Thursday, September 5, 2013
Boeing Increases Long Term Forecast for China's Commercial Aircraft Market
However, this visit wasn't about laser pointers and big screens in front of eager viewers want to hear about China's next 30 years. It was about sales to China and how Boeing could help fill the impending void of aircraft for China, once it realizes the calamity of no airplanes that will befall China. The next 30 years?, someone scribbles in good Mandarin or maybe some English. Randy goes on, "do you realize how fast thirty years can go by when waiting in-line for your 787's. China Southern, Xi amen, and Hainan to name a few, know. By next year Airbus will have a really long line and Boeing's production will peak on the 787, opening up some near term production slots as the -9's start rolling out the doors. The backlog is a 50/50 split at this time between the 787-8's and the -9's. The -8 momentum tilts towards a shorter wait line for the next year as ten a month are produced and the -9 is barely coasting out the door. Boeing will see in 2014 it cant start putting sales speak to customers about the shrinking 787-8 Queue and strong productivity against an undelivered A-350.Its not that demand will hit in 30 years, its now that demand is building and China has to be in the right place at the right time to capture an advantage. Any questions? Any orders? Yes, you in the middle row with hand up?"
A man from EVA posses an important thought.
EVA Air studying 787-10 and 777X, aiming to be launch customer for 777X in 2019
4-Sep-2013 4:05 PM
EVA Air chairman Chang Kuo-wei said the carrier is currently studying the Boeing 787-10 and 777X, adding it plans to become the the launch customer for the 777X in 2019. Mr Chang, as reported by CNyes.comi, also said the carrier is aiming to increase its 777-300ER fleet to 35 aircraft. EVA Air plans to acquire seven 777-300ERs between Jun-2013 and Jun-2016, increasing its fleet of the aircraft to 22. The carrier also plans to 777Fs to replace its 747-400Fs
.Randy comes back with due respect and honor, "please see me after the symposium on 30 years growth plans for China, wait , I'll come see you".
So goes the imaginary dialog from China. There are other announcement in the works. It sounds like the the -10's and the -X twins are in play. Being a launch customer for a model is very important to China. This won't be the last clue thrown out of what's in play. The Arabian Gulf is strongly connected to Boeing's future as well. Could China usurp the Arabian peninsula from QATAR as a launch customer on the 777's this fall? I don't think so.
However, Boeing will be the auctioneer during a robust auction with a crowded room. The orders will come bouncing of the walls when the bidding wars begin from China as they realize 30 years is right now.
China is getting ready to come out and play in the airplane wars and will want to get on board with a strong representation and fanfare, but the Gulf states have a big head start for that honor of launch customer. Its more in the order for a -10 customer launching for China, but the 777 order book is going to get interesting, as an ordering staple for Boeing's sales team, with the China market for the next 30 years. EVA certainly leads the way for China and the Twin X's.
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