continued to soften, casting new challenges on proposed production ramp-ups for the Boeing 787 and Airbus A350.  The dry-up in demand is driven by a number of elements, including a temporary glut in used aircraft, and Middle East airlines which have cut back from earlier spending sprees for new jets.
http://www.kansas.com/news/business/aviation/article85367957.html


Airbus expects to begin assembly of the first A330 NEO in October.  The re-engined A330 NEO model is aimed at the lower-size market for the Boeing 787, complementing the larger A350-900 which competes with larger 787 models.
http://aviationweek.com/commercial-aviation/airbus-starting-a330neo-final-assembly-october
http://aviationweek.com/awincommercial/airbus-says-a330neo-development-track


Airbus is preparing a demonstration tour across China to market its A350-900.  The demonstrator aircraft is expected to fly to Beijing, Shanghai, Guangzhou, Haikou and Chengdu.  Two Chinese airlines have ordered a total of thirty A350-900s between them, to date.
http://atwonline.com/airframes/airbus-set-fly-a350-900-china

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