FAP Turbo

Make Over 90% Winning Trades Now!

Sunday, October 11, 2009

Boeing Fails To Bring In Orders At The Paris Air Show

By Jennifer McClelland

With the Air France disaster still very fresh in everyone?s minds, particularly those in Paris (where many of the fatalities were from), the Paris Air Show wasn?t the same display it typically is. With it being the 100th anniversary of the exhibition, it looks that the catastrophe of Air France Flight 447 is nevertheless weighing forcefully on airlines.

At the opening day of the Air Show, Boeing didn?t obtain one lone purchase and its main competition Airbus was only capable to obtain just one sell from Qatar Airways for 27 airplanes.

The purchase from Airbus for the 24 A320 single aisle airplanes is worth $1.9 billion, well that?s the list cost anyway. Typically airlines, particularly given the global economic condition, are able to haggle down the price to a much more sensible level.

The big champion of the day was being Canada?s Bombardier airliner. The Canadian aircraft maker announced that it had 35 offers for its CRJ100 airplanes accessible by Air Nostrum, the agreement is worth $1.75 billion. Bombardier are usually smaller planes and don?t travel the immense distances that Airbus and Boeing airplanes do.

Boeing has been having a tricky time selling their wares considering the lack of commercial flying and even weakening military sales. If you look at commercial flight inside the United States, the majority of flights are on smaller regional jets like the Bombardiers now. When I booked a flight from Memphis to Washington D.C., I was only able to fly on smaller regional jets versus just a couple years previously when the same trip could have been booked on a Boeing 727 or Airbus.

Boeing did try to enliven the mood regarding its sales however:

?At this time it appears to us that the economic situation have bottomed. If they have bottomed and a upturn occurs next year, I think we have a attempt at getting through,? said Scott Carson, president and CEO of Boeing?s marketable division.

Hopefully things will recover for the Chicago located company, or possibly it is time for them to start producing the smaller airplanes that appear to be selling better. - 23162

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home