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Old October 16th, 2013, 08:42 PM   #661
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With the 747-8 it's probably not really an issue how long it stays a MoU since it doesn't have a big firm backlog. So Transaero can wait quite a bit before firming it up which usually includes a down payment. They can take the time and thereby delay the initial investment without risking losing the delivery slots.
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Old October 17th, 2013, 12:58 AM   #662
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I thought there was a time limit of how long airlines can keep a MoU. Or is that during a back log like the MAX/NEO/787/A350.
I do hope that Transaero firms up that order. I like there livery on the 747. Maybe they will order more A380s and 747-8Is.
Does anyone know where the 747-8Is would fly to? I could see the 747-8Is in LAX/JFK/NRT/LHR/TLV (I know TLV is a long shot) or other destinations they serve.Because the A380s will probably end up flying to say Barcelona, Phuket, Dubai or other touristy destinations.
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Old October 17th, 2013, 08:47 AM   #663
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There are probably always time limits, even for this order. But Boeing would be crazy if they would make a big issue out of it with the 747-8.

These are simple agreements between the manufacturer and the customer, they can be changed along the way if both parties agree. It also on what both parties agreed specifically in the 1st place and how big the down payment is for signing the MoU. If an airline reserved specific delivery slots then a deadline is more likely to be more tight then when the delivery times are more flexible.
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Old October 18th, 2013, 09:44 PM   #664
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Boeing has confirmed that they are reducing the production rate in a press release.


Quote:
Boeing Adjusts 747-8 Production Rate

EVERETT, Wash., Oct. 18, 2013 /PRNewswire/ -- Boeing [NYSE: BA] announced that it will adjust the production rate for the 747-8 program from 1.75 airplanes to 1.5 airplanes per month through 2015 because of lower market demand for large passenger and freighter airplanes.

"This production adjustment better aligns us with near-term demand while stabilizing our production flow, and better positions the program to offer the 747-8's compelling economics and performance when the market recovers," said Eric Lindblad, vice president and general manager, 747 Program, Boeing Commercial Airplanes. "Although we are making a small adjustment to our production rate, it doesn't change our confidence in the 747-8 or our commitment to the program."

The company expects long-term average growth in the air cargo market to begin returning in 2014, and forecasts global demand for 760 large airplanes (such as the 747-8) over the next 20 years, valued at $280 billion.

The 747-8 family provides airlines with double-digit improvements in fuel efficiency, operating costs and emissions, while being 30 percent quieter and adding more capacity. To date, the 747-8 has accumulated 107 orders for passenger and cargo versions, 56 of which have been delivered.

The first delivery at the new production rate is expected in early 2014. The production rate change is not expected to have a significant financial impact.
http://boeing.mediaroom.com/2013-10-...roduction-Rate
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Old October 19th, 2013, 12:35 AM   #665
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Quote:
Originally Posted by Momo1435 View Post
Boeing has confirmed that they are reducing the production rate in a press release.


http://boeing.mediaroom.com/2013-10-...roduction-Rate
While a bit disappointing, I think it was more of a surprise that Boeing didn't just cut it to 1.5 when they made their first move earlier this year. Perhaps they were hoping some of their commitments would like slots earlier? Or perhaps the delay in the PIP certification has pushed things out a bit more than anticipated?

As XWB has noted elsewhere, it also appears as though they are pushing forward with ongoing improvements and Project Ozark.

It was also noted that the author of that article has tweeted the following:

"Later this year, 747-8 will be 3.5% better than the in 2011. 1.8% fuel burn, 7,600lbs lighter, tail tanks reactivated"

Additionally, I would think there is probably some gain due to the FMS update and increased maximum weights.

Maybe there will be more news Wednesday, when Boeing has their earnings call.
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Old October 19th, 2013, 08:14 AM   #666
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I didn't realize it was the 2nd reduction.

It must have something to do with Lufthansa going for the 777-9 instead of firming up the options they have on the 747-8. Seeing their known assembly slots for next year they will only a couple to be delivered in 2015. If they would have gone for more 747-8s the deliveries could have continued straight after their 19th is delivered. Boeing was also making another push for BA to buy the plane, but that didn't happen as well.
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Old October 20th, 2013, 01:11 AM   #667
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Old October 21st, 2013, 03:32 PM   #668
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Boeing and GE work on software fix to stop ice buildup in 747 engines

Boeing and General Electric (GE) are working together on software changes that will help prevent internal ice accumulation in engines on the aircraft maker's 747 jumbo jet.(source)
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Old October 22nd, 2013, 01:52 AM   #669
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Is there a 747-8 version easy convertibe in I/F ?
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Old October 24th, 2013, 07:55 PM   #670
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Korean Air has firmed up their order for 5 more 747-8Is today. They announced it at the Paris Airshow in June this year. The new order will bring their total to 10 747-8Is, next to 7 747-8Fs.

Quote:
Boeing, Korean Air Finalize Order for 12 Twin-Aisle Airplanes

Order includes five 747-8 Intercontinentals, six 777-300ERs and one additional 787 Dreamliner

SEATTLE, Oct. 24, 2013 /PRNewswire/ -- Boeing (NYSE: BA) and Korean Air have finalized an order for five 747-8 Intercontinentals and six 777-300ER (Extended Range) jetliners that was announced as a commitment during the Paris Air Show in June. In addition, Korean Air has also announced an order for one additional 787 Dreamliner. The value of the combined order is valued at $3.9 billion at current list prices.

With this order Korea's flag carrier expands its backlog of 747-8 Intercontinentals and 777-300ERs to 10 each. The order also increases Korean Air's 787 backlog to 11.

"We are honored to partner with Korean Air once again to provide them with the most efficient twin-aisle airplanes in the market," said Ray Conner, president and CEO of Boeing Commercial Airplanes. "With 90 Boeing passenger airplanes in Korean Air's fleet and counting, we are proud our twin-aisle airplanes will continue to serve as the backbone of their long haul operations."

Korean Air is currently the only airline in the world to order both the passenger and freighter variations of the 747-8. The airline also became the first international carrier to simultaneously operate both the 747-8 and 777 Freighter.

Korean Air's current fleet of 90 Boeing passenger airplanes consists of 737, 747 and 777 airplanes. The airline also operates an all-Boeing cargo fleet of 27 747-400, 747-8 and 777 Freighters. The airline's Aerospace Division is also a key Boeing partner on both the 747-8 and 787 programs, supplying the distinctive raked wing-tips for each model.

About Korean Air:

Korean Air, with a fleet of 155 aircraft, is one of the world's top 20 airlines, and operates more than 400 flights per day to 126 cities in 45 countries. It is a founding member of the SkyTeam alliance, which together with its 19 members, offers its 552 million annual passengers a worldwide system of more than 15,000 daily flights covering 993 destinations in 187 countries.
Boeing Press Release:
http://boeing.mediaroom.com/2013-10-...isle-Airplanes


It's the 1st order for the 747-8I since September 2012 and brings the total ordered to 45, including the 747-8F it's 112.
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Old October 24th, 2013, 10:35 PM   #671
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Quote:
Originally Posted by Momo1435 View Post
Korean Air has firmed up their order for 5 more 747-8Is today. They announced it at the Paris Airshow in June this year. The new order will bring their total to 10 747-8Is, next to 7 747-8Fs.


Boeing Press Release:
http://boeing.mediaroom.com/2013-10-...isle-Airplanes


It's the 1st order for the 747-8I since September 2012 and brings the total ordered to 45, including the 747-8F it's 112.
It is good to see the PAS order firmed up. Hopefully the UN, CA, and the other unannounced commitment for 4 can be finalized as well. That would be an additional 10 8i frames.

I was speculating elsewhere that perhaps the rumors from earlier in the year, of EY ordering some frames, may come to pass at the Dubai Air Show, along with their rumored orders for the 77X. Possibly, they could be another operator that would operate both the 8I and 8F? (Even though their current 8F is wet-leased, maybe they see the usefulness of it?)
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Old October 25th, 2013, 05:30 AM   #672
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http://news.yahoo.com/boeings-747-ic...070235362.html

check it out........
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Old October 25th, 2013, 10:09 AM   #673
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Quote:
SEATS TO FILL

Part of the problem is all those seats. A 747 can seat from 380 to 560 people, depending on how an airline sets it up. A full one is a moneymaker. But an airline that can't fill all the seats has to spread the cost of 63,000 gallons of jet fuel — roughly $200,000 — among fewer passengers.


They're also too big for most markets. There aren't enough passengers who want to fly each day between Atlanta and Paris, for example, to justify several jumbo jet flights. And business travelers want more than one flight to choose from. So airlines fly smaller planes several times a day instead.

"No one wants the extra capacity" that comes with jumbo jets like the 747 and the Airbus A380, said Teal Group aviation consultant Richard Aboulafia.
The era of jumbojet seemed to be nearing extinction.
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Old October 26th, 2013, 09:36 AM   #674
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The era of jumbojet seemed to be nearing extinction.
We'll see what happens when the economic recovery really gets going and becomes more broad-based.
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Old October 26th, 2013, 09:45 AM   #675
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Even if the market is recovering, the trend will be quite different. Passengers will likely to choose schedule availability. And Airlines will prefer to purchase smaller planes in large number, rather than larger planes in small number.
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Old October 26th, 2013, 03:59 PM   #676
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Two engine or even single jet engine airlines were the future in the sky !!
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Old October 26th, 2013, 08:48 PM   #677
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well this makes sense, BUT you forget that most hubs, like especially heathrow, are more or less overcrowded and you simply have to serve those with bigger planes instead of a higher frequency just because there are no free slots available.
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Old October 27th, 2013, 04:19 PM   #678
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Will this push Boeing to create something bigger than Boeing 747?

Back in 1990s, when the talk about Ultra large aircraft (one of them evolve into A380) Boeing did actually proposed a plan to built full double decker aircraft. And it is even wider than A380!
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Old October 28th, 2013, 12:08 AM   #679
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Will this push Boeing to create something bigger than Boeing 747?

Back in 1990s, when the talk about Ultra large aircraft (one of them evolve into A380) Boeing did actually proposed a plan to built full double decker aircraft. And it is even wider than A380!
I doubt they go bigger. A380s arent selling well and 747s arent either.

Boeing has been ahead of the airplane curve with the 787 and soon 777X....Twin engine, Fuel efficiency, lighter wings, and longer range planes.

I personally think the idea of the A380 is better then actually having them in service. I wonder how well they sell seats wise on each flight. I could be wrong.
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Old October 28th, 2013, 04:06 AM   #680
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Quote:
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Will this push Boeing to create something bigger than Boeing 747?
I think the right question is not that but it's if:

1.- Does Airbus to create the A389?

2.- Is going to be eventually the 747-8 obsolete when the 777-X launching?


And about your question no, I doubt Boeing launching a bigger 747, it is not going to happen. On the opposite, I do believe the last 747 ever to be built will be a 747-8
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