carnoc
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Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 11:03 am

Saw several news reports through Chinese media (also got a few emails from friends who have close relations with Boeing China) saying that Boeing is now in serious talks with a number of China-based carriers, namely Air China, China Eastern, China Southern, Hainan Airlines, Shanghai Airlines & Xiamen Airlines.

News reports were also quoted as a Boeing senior official saying that it is highly likely that Chinese carriers may put a joint order later this year, and it is possible that the total value of this order is going to exceed the value of the first B7E7 order from the Japanese carrier - ANA.

Cheers.
 
carnoc
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Joined: Wed Oct 17, 2001 3:15 pm

RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 11:12 am

Also, in order to promote B7E7 aircraft on Chinese mainland, Boeing China has redesigned its official website with a B7E7 picture as the background and so on. The URL of Boeing China's official website is http://www.boeingchina.com

Best Regards.
 
DfwRevolution
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RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 11:26 am

From every indication, the 7E7 will sell like hot-cakes. One Boeing offical was quoted as to saying he believed there would be several hundred firm orders would be placed before EOS! Keep in mind that, to date, only 260 A330-200 and 210 A330-300 have been ordered.

Can we expect the 7E7 to outsell the A330-300 before 2008? Regardless, I think it is safe to say the 7E7 will beat the 777 as the fastest selling widebody in history.
 
SNATH
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RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 12:10 pm

Here's an interesting article claiming that the ANA order might cause a
cascade of orders from other customers (Singapore Airlines, Malaysia Airlines, Korean Air, and Thai Airways are apparently candidates):

http://www.aviationnow.com/avnow/news/channel_awst_story.jsp?id=news/05034wna.xml

(apologies if this has been posted before...)

Tony
Nikon: we don't want more pixels, we want better pixels.
 
UAORD
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RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 12:30 pm

Does anyone have a copy or did they read an article from Financial Times last week about ANA's order for the 7E7? from what I understand, the actual ANA order is not as impressive as boeing claims, ANA has multiple termination rights and the rights to significantly reducte their order etc....
 
rjpieces
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RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 12:37 pm

Keep in mind that, to date, only 260 A330-200 and 210 A330-300 have been ordered. Can we expect the 7E7 to outsell the A330-300 before 2008? Regardless, I think it is safe to say the 7E7 will beat the 777 as the fastest selling widebody in history.

IMO, the 7E7 will definitly outsell the A330. Future customers like DL, AA, and UA could account for almost 200 aircraft alone. And once the 7E7 enters service, A330 orders are likely to dry up. If DL, AA, and UA are 200 alone, imagine all of the others combined.
"Millions long for immortality who do not know what to do with themselves on a rainy Sunday afternoon"
 
DfwRevolution
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RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 12:40 pm

ANA has multiple termination rights and the rights to significantly reducte their order etc....

ANA has several rights within the contract, not the least of which is the right to terminate or cutrail their order if the 7E7 does not meet perfromance garuntees. Then again, ANA has the option to convert any 763ERs to be delivered after 2008 into 7E7s.... This is in ANA's best interest as it protects themselves from getting screwed with a lemon aircraft, i.e. MD11. Safe move if you ask me  Big thumbs up

the actual ANA order is not as impressive as boeing claims

Well it is a 50 aircraft order. Not 10 + 40 options, but 50 orders. In all likelyhood these airplanes were discounted from the expected list price, but Boeing does not have a habit of "giving" aircraft away. All around great victory for Boeing  Big thumbs up
 
carnoc
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Joined: Wed Oct 17, 2001 3:15 pm

RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 1:06 pm

Just got another email says that at least two of 'BIG 3' (Air China, China Eastern & China Southern) Chinese carriers interests in purchasing B7E7s, but no names were given in the email.

Cheers.
 
rjpieces
Posts: 6849
Joined: Mon Nov 24, 2003 8:58 am

RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 1:53 pm

Wow. This plane really is going to sell like hot cakes.
"Millions long for immortality who do not know what to do with themselves on a rainy Sunday afternoon"
 
SUPRAZACHAIR
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RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 7:51 pm

Yeah, this was mentioned on the local news up here in Seattle as well. I was going to post about it a couple days ago, but never found any solid articles. The reports said Chinese carriers are expected to place order(s) possibly larger than the ANA order and that they wanted the planes before the 2008 Beijing Olympics. Outstanding news, especially if it comes to fruition.
 
Econojetter
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Joined: Thu May 24, 2001 11:24 pm

RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 9:19 pm

China is a big aviation market where both Boeing and Airbus will have a share. It is also a major export nation that is keen to maintain good trade relations, part of it is through the balance of exports/imports. If I am not mistaken, aircraft deals are still made through a central authority (CAAC), except it appears now that individual airlines have a little more say on the type of aircraft they desire.

I believe that the 7E7 will have a role in the Chinese domestic and regional Asian markets, mainly replacing 767/A300/A310 on more mature markets and offering a capacity upgrade for current 757 routes that are growing. It is also the only mid-size product with a variant specifically aimed at short-medium range operations. That said, if Airbus makes good on its threat to dump the A330-200 prices, they could steal some of the orders, especially since the bullishness of the developing Southeast Asian markets seems to favour higher-capacity aircraft. I wonder if Boeing isn't being urged to push forward the development of the stretched version to attract the likes of TG, SQ and MH (Malaysia has been reported as seeking workshare on the aircraft), where there would be a need for a 7E7-stretch (along with 7E7 basic) even before 2008.
 
Guest

RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 9:28 pm

In all honesty i dont think airbus need to do anything dramatic to prices.

I cant see airlines who operate the A330 at the minute, dumping there A/C and buying the 7E7. And if they are going to expand their fleet the majority will continue purchasing the A330 IMO.
 
MY7E7
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RE: Boeing Hopes China Becomes 2nd B7E7 Customer

Fri May 07, 2004 10:05 pm

Another interesting fact is that the Chinese Airlines are considering a joint order, that could potentially be quite a large number of aircrafts that would be ordered. Might easly be over 50 aircrafts.
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