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Showing posts with the label Boeing

Airbus vs Boeing. Airbus is winning

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The national airline of Saudi Arabia flyadeal refused to deal with the purchase of Boeing 737 MAX aircraft. The contract involved the acquisition of 30 aircraft with an option for an additional 20 aircraft. According to the BBC, such a purchase would have cost the airline $ 5.9 billion. Boeing made the client a big discount, the publication said. However, the deal fell through - the aircraft designer explained the cancellation of the agreement by the inability to fulfill the requirements of the aircraft delivery schedule. Instead of Boeing, flyadeal will purchase Airbus A320neo liners, which are direct competitors to the 737 MAX. Saudi Arabia will buy 50 aircraft worth over $ 5.5 billion Four months ago, in mid-March, Boeing suspended the supply of models to customers and limited their production. The company expects by September 2019 to eliminate problems with the aircraft and return it to service. Despite the liner’s problems in June, Boeing signed a contract wi...

Boeing boosted up its own shares

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The American Aerospace Corporation Boeing predicted the acceleration of demand for passenger aircraft. In this way, the company has made its own shares more expensive. After the publication of the forecast on demand quotes Boeing rose by 2.5%. Representatives of Boeing said that in the next two decades, aggregate demand would not be 43 thousand aircraft, as the company had forecast a year ago, but 44 thousand airliners. Their total value will reach $6.8 trillion, they are convinced of the American company. According to Boeing, the most significant growth will be observed in the segment of narrow-body aircraft, such as the Airbus A320 family and the Boeing 737 MAX. This market supports the continued growth of air travel in the Asia-Pacific region. The demand for such aircraft will increase by 3%, calculated in the company. In the wide-body segment in the next 20 years, 8340 new aircraft will be needed, not 8070, as was predicted a year ago. Their cost will reach $ 2.6 ...

Birds versus Boeing

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The American authorities have found the cause of the 737 Max crashes. These are birds. After the publication of the report, investors began to buy shares of Boeing. Quotes of the American aircraft manufacturer simultaneously increased by 3%. Subsequently, growth slowed to 1%. Recorders of flight data from the “black box” of the fallen liner “Ethiopian Airlines” indicate that the angle of attack sensor was disabled shortly after takeoff, writes The Wall Street Journal. According to the US Aviation Administration, this indicates that birds crashed into both collapsed aircraft. In a preliminary report, investigators from Ethiopia reported that they "did not detect any signs of damage by foreign objects" on the sensor. Ethiopian Airlines also said in a statement that no evidence of bird strikes was found. The US aviation authorities believe that convincing evidence that birds get into such sensors is extremely difficult to find, and therefore they insist on thei...