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Posted on 07/18/2006 1:28:11 PM PDT by Paleo Conservative
Edited on 07/18/2006 1:43:44 PM PDT by Admin Moderator. [history]
Mulally said Boeing has a record high backlog that at the end of the first quarter topped $132 billion, more than double what it was just three years ago. The 787 is leading the charge with 28 customers for 403 aircraft. But he was coy on any new assembly line for the type with suppliers ramping up production capability within existing infrastructure. "We have not taken that [second production line] yet," he said.
He was candid on some supplier delays and weight issues on the 787 but told media that fixes are in place to address them. "We have never missed a guarantee to a customer," he said. "Everything looks real good." The 787 and 777 account for 61% of Boeing's backlog, with the 737 at 32%, the 747 at 7% and the 767 making up the balance.
Mulally declared that the 767 will continue to make a contribution to the backlog for "some time yet." He explained that as demand for 787s outstrips supply, airlines are seeking 767s to fill capacity shortfalls. He added that despite fuel prices, yields and productivity are rising and load factors are at all-time highs as the industry continues to restructure and liberalize.
However, he would not be drawn into how airline profitability will affect Boeing's sales--which stand at 480 to date--for the balance of this year. The company is hoping that its 747-8 will contribute to sales and that process should start Tuesday with an order for 10 from Emirates. It is understood that airline, which has orders for 45 A380s, is interested in the 747-8 Intercontinental.
And Emirates is not the only carrier interested. According to Mulally, 25 airlines are working closely with Boeing defining the final configuration of the Intercontinental. He told ATWOnline that the manufacturer is "continuing trade studies" on stretching the Intercontinental to the same length as the freighter and the configuration will be frozen by mid-2007.
by Geoffrey Thomas
If you want on or off my aerospace ping list, please contact me by Freep mail.
At some point, you reach the limit of the amount of fuel the fuel companies can supply, and the number of passengers.
Of course, all those planes might just be replacing less efficient planes.
Yep, we are on a roll. Was up at the factory yesterday.
Al Gore hates you...........
Let Airbus sell to a few countries and companies we detest...... let Boeing sell to everyone else. :^)
Wait, the list of GOVERNMENTS I detest is getting rather long - well I don't want to limit Boeing too much, let's just say when Boeing buries Airbus then countries we detest the MOST can go to the end of the line..........
It seems to me that there are still a lot of 767's MD11's and,perhaps,747's that can replaced by the 787.
This A/C will introduce many new systems from what I understand. No bleed air. Electric pacs. No hydraulic plumbing. It could potentially be the next 737 in number of sales
"Yep, we are on a roll."
Should not hurt the stock price. Or the Period 6 and 7 ShareValue payouts.
Sounds like you work for Boeing,or at least have some connection to them.As well as things are going for Boeing right now,I hope that neither the management nor the unions there get so greedy as to gum up the works with labor trouble or anything of that sort.
Mercifully, the stock has been doing quite nicely after years in the doldrums.
Used to work there. Still work with em at times.
Yep, there is always potential for idiocy at any large company.
Don't forget all of those old Airbusted's that need to be replaced as well!
Calling all Liberals! Boeing may have record profits!
Pretty good year for Boeing so far. Per Aviation Week: as of July 5th, Boeing had 480 orders year to date compared to Airbus's 117--and 96 of those 117 were for the small, single-aisle aircraft.
In the 767/777/787-A330/340/350 market segment, Boeing racked up sales of 95 aircraft compared to 21 for Airbus.
Airbus's long range flagship, the A340-600, received no orders at all so far this year. The 777-300 has basically stomped on it--unless someone starts giving away fuel.
As for the Big Boys, Boeing has sold 11 747-400s and 800s YTD. I don’t believe Airbus has sold a single A380 so far this year.
Ouch.
Still, I wouldn't write off Airbus. Their production outstrips Boeing's by a good clip and their backlog is huge. Maybe the new management over there will listen to their customers.
No, Y-1 the 737 replacement will be the next 737 in number of sales. Boeing has already surpassed the number of 737 classics built with the number of Next Generation 737's ordered. The 737 replacement will easily sell over 5,000 copies.
Airbus today "introduced" the A350 XWB (Extra Wide Body) to compete with the Dreamliner.
Early possibilities for names are the Airbus Fantasy Liner, the Airbus Would-We-Lie-To-You? Liner and the Airbus Brooklyn Bridge. Rejected names included Airbus Catbox Liner, Airbus éléphant blanc, and Titanic.
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