It should be a great quarter for Boeing. Lots of deliveries and a very profitable mix.
Tanker continues to fly test flights this week...
From GizMag: Boeing has announced that the first satellite with all-electric propulsion is now fully operational. Launched last March, the ABS-3A 702SP (small platform) satellite was formally handed over to its owner, Bermuda-based telecommunications company ABS, on August 31. It will provide communications services to the Americas, Europe, the Middle East, and Africa.
The answer may be obvious once we see who gets the leases.
For awhile now, they seem to bunch deliveries together, especially when a customer is taking more than one plane or type of plane, so it may be normal. They do have a number of 747's ready and one is flying today (sunday) so the week ahead may see some increased delivery activity.
Looks like week 2 has only shown 6 deliveries for a total of 20 in the first two weeks. They need to get those delivery gates open.
I suspect this has nothing to do with ex-im bank/congress. Since china already builds many of the plane major parts and BA has been dealing with China for a long time, I think this was already in the works. The ex-im issue just gives them a way to keep the heat off the company while they do it.
I think the ex-im bank will be resolved and then they will have to own up to the decision to build there.
China does have a large share of the orders for planes for some time to come.
Week 2 is drawing to a close with only 3 deliveries so far. This is after a stellar week one delivered 14 planes in the first 4 days of the month. There have been a lot of test flights so the tarmac is filling up. One bright item was a 55M dollar contract awarded Thursday for F18 program.
from product design and development:
Boeing’s all-electric propulsion satellite has come online ahead of schedule. The ABS-3A, the first all-electric propulsion satellite, expands satellite communication services across the Americas, Europe, the Middle East, and Africa. Boeing built the satellite for Bermuda-based customer ABS, a satellite operator which provides a variety of services including cellular, internet, satellite-to-home, and satellite-to-cable. The ABS-3A was one of a pair of 702SP (small platform) satellites, both launched in March. Its all-electric drive draws its power from a xenon-ion propulsion system, using the inert, non-hazardous element xenon. With such a stable element, its lifespan can be extended beyond the expected 15-year spacecraft design life.
Boeing said it would lift the production rate to 2.5 a month from two a month starting in the fourth quarter of 2017. The company makes 1.5 a month currently and is due to reach two a month in the first quarter of 2016.
NEW YORK (Reuters) - Boeing Co (BA.N) said on Wednesday that it will push production of its 767 aircraft up by 25 percent in 2017 to help fill a historic order for 50 planes from FedEx Corp (FDX.N).
"We are confident the market will support a long-term future for the 767," Brad Zaback, vice president and general manager, said in an internal memo seen by Reuters.
The backlog of 767 orders reaches into the mid-2020s, he said, and will result in a small increase in employees in 2017
PHILADELPHIA, Sept. 9, 2015 – Boeing [NYSE: BA] delivered the seventh CH-47F Chinook to the Australian Army on budget August 10th, three weeks ahead of schedule, supporting modernization of Australia’s cargo helicopter fleet and eventually replacing the Commonwealth’s six older CH-47D Chinooks. The seven advanced Chinooks were ordered as part of a U.S. Government Foreign Military Sales agreement with Australia in 2012.
BA can exceed the 2015 low end target by delivering 62 planes a month for the next 4 months.
They can exceed the high end target by delivering 63 a month.
Barring some unusual event, they should beat the high end.
SINGAPORE (Reuters) - Airbus said on Tuesday its defence division would NOT bid for a Japanese air-to-air refuelling tanker aircraft deal estimated to be worth over a billion dollars because the terms of the tender favoured its U.S. rival Boeing Co .
Japan's government had said in June that it wants four tankers to supplement its existing four Boeing 767-based tankers. On Tuesday, a Japanese Ministry of Defense spokeswoman confirmed that a request for proposals (RFP) has been issued, but was unable to provide any other details or respond to the Airbus decision. In a statement, Airbus said the RFP allowed Japan to buy tankers under the U.S. government's foreign military sale mechanism, which involves the two governments negotiating the contract directly.
This mechanism, Airbus said, did not allow for a fair price comparison between its A330-based multi-role tanker transport or MRTT and similar offerings from rival firms.
according to the NYC787 site 3 have been delivered in September and 9 more are scheduled to deliver before month end.
The 2 787's for Kenya are ready for delivery and are scheduled for Oct. 1 delivery.
15 more are scheduled for delivery by October end,