Here are salient excerpts from the FT article …
Due to the following FT copyright restriction I can only share some excerpts from the article “Southwest warns on switch to Airbus” FT http://www.ft.com/cms/s/0/c9ebe8c4-24d7-11e0-a919-00144feab49a.html#axzz1BnhyRZOc
Copyright The Financial Times Limited 2011. You may share using our article tools. Please don’t cut articles from FT.com and redistribute by email or post to the web.
Southwest warns on switch to Airbus
By Jeremy Lemer in New York
Published: January 20 2011 22:30 | Last updated: January 20 2011 22:30
Southwest Airlines would consider buying Airbus aircraft for the first time if Boeing chooses not to develop a more fuel-efficient version of its leading single-aisle jet, the chief executive of the low-cost carrier has implied…………For Boeing, the dilemma is whether to introduce an “interim” model or to skip the round entirely by developing a completely new single aisle aircraft.
Gary Kelly, Southwest chief executive, said on Thursday that Boeing had indicated it would decide in mid-2011.
“Based on what they tell us I think we will have to evaluate our options like any business people,” Mr Kelly told investors. “If they told us we will not see a more fuel-efficient 737 for 20 years that would probably cause us to do something.”……………………
Copyright The Financial Times Limited 2011. You may share using our article tools. Please don’t cut articles from FT.com and redistribute by email or post to the web.
It’s quite clear that this report is currently unique to the FT. There is nothing but good financial news on the Southwest Airlines own web site. And I have so far not found anything else on the same theme anywhere else.
From the quotes above Gary Kelly at Southwest is unlikely to move away from Boeing in a hurry, but appears while in a position of financial strength to be evaluating strategy.
How boring of her though – mile high romance……
Well I have seen this happen before on a QF flight between MEL and PER. The girl said no to him….and he didn’t have anywhere to go after that. Was a little awkward for the rest of us.
Hi KabirT
How boring of her though – mile high romance…… and all that jazz.;)
The poor bloke did not have a ‘parachute’:D
This is ‘chicken feed’ in comparison to the Chinese order but it’s still 2 more..
This is ‘chicken feed’ in comparison to the Chinese order but it’s still 2 more Boeing 777-300ERs in the ‘bag’.;)
American Airlines becomes the first U.S. airline to order the 777-300ER
http://boeing.mediaroom.com/index.php?s=43&item=1586
It all adds up in the long run for Boeing.:D
Moderator please merge I missed seeing Andy’s post on the same topic already – apologies.
Jay
Now there’s a whole new twist to the saying ‘a free lunch’
No wonder Barack-O invited Hu to the Whitehouse for a free lunch :diablo:
Hi 27vet
Now there’s a whole new twist to the saying ‘a free lunch’.- which I like.;)
Even at the cost of a White House lunch for a state visit by a foreign head of state, weighed against the 200 Boeing aircraft it’s a drop in the China Sea.:D
And here’s the URL for the official Boeing news release –
http://boeing.mediaroom.com/index.php?s=43&item=1587
Thank goodness RAF Leuchars is saved by the Eurofighters replacements
Thank goodness RAF Leuchars is saved by the Eurofighter replacements of the Tornados.
Otherwise no annual Airshow either. I’d sure miss that.
More industry with longevity is what Scotland needs to make a real comeback and the Welsh are continuously showing a lead with Nationalism staying on the ‘rails’ rather than derailing badly.
Boeing is a historic name the aeronautics world respect …
Boeing is a historic name the aeronautics world respect … the pic in the URL shows history being re-created.
http://www.wired.com/autopia/2010/05/boeings-newest-and-oldest-airliners-fly-together/
This does not decry anything being done by EADs / Airbus (relatively new in comparison) but there are many many fans of Boeing (including myself) posting in this forum, who do not wish the ‘giant’ any harm.
Having said that I fly on Airbus aircraft without any qualms.
Excellent for Wales in contrast to Scotland losing RAF bases
Excellent for Wales in contrast to Scotland losing RAF bases and most aircraft related industries.
Wonder if the soon forthcoming Scottish election will return some ‘politicians’ to Holyrood who may recognise the need to nurture industries with longevity, rather than purely ‘fight’ with the South or blame Westminster?
The FT’s take on it – Boeing pushes back Dreamliner delivery
Boeing pushes back Dreamliner delivery
http://link.ft.com/r/IOCBMM/5CU2AI/KJ98T/M970OY/NS23X5/JY/h?a1=2011&a2=1&a3=19
US aircraft maker delays the arrival date of its long-overdue, next-generation 787 passenger jet by at least another six months………….
Interesting how journalists recently seem to be using these words “next-generation” for many aircraft news items.
I share your optimism
I reckon Q3 2011 might just happen, all being well.
What else has Boeing to do? It can’t be that much now.
Hi Mr Totty
I share your optimism.
As a technical enthusiast and Boeing fan (civil and military) I am also very keen to see it in the ‘flesh’ (missed it at Farnborough 2010) and if affordable to fly in it, hopefully in a configuration powered by RR Trent 1000s.
Liked the subtitles – may in fact illustrate the weakest link …
Hi Andy
Liked the subtitles in the video – may in fact illustrate the weakest link … the wide and varied vital supply chain.
Especially during an economic recession this makes assuring quality a complete nightmare. All the variables come into it, cultures, languages, integrity, consistency in quality, customer loyalty, and added cost of additional QA at Boeing, just to list a few.
Having in the past tested vital software for giant corporations including Boeing and the defence industry, new software always poses new problems that are completely unforeseen. Testing and optimisation of such vital software usually continues long after release 1 (or ideally should) for years.
All this makes a brand new pioneering aircraft design coming to safe fruition a very arduous project.
I still believe that Boeing will do it sooner than 2013 unless there is an as yet unforeseen and catastrophic failure during future testing.
Does anyone have any recent news of the Trent 1000 situation and Rolls Royce testing programme?
Sure something unforeseen in the test program may show up but 2013 ???
i bet it changes to 2013 at earliest.
Tommyinyork
Sure something unforeseen in the test program may show up but 2013 ????
Is it your negative wish or have you some ‘super inside info’ about the likely further delay to 2013?
I prefer to stay optimistic that a safe ‘plastic pig’ will take to the skies with a launch customer as soon as it receives full certification and hopefully much, much sooner than 2013.
Here is Boeing’s official release
Boeing sets 787 first delivery for Third Quarter
http://boeing.mediaroom.com/index.php?s=43&item=1584
EVERETT, Wash., Jan. 18, 2011 /PRNewswire/ — Boeing (NYSE: BA) announced today that it expects delivery of the first 787 Dreamliner in the third quarter of this year. The new delivery date reflects the impact of an in-flight incident during testing last November and includes the time required to produce, install and test updated software and new electrical power distribution panels in the flight test and production airplanes.
“This revised timeline for first delivery accommodates the work we believe remains to be done to complete testing and certification of the 787,” said Scott Fancher, vice president and general manager of the 787 program. “We’ve also restored some margin in the schedule to allow for any additional time that may be needed to complete certification activities,” Fancher said.
The 787 program has been gradually returning individual airplanes to the flight test program. After receiving interim software and hardware improvements, four flight test airplanes have been subjected to extensive ground testing and a thorough review to ensure their readiness to return to flight. The remaining two airplanes will be returning to flight in the days ahead to bring the full flight test fleet back up to flight status.
The revised first delivery date is not expected to have a material impact on 2010 financial results. Financial guidance and anticipated initial 787 deliveries for 2011 will be discussed in the company’s earnings call on Jan. 26.
Forward-Looking Statements
Certain statements in this report may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “targets,” “anticipates,” and similar expressions are used to identify these forward-looking statements. Forward-looking statements are based upon assumptions about future events that may not prove to be accurate. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak to events only as of the date they are made and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, statements we make regarding our guidance relating to future financial and operating performance, the effect of economic conditions in the United States and globally, and general industry conditions as they may impact us or our customers, as well as the other important factors disclosed previously and from time to time in our other filings with the Securities and Exchange Commission.
Contact:
Lori Gunter
787 Communications
+1 206-931-5919
SOURCE Boeing
Wonder what the wildlife thought of the reverse thrust ?
Love the overhead pic of it down the slope!
Andy
Hi Andy
Wonder what the wildlife thought of the reverse thrust ?
Thanks for sharing.
Not a great way to ‘park’ following a 3 point turn 😉
I simply boycott scumbag MOL’s airline
I simply boycott scumbag MOL’s airline
There is no LCC cost saving when you weigh up all the actual eventual hassle and expense to avoid not being carried or worse punishments MOL’s staff can/may inflict.
If everyone resolved to boycott the scumbag airline then he will have to possibly re think his strategy.
Looks good in press releases but let’s wait on the actual deliveries
wow! while Sukhoi superjet, Mitsubishi MRJ, and Bomberhead C series are fighting for orders of French Fries, here comes a big combo of a meal from Indigo whose sole order eclipses most of those guys!
I guess Airbus and maybe Boeing won’t give up the regional market with out a fight. I just hope that within the battle of these two big giants, that the little guys S&M, and Bomb, can put a dent in the market
!
Hi Hotdog
Looks good in press releases but let’s wait on the actual deliveries
The order from the 2005 Paris Air Show as yet haven’t been delivered. Fleet at Indigo still showing 34 + 5 leased a/c.
The new order (MOU only) is supposed to apply to from 2016 and 2025. Long time yet.
Some may not actually be purchased or delivered – it will depend on growth in the geographical sector.