OyKIE From Norway, joined Jan 2006, 2755 posts, RR: 4 Posted (4 years 1 day 20 hours ago) and read 10658 times:
Quote: SEATTLE, Dec. 20, 2010 /PRNewswire/ -- Boeing (NYSE: BA) today announced its production rate for the 777 program will increase to 8.3 airplanes per month in the first quarter 2013. This is the second production increase announced for the program this year. In March the program announced it would increase production from five to seven airplanes per month beginning in mid-2011.
"In response to strong customer demand globally, we are increasing our yearly production to 100 777s," said Boeing Commercial Airplanes President and CEO Jim Albaugh. "The 777 is the twin-aisle market leader because of its superior operating economics, unmatched range and preference among travelers' needs."
The 777 has a large installed operator base, and a track record of proven performance including 1,163 orders, 907 deliveries and a backlog of more than 250 airplanes. Suppliers are prepared to support the rate increase.
I wonder if Boeing will push more 777-200ER/LR with this planned increase in production rate?
Dream no small dream; it lacks magic. Dream large, then go make that dream real - Donald Douglas
nomadd22 From United States of America, joined Feb 2008, 1900 posts, RR: 0
Reply 2, posted (4 years 1 day 20 hours ago) and read 10606 times:
Sounds like Boeing wants to be able to offer a 777 without a four year wait. That could be it's big advantage over 359s or 3510s. Get a 777 in two or three years or wait six or seven for a 350.
It could have something to do wiht their cryptic hints of greater improvements in weight and efficiencies than anyone thought possible, planning on sales keeping pace or even improving in the future.
Daysleeper From UK - England, joined Dec 2009, 873 posts, RR: 1
Reply 9, posted (4 years 1 day 17 hours ago) and read 9774 times:
Quoting lightsaber (Reply 8): Positions is a discounted 77E/77L, not a free plane. ANA bought a few, I'm not sure who else.
Sounds very plausible that they will be offering more 777 as compensation deals for the delays to the 787. Didn't BA take a few? I think some they purchased, the others are leased.
Couple of questions though, isn't the 777 in any version significantly more expensive than the 787 - If so I wonder who is covering the bulk of the costs, as I thought the majority of the 777 costs were down to the engines which GE have a monopoly on with the 77W. Answering my own question here, but I wonder if that's why SU have ordered the E/L version?
Also, if these are leased like the BA ones, when the 787 reaches a reasonable production rate wont the market be flooded with 777s? AI are seem to be struggling to find anyone willing to lease theirs - Although I don;t think anyone knows what price they are expecting and if this is reasonable.
MEA-707 From Netherlands, joined Nov 1999, 4358 posts, RR: 35
Reply 11, posted (4 years 1 day 17 hours ago) and read 9687 times:
Still a backlog of 250 is not that big, what if new orders don't come in as much as they hope and they have to decrease back to 4 or 5 after a year, isn't that a waste of resources?
Many major 777 operators like American, United, Singapore seem not to be interested in further orders, so I wonder who will buy all the 777s they want to produce.
It's interesting to compare the 737 backlog which is about 2200 aircraft. And they don't increase the production rate of that type to 83 aircraft a month !
nobody has ever died from hard work, but why take the risk?
mogandoCI From , joined Dec 1969, posts, RR:
Reply 13, posted (4 years 1 day 16 hours ago) and read 9574 times:
Quoting MEA-707 (Reply 11): Many major 777 operators like American, United, Singapore seem not to be interested in further orders, so I wonder who will buy all the 777s they want to produce.
when they realize traffic climbs back to pre-recession levels......... they're in desperate need for additional lift......... the 77E/77L/77W can be ordered and delivered with very short lead times......... the A330 can only go so far and lift so much......... the 787-8 being way too small......... the 787-9 falling short of Boeing's promise due to weight increases......... and the A350 being plagued with delays just like 787..... esp if you consider the A350-1000's entry-into-service won't be until at least late 2015 (and that's probably too aggressive), if not later
one prime example is CX - they seem to love their 77W so much that their entire long-haul strategy evolves around it.
And when you realize how many 744s need replacing (the first 744s are like 22 years old), and how Boeing can discount the 77W even more heavily the counter any potential sales of the A350-1000, the 777 is here to stay
Could you enlighten me where the A350 is 'plagued with delays' to match the 787? Mind you, it would be pretty hard to achieve that at this point, so I'm certainly interested in your answer showing this.
tarheelwings From United States of America, joined Jul 2009, 209 posts, RR: 0
Reply 16, posted (4 years 1 day 13 hours ago) and read 8999 times:
Quoting AirNZ (Reply 15): Could you enlighten me where the A350 is 'plagued with delays' to match the 787? Mind you, it would be pretty hard to achieve that at this point, so I'm certainly interested in your answer showing this
We appreciate the fact you're trying to keep posts as close to reality as possible, I would agree that the comment "A350 is plagued with delays" is not really based on substantiated facts.
Too bad you missed the chance to call him on the following comment (which also is based more on rumours than actual facts):
Quoting mogandoCI (Reply 13): the 787-9 falling short of Boeing's promise due to weight increases
stitch From United States of America, joined Jul 2005, 31417 posts, RR: 85
Reply 17, posted (4 years 1 day 11 hours ago) and read 8366 times:
Quoting Revelation (Reply 10): Yes, but (the 747-8 program) is in a "loss forward" position, i.e. current sales will not result bring in enough to make it profitable.
And almost all of that money has already been spent in prior years. The only real costs now are production.
Quoting MEA-707 (Reply 11): Still a backlog of 250 is not that big, what if new orders don't come in as much as they hope and they have to decrease back to 4 or 5 after a year, isn't that a waste of resources?
The 777 secured 76 gross orders and while there have been 30 cancellations, that has been due more to financial difficulties (JL and AI) more than lack on interest in the model (CO) so once those airlines that cancelled get healthy again, that favors them placing new orders.
frigatebird From Netherlands, joined Jun 2008, 1715 posts, RR: 1
Reply 22, posted (4 years 22 hours ago) and read 4586 times:
Quoting nomadd22 (Reply 2): Sounds like Boeing wants to be able to offer a 777 without a four year wait. That could be it's big advantage over 359s or 3510s. Get a 777 in two or three years or wait six or seven for a 350.
Most likely. Possibly customers are ready to place large orders for the 777, the only condition being that they can be delivered at short notice.
Quoting Revelation (Reply 3): I guess we'll get to see the SU 777s that much quicker!
I guess we'll see the LOI changed into a firm order soon now that the production increase is confirmed.
And who knows how many of those LOI/MOU's are already there, without public knowledge... Could be a very good time for 777 orders now.
That's crazy talk. QF has completely missed the boat on the 777. It's too late now.
Whats crazy is the state of the 787 program - QF considering 77W's is nothing more than a consequence of that state of affairs. If QF do seriously consider the 777 it will be the 4th time they have done so over the years, 1998 - 77E, 2005 - 77L and 2008 - 77W.