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n1786b
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CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 4:34 pm

< snip >

Boeing sells 10 more 787s
$1.5 billion order expands Dreamliner presence in U.S.

By JAMES WALLACE
P-I AEROSPACE REPORTER

PARIS -- Continental Airlines plans to order 10 more 787 jetliners, giving The Boeing Co. another big boost in its quest to place its Dreamliner with U.S. customers.

The $1.5 billion order from the nation's fourth-largest airline could be announced as soon as today, according to an airline industry source who is attending the annual membership meeting of the International Air Transport Association here.

Continental also is ordering 34 Boeing 737s, according to another industry source. That order could be worth more than $2 billion at list prices.

< snip >

Link to full article:

http://seattlepi.nwsource.com/business/272839_boeing06.html


- n1786b
 
AA777
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 4:40 pm

Wow! Congrats to CO. I'm glad to see the 787 still selling well. Any info on what types these 10 will be?

-AA777
 
n1786b
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 4:43 pm

The article states they are 787-8s

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LTU932
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 4:48 pm

I also wonder about which 737s they bought. If it's just a mix of perhaps the 738 and 73G or maybe even with a few -900ERs.

Congrats to CO for the purchase! Hopefully Boeing will post an official press release soon. I hope to see them soon in action, hopefully in HAM as well.

[Edited 2006-06-06 09:49:39]
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Alitalia744
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 5:24 pm

Quoting LTU932 (Reply 3):
I also wonder about which 737s they bought. If it's just a mix of perhaps the 738 and 73G or maybe even with a few -900ERs.

CO is done acquiring 73Gs so these are either add-on -800s or new 900ERs.
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airtran737
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 6:40 pm

Excellent news for the folks at CAL and Boeing. Congrats.


filler
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kappel
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 6:44 pm

I wonder why CO is only buying the 787-8. I would have thought they can also use the -9 for some routes. I realize that the 764's and 772's are still pretty new, so are these just for expansion/replacement for the 752's and 753's?

[Edited 2006-06-06 11:45:38]
L1011,733,734,73G,738,743,744,752,763,772,77W,DC855,DC863,DC930,DC950,MD11,MD88,306,319,320,321,343,346,ARJ85,CR7,E195
 
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 6:59 pm

I would have thought that the 787-9 would now start getting some major orders - however CO's management knows best and chalk up another one for the 787.
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tigerotor77w
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 7:44 pm

Interesting, but announced in Paris? Is this customary?
 
n1786b
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 7:51 pm

Quoting Tigerotor77W (Reply 8):
Interesting, but announced in Paris? Is this customary?

Nothing announced officially (yet) but IATA is holding it annual meeting this year in Paris - that is where all the bigwigs and press are this week.

-n1786b
 
fuffla
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 8:21 pm

Hopefully CO bring something a little larger down to CNS on their island hopping journey. (LAX-HNL-GUM-CNS) all in a tiny little 737. Most of their flights are fully booked out too!
 
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drerx7
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 9:14 pm

My guess these 787s will be used for expansion and replacement of 757s/767s on some international routes. Thats when we may see those birds return to some domestic routes. I'm sure they'd like to put a 767 back to LAX, MCO, SJU, SDQ, and possibly on the LAS runs.
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7e72004
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 9:23 pm

What are the chances any of the US airlines that order the 787 will use them on domestic routes? I doubt that i will be getting overseas for a very long time.
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Stitch
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 9:28 pm

CO may be ordered 787-8s now to secure slots and for routes they know that will be enough plane for. They still appear to have time to order 787-9s and still get them in a reasonable timeframe from EIS for that model.

CO might use 787-8s domestically to link hubs as they transit between international destinations, but I don't know if they currently do that now with their other widebodies.
 
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PanAm_DC10
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 9:41 pm

Can someone help clarify? It is my understanding that CO currently have 7 firm 787 orders, 3 waiting to be firmed plus 5 Options. With this new order for 10 787s will that include conversion of their 5 options or is the order increased to 20 to be booked firm with 5 outstanding options?

As for the 737s that is a substantial commitment. What is most pleasing irrespective of whether it's A or B is that it's good to see the U.S. market finally starting to recover to the stage where established carriers can order again, despite fuel being at current levels. Let's hope we see a continued pick up in the North American market.

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ikramerica
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 10:12 pm

This 737 order is most likely an order for the 737RS. What I mean is that they will be converted to 737RS when launched and they are just "getting in line". CO already has outstanding 737 orders of 40. Not exactly sure what they will do with 74 737s unless they are planning on retiring the 733s?
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IAHFLYR
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 10:22 pm

I hear the 300's are not in their long range plans, they have no GPS, DME/DME IRU is the 300 NAV source. The EFIS 300's they had if only in small numbers are gone due to the higher end leases, so the 300's are the only CO aircraft not capable of low RNP containment.

As for a large number of 737's any ideas on a delivery schedule of existing orders let alone new order if it in fact comes to be reality?

GO CO
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ManchesterMAN
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 10:25 pm

Quoting 7E72004 (Reply 12):
What are the chances any of the US airlines that order the 787 will use them on domestic routes? I doubt that i will be getting overseas for a very long time.

I would be quite confident that CO will end up using them on one or two EWR-IAH runs to reposition the aircraft and get an extra leg out of them between long haul flights like they now do with the 767s.
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brendows
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 10:26 pm

Quoting PanAm_DC10 (Reply 14):
Can someone help clarify? It is my understanding that CO currently have 7 firm 787 orders, 3 waiting to be firmed plus 5 Options. With this new order for 10 787s will that include conversion of their 5 options or is the order increased to 20 to be booked firm with 5 outstanding options?

Of the 10 orders for 787 in the end of December 2004, CO had cancellation rights on five of them. In other words: the original deal was for 5 firm and 5 options.
Later, on the 31st of December 2005, two out of these cancellation rights expired. I don't have any information on when the last three options expires, but this (rumoured) order might indicate that it will happen in the not so distant future...
Also, I guess this will be an order for another ten 787.
 
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 10:42 pm

Great news!!

Really needed some additional aircraft to fuel the international expansion...the schedule is really fleeted out to the max, almost overscheduled in a sense, and these things can't come fast enough.

I can see some redeployment of existing assets, but also new Euro routes from EWR, and some longer haul stuff out of IAH.
 
airmailer
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:04 pm

Quoting LTU932 (Reply 3):
maybe even with a few -900ERs.

I could definitely see them picking up some -900ERs... anyone think that there's a chance that they'll pickup some -700ERs?
 
mush
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:04 pm

Great News for Boeing and CO.

Quoting Drerx7 (Reply 11):
My guess these 787s will be used for expansion and replacement of 757s/767s on some international routes. Thats when we may see those birds return to some domestic routes. I'm sure they'd like to put a 767 back to LAX, MCO, SJU, SDQ, and possibly on the LAS runs.

I would love for CO to put the 767 back on EWR-LAX...I fly this route very frequently and I haven't seen a 767 since 2000 or 2001...don't get me wrong I love the 752, but having two aisles is great and you can't beat 2-3-2.

Quoting Ikramerica (Reply 15):
This 737 order is most likely an order for the 737RS.

I agree...everybody keeps talking about AA replacing their Mad Dogs, but let's not forget that CO has the second largest fleet of 737s on (and above) earth (258 according to their last 10K) and they will need to be replaced and upgraded eventually.

Interesting thought...Boeing can sell well over 1000 737RS to Texas airlines alone. (600 to Southwest, 300 to American, and 300 or so to CO)

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cle757
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:16 pm

Maybe this new order will free up some 757's, so they can start CLE-AMS.
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airfrnt
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:17 pm

Quoting 7E72004 (Reply 12):
What are the chances any of the US airlines that order the 787 will use them on domestic routes? I doubt that i will be getting overseas for a very long time.

Doubtfull. The American carriers are really starting to stick to the widebodies for international only trick. Even DL has moved all of their 767s (which used to do MCO - ATL) to international. UA still has some domestic wide bodies, but these are usually positiong flights between hubs to get ready for the international flights later in the day.

Quoting Ikramerica (Reply 15):
This 737 order is most likely an order for the 737RS. What I mean is that they will be converted to 737RS when launched and they are just "getting in line". CO already has outstanding 737 orders of 40. Not exactly sure what they will do with 74 737s unless they are planning on retiring the 733s?

I doubt it. In fact, I would read this as the 737 line being open until at least 2014. I think that when the 737RS is launched, CO will order a lot more then 20, and I think that you will see a fleet wide revamp order from WN, NW, or AA to launch the 737RS.
 
COfaninBOS
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:35 pm

CO is running 2-3 767-200s between IAH and EWR this summer. On most days, it's two but I've seen 3 around the July 4th weekend.

As for this order, awesome news.

I hope to see some IAH expansion in there. Hopefully my hometown will finally get Frankfurt and Madrid. Would love to see Santiago too.
 
tockeyhockey
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:38 pm

will the 900ER go across the pond? if so, will CO start flying it from EWR to second and third tier cities in western europe?

[Edited 2006-06-06 16:44:51]
 
tockeyhockey
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:42 pm

Quoting 7E72004 (Reply 12):
What are the chances any of the US airlines that order the 787 will use them on domestic routes? I doubt that i will be getting overseas for a very long time.

i imagine the 787 being an excellent hub to hub aircraft for many american airlines. i can see UA eventually running them between DEN and IAD or DEN and ORD, or delta using them between ATL and SLC.

but the use will be very limited -- not much more frequent than current use of widebodies on domestic routes. look for airlines to use the 787 99% of the time on international routes.
 
rjpieces
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:43 pm

Quoting Kappel (Reply 6):
I realize that the 764's and 772's are still pretty new, so are these just for expansion/replacement for the 752's and 753's?

I was wondering this too. My thought would be that they will put the 787 on some current 757 transatlantic runs that can use the upgraded capacity; perhaps then start some more new secondary cities with the 757s until they are retired?!

This is just a reminder about how there is no good replacement for the 757 out there....

Quoting Drerx7 (Reply 11):
I'm sure they'd like to put a 767 back to LAX, MCO, SJU, SDQ, and possibly on the LAS runs.

I doubt it...Maybe I'm wrong here, but I'd wager they'd rather have them flying premium transatlantic flights than bringing tourists to LAS.
"Millions long for immortality who do not know what to do with themselves on a rainy Sunday afternoon"
 
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STT757
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:46 pm

Quoting PanAm_DC10 (Reply 14):
It is my understanding that CO currently have 7 firm 787 orders, 3 waiting to be firmed plus 5 Options.

CO's original 787 order was for 10 firm and five options, so far they have secured the financing for 7 of the firm 10 comitments with three pending.

I too wonder if these new orders for 10 additional 787s inlcude the conversion of their 5 options, it should be something along these lines.

20 firm and 5 options, or 20 firm orders.

The 737 order Im going to say are for 737-900ERs, they would be used to free up the 757-200s for more International expansion. They also might be used for flights to Hawaii from the West Coast and possibly IAH.
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BlueSky1976
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:52 pm

Does anyone here know what economy layout will CO have in their 787s? Are they going for 2-4-2 or 3-3-3?

Quoting Ikramerica (Reply 15):
CO already has outstanding 737 orders of 40. Not exactly sure what they will do with 74 737s unless they are planning on retiring the 733s?

737 Classics are gas guzzlers in comparison to the 737NG, so that wouldn't surprise me a bit. Then, once Yellowstone-1 comes online they could replace their early-built 737NGs and keep the younger ones.
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DAYflyer
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:53 pm

Excellent news! Way to go!
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ARGinLON
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RE: CO Orders 10 More 787s + 34 737s

Tue Jun 06, 2006 11:54 pm

Anything official from CO on this?
 
longhaulheavy
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:05 am

I really hope the 787 turns out to be a wonderful plane...because there are going to be a hell of a lot of them out there!
 
B777ER
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:29 am

Quoting AirFrnt (Reply 23):
Doubtfull. The American carriers are really starting to stick to the widebodies for international only trick. Even DL has moved all of their 767s (which used to do MCO - ATL) to international. UA still has some domestic wide bodies, but these are usually positiong flights between hubs to get ready for the international flights later in the day.

Wrong, very wrong. The DL sked is full of flights from MCO-ATL on 763's as well as 2 764's. This is DL's best route to utilize the aircraft btw intl runs. In fact the 764 I flew on Sunday came in from Frankfurt and then flew the ATL-MCO-ATL run. DL is planning on doing most intercontinental runs in the future with the 752 (ala the Song product meshed into the mainline). I don't think you will ever see a day that MCO loses the widebodies from DL. High pax demand, short flight equals high aircraft utilization.
 
DAYflyer
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:32 am

Quoting B777ER (Reply 33):
DL is planning on doing most intercontinental runs in the future with the 752 (ala the Song product meshed into the mainline).

Nice to hear the SONG product will be meshed into the mainline.
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rjpieces
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:35 am

Quoting B777ER (Reply 33):
Wrong, very wrong. The DL sked is full of flights from MCO-ATL on 763's as well as 2 764's. This is DL's best route to utilize the aircraft btw intl runs.

They even operate a 764 on JFK-MCO now...
"Millions long for immortality who do not know what to do with themselves on a rainy Sunday afternoon"
 
airfrnt
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:39 am

Quoting B777ER (Reply 33):

Wrong, very wrong. The DL sked is full of flights from MCO-ATL on 763's as well as 2 764's. This is DL's best route to utilize the aircraft btw intl runs. In fact the 764 I flew on Sunday came in from Frankfurt and then flew the ATL-MCO-ATL run. DL is planning on doing most intercontinental runs in the future with the 752 (ala the Song product meshed into the mainline). I don't think you will ever see a day that MCO loses the widebodies from DL. High pax demand, short flight equals high aircraft utilization.

I was told that by a V.P of Delta last week on a very full flight that DL intends to move everything widebody to international (he actually explicitly mentioned MCO). DL wants 40+% of their business to be international over the next two to three years. Take it up with him. Or look at how many more 767s are stacked up at E concourse or in maintainence at ATL.

The 752 (which are not widebodies) will continue to be used for MCO.
 
eraugrad02
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:41 am

i hope they get 900ER'S. They'd like these i bet no they could convert the other few -900 orders. Move 757s to international ops.
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rjpieces
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:44 am

Quoting AirFrnt (Reply 36):
I was told that by a V.P of Delta last week on a very full flight that DL intends to move everything widebody to international (he actually explicitly mentioned MCO). DL wants 40+% of their business to be international over the next two to three years. Take it up with him.

Even if they move every widebody to international service, there will still be a need for widebody turns on ATL-MCO. Not every widebody aircraft can be flying international at once. Those that aren't will make money on ATL-MCO rather than sitting around doing nothing.
"Millions long for immortality who do not know what to do with themselves on a rainy Sunday afternoon"
 
ARGinLON
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:45 am

 
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:46 am

Quoting Mush (Reply 21):
Interesting thought...Boeing can sell well over 1000 737RS to Texas airlines alone. (600 to Southwest, 300 to American, and 300 or so to CO)

In this category, WN has 457, AA has 581, and CO has 298. These numbers might be slightly out of date, but the general idea should still be right.
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cslusarc
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:46 am

--cslusarc from YWG
 
n1786b
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:47 am

Press release just issued.

No word on the version of the 737s ordered.

However they ordered 24 instead of the 34 mentioned this morning in the PI.

http://phx.corporate-ir.net/phoenix....l-newsArticle&ID=869284&highlight=



- n1786b
 
cle757
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RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:48 am

June 6, 2006


Employee Bulletin No. 7


CO today issued the following news release:


CONTINENTAL AIRLINES ORDERS

10 MORE BOEING 787s AND 24 MORE BOEING 737s

Airline gains flexibility to replace less efficient aircraft and continue successful growth



HOUSTON, June 6, 2006 – Continental Airlines (NYSE: CAL) today announced that it has ordered 10 additional Boeing 787 Dreamliner aircraft, bringing to 20 the total number of 787s the company has ordered from The Boeing Company and making Continental the largest U.S. customer for Boeing’s newest widebody aircraft.

In addition, the company will acquire 24 more Boeing Next-Generation 737 (737NG) aircraft, bringing the total number of Boeing 737NGs in its fleet to 213 when these aircraft, and pre-existing firm order 737NG aircraft, are delivered.

“These aircraft will give us the ability to seize long-haul market opportunities, remove less efficient aircraft from our fleet and maintain our role as a global network leader,” said Larry Kellner, Continental’s chairman and CEO. “We continue to target 5 to 7 percent annual growth in capacity. Our fleet plan remains flexible, permitting us to respond appropriately to market conditions.”

Working together with its valued business partners at Boeing, Continental has been acquiring modern, fuel-efficient aircraft over the past decade, giving the airline a natural fuel hedge and an advantage over its competitors. Since 1998, the company has improved fuel efficiency by nearly 25 percent per available seat mile as a result of several factors including fleet modernization, implementation of fuel-saving technology like winglets, and improved operating procedures.

787s Optimal for International Growth

The Boeing 787 is the optimal aircraft to support Continental’s strategy for continued international growth. With expanded range capabilities, unmatched fuel efficiency and superior operating economics, the 787s will allow the company to replace less efficient widebody aircraft, such as the company’s 767-200 aircraft, and target additional long-haul markets. The 787s will also give Continental the ability to offer more capacity on international routes that need larger aircraft to support traffic growth.

737NGs Provide Fleet Flexibility

One of the world’s most popular and reliable aircraft the Boeing 737NGs feature advanced technology for greater operational efficiencies. The 24 additional 737NGs, along with other 737NG aircraft already on order, will give Continental the flexibility to continue to grow while replacing older, less efficient 737 classic aircraft, such as the company’s 737-300 aircraft. Continental has arranged backstop financing for the additional 737NG aircraft.

Delivery Schedule

This new order will bring Continental’s firm commitments for new aircraft to 88 (20 Boeing 787s, two Boeing 777s and 66 Boeing 737s). The first of the 20 Boeing 787 aircraft is scheduled for delivery in 2009, and the first additional 737NG will be scheduled for delivery in 2008.

Well-Managed Fleet Plan

Since announcing its fleet modernization program a decade ago, Continental has reduced the number of airplane types in its fleet from nine to three and reached its goal of operating one of the most efficient fleets among U.S. airlines. More than 70 percent of its fleet consists of common-rated Boeing 737 series aircraft, which allow for greater efficiencies in pilot training, enhanced crew flexibility, increased savings from simplified maintenance and reduced spare parts inventory costs. The following chart lists the type and number of aircraft in Continental’s current fleet.

Aircraft type
No. in Fleet

777-200ER
18

767-400ER
16

767-200ER
10

757-300
17

757-200
41

737-900
12

737-800
99

737-700
36

737-500
63

737-300
48

Total
360















Winglets Provide Fuel Savings

Continental is installing winglets on its 757-200 and 737-700/-800 aircraft. Winglets, in combination with the company’s young, fuel-efficient fleet, provide a natural hedge against soaring fuel costs. Winglets reduce drag on an aircraft’s wings, increasing fuel efficiency by up to 5 percent. Continental has installed winglets on 126 Boeing 737 and 24 Boeing 757 aircraft.

A Decade of International Growth

With over $3 billion invested in its hub facilities at New York, Cleveland and Houston and a fleet plan that has been carefully managed over the last decade, Continental has positioned itself for successful growth. Last year, Continental completed one of the most aggressive international expansions in the company’s history, including first-ever nonstop service between its New York hub at Newark Liberty International Airport and Delhi, India; and Beijing, China. In May 2006, the company launched three more international routes between New York/Newark and Cologne, Germany; Barcelona, Spain; and Copenhagen, Denmark. The airline now serves more international destinations than any other U.S. airline, with more nonstop destinations to Europe from the New York area and more destinations in Mexico from the U.S. than any other carrier.

Continental Airlines, together with Continental Express and Continental Connection, has more than 3,200 daily departures throughout the Americas, Europe and Asia, serving 151 domestic and 137 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 42,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 61 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.

For the third consecutive year, in 2006, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its annual list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication’s 2006 America’s Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards, including “Best Airline Based in North America” for the third year in a row and “Best Executive/Business Class” for the fourth consecutive year. For more company information, visit continental.com.

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airmailer
Posts: 478
Joined: Thu Jun 01, 2006 4:28 am

RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:49 am

Quoting RJpieces (Reply 38):
Even if they move every widebody to international service, there will still be a need for widebody turns on ATL-MCO.

Or DL could just pick off a few of the key cities that send the most traffic to MCO and fly them direct instead of hubbing through ATL.
That would reduce the need for the 767 service between ATL-MCO and make the passengers that are now flying direct happier.
 
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STT757
Posts: 14045
Joined: Tue Mar 28, 2000 1:14 am

RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:53 am

Quote:
Continental previously ordered 10 787s, although apparently only seven of those have become firm orders.

All of the planes, including the order for the next 10, are the 787-8 model, which has a list price of $148 million to $157.5 million, although Continental would have received a substantial discount off that price.

They have 10 firm orders from 2004 of which they have financed 7, the other three are firm but not yet finalized on the financing.

This latest order brings CO's 787-800 firm orders to 20, with options for additional 787s.

CO 767-200s and 767-400s are 6 years old or younger, they will be around another 12-15 years at the least. These 20 787s will substantially grow CO's widebody fleet.

Airlines like AA, DL and UAL if and when they order 787s will need them to replace their 20+ year old 767s and A300s. So they need them more for fleet modernization than growth, CO is using them for pure growth.
Eastern Air lines flt # 701, EWR-MCO Boeing 757
 
ti717
Posts: 220
Joined: Sun Jul 30, 2000 11:33 am

RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:54 am

Quoting CLE757 (Reply 43):
and the first additional 737NG will be scheduled for delivery in 2008.

Does Not look to be a place holder for the RS but maybe a way to get rid of the 733 faster.

The new 787 looks to be a replacement of the 762 (one for one replacement down the road)

Ti717

[Edited 2006-06-06 17:57:28]
Sir, don't you think we should turn on the runway lights?" "No, that's just what there expecting us to do!"
 
rjpieces
Posts: 6849
Joined: Mon Nov 24, 2003 8:58 am

RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:57 am

Quoting AirMailer (Reply 44):
Or DL could just pick off a few of the key cities that send the most traffic to MCO and fly them direct instead of hubbing through ATL.

And throw away the hub they have spent years building? What you suggest makes sense in key business cities like NYC...But not MCO.

Quoting AirMailer (Reply 44):
That would reduce the need for the 767 service between ATL-MCO and make the passengers that are now flying direct happier.

It simply makes sense to have 767s that are sitting around between international runs do ATL-MCO-ATL turns. Delta has traditionally been a very heavy lifter on Florida service. There are always plenty of people heading to MCO and FLL. It's not like they are choosing to fly ATL-MCO-ATL instead of flying ATL-STR, etc.
"Millions long for immortality who do not know what to do with themselves on a rainy Sunday afternoon"
 
worldsurfer
Posts: 117
Joined: Tue Jun 06, 2006 6:36 am

RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 12:57 am

I believe that they have now increased their 767 traffic between EWR-IAH to
3 a day after the CO51 EWR-IAH-EZE flight was added.
Also a couple of months ago i was on a 762 from IAH-LAX , i think this was one of planes they use for the LAX-HNL flights that may have gone to IAH for maintenance.
 
atlflyer
Posts: 704
Joined: Wed Jan 11, 2006 11:13 am

RE: CO Orders 10 More 787s + 34 737s

Wed Jun 07, 2006 1:04 am

It doesn't say in Continental's press release, not that I saw, whether the orders were for the 787-8 or 787-9. It did say that the 787s would replace the 767-200s--so let's hope for 8-abreast economy seating!

Great to see Continental ordering new planes!

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