New Boeing 777x
2021年6月20日Register here: http://gg.gg/v2jyl
*New Boeing 777x Test Flight
*Boeing New 777x World Completes Maiden
Boeing cut its backlog of 777X jets by more than a third after the aerospace giant announced fresh delays to its newest plane’s debut, according to a new securities filing. The Chicago-based. Video At last, big new Boeing 777X takes flight from Paine Field. The plane flew for the first time Saturday. “All flight controls are good, very solid,” one of the pilots reported. However, Seeking Alpha says a new Morgan Stanley report says Boeing is ready for lift-off after its Q4 write-off described as a “kitchen sink” event that de-risks earnings estimates and provides “a clear runway for Boeing for further upside.” The Boeing 777X once described by Emirates President Tim Clark as a peach has a rosy future. Boeing at risk of losing a third of new 777X aircraft orders due to delays: Report Wide-body jets such as the Boeing 777X, Boeing 787 Dreamliner.
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Emirates is reconsidering its commitment to Boeing’s newest jet, the 777X. The Dubai-based carrier is considering swapping as much as one-third of its order of the 777X for the smaller Boeing 787 Dreamliner, according to a person familiar with the matter.
As first reported by Bloomberg, Emirates is looking to swap between 30 and 45 of its 115 777X orders for Dreamliners. The move would be a troubling one for Boeing and its 777X programme, as Emirates is the largest customer of the yet-to-be-launched aircraft.
Emirates’ move isn’t the first of its kind. Boeing indicated on Monday that it’s at risk of losing nearly 40% of its 777X orders because of delays. With the 777X now slated to debut in 2023 — more than two years later than previously expected — customers are permitted to walk away from their contracts.
Related:All about the new Boeing 777X
This week, Boeing lowered the backlog of the 777X to just 191 aircraft, according to a regulatory filing. That number, much lower than the 309 firm orders that are listed on the planemaker’s site. Boeing said in an email that the drop is the result of an accounting standard that requires sales at risk of not happening to be removed from the backlog.
In its fourth-quarter earnings call, Boeing detailed that it had taken a $6.5 billion charge for delays to the 777X. The delay could bring additional losses to Boeing when it considers cancellations, production cuts and flight-testing risks.
Emirates, which was one of the first 777X customers, declined to comment on the report that it’s looking to drop some of its 777X order in favour of the 787 Dreamliner.
As the coronavirus pandemic continues to set back the aviation industry, airlines have largely set aside their long-haul routes. As such, the demand for wide-body, twin-aisle planes has decreased — including for the future of the 777X, which is set to be the heir to the superjumbo Boeing 747. Orders for wide-body aircraft with both Boeing and Airbus are expected to be the last to recover from the pandemic-spurred drop in demand. Boeing has already said that it’s cut the output of its Dreamliners.
“The decline in backlog in the fourth quarter reflected aircraft order cancellations and removal of aircraft orders from our backlog due to the ASC 606 accounting standard, including our most recent assessment of 777X backlog due to the revised schedule,” Boeing Chief Financial Officer Greg Smith said on a call with analysts last month.New Boeing 777x Test Flight
Boeing saw a similar slump in orders for the 737 MAX aircraft following its nearly two-year worldwide grounding. More than 1,100 orders for the plane were removed from Boeing’s backlog of the 737 Max.
Related:Boeing’s bad quarter: Company delays 777X, 737 MAX timeline as COVID hits business
In its fourth-quarter earnings report, Boeing posted a record net loss of nearly $12 billion. The two-pronged dagger to Boeing consisted of the ongoing effects of the beleaguered 737 MAX, as well as the COVID-19-spurred downturn in demand.
“I’m sure glad 2020 is in the rearview mirror,” Boeing CEO Dave Calhoun told CNBC.
Featured photo by Zach Wichter/The Points Guy 5 dragon slot.
Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.
Boeing has successfully completed the first flight of the world’s largest twin-engine jetliner - a respite from the ongoing controversy surrounding the 737 MAX.
It took three attempts to get the 777X off the ground, as the first two planned tests were abandoned owing to high winds.
The plane - which is 77m (252ft) long and can seat more than 400 passengers - took off from a runway just outside Seattle on the US west coast.
Four hours later, it landed at the historic Boeing Field, not far from rows of 737 MAX planes left grounded after two fatal crashes triggered safety concerns.
The new Boeing model, which will be officially known as the 777-9, also boasts folding wingtips that mean it can fit its wings into the same parking bays as other jets.Advertisement
Following the successful maiden voyage, Boeing executive Stan Deal said: ’It’s a proud day for us. It made all of our employees proud one more time of who we are and what we get to do, by flying a brand-new aeroplane that is going to change the world one more time.’
Boeing’s new 777X is expected to enter service in 2021 - with development issues meaning this is a year later than planned. Each plane is worth an estimated $442m (£338m).More from Boeing
More than 300 of the planes have already been sold, and the jet is expected to compete with the A350-1000, a new offering by rival Airbus.
Regulatory hurdles do lie ahead for the 777X, which will be the first major aircraft to be certified since the role of software flaws in two fatal 737 MAX crashes emerged.
The Federal Aviation Administration has vowed that rigorous testing will be conducted before the plane is allowed to carry passengers - while Emirates, one of Boeing’s clients, has said the plane should be put through ’hell on Earth’ to ensure it is safe and performs properly.Boeing New 777x World Completes Maiden
Boeing’s chief test pilot Craig Bomben, who served as a co-pilot for Saturday’s flight, said: ’We took the time to get the aeroplane ready for flight test so I think we are going to march through flight tests successfully and quickly and get it certified to the FAA standards.’
Register here: http://gg.gg/v2jyl
https://diarynote.indered.space
*New Boeing 777x Test Flight
*Boeing New 777x World Completes Maiden
Boeing cut its backlog of 777X jets by more than a third after the aerospace giant announced fresh delays to its newest plane’s debut, according to a new securities filing. The Chicago-based. Video At last, big new Boeing 777X takes flight from Paine Field. The plane flew for the first time Saturday. “All flight controls are good, very solid,” one of the pilots reported. However, Seeking Alpha says a new Morgan Stanley report says Boeing is ready for lift-off after its Q4 write-off described as a “kitchen sink” event that de-risks earnings estimates and provides “a clear runway for Boeing for further upside.” The Boeing 777X once described by Emirates President Tim Clark as a peach has a rosy future. Boeing at risk of losing a third of new 777X aircraft orders due to delays: Report Wide-body jets such as the Boeing 777X, Boeing 787 Dreamliner.
This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.
Emirates is reconsidering its commitment to Boeing’s newest jet, the 777X. The Dubai-based carrier is considering swapping as much as one-third of its order of the 777X for the smaller Boeing 787 Dreamliner, according to a person familiar with the matter.
As first reported by Bloomberg, Emirates is looking to swap between 30 and 45 of its 115 777X orders for Dreamliners. The move would be a troubling one for Boeing and its 777X programme, as Emirates is the largest customer of the yet-to-be-launched aircraft.
Emirates’ move isn’t the first of its kind. Boeing indicated on Monday that it’s at risk of losing nearly 40% of its 777X orders because of delays. With the 777X now slated to debut in 2023 — more than two years later than previously expected — customers are permitted to walk away from their contracts.
Related:All about the new Boeing 777X
This week, Boeing lowered the backlog of the 777X to just 191 aircraft, according to a regulatory filing. That number, much lower than the 309 firm orders that are listed on the planemaker’s site. Boeing said in an email that the drop is the result of an accounting standard that requires sales at risk of not happening to be removed from the backlog.
In its fourth-quarter earnings call, Boeing detailed that it had taken a $6.5 billion charge for delays to the 777X. The delay could bring additional losses to Boeing when it considers cancellations, production cuts and flight-testing risks.
Emirates, which was one of the first 777X customers, declined to comment on the report that it’s looking to drop some of its 777X order in favour of the 787 Dreamliner.
As the coronavirus pandemic continues to set back the aviation industry, airlines have largely set aside their long-haul routes. As such, the demand for wide-body, twin-aisle planes has decreased — including for the future of the 777X, which is set to be the heir to the superjumbo Boeing 747. Orders for wide-body aircraft with both Boeing and Airbus are expected to be the last to recover from the pandemic-spurred drop in demand. Boeing has already said that it’s cut the output of its Dreamliners.
“The decline in backlog in the fourth quarter reflected aircraft order cancellations and removal of aircraft orders from our backlog due to the ASC 606 accounting standard, including our most recent assessment of 777X backlog due to the revised schedule,” Boeing Chief Financial Officer Greg Smith said on a call with analysts last month.New Boeing 777x Test Flight
Boeing saw a similar slump in orders for the 737 MAX aircraft following its nearly two-year worldwide grounding. More than 1,100 orders for the plane were removed from Boeing’s backlog of the 737 Max.
Related:Boeing’s bad quarter: Company delays 777X, 737 MAX timeline as COVID hits business
In its fourth-quarter earnings report, Boeing posted a record net loss of nearly $12 billion. The two-pronged dagger to Boeing consisted of the ongoing effects of the beleaguered 737 MAX, as well as the COVID-19-spurred downturn in demand.
“I’m sure glad 2020 is in the rearview mirror,” Boeing CEO Dave Calhoun told CNBC.
Featured photo by Zach Wichter/The Points Guy 5 dragon slot.
Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.
Boeing has successfully completed the first flight of the world’s largest twin-engine jetliner - a respite from the ongoing controversy surrounding the 737 MAX.
It took three attempts to get the 777X off the ground, as the first two planned tests were abandoned owing to high winds.
The plane - which is 77m (252ft) long and can seat more than 400 passengers - took off from a runway just outside Seattle on the US west coast.
Four hours later, it landed at the historic Boeing Field, not far from rows of 737 MAX planes left grounded after two fatal crashes triggered safety concerns.
The new Boeing model, which will be officially known as the 777-9, also boasts folding wingtips that mean it can fit its wings into the same parking bays as other jets.Advertisement
Following the successful maiden voyage, Boeing executive Stan Deal said: ’It’s a proud day for us. It made all of our employees proud one more time of who we are and what we get to do, by flying a brand-new aeroplane that is going to change the world one more time.’
Boeing’s new 777X is expected to enter service in 2021 - with development issues meaning this is a year later than planned. Each plane is worth an estimated $442m (£338m).More from Boeing
More than 300 of the planes have already been sold, and the jet is expected to compete with the A350-1000, a new offering by rival Airbus.
Regulatory hurdles do lie ahead for the 777X, which will be the first major aircraft to be certified since the role of software flaws in two fatal 737 MAX crashes emerged.
The Federal Aviation Administration has vowed that rigorous testing will be conducted before the plane is allowed to carry passengers - while Emirates, one of Boeing’s clients, has said the plane should be put through ’hell on Earth’ to ensure it is safe and performs properly.Boeing New 777x World Completes Maiden
Boeing’s chief test pilot Craig Bomben, who served as a co-pilot for Saturday’s flight, said: ’We took the time to get the aeroplane ready for flight test so I think we are going to march through flight tests successfully and quickly and get it certified to the FAA standards.’
Register here: http://gg.gg/v2jyl
https://diarynote.indered.space
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