Boeing To loose another All Boeing customer , how is that cheap outsourcing working for you Now CEO!
TOKYO (Reuters) - Japan Airlines Co may buy about 20 A350 jets from Airbus for around 400 billion yen ($4.23 billion), the Nikkei daily reported on Sunday, a move that would reduce its reliance on Boeing .
The Japanese carrier is considering using A350-1000 jets on flights to Europe and the United States to replace its Boeing 777 jets, and is set to make a final decision on the purchase by around June, the newspaper said, without citing sources.
Japan Airlines and Airbus could not be immediately reached for comment.
The deal for the 350-seater planes would be the first with the European aircraft maker and includes a simulation facility for pilot training.
Japan Airlines is set to retire its lone McDonnell Douglas MD-90 jet after a final flight on March 30, leaving it with a fleet of more than 100 aircraft, all manufactured by Boeing, the report said.
The carrier's seven Boeing 787 Dreamliner jets have been grounded since mid-January after problems with its lithium-ion battery.
IN financial related update, Boeing stock price has gained only 16% gain in three years , Boeing is one of the Dow Jones Stocks , the Dow Jones average is up 33% in 3 years, Airbus stock price has gained 162% in the last 3 years but it gets worse fore Boeing investors. The outsourcd 787 is 3 years late 33 billion over budget and the control and understaning of why the failure of the 787 has taken place is in the hands of the cheap contractors.They engineered and produced the parts. The Boeing investor has to pay like an insurer for any failurre on the contractors' performance. However the Boeing CEO is not worried, he gave himself a 20% performance Bonus on the stockholders investment !BA stock price gain YTDis up 12% while Airbus stock price gain YTD 35% . , Japan which was as a country for decades a 100% Boeing customer and a parts supplier is going with Airbus planes due to the failure of Chicago Management team So how's that outsourcing working for you now !