In a surprise, Norwegian Air Shuttle split a large order between Airbus and Boeing for A320 and 737 families. The Airbus order is only for the NEO and 737 order is a mix of MAX and NGs.
We expected only the 737 order; we had previously reported NAS was one of the “commitments” for the MAX.
This represents the third all-Boeing customer Airbus has won for its NEO.
NEO deliveries will begin in 2016, equipped with the PW GTF. Engine selection for later deliveries remains open. The GTF enters service on NEO in 2015 and the NEO CFM Leap engine enters service a year later.
Categories: Airbus, Boeing, CFM, Pratt & Whitney
Tags: 737MAX, 737NG, A320NEO, Airbus, Boeing, CFM, GTF, LEAP, Pratt & Whitney
Boeing reported its earnings for 2011 and its estimates for 2012, including delivery estimates for the 787–which were surprisingly low.
Boeing forecast 70-85 787/747 deliveries this year, with half (35-44) being 787s. This is will below Wall Street consensus, though David Strauss at UBS predicted 40. We find this a stunningly low number that doesn’t reflect well on either production ramp up or fixing the rework necessary for the more than three dozen 787s at Everett.
Boeing’s own Z24 production plan for this year had a production rate of 45 787s.
We are, as the Brits say, gobsmacked by this information. (Update, 0800 PST: In Q&A, McNerney says 787 deliveries affected by large number of change incorporation required.)
From the conference call:
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