Archive for the 'Boeing' Category

China News Service reports that Xiamen Airlines intends to buy 60 Boeing 737-800 passenger aircraft by 2013.
The airline, based in Xiamen, east China’s Fujian Province, will import 35 Boeing 737-800s by 2010. The price on the rest is still being negotiated.

Xiamen Airlines currently has a fleet of 43 aircraft, including nine Boeing 737-800s, operates 140 domestic and overseas air routes and handles seven million passengers a year.

It is difficult to overemphasize how important China is to Boeing’s future. Here is an order which would be headline news in any European newspaper. Yet, this is one of China’s lesser-known airlines — at least, outside China — about to make an order which will, literally, change the fortunes of the world’s largest aircraft manufacturer.
Source: English People’s Daily Online

China is the world’s fastest-growing airplane market. By 2025, it will be the world’s second biggest civil airplane market exceeded only by the U.S.

Randy Baseler, Vice President of Marketing for Boeing Commercial Airplanes said there is a 7.4 percent average annual overall growth rate for China’s markets and a 8.8 percent average annual growth rate for domestic travel in China.

As a result China’s airline operators are going to spend $280 billion to purchase almost 2,900 new airplanes over the next 20 years.

With the rapidly expanding travel and cargo markets there, Boeing thinks the number of airplanes in China will more than triple to 3,900 in 2025.
Source: China Travel Industry Blog

Cathay Pacific Airways has added Beijing to its freighter network starting November 15. The airline gained approval from the Chinese Government to launch a new twice-weekly service.

The new service will give a further boost to Hong Kong’s position as a leading freight and logistics hub and gateway to China. Cathay will use a Boeing 747-200 freighter aircraft for the service operating every Wednesday and Thursday from Hong Kong.

Cathay Pacific already operates a freighter service to and from Shanghai, currently with 12 flights a week.

Source: Air Cargo News

China Southern Airlines and Boeing have signed a deal worth US$1.842 billion, in which China Southern will buy six Boeing 777 freight planes from the US aircraft manufacturer.
Source: China.org.cn