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

Spectrum Aeromed equips Redstar Aviation's new Bombardier Learjet 45XR

Spectrum Aeromed has announced this week that the company was selected to equip Turkey, based Redstar Aviation's new Bombardier Learjet 45XR with new air ambulance equipment.

EAG to introduce healthier Weqaya-approved meal options to its staff

Etihad Aviation Group (EAG) will introduce healthier Weqaya-approved meal options to its staff restaurants after signing an agreement with The Health Authority - Abu Dhabi (HAAD).

It's all go for Go Aviation Middle East

Go Aviation Middle East arrived in Dubai from the US in 2013 providing its full service aircraft appearance and aviation services to region.

Jet Aviation Dubai joins ACJ service centre network

Jet Aviation's maintenance, repair and overhaul (MRO) facilities in Dubai are to join the ACJ Service Centre network, adding to the choice of Airbus-approved facilities around the world for ACJ customers and operators.

Vega launcher successfully completes eighth mission

The Vega launcher has successfully completed its eighth mission correctly positioning into orbit the Turkish satellite GÖKTÜRK-1, at an altitude of approximately 700 kilometres.

Lufthansa Technik and DC Aviation Group perform first A-Check in Dubai

Based on a cooperation agreement from May 2016, Lufthansa Technik and DC Aviation Group have recently performed a first A-check for a narrowbody aircraft at Al Maktoum International Airport (Dubai World Central Airport) in

TAA SK 12MTHS16
See us at
World_Space_Congress_BT21JN23N16_Arabian_AerospaceAviation Africa 2017 BT 23F17MRO2017_BT1089217AIME2017 BT 2579217