RupesNZ From New Zealand, joined May 2004, 105 posts, RR: 0
Reply 4, posted (11 years 11 months 4 weeks 1 day 22 hours ago) and read 9211 times:
Here is the text from Air NZ
Air New Zealand today signed agreements to acquire eight new Boeing 777-200 ER and two Boeing 7E7 aircraft as well as rights to purchase a further 42 long-haul aircraft.
Given the size of the transaction, under Stock Exchange and Companies Act requirements, Air New Zealand will be required to seek shareholder approval.
The Boeing aircraft will provide the airline with new capabilities for its long haul operations. These aircraft will allow us to develop new routes and increase frequency on existing routes as well as provide an overall increase in both passenger and cargo capacity. Another benefit is that the new fleet will provide Air New Zealand with lower operating costs and improved financial performance over and above that which could be achieved by expanding the existing fleet of 10 Boeing 767s.
Four of the new 300-plus seat Boeing 777-200 ER aircraft will be purchased and the other four leased from International Lease Finance Corporation. The cost of the four aircraft and the necessary infrastructure to maintain the fleet of eight is in excess of NZ$1-billion.
The interiors for these new aircraft will mirror the soon-to-be unveiled upgrade for Air New Zealand's Boeing 747s.
The eight Boeing 777-200 ER aircraft will begin entering service in September 2005, with the first five expected to be delivered by April 2006. The final three aircraft will be introduced in the last half of 2006. All the aircraft will be powered by Rolls Royce Trent 800 series engines.
The decision to purchase the Boeing 777-200 ER and 7E7 represents the next phase in Air New Zealand's commitment to transforming its business. The first phase was the introduction of Domestic Express, Tasman Express and Pacific Express and the corresponding introduction of its new Airbus A320 fleet.
The delivery date for the two 7E7 aircraft, which will be capable of carrying approximately 230 customers, is still to be determined, but it will coincide with the retirement from service of the remaining 767s. The cost of the two aircraft and necessary infrastructure to support them is in excess of NZ$350 million.
Air New Zealand's 7E7s will be powered by the revolutionary new Rolls Royce Trent 1000 engine. Air New Zealand is the first airline in the world to place an order for engines to power the new Boeing 7E7.
The decision to commit to the 7E7 and the Rolls Royce Trent 1000 is a clear signal of where Air New Zealand is positioning itself - innovative, efficient and delivering the best products to customers.
The Boeing 7E7 will use up to 20 percent less fuel than other aircraft of its size. It will travel at speeds similar to today's fastest wide bodies and feature innovative technology that will give passengers great comfort.
The Boeing 7E7 will also carry up to 50% more cargo than today's similar size aircraft.
Air New Zealand's decision to secure rights to purchase a further 42 aircraft reflects the airline's belief in the potential to expand its passenger and cargo business into new long haul destinations and increase traffic from existing core routes.
The purchase rights will give us the ability to choose from a range of aircraft types that best suit our long haul business as it develops in the future. The aircraft options will include the Boeing 777-200 ER, 777-200 LR, 7E7 and the 777-300 ER, which could replace our Boeing 747s in about a decade.
Air New Zealand's long haul fleet currently comprises of ten Boeing 767s and eight Boeing 747s. By early 2007 the fleet composition is expected to be eight 777-200ERs, seven 747s and five 767s, as leased aircraft will be returned as contracts expire.
To put this into a passenger and cargo context, Air New Zealand's long haul fleet currently consists of 5408 available seats and 268 tonnes available capacity across 18 aircraft.
By early 2007, the fleet will consist of 6466 available seats and 291 tonnes available capacity across 20 aircraft. This represents a 20% increase in seats for long haul aircraft. This growth is consistent with the airline's capacity growth goal of 5 percent, given the network base year of 2003.
A low growth network scenario has also been modelled. The firm commitment to aircraft that has been announced represents a minimum of aircraft that will be required by Air New Zealand going forward, and also falls below the amount that would be required under a low growth scenario.
We expect to fill the increase in seats and cargo capacity by flying to new destinations, increasing frequency on current destinations and stimulating new demand.
A team of senior managers has spent the past 18 months conducting an exhaustive evaluation of the aircraft options available from both Boeing and Airbus. The Air New Zealand Board has been regularly updated during the process.
The intensive and robust evaluation process highlighted that both the manufacturers' products were capable of meeting Air New Zealand's requirements. But on balance the Boeing aircraft best fits our long haul and business needs.
This same exhaustive process two years ago found that the Airbus A320 was the best fit for our short haul needs and as expected the aircraft is performing to expectations and has proven to be the right choice for the airline.
Air New Zealand looks forward to continuing to work closely with Boeing and Airbus as it seeks to consolidate and grow its business in both the short haul and long haul markets.
Gigneil From United States of America, joined Nov 2002, 16347 posts, RR: 79
Reply 7, posted (11 years 11 months 4 weeks 1 day 22 hours ago) and read 9080 times:
I think its great, but I have the following concerns:
1) 2 7E7s is hardly sufficient to replace their fleet of 767s
2) The Trent on the 777-200ER, along with 42 options covering 777-200LRs and 777-300ERs seems like an unwise choice. ANZ operates no other Trent series engines, and its hardly an economical choice to have 16 Trent 800s then x number of GE90s and 4 (heh, 4!) Trent 1000s.
I am, of course, happy for Rolls that they won the business, especially for the Trent 1000, and etc. Its just a curious mix of business, imo.
Roberta From , joined Dec 1969, posts, RR:
Reply 12, posted (11 years 11 months 4 weeks 1 day 22 hours ago) and read 8919 times:
ANZ operates no other Trent series engines, and its hardly an economical choice to have 16 Trent 800s then x number of GE90s and 4 (heh, 4!) Trent 1000s.
I think the options for the 773ER and the 772LR have been included by Boeing to encourage NZ to buy them. It never stated NZ intended to get the 777NG's (Although obviously they will strongly consider it). Boeing are hardly going to say you can have options on the 772ER but not the 777NG's.
Brutie From New Zealand, joined Sep 2003, 112 posts, RR: 0
Reply 14, posted (11 years 11 months 4 weeks 1 day 22 hours ago) and read 8857 times:
What you're saying about the engine choice makes perfect sense - I just wonder how muc the decision, like the IAE choice on the A320s, was driven by trying to gain experience that the Engineering department could market?
AA737-823 From United States of America, joined Mar 2000, 6290 posts, RR: 10
Reply 24, posted (11 years 11 months 4 weeks 1 day 20 hours ago) and read 8347 times:
Uhhh, the above is a PRESS RELEASE.. duh.. from ANZ, the orderer.
I must admit, the engine choice was a question as I read, and so I kept reading and kept reading... and said, (out loud!) "Rolls? They ordered... Rolls???" How unexpected. But then, I didn't expect them to order Boeing, either. I really figured that they'd go GEs. I figured A330s with GE's.
Oh well- I am happy they ordered 777s and 7E7s, regardless of engine choice. And I don't have anything against Rolls engines.
Huzzah for good news!!!
: Hehe, sorry about that, I skipped ahead in the thread because I was late for practice . -Tim
: Fantastic news for ANZ. I had heard it from an 'insider' at Air New Zealand and went straight to Airliners.net to see if the news had broken. They mus
: Will they be used for LAX service ? When UA used there's wasn't range a issue? Or was it weight - restricted?
: 1) 2 7E7s is hardly sufficient to replace their fleet of 767s They're not meant to. The entire order will be replacing the 767s. How many airlines hav
: United_Fan, Range wasn't an issue but it was ETOPS restricted.
: The 2 7E7's are only a starter. You can expect a lot more of these to be ordered in the future. We only received our latest 763 in 2000, so they are s
: yaaaaaaaaaaaaaayyyy !@!!!!!!! don't know why I responded like that..... just that I'm in a very good mood right now
: Great News. I'm more happy about Air NZ getting the 777 though. Finally the 777 is now flown by all airlines in each continent. Both aircraft are the
: This is exciting news! Way to go NZ! Can anyone speculate on the routes these fine aircraft will be servicing?
: United777, What do you mean by the 777 now being flown by an airline in each continent? You're not suggesting we're part of Australia are you?
: Wow, I knew they said the decision will be within two weeks but I didn't expect it this soon. Great News NZ. what are the other 42 Boeings on options.
: 777s and 7E7s obviously but any 747advanced in there? No, Boeing has yet to offer a 747Adv. The only thing we know of such an aircraft is speculation.
: The most interesting thing is that it just passed 5:30 in Seattle not too long ago, surely there's someone there to post the composite images and pres
: Region will suffice for now.... Any one got any pic of these big birds in NZ colours yet??? and what about the new longhaul interior???
: Having been newly employed by Air New Zealand just last month, and being a frequent visitor to a.net for a couple years now, the announcement for 8 ne
: speculation of the 777 routes: will start off on Sydney Auckland runs for crew training (similar to what most airlines do when they get a new a/c type
: i would also assume that the 777s will fly the new Christchurch-Los Angeles services! here is a link to the 772ER photo in NZ c/s... looks great! http
: I personally think the 777s will be muscle in on the 767 action.. and will replace the 767 on the AKL-PPT-LAX run. With that many... there's no way LA
: Will they be used for LAX service? YES cause the B763 was used for the LAX via Pacific Islands so you will see either the 772 or 7E7 in LAX on daily
: Here is a working link http://www.nzherald.co.nz/storydisplay.cfm?storyID=3570135&thesection=news&thesubsection=general Cheers
: This is great news for Air NZ and Boeing! Can't wait to see those new Aircraft here at AKL, guess they will become like any other aircraft in the flee
: YESSSSS! Great news! Nice to see that they will get them as soon as Sep05!! I do agree that it's a bit strange that they will get RR engines since it
: Fantastic News. Boeing must have really sharpened up their pencils for this one or Ralph Norris believes 7E7/777 are superior to the Airbus offering.
: I actually found this to be amuzing because I read in a magazine the otherday (not sure which one) that claimed that Air New Zealand was not intereste
: congratulation to both, Air New Zealand and Boeing. Love this 777 birds and I'm glad that Air New Zealand has choosen those great airplanes.
: Well done Air New Zealand - A Member of Star Alliance. Only 2 7E7s? Awww "Norris said the new 777-200 aircraft will initially be used to fly to San Fr
51 Air Taiwan
: Good news indeed, just quite surprised that they chose the 777 and not the A330/340. They already have the A320 in their fleet. Also unless they find
: What a pity that all the people who know what's best for ANZ are on this forum instead of running the ANZ investment division.
: Congrats to both Boeing and Air NZ! I guess is the other immediate Star order that there was rumblings about for the 7E7?
: Well that's great news all round. No doubt Boeing had a very sharp pencil when it came down to the final offer in order for Ralph's Mont Blanc to sign
: Will NZ expand to Europe? Will they bring back FRA? Anyone know where they will expand their route network to? ZKSUJ
: Can't wait to see those new planes. They are certainly keeping my business.
: hey guys, this isn't so unexpected. Long history of Air NZ differing from QF. NZ QF DC-8 707 732 DC-9 (actually TAA operated) DC-10 742 (until that te
: qld has a bigger catchment area than the whole of NZ, and a much higher average income per capita New Zealand's population is just over 4M, while Quee
: Good to hear the 744 will stay as NZs flagship for another 10 years! By then a 747NG will hopefully be available to be a worthy replacement. Thank god
: Good on NZ...I think it sounds likely the small order for 7E7s is to secure options at a price which may well be very attractive when the time (and mo
: Well done ANZ, and all those options, you'll need to expand AKL. More 7E7 will be added later I am very sure. Engine choice is not surprising consider
62 United Airline
: Na, I agree! Same applies to UA and SQ and CX -Desmond
: I may have missed something, but will the 777s be powered by RRs or GEs?? I got the engine choice on the 7E7s, but for the triple? thanks. ok, disrega
: Virginflyer The Qld catchment area does infact extend to northern NSW, but not just that. Effectively the NT, and even PNG! Most ppl travelling intern
: Motorhussy: I agree with you on some of those new routes. I think that they will start AKL-PVG and AKL-PVG in the next few years and it also makes sen
: My guess is that NZ will be (eventually) flying 777-300ER's on the AKL to SFO and LAX routes, use the 777-200ER on the routes to other parts of Asia a
: Good for Boeing, they sure need it! So Qantas going for A-bus widebody and 737 narrow´s cuz the 744 is getting senior in couple of years? Mike//SE
: Range wasn't an issue but it was ETOPS restricted Only through 2002, afterwhich it was not
: Can't wait to see a picture of a 7E7 in Air NZ colours, nothing on Boeing's site at the moment, perhaps later on today.
: Here's an artists rendering of the ANZ 777 and 7E7 together in flight. http://story.news.yahoo.com/news?tmpl=story&u=/040602/photos_bs_afp/04060207000