Flying-Tiger
Posts: 3928
Joined: Mon Aug 23, 1999 5:35 am

Shanghai Airlines Orders A321

Fri Aug 31, 2007 3:13 pm

Shanghai goes A321:

Quote:
Shanghai Airlines Co. said Friday its board has approved a plan to buy five A321 planes from Airbus to expand its fleet and sell four B757 craft to Aircastle and lease them back.

The catalogue price of the Airbus planes is about US$370 million, but the actual price will be lower than that, said the Shanghai-based carrier, adding that the delivery of the planes is scheduled between 2011 and 2012.

http://www.marketwatch.com/news/stor...C9D-1BC1-474B-BCEF-D85156BB1940%7D

Even though a small order in size it is certainly a major victory for Airbus to break into the Shanghai Airlines Boeing-stronghold.
Flown: A319/320/321,A332/3,A380,AT4,AT7,B732/3/4/5/7/8,B742/4,B762/763,B772,CR2,CR7,ER4,E70,E75,F50/70,M11,L15,S20
 
PADSpot
Posts: 1637
Joined: Sat Jan 15, 2005 11:31 pm

RE: Shanghai Airlines Orders A321

Fri Aug 31, 2007 4:12 pm

If they can't fill the 757 entirely and don't need the additional range, the A321 is way cheaper to operate. As their 757 are also pretty new there is still a lot of capital cost on them. Is see the Sale-and-Lease-back arrangement as some sort of first step in getting rid of them.
 
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Dalavia
Posts: 413
Joined: Mon Feb 14, 2005 3:08 pm

RE: Shanghai Airlines Orders A321

Fri Aug 31, 2007 4:18 pm

Quoting Flying-tiger (Thread starter):
Even though a small order in size it is certainly a major victory for Airbus to break into the Shanghai Airlines Boeing-stronghold.

I agree. Shanghai Airlines has been all-Boeing since it began. This is a very significant shift in a rapidly growing and increasingly important airline.
 
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Dalavia
Posts: 413
Joined: Mon Feb 14, 2005 3:08 pm

RE: Shanghai Airlines Orders A321

Fri Aug 31, 2007 4:20 pm

Quoting PADSpot (Reply 1):
As their 757 are also pretty new there is still a lot of capital cost on them.

Am I right in thinking that the Shanghai Airlines 757s were the last ones produced?
 
PADSpot
Posts: 1637
Joined: Sat Jan 15, 2005 11:31 pm

RE: Shanghai Airlines Orders A321

Fri Aug 31, 2007 4:24 pm

Quoting Dalavia (Reply 3):
Am I right in thinking that the Shanghai Airlines 757s were the last ones produced?

Al least they got THE last one.
 
scouseflyer
Posts: 2172
Joined: Wed Apr 26, 2006 7:02 pm

RE: Shanghai Airlines Orders A321

Fri Aug 31, 2007 4:46 pm

I'm guessing that these won't actually be a new order but part of the remaining unallocated planes from the 150 ordered last year?

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