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Sunday, February 24, 2019

Bamboo Bang For Buck Is 787 For Ten

Bamboo just signed for 10 more 787's while President Trump viewed on during his summit visit to the Far East with NK Leaders. The Vietnam based airline already has 20  787 on firm orders and this 10 just signed will increase the Boeing fold to 30 787's.

"The carrier, which is owned by property and leisure company FLC Group and made its first flights in January, placed a provisional order last year for 20 Boeing 787 widebody jets worth $5.6 billion at list prices." is reported.

The word provisional sticks out the most as Bamboo seems it has not firmed the first 20 at this time. However, it firmed 10 with the Trump visit and is new and separate from the 20 it provisioned last year. This indicates Boeing and Bamboo have not yet settled on a price for 20 but Bamboo is still intending on those first 20 it had committed to buy.

In all, Bamboo is looking for the lowest price per plane as it already has higher priced A350's in its fleet. The 787 will cover the same market the A-350 covers. If Bamboo's 20 787 are firmed in 2019 then Bamboo will have added 30 787's to Boeing's bookings.

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