Tuesday, August 23, 2016

Wide Body Report - August 23, 2016

August 23, 2016

Japan's All Nippon Airways (ANA) received its 50th Boeing 787 Dreamliner this past week.  ANA was the launch customer for the 787.

Russia's Aeroflot is reportedly looking to sell its contract for the purchase of twenty two Boeing 787s.  The cash-strapped airline had previously announced that it was delaying delivery of the aircraft.

TAL Manufacturing Solutions, a division of India's Tata, has begun delivering floor beams to Boeing for the 787 Dreamliner.

Jetstar is making emergency repairs to 11 engines to resolve an oil pressure problem that forced a Jetstar 787 to make an emergency landing in Guam after the engine shut-down mid-flight.  The repairs affect half of the Australian airline's GEnx engines, and will eventually be extended to its entire engine fleet.

Boeing has signaled that it would be willing to convert Pakistan Internaional Airlines' (PIA's) existing orders for the 777-300ER to orders for the 787 Dreamliner, as the airliner struggles to return to profitability.

Market analysts have concluded that Boeing has become increasingly reliant on deliveries of the 737 and 787 as the market for the 747 and the current 777 model fades.  This makes it all the more essential that Boeing quickly transition the 787 from a money drain into a profitable venture as it attempts to make up for lost deliveries on its previous money-makers.

In an unusual gesture, Airbus is offering overtime to its workers as it labors to get its A350 delivery schedule back on track.  The unusual offer for overtime pay would allow the A350 assembly line to remain open through the month of August, when most of Europe traditionally has shut-down for a month-long vacation.

Ethiopian Airlines has taken delivery of its second Airbus A350-900.

With production rates for the Airbus A380 cut to one aircraft per month, it is becoming less and less likely that the super-jumbo will achieve more than half of its originally forecast market of 600-700 aircraft.

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