Boeing ryanair

Share to Twitter Share to Linkedin Last summer I penned a piece for Forbes.com with the provocative title, “Boeing BA Has Bottomed. It Could Recover Quickly.” At the time I was guessing what the future held for America’s most storied aerospace enterprise, but market developments during the intervening months have tended to support my thesis. On March 15—the Ides of March—Boeing vice president for commercial marketing Darren Hulst briefed me on the company’s latest market update. It was an eye-opening experience. Boeing Commercial Airplanes, the commercial-transport side of the house that has traditionally generated most company revenues, is going gangbusters. In fact, the biggest challenge Boeing, a contributor to my think tank, faces at present is simply keeping up with demand. The narrative surrounding the global air travel market has shifted from one of pandemic recovery to the return of normal growth, meaning a 5-6% increase in demand each … [Read more...] about Market Trends Signal Blue Skies Ahead For Boeing Commercial Airplanes

Share to Twitter Share to Linkedin Widebody and jumbo jet aircraft are having a tough time. The pandemic, which resulted in the parking of 16,000 commercial aircraft, accelerated the trend to replace aging four-engine jumbo jets with more efficient twin-engine craft. Production ended for both the Airbus A380 and the venerable Boeing 747 . Many of these aircraft were taken out of service, never to return. Now, a pair of ten-year-old Boeing 787-8 Dreamliners once operated by budget airline Norwegian Air Shuttle are being scrapped. Delivered in 2013, the fuel-efficient widebody jets built of advanced composites were capable of flying 248 passengers 7300 miles. The Dreamliner is a successful aircraft, still in production with more than 1600 delivered or on order. The list price for a new Boeing 787-8 is $239 million dollars. Yet even as international travel opens again for these long-range aircraft, two Dreamliners barely ten years are waiting for the … [Read more...] about Ex-Norwegian Air Boeing 787 Dreamliners Hit Scrap Heap After Just Ten Years

Share to Twitter Share to Linkedin The airline industry has been a major beneficiary of the vaccine euphoria. First Pfizer, then Moderna announced vaccine candidates with a promised effectiveness of 90% or more. This excited investors and airline executives alike, with visions of pent-up demand creating packed planes with filled middle seats. But before potential passengers can be vaccinated and set out on their long-delayed business and leisure journeys, many hurdles must be leapt.Vaccines must be approved by the FDA and other worldwide health organizations, then manufactured in numbers that can make a difference in ending a worldwide pandemic. Then the real fun begins: the logistics challenge of transporting the vaccines around the US and the world. How big a challenge? According to the International Air Transport Association (IATA), “providing a single dose to 7.8 billion people would fill 8,000 747 cargo aircraft.” Meanwhile, the Pfizer vaccine … [Read more...] about COVID-19 Vaccines Are Here; Are Airlines Ready To Transport Them?

Tim Hepher and Valerie Insinna (Reuters) (The Jakarta Post) PREMIUM Paris   ● Tue, March 21 2023 Airbus and United States rival Boeing were locked in a dead heat for deliveries for the first two months of the year, but the European planemaker has a tougher task to meet annual forecasts amid ongoing supply woes. Both groups delivered a total of 66 jets in January and February. But whereas this makes up some 12 percent of market forecasts for Boeing's 2023 deliveries, Airbus has secured just 9 percent of its 2023 target of 720 jets, below the trend for this time of year. After missed targets in 2022, Airbus chief executive Guillaume Faury has told executives that 2023 will be "make or break" for the company's industrial reputation, industry sources said. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to … [Read more...] about Big two planemakers fall behind on orders

Share to Twitter Share to Linkedin The U.S. airline industry has set an ambitious goal to be net carbon neutral by 2050. To some this may seem like a long way off, but consider this is an industry worldwide that was built on using fossil fuels. Given the long lead time and risk to develop new aircraft, 2050 seems like it’s right around the corner. The two most popular commercial planes in the world, the Boeing 737 family and the Airbus A320 family, first took to the skies 56 and 36 years ago, respectively. The newer models are of course more efficient than these first models, but the underlying engineering for both planes is decades old. Sustainable aircraft fuel, or SAF, is one encouraging development for a more sustainable airline future. SAF uses fossil fuel by-products or plant based sources to create fuel for existing aircraft engines. With enough SAF, world airlines could become almost immediately net carbon neutral because their energy needs would no … [Read more...] about The Aviation Industry Is Investing In Sustainable Fuel, But More Is Needed

Share to Twitter Share to Linkedin In The Rise of Carry , which I co-authored with Tim and Jamie Lee, we explained how the growth in carry trades has reshaped the financial markets and global economy. The book was published in late 2019 and contained several observations that few grasped at the time, but that are now becoming more mainstream. Given the “don’t fight the Fed ethos” that dominated markets, perhaps our most controversial assertion was that the Fed was losing control: “…the carry regime creates the sense that central banks are all powerful even as, in a fundamental sense, they are becoming weak.” Now, the collapse of SVB and Credit Suisse and the ensuing market reaction are clearly illustrating our point. The Carry Regime 101 The basic logic of the carry regime is this – carry trades are leveraged, liquidity providing and short volatility. This means that as they grow, so do financial liabilities of all types. Markets become more … [Read more...] about SVB Carry Crash Increases Deflation Risk…But Not For Long

Share to Twitter Share to Linkedin On March 28-30, the Association of the United States Army (AUSA) will host a “Global Force Symposium & Exposition” in Huntsville, Alabama. Working closely with relevant Army commands, AUSA has fashioned the symposium as a premier venue for illuminating how the service intends to transform itself. A key feature of the symposium agenda is modernization of the industrial base, both public and private, that manufactures and sustains the tools of land warfare. The Army frequently states that it is seeking a collaborative relationship with the private sector in pursuit of a robust and reliable industrial base. However, some of the choices the Army makes don’t seem calibrated to accomplish that goal. A case in point is the Army’s continuing resistance to modernizing its CH-47F Chinook heavy-lift helicopter, an aircraft expected to remain in the active force through 2060. Chinook is one of the fastest rotorcraft in the … [Read more...] about Army Failure To Embrace Chinook Helicopter Upgrades Endangers Industrial Base

Russian carriers have been able to scrounge enough spare parts to maintain robust domestic service across their vast country. S ince the start of Russia’s war with Ukraine, GA Telesis, a Florida-based aircraft-parts distributor, has been getting a lot of suspicious requests. They’re from shadowy companies formed over the past year in the United Arab Emirates and former Soviet republics like Kazakhstan and Tajikistan. Mindful of sanctions against Russia, GA Telesis asks for proof that the parts are for a particular airline and plane. When confronted with those questions, company founder Abdol Moabery says, they vanish. “We have a robust compliance department,” Moabery tells Forbes, “but not everybody does.” When the U.S. and Europe first imposed economic sanctions in the wake of the Kremlin’s unprovoked invasion of Ukraine a year ago, aviation experts expected that Russian airlines would be reduced to cannibalizing parts to keep a dwindling number of planes in the air. … [Read more...] about How Russian Airlines Have Been Able To Skirt Sanctions And Keep Flying

Share to Twitter Share to Linkedin The two extra wide leather seats when lowered into sleeping position comprise a double bed. There’s a dining table, not just a tray, a 43 inch 4K screen, walls that extend up nearly to the ceiling, controls to heat or cool the seats, a full wardrobe for coats and bags, doors that close like curtains and contain material to dampen noise. When Lufthansa rolls out its new Airbus A350-900s next year, the middle of First Class will contain this First Class Suite Plus; a single seat First Class Suite containing the same features will be on each side. And it’s not the only change set to debut on board. In the largest expenditure and redesign in its history, the airline is rolling out upgrades in each class of service under the name Allegris with the first cabins to roll out this fall on a route not yet designated but expected to be on the North Atlantic. The cabins will be on new Boeing 787 Dreamliners, part of an 80 aircraft … [Read more...] about Lufthansa’s €2.5 Billion Investment In New Aircraft And Cabins

The International Space Station (ISS) has been a home for American astronauts in low Earth orbit since 2000 , but now NASA wants the ISS to be the last crew quarters it owns that’s so close to Earth. Instead, the agency plans to rent space on a privately built station , maybe on more than one. And it wants to have astronauts moved in to their next abode before ISS operations end in 2030 and that facility is sent on a controlled reentry that will have it mostly burn up above the Pacific Ocean’s most remote stretches . “We want to be one of many customers,” NASA associate administrator Robert D. Cabana told audience members at a commercial-space conference in Washington, D.C., in February. It’s part of a sweeping transition at NASA to a job-to-be-done approach : Instead of asking aerospace contractors for a thing, in the form of a vehicle built to the agency’s dictates that it will then own, it’s giving them a task , subject to broader requirements, to … [Read more...] about Here’s how NASA plans to replace the International Space Station—by becoming a private company’s tenant