China Eastern just placed an order with Boeing for fifteen
787-9's. To the casual observer they will mention Airbus is besting Boeing with a
twenty count A350-900 order during the China Eastern announcement from its buying spree for
the year.
Youtube Photo credit
However it is better to examine a little deeper into the story as
Motley Fool has examined with the headline:
The not so fast my friend approach and sale with the Airbus’ 20 wide bodies,
suggests Boeing has breached into a market where it has not had much success.
Motley Fool on the 787 Sale:
"Given that the China Eastern Airlines order was not mentioned in last
week's order update, and that since it was announced on April 28, it just
missed the cutoff for reporting as a firm order in that update (which covered
orders placed up through April 27), it seems safe to say I think we have found
our buyer: China Eastern was the company that bought the 787's this week."
It is more import to note that China Eastern is
an Airbus Company and would only order twenty A350-900 for its fleet
consistency.
Motley Fool Quote:
"China Eastern
currently operates a mostly Airbus (NASDAQOTH:EADSY) fleet."
"Weighed against China Eastern's 293
Airbus aircraft of all shapes and sizes, that makes Boeing a relative bit
player at the carrier -- but now its presence is growing.
For a company that places so much faith
in the potential of the Chinese
market, that's a good thing."
Boeing did not lose an Airbus battle going with a score of 20
A350's to 15 B787 wide bodies. It won a significant beach head in the Chinese
aviation market place. Boeing keeps chipping away just as Airbus did in the
1990's.
No comments:
Post a Comment