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Boeing Sees 2004 Airplane Orders From Asia  
User currently offlineFlyingbronco05 From United States of America, joined May 2002, 3840 posts, RR: 2
Posted (10 years 10 months 3 weeks 4 days 18 hours ago) and read 3408 times:

Boeing sees 2004 airplane orders from Asia

"CHICAGO, Oct 29 (Reuters) - Boeing Co. (NYSE:BA - News) Chief Executive Phil Condit said on Wednesday he anticipates the company will win an unspecified number of airplane orders from Asia in 2004 and added there are orders in 2003 in general that the company has yet to record."

More at: http://biz.yahoo.com/rc/031029/transport_boeing_asia_1.html


Never Trust Your Fuel Gauge
23 replies: All unread, jump to last
 
User currently offlineManni From South Korea, joined Nov 2001, 4221 posts, RR: 22
Reply 1, posted (10 years 10 months 3 weeks 4 days 17 hours ago) and read 3313 times:

What an intelect Condit is...

'An unspecified number of airplane orders from Asia'

That includes anything from 1 to 999... orders, that way your always right. Besides, I they would not sell a single airplane to an Asian customer in 2004, they'd better start packing up.



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User currently offlineKorg747 From United States of America, joined Mar 2003, 549 posts, RR: 5
Reply 2, posted (10 years 10 months 3 weeks 4 days 17 hours ago) and read 3243 times:

From the article..."Speaking to analysts and media on a conference call, Boeing also said the backlog for its jumbo 747 jet, at 41 airplanes, is enough to sustain production for "a number of years."


So does that mean it's going to be a 744 Sale? I 'm guessing it's going to be from China air and korean.



Please excuse my English!
User currently offlineTokolosh From Netherlands, joined Sep 2001, 366 posts, RR: 0
Reply 3, posted (10 years 10 months 3 weeks 4 days 16 hours ago) and read 3170 times:

What a coincidence, Bush has just been to ... what's that country called? ... ah yes, Asia!  Smile



Did the chicken or the egg get laid first?
User currently offlineAviationMaster From Switzerland, joined Oct 1999, 2481 posts, RR: 34
Reply 4, posted (10 years 10 months 3 weeks 4 days 16 hours ago) and read 3144 times:

Asia is a continent, not a country.  Big grin

User currently offlineJoleb From Belgium, joined Oct 2003, 290 posts, RR: 0
Reply 5, posted (10 years 10 months 3 weeks 4 days 16 hours ago) and read 3135 times:

Go Boeing ... Forever New Frontiers

User currently offline717fan From Switzerland, joined Nov 2001, 2017 posts, RR: 6
Reply 6, posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 3081 times:

Hope some 717's will be included....

User currently offlineHeavierthanair From Switzerland, joined Oct 2000, 795 posts, RR: 0
Reply 7, posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 3032 times:

G'day

With the Japanese trade deficit with the US not getting any smaller and some 40% of the Boeing creamliner to be made in Japan, do Japanese airlines really have a choice?

Right, some bits and pieces of the A380 are also going to be made in Japan and the trade deficit with Europe is also substantial, albeit not on the same scale as the US'.

So the Japs will carefully balance where and what they will buy. Look at them buying some A 380's to replace the 747's at least partially, 787's to replace anything other larger in size than 737's and likely 737's for all single aisle requirements.

To "proof" Airbus is not being discriminated in any way and aircraft selections in Japan are truly based on price and performance data, some smaller airline's arm will presumably be twisted enough by the Japanese government to buy some A 320 series craft.

This is all about being politically correct, the US consumer market is just too important for Japan and thus the risk too great to upset Boeing et al. All else is secondary.

Cheers

Peter



"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe." (Albert Einstein, 1879
User currently offline777d From United States of America, joined Jun 2001, 300 posts, RR: 1
Reply 8, posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 3005 times:

Heavierthanair can you clarify your choice of words? "Japs?" You are kidding right? If you are kidding, that was a terrible decision to use that word. If not, then you use racists words to describe other ethnic groups?

777d


User currently offlineKaitak From Ireland, joined Aug 1999, 12466 posts, RR: 37
Reply 9, posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 2953 times:

If you look at the news section, you'll see the Chinese are lining up large Boeing orders, as part of an effort to soothe the US over trade issues.

I expect Japanese carriers to order the 7E7 next year; SIA is another possible launch customer, since it needs a 310 replacement. Also, Qantas's new lo-co is almost certain to choose the 737NG, since QF itself has the type.

Then there's ANZ, which is currently looking at long haul aircraft; personally, I expect the 332/346, but the 777 could have a chance.


User currently offlineHeavierthanair From Switzerland, joined Oct 2000, 795 posts, RR: 0
Reply 10, posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 2908 times:

G'day

777d,

No offense and surely nothing personal or racist, just nicknames essentially. Others that come to mind - krauts for Germans, spaghetties for Italians, pommies for English, gringos for Americans, singhies for Singaporians, aussies for Australians, kiwies for New Zealanders - you name it. Some of those are frequently used in entertainment (US inclusive) be it TV, movies, magazines, books, etc., and I have not heard of anyone complaining about this seriously.

Slightly off topic, I know. I apologize to any readers thus offended.

Cheers

Peter



"Two things are infinite: the universe and human stupidity; and I'm not sure about the universe." (Albert Einstein, 1879
User currently offlineAlessandro From , joined Dec 1969, posts, RR:
Reply 11, posted (10 years 10 months 3 weeks 4 days 14 hours ago) and read 2882 times:

Well, Japan bought B767 tanker recently so they sure are into Boeings,
don´t underestimate the long term relation between Japan and Boeing,
I think the B747 short-haul, economy class only was developed mainly for Japanese domestic market. Currently Airbus needs Japanese sub-contractors
to make the A380 reality, but I don´t expect any Japanese orders until
an A380 short-haul version is built.


User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 12, posted (10 years 10 months 3 weeks 4 days 14 hours ago) and read 2841 times:

Perhaps Boeing will sell more airplanes in Asia and particularly in Japan because it produces superior products. ANA is dumping all of their A320 for B737.

User currently offlineManni From South Korea, joined Nov 2001, 4221 posts, RR: 22
Reply 13, posted (10 years 10 months 3 weeks 4 days 14 hours ago) and read 2797 times:

What a superior product is to some airlines, is an inferior product to some other airlines. No need to stir up things, yet again. Neither Airbus nor Boeing areproducing THE superior aircraft every airline wants.


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User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 14, posted (10 years 10 months 3 weeks 4 days 14 hours ago) and read 2764 times:

"What an intelect Condit is...

'An unspecified number of airplane orders from Asia'

That includes anything from 1 to 999... orders, that way your always right. Besides, I they would not sell a single airplane to an Asian customer in 2004, they'd better start packing up."


*************************

I think you and your Swiss comrade have stirred things well before I commented.


User currently offlineManni From South Korea, joined Nov 2001, 4221 posts, RR: 22
Reply 15, posted (10 years 10 months 3 weeks 4 days 14 hours ago) and read 2743 times:

N79969,

Calling the facts by its name is not stiring up things. Claiming that Boeing is going to sell aircraft next year in Asia is pretty ridiculous, considering that the biggest market for widebody civil aircraft is Asia and that Boeing is the second largest civil aircraft manufacturer.






SUPPORT THE LEBANESE CIVILIANS
User currently offlineCaptaingomes From Canada, joined Feb 2001, 6413 posts, RR: 55
Reply 16, posted (10 years 10 months 3 weeks 4 days 14 hours ago) and read 2718 times:

N79969, if that's how you judge the quality of an airplane, then Boeings are crap too. Many airlines have replaced Boeings with Airbuses. You could do better than that.


"it's kind of like an Airbus, it's an engineering marvel, but there's no sense of passion" -- J. Clarkson re: Coxster
User currently offlineAlexchao From United States of America, joined Aug 2001, 688 posts, RR: 0
Reply 17, posted (10 years 10 months 3 weeks 4 days 13 hours ago) and read 2662 times:

Why do these discussions always end up with so much fire?

Can't we all get along?

Personally, I feel if Boeing expects more orders, the airline industry is picking up. For me, that's good enough.

-alexchao


User currently offlineHlywdCatft From United States of America, joined Jan 2001, 5321 posts, RR: 6
Reply 18, posted (10 years 10 months 3 weeks 4 days 13 hours ago) and read 2636 times:

Did Condit have a crystal ball in front of him?

User currently offlineF4N From , joined Dec 1969, posts, RR:
Reply 19, posted (10 years 10 months 3 weeks 4 days 11 hours ago) and read 2550 times:

To all:

Dropping little tidbits of vague information for various reasons is not uncomman during conference calls with analysts, which is where Condit made the comment. He also stated that Boeing has yet to "record" a number of orders it has for 2003. Again, no details.

I suspect that he is ground-setting for the launch of the 7e7 and telegraphing the initial launch customer base. It boosts investor confidence, employee morale and gives analysts the opportunity to give Boeing stock an upgrade.

The Boeing-bashers can make all the cryptic comments they want; one can only view this as bad omens for Airbus.

regards,

F4N


User currently offlineAvObserver From United States of America, joined Apr 2002, 2472 posts, RR: 9
Reply 20, posted (10 years 10 months 3 weeks 4 days 10 hours ago) and read 2495 times:

Manni, I think you're making too much of what was meant to be a cryptic comment. Condit was being deliberately vague, he didn't want to go out on a limb with numbers and have to eat crow later. All he meant is that prospects for next year appear to be good in Asia, a reasonable claim, given the region's rapid economic rebounding. John Leahy could and probably will make a similar statement for Airbus and he'll be just as right. But I am concerned about one thing Condit did say:

"Speaking to analysts and media on a conference call, Boeing also said the backlog for its jumbo 747 jet, at 41 airplanes, is enough to sustain production for "a number of years."

"That's a very acceptable backlog," Condit said. "I don't see having to make a decision there for a number of years" about closing the line.

I, too, try to read between the lines. This is the first Boeing response I've seen to concerns voiced elsewhere about the future of the 747. Instead of deflecting such comments with what Boeing might be doing to improve the 747's prospects; like talking about the 'Advanced' proposal or new efforts to sell it, especially to important Asian customers, he merely says that the backlog is 'acceptable'. That reads to me a bit like a backhanded way of saying "We're really not doing much with the 747. We'll see how it goes". In a way, it almost seems a grudging acknowledgement that the program may be endangered. Now, maybe I'M making too much of THIS comment but hearing it raised concern in me. Though I don't see big sales ahead for the 747, I think they could keep it going another 15-20 years with the right improvements, such as in the 'Advanced', if they also priced it right. If Boeing was serious about this, wouldn't Condit have said SOMETHING about it? NOW, I'm worried.


User currently offlineBehramjee From Canada, joined Aug 2003, 4784 posts, RR: 43
Reply 21, posted (10 years 10 months 3 weeks 4 days 10 hours ago) and read 2465 times:

JAL and ANA virtually have the same fleet for long and medium haul flights (767s/777s/747s). Though JAL does use MD 11s and DC 10-40s too, in 3-5 years they wont be!!!

ANAs A 321s and A 320s are to be replaced by B 763s and B 737NGs and I expect JAL too to place a big order for B 737NGs to replace their JAS MD 80s + B 734s and B 735s.

The big question is when are both going to place a huge order for the Boeing 7E7 to replace their entire B 767-200 and -300 fleet??? I'm thinking that they should place a combined order with BOEING thereby attracting a larger discount for them combined  Big grin


User currently offlineShenzhen From United States of America, joined Jun 2003, 1710 posts, RR: 2
Reply 22, posted (10 years 10 months 3 weeks 4 days 8 hours ago) and read 2363 times:

Well, here is a potential order, so Condit doesn't sound like he was lying. One must realize, that if a CEO of a company states something in a conference call, that doesn't come true, he is setting the company up for lawsuits by angry share holders.

Simple. The fact that he even mentioned it is good news. Sorry Boeing bashers.

--------------------------------------------------------

Boeing and Airbus vie for Japan Airlines deal
Tim Kelly Bloomberg News Wednesday, October 29, 2003
TOKYO Airbus and Boeing are competing for a 15-plane order from Japan Airlines System, the world's second-largest carrier, according to a copy of the invitation to bid shown to Bloomberg News on Wednesday. The sale would be worth about $1.7 billion at current listed prices.
.
Japan Airlines plans to take delivery of three aircraft a year for five years starting in 2008 with options for a further 10 planes, the letter said.
.
Geoffrey Tudor, a Japan Airlines spokesman, said the company would "eventually" need to replace its Boeing 767s and Airbus A300s, which have as many as 250 seats. He declined to comment on the bidding.
.
Japan Airlines may be among the first customers for the 7E7 jetliner that Boeing aims to deliver by 2008. The 7E7, dubbed the "Dreamliner," is designed to replace Boeing's 767 and 757 planes and win back market share from Airbus.
.
"I'm sure Boeing, for a long-standing customer, has some very attractive offers," said Peter Harbison, managing director of the Sydney-based Center for Asia-Pacific Aviation. If the first 7E7 order came from Japan Airlines, Boeing would benefit, because the carrier is "a market leader in many respects."
.
Japan Airlines, which inherited some Airbus planes through its 2002 merger with Japan Air System, has never itself ordered from the European company. Boeing dominates the Japanese market, accounting for about 80 percent of the combined fleet of Japan Airlines and its main competitor, All Nippon Airways.
.
Earlier this year, France, Germany, Spain and the European Commission protested to Prime Minister Junichiro Koizumi about a decision by All Nippon not to buy Airbus planes worth $2.25 billion. European officials said the Airbus bid was cheaper.
.
Bloomberg News

< < Back to Start of Article TOKYO Airbus and Boeing are competing for a 15-plane order from Japan Airlines System, the world's second-largest carrier, according to a copy of the invitation to bid shown to Bloomberg News on Wednesday. The sale would be worth about $1.7 billion at current listed prices.
.
Japan Airlines plans to take delivery of three aircraft a year for five years starting in 2008 with options for a further 10 planes, the letter said.
.
Geoffrey Tudor, a Japan Airlines spokesman, said the company would "eventually" need to replace its Boeing 767s and Airbus A300s, which have as many as 250 seats. He declined to comment on the bidding.
.
Japan Airlines may be among the first customers for the 7E7 jetliner that Boeing aims to deliver by 2008. The 7E7, dubbed the "Dreamliner," is designed to replace Boeing's 767 and 757 planes and win back market share from Airbus.
.
"I'm sure Boeing, for a long-standing customer, has some very attractive offers," said Peter Harbison, managing director of the Sydney-based Center for Asia-Pacific Aviation. If the first 7E7 order came from Japan Airlines, Boeing would benefit, because the carrier is "a market leader in many respects."
.
Japan Airlines, which inherited some Airbus planes through its 2002 merger with Japan Air System, has never itself ordered from the European company. Boeing dominates the Japanese market, accounting for about 80 percent of the combined fleet of Japan Airlines and its main competitor, All Nippon Airways.
.
Earlier this year, France, Germany, Spain and the European Commission protested to Prime Minister Junichiro Koizumi about a decision by All Nippon not to buy Airbus planes worth $2.25 billion. European officials said the Airbus bid was cheaper.



User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 23, posted (10 years 10 months 3 weeks 4 days 6 hours ago) and read 2315 times:

Manni,

Now that you filled in the verbs that were missing from your original swipe at Boeing, I understand your post. I think Avobserver and F4N have clearly explained the nature of Condit's comments. Without a doubt his words were carefully chosen and reviewed by Boeing's lawyers and investor relations professionals.

*****************************

"Earlier this year, France, Germany, Spain and the European Commission protested to Prime Minister Junichiro Koizumi about a decision by All Nippon not to buy Airbus planes worth $2.25 billion. European officials said the Airbus bid was cheaper. "

Airbus seems to feel entitled to half of everything by virtue of its European identity.


[Edited 2003-10-30 05:25:44]

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