Lumberton
Topic Author
Posts: 4176
Joined: Fri Jul 29, 2005 7:34 am

Report- GOL Increases 737 Orders

Tue Oct 31, 2006 12:12 am

Can some advise if this is a new development?
http://www.marketwatch.com/news/stor...618-20D2-4D4B-B63D-DC711A6FAE21%7D

Quote:
AO PAULO (MarketWatch) -- Brazil's no-frills airline Gol Linhas Aereas (GOL) placed a firm order for 20 Boeing (BA) 737-800NG jets, raising the total number of firm orders to 87, the company said in a press release Monday.
The airline said the order allows it to pursue plans to "expand and reduce costs."
Gol also increased the number of options on Boeing 737-800NGs by 20, taking total orders to 121, said the release.
"When all is said and done, more will be said than done".
 
PPVRA
Posts: 7878
Joined: Fri Nov 12, 2004 7:48 am

RE: Report- GOL Increases 737 Orders

Tue Oct 31, 2006 12:25 am

Quoting Lumberton (Thread starter):
Can some advise if this is a new development?

Yes it is! Wow, even more 738s!!

Congrats to GOL and Boeing!

EDIT: Winglets are included and delivery for this batch is between 2009 and 2012. News confirmed through the Brazilian media (folha.com.br).

[Edited 2006-10-30 16:28:27]
"If goods do not cross borders, soldiers will" - Frederic Bastiat
 
scouseflyer
Posts: 2165
Joined: Wed Apr 26, 2006 7:02 pm

RE: Report- GOL Increases 737 Orders

Tue Oct 31, 2006 12:29 am

I wonder if these are last weeks UFOs (of which there were 20 IIRC)?
 
LipeGIG
Posts: 5050
Joined: Tue May 03, 2005 7:33 am

RE: Report- GOL Increases 737 Orders

Tue Oct 31, 2006 12:44 am

Yes, here is the press release from GOL, 20 options converted into firm orders and also 20 more options! Huge deal !

São Paulo, October 30, 2006 – GOL Linhas Aéreas Inteligentes (NYSE: GOL; Bovespa: GOLL4), Brazil's low-cost, low-fare airline, announced today that it has increased the number of firm orders from 67 to 87 aircraft, as part of the Company's ongoing expansion and cost reduction plans. The contract is the largest signed between Boeing and a Latin American company. GOL also increased the number of options by 20 aircraft, bringing the total order size to 121 Next Generation 737-800 aircraft.

New order will be received:
2009 - 4 planes
2010 - 8 planes
2011 - 5 planes
2012 - 3 planes

Felipe
New York + Rio de Janeiro = One of the best combinations !
 
NYC777
Posts: 5076
Joined: Wed Jun 09, 2004 3:00 am

RE: Report- GOL Increases 737 Orders

Tue Oct 31, 2006 1:10 am

I think this is probably one of the UFO orders but that will be confirmed by Boeing (probably today).
That which does not kill me makes me stronger.
 
Lumberton
Topic Author
Posts: 4176
Joined: Fri Jul 29, 2005 7:34 am

RE: Report- GOL Increases 737 Orders

Tue Oct 31, 2006 2:10 am

Quoting NYC777 (Reply 4):
I think this is probably one of the UFO orders but that will be confirmed by Boeing (probably today).

That's what I was thinking--previously reported as a UFO.
"When all is said and done, more will be said than done".
 
LipeGIG
Posts: 5050
Joined: Tue May 03, 2005 7:33 am

RE: Report- GOL Increases 737 Orders

Tue Oct 31, 2006 4:26 am

Amazing growing, one will replace PR-GTD lost last month, but the other 19 aircrafts are just because the market will need more.

My big question is that Brazilian Airports (despite some few options) and Air space, keep space for such growing (Tam expect 127 planes, Gol 121, Varig 60, WebJet 20, Ocean Air, 35, BRA 20....)... for sure we will have pax!

And we will see very soon Lan Brazil !

Felipe
New York + Rio de Janeiro = One of the best combinations !