Malaysia Airlines - Orient Aviation
Malaysia Airlines - Orient Aviation
Malaysia Airlines - Orient Aviation
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tycoon Joseph Lau ordered a VIP version,<br />
valued at $153 million at list price, from<br />
Boeing Business Jets – the seventh luxury<br />
VIP B787 to be snapped up.<br />
All this is adding to a Boeing recovery<br />
that doesn’t look like ending any time soon.<br />
The B787 was the star of the show when the<br />
company held its annual investor conference<br />
in late May in Chicago. Chief executive,<br />
Jim McNerney, forecast revenue would<br />
rise from $65 billion to around $72 billion<br />
in 2008, underpinned by “sizzling” sales of<br />
its newest jet.<br />
He believed the orders would continue.<br />
“The U.S. and European legacy carriers have<br />
yet to order in any substantial quantities ... so<br />
we don’t see an immediate end to the cycle,”<br />
he told analysts.<br />
For airlines, the economics are one of<br />
the keys to the B787’s success. As much as<br />
50% of the primary structure – including the<br />
fuselage and wing – will be made of carbon<br />
fibre composite, making it less costly to<br />
maintain.<br />
There will also be 98 kilometres of wiring<br />
within the aircraft, far less than the 145<br />
Final assembly began on the first<br />
B787 in May at the Everett plant<br />
kilometres in a B767, again making it easier<br />
for airlines to maintain, as well as leaving<br />
more space to provide bigger overhead bins<br />
for passengers. In-flight entertainment<br />
systems are lighter and more simply wired.<br />
Production has been streamlined, with<br />
major components and the work of installing<br />
such elements as wiring and hydraulics<br />
performed by suppliers scattered around<br />
the world.<br />
Previously, this was all done in Seattle.<br />
It means when the components arrive, they<br />
can simply be “snapped together”, reducing<br />
production costs.<br />
As Boeing prepared to put the first aircraft<br />
on public display, it was still keeping the date<br />
of its first flight under wraps.<br />
Mike Bair, head of the B787 programme,<br />
said there would be about a one-month<br />
window for those flights, starting at the end<br />
of August.<br />
Boeing will deliver 112 aircraft during<br />
the first two years, with final assembly of<br />
each one taking an average three days. Bair<br />
confirmed the company was already working<br />
on plans to pick up the pace.<br />
“’It’s pretty clear that our initial<br />
thoughts about the market demand were too<br />
conservative,” he said. And that may be the<br />
understatement of the decade.<br />
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RA0004Anytime_<strong>Orient</strong>Aug07.indd 1<br />
4/13/07 10:30:16 AM<br />
JULY/AUGUST 2007 ORIENT AVIATION 31