Shapiro’s Post

Airbus, a global leader in aerospace innovation, has unveiled projections indicating a robust surge in demand for freighter aircraft within the Asia-Pacific (APAC) region over the next two decades. With the region witnessing significant economic expansion and heightened trade activities, Airbus foresees a requirement for approximately 400 widebody freighters by 2044, a figure that constitutes over a quarter of the global demand for such aircraft in the 40-tonne and above segment. Read more below. #bluestargloballogistics #airfreight #freightforwarding #airbus #logisticsnews #freight #supplychain #australianmanufacturing

Asian Airlines Boost Boeing's Farnborough Success with Major Commitments Boeing secured impressive orders at the 2024 Farnborough International Airshow, outpacing rival Airbus on the first day of the event. Boeing's strong showing signals renewed confidence in its product lineup after recent challenges. 🟢 Key Points: 👉 Korean Air committed to purchasing up to 50 widebody jets, including 20 777-9 aircraft and 20 787 Dreamliners, with options for 10 more 787s. This marks Korean Air's first order for the 777X. 👉 Japan Airlines signed an agreement for 20 787 Dreamliners, comprised of 10 firm orders for the 787-9 variant and options for 10 more of any Dreamliner model. This brings JAL's backlog with Boeing to 31 aircraft. 👉 National Airlines ordered 4 Boeing 777 freighters, becoming the first customer to announce an order at the airshow. 👉 Luxembourg-based Luxair ordered 2 737 MAX 10 jets with options for 2 more, despite ongoing certification delays for the variant. 🟢 What It Means?: The strong order book for Boeing, particularly for its widebody models, indicates that airlines are optimistic for future growth as international travel rebounds. The commitments from major Asian carriers like Korean Air and Japan Airlines are especially significant, as they demonstrate confidence in Boeing's products. However, challenges remain for Boeing, such as the certification hurdles facing the 737 MAX 10 and the upcoming 777X. Nonetheless, the company's performance at Farnborough suggests it is regaining its footing and customer trust.

Boeing and Airbus supply chain disruptions are likely to hinder their ability to deliver on time, according to analyst Deirdre Fulton. The disruptions started with the Covid-19 pandemic, which caused restrictions, border closures, and layoffs, leading to parts shortages. The war in Ukraine and Pratt & Whitney engine problems further compounded the issues. Planned aircraft maintenance programs are being disrupted, lasting several months longer in some cases. Despite these challenges, global airline capacity is expected to be higher this quarter compared to both 2019 and 2023, with some regional variations. Post-pandemic, travel spending remains a priority, and leasing is becoming increasingly popular for airlines to keep their fleets flying. However, the pool of available leasing aircraft is limited, driving up prices. Lease rates have risen from an all-time low in 2020 to an all-time high in 2023, impacting the market for new-build aircraft.

We are delighted to announce that Avia Solutions Group’s first ever direct order for aircraft is for 80 737 MAX-8s from Boeing. The transaction is part of Avia Solutions Group’s ongoing strategy of investing in bolstering its capacity to meet the continued strong demand from airlines globally for additional aircraft during peak seasons. Gediminas Ziemelis, Chairman of Avia Solutions Group, said: “This is a proud moment for all of us at Avia Solutions Group and is testament to the fact that Avia Solutions Group is now entering a clear phase of sustained growth. These 737 MAX 8s will enhance the fleets of our airlines, giving their customers both operational flexibility and greater fuel efficiency.” Thank you to our amazing team and partners at Boeing for making this possible. Here’s to new horizons and continued growth. 🌍✈️ Brad McMullen, Boeing senior vice president of Commercial Sales and Marketing said: “ACMI providers such as Avia Solutions Group offer important, flexible capacity to meet the dynamic demand in our industry and we are honored Avia has selected Boeing airplanes to help meet that demand from its customers. By choosing the 737-8, Avia is aligning with its customers’ plans to operate increasingly fuel-efficient fleets that improve the passenger experience.” Read the full story here 👉 https://lnkd.in/dVTBT7zM #AviaSolutionsGroup #Aviation #FleetExpansion #SustainableAviation #CustomerExperience #Innovation

Today #EBAAyearbook's spotlight is on an iconic aircraft: The Bombardier Global Express Family. Did you know that: 🛫Global Express's most active market is USA-UK 🛫 In 2023, the average flight distance of the Global Express was around 3,000 km Learn more about #European #businessaviation market data 👇 https://lnkd.in/eMcE4SuU

Ripple Effect: How Boeing Production Delays Are Costing Airlines Simple Flying 354K subscribers <__slot-el> <__slot-el> Subscribed 472 Share 9,422 views May 8, 2024 Under heavy scrutiny for cutting corners in aircraft production, the FAA has stated that Boeing cannot increase 737 MAX production until quality issues are addressed. As a result, Boeing is reporting a 36% decline in quarterly aircraft deliveries

Will other airlines consider purchasing the C919, manufactured by the state-owned Commercial Aircraft Corporation of China (COMAC), given the extensive waiting lists for Airbus and Boeing aircraft until the end of the decade? While this move might seem advantageous against international competitors, the C919 relies on engines and numerous systems sourced from foreign suppliers. This dependency could potentially expose COMAC to global supply chain challenges similar to those faced by its more established rivals, particularly as production increases, with reports indicating that at least 40% of the aircraft's components are internationally sourced. https://lnkd.in/dVdan_kp

The airline industry is facing a significant squeeze from airplane safety concerns stemming from Boeing aircraft and falling production from Airbus ✈ 😟 The industry's woes are expected to continue into summer, typically the busiest period for consumer flying. ⚠ Production concerns affecting Boeing and Airbus, the two largest aircraft manufacturers in the United States, are adding significant volatility to the corporate and consumer travel market. 💹 Due to the current market volatility, buyers should adopt several best practices to reduce the cost burdens associated with corporate travel. 📈 ProcurementIQ’s tools will help procurement departments gain insights into price trends, market risks, and sustainability progress, enabling strategic corporate travel decision-making. 👉 Click here to discover what you can expect in the next few months, with some best practices to better insulate your business from the currently volatile market: https://lnkd.in/gQiUXGtg #corporatetravel #markettrends #costsavings #strategicsourcing

Boeing, one of the world's largest aircraft manufacturers, has published (https://cmo.boeing.com/) a forecast for the aircraft market until 2043. It is expected that carriers will purchase up to 43,975 aircraft in total over the next 20 years. Thus, the fleet in 2043 will amount to 50,170 aircraft (+88% compared to 2023). The largest regional markets will be: 🌐 Eurasia (42% of total deliveries); 🌐 North America (20%); 🌐 Southeast Asia (11%); 🌐 Middle East (7%). The key country market will be China, which will provide 20% of deliveries. Deliveries will mainly consist of narrow-body aircraft (76%). Wide-body aircraft will be delivered primarily to the Middle East. The share of cargo aircraft will be 2% of the total number of deliveries. The fleet of this type will increase to 3,900 aircraft by 2043, which is 67% compared to 2023 (2,340 aircraft). The growth of the cargo aircraft fleet will be driven by the development of global trade and e-commerce.

I've seen many airlines announce that they're cutting schedules this year because Airbus and Boeing are not able to fulfill delivery commitments. To find out just how bad the problem is, I compared the number of aircraft airlines expected to receive at the beginning of last year with AeroDynamic Advisory's delivery forecast. Overall, passenger airlines will receive 19% fewer aircraft than they expected. The situation is much worse in the U.S. because of the reliance on the MAX and the delays of MAX7 and MAX10 certification - U.S. operators will likely receive 32% fewer aircraft than they had planned just a year ago. This will have major implications for aircraft retirements, travel growth, airline profitability, and more.