wjcandee
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WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 11:28 am

The WSJ online edition hit with a headline an hour ago that says "Boeing Gets Big U.S. Order for 7E7s". I don't subscribe to the online edition, so I don't know if this is in addition to the CO order announced on Wednesday.

I don't know if 10 aircraft is exactly a "Big" order, so I'm inclined to think that this is new news. OTOH, it could be an article that didn't make it into Thursday's paper; I don't know if they published on Friday.

Anybody have more definitive information?

All the best,

Bill
 
uadc8contrail
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 11:30 am

if i were a betting man i would say gordon and his band of texans are gonna jump in and get some, just a hunch
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STT757
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 11:34 am

"if i were a betting man i would say gordon and his band of texans are gonna jump in and get some, just a hunch "

CO has ordered 10..
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DfwRevolution
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 11:34 am

if i were a betting man i would say gordon and his band of texans are gonna jump in and get some, just a hunch

Gordon and his band of Texans already has jumped in and gotten some. If you look on Boeing's website, you will see a 7E7 flying in CO colors. The question is if another big 7E7 order is coming from a U.S. carrier....

http://www.boeing.com/news/releases/2004/q4/nr_041229g.html
 
MAH4546
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 11:57 am

If another order is coming from a US airline, it is Northwest or American. I wouldn't be surprised to see American start ordering them, because they short-ranger version is prefect for their short/medium haul markets to the Caribbean and Latin America from Miami.

Before people keep on going "AA can't afford it blah blah blah", keep in mind we are talking about 2009-2010 here. They can place an order now with little or no financial obligation for another 3-4 years.
a.
 
wjcandee
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:04 pm

Too bad nobody here subscribes to the Online Journal, then they could just click on the link and read the article. I actually am finding it quite suspenseful...
 
Floris
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:08 pm

Obviously the article is on the CO order. Do you seriously think that if there was a second US order, it would ONLY be in the WSJ and on no other website? Including Boeing's website? Duh!
 
aa777jr
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:11 pm

Ten a/c isn't a huge order, I hope AA is ordering the 7E7. I tried to call my CFI to ask him...
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atmx2000
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:12 pm

I think it is the CO order, because I saw an article dated 12/30 with the same title on the WSJ site.
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wjcandee
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:17 pm

Floris:

I hardly thinks that this merits a "Duh."

Respectfully, the Wall Street Journal often breaks stories on Boeing (and other large American industrial firms) before the markets open and before the companies officially announce them. That's sort of the point of being a business reporter -- to glean information and break stories before the companies issue their own press releases. Otherwise, I wouldn't read the newspaper; I would just monitor PR Newswire and corporate web sites for my business news.

Given that this is Sunday, perhaps Boeing was planning on announcing it tomorrow. All the articles over the weekend that I saw stated that Boeing was not giving up on the 200 number, even after the close of business on Friday.

Of course, as I note in my initial post, this could simply be the headline for an analytical article to appear in Monday's print edition regarding the CO order. However, as the CO order came on *Wednesday*, it just seemed odd to me that the WSJ would put the headline out to Yahoo! and others for the first time late on Sunday evening. It's possible. But it might well be something else. Hence, the intrigue.

All the best,

Bill
 
wjcandee
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:18 pm

Atmx: If that's the case, you're probably right.

Sorry if I stirred up a hornet's nest. (Dang WSJ headline writers...)

--Bill
 
captaingomes
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:18 pm

I tried to call my CFI to ask him

Why would your flight instructor know?

Like others, I too believe it is just the Continental order for the 7E7's, although it would be a pleasant surprise to see another American airline taking the plunge for the aircraft this soon.
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N79969
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:20 pm

Assuming that it is about Continental, I think the term "big" refers to the fact that such an order from a U.S. airline is a harbinger of better days to come.

Personally I would have used a word other than "big" to describe it though.
 
Floris
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:20 pm

Some people are easy to intrigue then. Perhaps US orders 100  Wink/being sarcastic If you stay awake all night, you might learn the answer at 4 am!

[Edited 2005-01-03 04:21:57]
 
hoya
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:24 pm

The article is about CO's order. I have access to the WSJ Online. However, this article is from Dec. 30, and not today.

Edit: The article is about CO. It came up as a new article because there were some corrections and updates to the one from Thursday. Allegedly in the original article, WSJ gave the specs for the 7E7-3 and not the 7E7-8 that CO ordered.

[Edited 2005-01-03 04:59:00]
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N79969
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 12:26 pm

I wanted to add what Wjcandee already did. The WSJ often is the first to press with such news. Given that they already obviously knew about the CO order and published a piece on it on Thursday, then there is a good chance there is an actual entirely new order for B7E7 since they published a separate article 4 days later.

I hope it is NWA or American. I hope it is not Primaris doubling its order though.
 
AAplatnumflier
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 1:23 pm

AA can afford it and I am telling you rumors are circling around.....
 
 
ckfred
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 1:45 pm

A friend of mine is an AA pilot, and he's been hearing rumors of an AA order for 7E7s for several weeks. Supposedly, the order will be for deliveries in 2010 or later.

 
leelaw
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 1:48 pm

It's the article from 12/30/04 which has merely been been corrected, under "corrections and amplications" at the bottom of the article, to include the specs froms the 7e7-8 rather than 7e7-3 which were originally published.
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ChiGB1973
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Mon Jan 03, 2005 2:19 pm

The 757-300s and 737-800s are coming from TZ's fleet from what I understand.

I also wonder why CO or NW did not take some of Thomas Cook's 757-300s off their hands. They have been trying to unload them for a while through Airbus.

M
 
VSCaptain
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 2:22 am

That's surprised me! I thought Northwest would be the first airline to order the 7E7 because I seem to remember Northwest has already announced the 7E7 pilots pay.
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gigneil
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 2:27 am

They also already announced the 350 pilot's pay.

AA can afford it and I am telling you rumors are circling around.....

AA can't afford it, at all. But I'm sure there are rumors.

N
 
gearup
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 3:01 am

A friend of mine is an AA pilot, and he's been hearing rumors of an AA order for 7E7s for several weeks. Supposedly, the order will be for deliveries in 2010 or later.

Why not? Even airlines under chapter 11 were placing orders for new aircraft (AC).
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Rj111
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 3:13 am

I don't know if 10 aircraft is exactly a "Big" order.

.....and 'big' might not refer to the number of planes more to the significance (first US major) of the order.
 
nucsh
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 6:25 am

AA not affording the 7E7?? I chuckle at that. They're the biggest airline in the US, and as far as I know, aren't even close to Ch.11 filing. (Now, remember, I said as far as I know. I'm not sure if they are close or already HAVE filed Ch.11)

If there was any airline in the US that would order the 7E7, it would've been my guess that it was either CO or AA to order it first. It turned out to be CO. Either way, we're seeing the 7E7 fly in the US now...

Score.  Smile
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N328KF
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 6:30 am

Nusch:

Yes. It speaks volumes of the analytical ineptitude of many of the Aneters who think that AA is broke. $3bil+ in liquid assets is not "broke."
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STT757
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 10:46 am

"The 757-300s and 737-800s are coming from TZ's fleet from what I understand."

CO is getting the 8 757-300s from ATA, however the 737-800s are new builds from Boeing that are to be delivered in '06. The 737-800s are from an AA order which was defered, so CO grabbed their delivery spots.
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mariner
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 10:54 am

N328KF:

Um - hang on a tick. How much money an airline has in the bank is little indication of their financial health.

United has a couple of billion in cash in the bank, but I would call them a "financially healthy" airline.

AA may be more financially more healthy than United but $3 billion in the bank is no guarantee of that.

What - for example - is AA's debt?

cheers

mariner
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whitehatter
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RE: WSJ 1/2/05: Boeing Gets Big US 7E7 Order

Tue Jan 04, 2005 11:00 am

Yes. It speaks volumes of the analytical ineptitude of many of the Aneters who think that AA is broke. $3bil+ in liquid assets is not "broke."

says a lot about yours too.

Cash in hand is for operating and not assignable to any capital expenditure. An airline wihout liquidity is one that can't fly....and $3bn is what would be expected for a carrier of the size of AA or more. A current account balance is needed or bills and purchases don't happen, which means the wheels don't get off the ground.

AA is still not out of the woods by any standards, although they are going in the right direction.
Lead me not into temptation, I can find my own way there...