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ANA Plans To Buy 9 767s, Lease 3 A320s

Wed Mar 28, 2001 11:44 pm

Tokyo, March 28 (Bloomberg) -- All Nippon Airways Co. plans to buy nine Boeing Co. 767-300 aircraft worth about $1 billion and lease three Airbus Industrie A320 jets, as part of three-year fleet plans for Japan's biggest domestic airline.

The medium-sized 767s will be introduced in the business year ending March 2003, while the Airbus jets are to be leased from the European aircraft maker's local sales agent, Mitsui & Co., in the year ending March 2004, said ANA spokesman Fred Tanaka.

Airbus recruited Mitsui, Japan's largest trading company, earlier this year to help it grab market share from Seattle-based Boeing, which dominates Japan's commercial aircraft market. Mitsui does not yet own any Airbus jets, and currently leases some Boeing aircraft.

Boeing has supplied more than 80 percent of the planes now flown by Japanese carriers, while Airbus failed to win any orders in Japan last year.

Japan Airlines Co., Asia's largest carrier, has yet to order any Airbus planes.

ANA said it plans to retire 18 aircraft, including seven Airbus A321s and 11 Boeing 767s in the year ending March 2003. The new jets will join the 42 767-300s and 25 A320s the company already operates.

The reduction in aircraft model types should save 15 billion yen ($123 million) in annual maintenance costs, ANA said in a press release.

Boeing's 767-300 aircraft sell for about $120 million each, and can seat more than 250 passengers. Airbus' 150-seat A320s cost up to $58 million.

ANA shares fell 0.7 percent to 439 yen in Tokyo.

RE: ANA Plans To Buy 9 767s, Lease 3 A320s

Thu Mar 29, 2001 6:27 am

Sounds good to me  Smile
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Joined: Thu Aug 03, 2000 4:46 am

RE: ANA Plans To Buy 9 767s, Lease 3 A320s

Thu Mar 29, 2001 7:05 am

Don't worry, Tom. Somebody will for sure say: "767-400 failed again". Big grin

RE: ANA Plans To Buy 9 767s, Lease 3 A320s

Thu Mar 29, 2001 7:10 am

Yea really RIX.  Smile

You know, ANA does have 18 762s it has to replace, and ANA only ordered 9 763s. Unless ANA is cutting capacity, they might have another order up thier sleeve, and are doing some last minuite analysis on the 764. It would be nice.
The best, Tom

RE: ANA Plans To Buy 9 767s, Lease 3 A320s

Thu Mar 29, 2001 7:14 am

Excuse me, that's 11 762s.

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