Etihad Orders Aircraft at Farnborough
Etihad Airways, the national airline of the UAE, today, ordered 45 Boeing Jets worth 9 billion, and 55 Airbus Jets. Etihad ordered 35 Boeing 787-9s and 10 Boeing 777-300ERs. They also ordered 25 Airbus A350-900s, 10 Airbus A380-800s, and 20 Airbus A320s. Wow!, that is a lot of aircraft. My question is, how are they going to use all those aircrafts? I still think the growth in the Middle East is unsustainable and they probably will not take delivery of all these aircrafts. But, as a Boeing and Bombardier Supporter, I am happy for Boeing for this large order.
Source: Boeing
FlyDubai orders 50 737s at Farnborough
The Farnborough Air Show is the Largest Air Show this year.
Today, FlyDubai, a Dubai airline owned by the government ordered 50 Boeing 737-800 Aircraft configured with 189 seats. They hold the right to convert these to larger 737-900ER Aircraft. This order will be added to the order book in the next update, therefore, it is a completely new order, a net gain.
Source: Boeing
What do You think about Emirates Expansion Plan?
Emirates Airline of the United Arab Emirates are one of the largest international and fastest growing airlines in the world. Last year, they ordered 120 Airbus A350XWBs. They also have 55 Airbus A380 Super Jumbo aircraft on order, and Tim Clark, the CEO of Emirates, said he would double that order if Dubai Airport could handle it. Is this growth sustainable? Do you think that all of those aircraft will be delivered? The oil prices are high right now and is Emirates growing a rate that will cripple the company? I think that part of the reason that they are growing so fast is because that they have the advantage of having an oil state backing the company. I do not think that the number of passengers they believe they will carry will ever materialize. They order plane after plane, and do no seem to evaluate the cause. By ordering these large amounts of aircraft, they are being smart with Boeing, but I believe 50% of the aircraft ordered might never be delivered. Sure Emirates Airline is raking in extra profits, but compared to Singapore Airlines, which has a smaller fleet of aircraft, they make nearly the same. Why? Emirates, which has a much larger fleet should be able to earn more, right? Yeah, but not by much. Emirates is depending on tourism to rise, but as ticket prices rise, more and more people are staying home and not traveling by plane. I hope the numbers Emirates needs will materialize, but it seems very unlikely that the Middle East can generate that much tourism. What do you think? Please Comment
Tunisair Orders Airbus Aircraft
Tunisair today ordered 3 Airbus A350XWB-800s, 3 Airbus A330-200s, and 10 A320s.
Excerpt:
“We are very proud of this agreement with Tunisair, which shows the value and strength of the Airbus Family concept, bringing commonality in the fleet and allowing for important cost savings and fleet efficiency,” said Fabrice Brégier, Chief Operating Officer of Airbus. The combined acquisition of A320s, A330s and A350s will contribute to the strategic growth plans of Tunisair and we are very happy to be supporting the airline in this development and further strengthen the close ties that we have developed over the years,” he added.
