My Blog List

Wednesday, September 6, 2017

The 747-8i Is Putting Up A Good Fight To Stay Alive

If Turkish Airline does agree to buy 8 747-8i for its fleet then Boeing will have outsold the A-380 over the last years. Since 2015 Airbus has netted 0 A-380-800's. It holds an over-all lead over Boeing with an order book count of 317 units sold. Boeing has only booked 132 of its freight and passenger 747-8's.

The recent Air Force One deal picked up a canceled order after a Russian airline abandoned its order due to bankruptcy. The White House talked to Boeing and secured two undelivered but complete flying copies of the 747-8i, taking the Russian airline purchase position after its bankruptcy.

The 747 doesn't have any more low hanging fruit for its sales team and are down to niche buyers and the freight business. A Turkish Airlines deal would be an emergency room Defibrillation jolt. Boeing is going to give them a "deal it can't refuse". Its just a matter of paperwork and financing before it is announced. Turkish Airline is negotiating at this time, and a deal will fall through if it is asking too much from Boeing.

The airline is trying to consolidate trip frequency going from three a day down to two a day frequency on some routes. The 747-8i would fill this slot well. Turkey would also inquire about 777 units but it may not best serve its niche as well as the 747-8i would.  Buying used 747-400's may require extensive renovations before bringing an aircraft up to a passenger standard and would not be as efficient as the 787-8i at all. Especially, if Boeing offers Turkish Airline a low ball number which is probably the case. The 747-8i may be a pound for pound better deal than buying a 777-300ER.

Article reference Link:


No comments:

Post a Comment