09.11.2014 Views

Malaysia Airlines - Orient Aviation

Malaysia Airlines - Orient Aviation

Malaysia Airlines - Orient Aviation

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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 />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

RA0004Anytime_<strong>Orient</strong>Aug07.indd 1<br />

4/13/07 10:30:16 AM<br />

JULY/AUGUST 2007 ORIENT AVIATION 31

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!