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EVA Plans To Cancel 772LR/773ER Order  
User currently offlineFBWless From Sweden, joined Feb 2000, 197 posts, RR: 0
Posted (12 years 6 months 3 days 14 hours ago) and read 1799 times:

EVA PLANS TO CANCEL US$3bn BOEING 777 ORDER

By George Hsu

Taipei, March 4 (Bloomberg) -- EVA Airways plans to cancel its order of long-range versions of the Boeing 777 jetliners worth as much as $3 billion as Taiwan's second-largest airline opts to expand routes closer to home.

The airline is "finalizing a plan to cancel the Boeing 777 orders'' as the versions on order have higher operating costs on short-range routes than other planes being considered, EVA's Chairman Yu Chong-ho said in an interview.

EVA, along with other Asian carriers, has shifted its market focus more to regional traffic after the Sept. 11 terrorist attacks dented demand for trans-Pacific flights. That change prompted the airline to re-examine its decision in June 2000 to order three 777-200LR and four 777-300ER jetliners, with options for eight more 777s.

EVA has been the only customer to date for the 777-200LR, said Hong Kong-based Boeing spokesman Mark Hooper. He declined to comment on the airline's plans.

"EVA's more profitable routes are Hong Kong and Japan, so we wouldn't really have good use for Boeing 777s,'' Yu said.

Yu declined to confirm that EVA may instead order planes from rival Airbus SAS, which in January 2001 broke Boeing's monopoly on aircraft sales to the carrier.

"We can cancel the order first and order new jets later, after our evaluation,'' Yu said.

"There are potential opportunities for Airbus, which last year got our first sales with EVA,'' said Tony Phillips, Airbus's Singapore-based spokesman. "Taiwan is an important market for Airbus.''

EVA expects to return to profit this year, betting travel will rebound worldwide and the island's economy will recover from its worst full-year recession on record, Yu said.

EVA Air slumped to a loss of NT$3.1 billion ($88 million) in 2001 as slowing economies and fears of terrorism curtailed air travel and cargo demand.

Taiwan exports, many of which are transported by air, fell 17 percent last year as demand for computer chips and other electronic goods withered. EVA has the highest exposure to cargo traffic of all Asia's major airlines, analysts said.


12 replies: All unread, jump to last
 
User currently offlineLumumba From Belgium, joined Mar 2001, 369 posts, RR: 1
Reply 1, posted (12 years 6 months 3 days 13 hours ago) and read 1737 times:

Is it true that eva air is starting to fly to Brussels????
TXS
Patrice


User currently offlineHkgspotter1 From Hong Kong, joined Nov 2005, 0 posts, RR: 0
Reply 2, posted (12 years 6 months 3 days 13 hours ago) and read 1729 times:

Well, I dont see the LR flying in the next 5 years.

User currently offlineFBWless From Sweden, joined Feb 2000, 197 posts, RR: 0
Reply 3, posted (12 years 6 months 3 days 13 hours ago) and read 1718 times:

The 772LR is just as dead as the 764ERX and the 747X.

User currently offlineTEDSKI From , joined Dec 1969, posts, RR:
Reply 4, posted (12 years 6 months 3 days 13 hours ago) and read 1710 times:

I bet they are going to Airbus for the new A340-500/600 models for their long range routes.

User currently offlineB757300 From United States of America, joined Dec 2000, 4114 posts, RR: 23
Reply 5, posted (12 years 6 months 3 days 13 hours ago) and read 1701 times:

Funny, EVA had once ordered the A340-500 and then cancelled it in favor of the 777. EVA doesn't seem to be able to make up its mind.


"There is no victory at bargain basement prices."
User currently offlineDonder10 From Canada, joined Oct 2001, 6660 posts, RR: 21
Reply 6, posted (12 years 6 months 3 days 12 hours ago) and read 1669 times:

Exactly 757300 LOL.The other week they released a press release saying how they saw the 773ER as replacing the 744 and their long term long haul plane..

User currently offlineBoeing in Pdx From , joined Dec 1969, posts, RR:
Reply 7, posted (12 years 6 months 3 days 11 hours ago) and read 1647 times:

Taiwan's EVA Air: B777 Purchase Deal Remains Effective

TAIPEI -(Dow Jones)- EVA Airways Corp. (Q.EAW) denied Monday it may cancel an aircraft purchasing deal worth $3 billion with U.S. -based Boeing Co. (NYSE: BA - news) (BA).

Nieh Kuo-wei, spokesman of the No. 2 airline in Taiwan , said its deal with Boeing, signed two years ago, remains effective. Nieh was responding to a media report saying Boeing may lose the deal.

The package includes firm orders of seven B777 long-range passenger aircraft scheduled for delivery starting 2005 and options to buy or lease eight other units remain effective, said Nieh....



User currently offlineHamlet69 From United States of America, joined Mar 2000, 2744 posts, RR: 58
Reply 8, posted (12 years 6 months 3 days 10 hours ago) and read 1625 times:

Here is the link to the denial of the 777 cancellation:

http://biz.yahoo.com/djus/020304/200203040737000234_1.html

Which one is accurate? At this point, it doesn't appear that they even know.

However, if the first story is true, then it means that the A340NG's are out as well, and the new order would instead be (probably) for more A330-200s or other 777 models (quite possibly the -300) instead.

Hamlet69



Honor the warriors, not the war.
User currently offlineJiml1126 From , joined Dec 1969, posts, RR:
Reply 9, posted (12 years 6 months 3 days 9 hours ago) and read 1588 times:

EVA WILL go ahead with the 777 deliveries. EVA has announced that it'll retire all of it's 747 (excluding freighter) around 2005/2006. The replacement will be either A340 or B777. but since 777 is ordered already, they'll replacing the 747.

EVA has no official announcement for Brussels flight. But the Taiwanese newspaper has reported that Brussels will join EVA's destination network this summer.


User currently offlineBluebellyA380 From United States of America, joined Feb 2001, 168 posts, RR: 0
Reply 10, posted (12 years 6 months 3 days 6 hours ago) and read 1529 times:

Perhaps EVA might give the A380Combi some consideration to supplement and eventually replace the 744Ms.

User currently offlineChiawei From United States of America, joined Nov 2000, 944 posts, RR: 1
Reply 11, posted (12 years 6 months 3 days 6 hours ago) and read 1524 times:

Actually both report were correct. Taiwanese government is using this as a bait to put pressure on US to deliver Aegis-class destroyer as well as TMD to Taiwan.

Unknown to people in this board that another news broke yesterday that US. may approve a conditional sales of Aegis Destroyer to taiwan.

It looks like EVA will go full out on boeing 777. Which now begs the question with A330 as an odd ball, what will they do with route to hong kong and within Asia.

Airbus A330/A340 fits EVA's business plan much better. As the 1st report is correct that 777 is too heavy to operates the short flight to Hong Kong efficiently.



User currently offlineA330300 From United States of America, joined Nov 2005, 172 posts, RR: 0
Reply 12, posted (12 years 6 months 3 days 6 hours ago) and read 1503 times:

Any specific reason why they are unhappy with the 744 fleet?


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