Tuesday, July 19, 2016

Wide Body Report - July 19, 2016

July 19, 2016

Qatar Airways is reportedly considering a buy of additional 777-300ERs, taking advantage of lowered prices as Boeing prepares for the launch of the new 777X and as sales of older 777 models dry up.  Qatar already has an order for 60 Boeing 777X models as well as an order for 37 of the competing Airbus A350-1000s.

In an interview at this past week's Farnborough Air Show, Aengus Kelly, CEO of the leasing company AerCap, related that his firm has no interest in buying additional 777 models prior to the roll-out of the 777X - emphasizing a trend in 777 sales that has persisted since Boeing first announced development of the 777X model in 2013.

Ethiopian Airlines has begun flights from New York-Newark to Addis Ababa flying the Boeing 787 Dreamliner.

As the Boeing aircraft company turned 100 this past week, Boeing rolled out a line-up of every Boeing commercial airliner from the 707 to the 787 at the Museum of Flight in Seattle.

Leasing firm AerCap has delivered a second Airbus A350-900 to Cathay Pacific Airways.  The first such aircraft was delivered to Cathay Pacific in May.

Airbus is advertising a dispatch reliability rate for its A350-900 twin-aisle aircraft of 98.5%.

Not to be out-done by the impressive Boeing 787 flying display at this past week's Farnborough Air Show, Airbus' A350 performed a nearly vertical take-off as part of its flight routine.

Confirming earlier speculation, Airbus has announced that the production rate for its A380 super-jumbo airline will be cut to one aircraft per month by 2018 - less than half of its peak production rate.

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