Subscribe Free
in Air Transport

Jet Airways orders 50 Boeing 737 Max planes

Posted 5 August 2013 · Add Comment

Boeing has booked its first order for the fuel efficient 737 Max aircraft from India following Jet Airways's decision to acquire 50 planes of the type, reports Business Standard.

 

Analyst Saj Ahmad commented on the order: “Kuwait Airways has recently been in the press, procrastinating over swapping its recent Airbus order with Boeing, but with both OEMs heavily sold out on new generation A350 and 787 jets well into the next decade, it's no surprise that they are seeking capacity from the likes of Jet Airways who are trimming their A330 fleet. The real issue for Kuwait Airways though is that they should not be wasting money on leasing jets.
 
“They had a deal back in 2007 to take all the 787s that ALAFCO ordered initially (12) when ALAFCO topped up its 787 order with ten further jets. Had they stuck to that plan, Kuwait Airways could well have been flying 787s today, if not very soon. And if they do buy Boeing, unless they can find a lessor ready to give them 787s before 2018, it would be a miracle.”
 
Ahmad concludes: “It is possible Kuwait Airways could get the bigger 777-300ER faster now that Boeing is producing almost 100 a year - however, this is a very poor performing airline - we probably know less than even they do at this stage. They're so far behind their GCC rivals that without state support, they'd have probably folded by now if left to their own devices - and pussyfooting around order decisions like these, first buying Boeing via ALAFCO, then committing to Airbus and then entertaining Boeing again - all this time, their fleet ages, costs rise and they're no closer to any new jets arriving.”

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Airbus releases half-year 2016 results

Airbus has announced its half-year 2016 results, and has confirmed its guidance for the remaining half of the year.

UAE students head for Senior Space School UK

The UAE Space Agency announced today that it is sponsoring a group of UAE students to the Senior Space School UK programme, run by the physics department at the University of Leicester.

Avtrade signs new repair management contract with cargo airline in Turkey

Avtrade has announced the expansion of its Euro Asian frontiers with the signature of a new repair management contract with a leading cargo airline based at Istanbul Atatürk International.

Lufthansa Technik launches laser-based installation system

Lufthansa Technik has launched a laser-based system to aid installation in VIP aircraft cabins.

Etihad Airways opens Premium Lounge at Los Angeles International Airport

Etihad Airways has today officially opened its new First and Business Class Lounge within the Tom Bradley International Terminal at Los Angeles International Airport (LAX).

Saudi Arabia to reveal regional initiatives to boost air safety and security

Saudi Arabia has said it will reveal regional initiatives to boost air safety and security during the Global Aviation Ministerial Summit that will be held in Riyadh on August 29-31, 2016, reports aawsat.com.

Helitech SK017011116 Arabian Aerospace
See us at
GMA_BT20731816_Arabian_AerospaceIstanbul Airshow BT 2016AIME2017 BT 2579217World_Space_Congress_BT21JN23N16_Arabian_AerospaceAeropodium BT276141116 Arabian AerospaceAviation Africa 2017 BT 23F17