Business NEWS
All Nippon Airways (ANA) adds five Boeing 787s to order, to issue nearly $2 billion in new stock
By Amarendra Bhushan for CEOWORLD Magazine Updated:July 2, 2009
Get CEOWORLD Magazine digital monthly version. special- Top Capital Cities for a business Traveler, # Interview with Minister of Tourism of Greece. 1 Issues Subscription= $1 Only, 10 Issues Subscription= $5 Only. Grab your copy now!!!!
All Nippon Airways (ANA), Japan’s second-largest airline will sell shares to raise 150 billion yen ($1.6 billion) money as it prepares to take delivery of its first Boeing Co. 787. The carrier is the first customer for Boeing’s plane and due to receive the Dreamliner in February.
All Nippon Airways raised its firm 787 commitment to 55 aircraft (comprising 22 long-range B787-8s and short-haul 28 B787-3s) from 50, switching five 767-300ERs to B787s (it will still take delivery of another four B767-300ERs). The move makes ANA the world’s largest airline customer for the 787.
Qantas reduced its firm order to 50 from 65 last week.
But,The continued spread of swine flu in Japan has hit the highly sensitive Japanese travel market and remains a major near term threat to the carrier’s outlook.
- B787 programme delays, which could disrupt ANA’s finely tuned development plans.
Boeing 787 Dreamliner
The 787-8 Dreamliner will carry 210 – 250 passengers on routes of 7,650 to 8,200 nautical miles (14,200 to 15,200 kilometers), while the 787-9 Dreamliner will carry 250 – 290 passengers on routes of 8,000 to 8,500 nautical miles (14,800 to 15,750 kilometers). A third 787 family member, the 787-3 Dreamliner, will accommodate 290 – 330 passengers and be optimized for routes of 2,500 to 3,050 nautical miles (4,600 to 5,650 kilometers).
In addition to bringing big-jet ranges to mid-size airplanes, the 787 will provide airlines with unmatched fuel efficiency, resulting in exceptional environmental performance. The airplane will use 20 percent less fuel for comparable missions than today’s similarly sized airplane. It will also travel at speeds similar to today’s fastest wide bodies, Mach 0.85. Airlines will enjoy more cargo revenue capacity.
Passengers will also see improvements with the new airplane, from an interior environment with higher humidity to increased comfort and convenience.
Advanced Technology
The key to this exceptional performance is a suite of new technologies being developed by Boeing and its international technology development team.
Boeing has announced that as much as 50 percent of the primary structure – including the fuselage and wing – on the 787 will be made of composite materials.
An open architecture will be at the heart of the 787’s systems, which will be more simplified than today’s airplanes and offer increased functionality. For example, the team is looking at incorporating health-monitoring systems that will allow the airplane to self-monitor and report maintenance requirements to ground-based computer systems.
Boeing has selected General Electric and Rolls-Royce to develop engines for the new airplane. It is expected that advances in engine technology will contribute as much as 8 percent of the increased efficiency of the new airplane, representing a nearly two-generation jump in technology for the middle of the market.
Another improvement in efficiency will come in the way the airplane is designed and built. New technologies and processes are in development to help Boeing and its supplier partners achieve unprecedented levels of performance at every phase of the program. For example, by manufacturing a one-piece fuselage section, we are eliminating 1,500 aluminum sheets and 40,000 – 50,000 fasteners.
Continuing Progress
The Boeing board of directors granted authority to offer the airplane for sale in late 2003. Program launch occurred in April 2004 with a record order from All-Nippon Airways. Since that time, 56 customers from six continents of the world have placed orders for 865 airplanes valued at $144 billion, making this the most successful launch of a new commercial airplane in Boeing’s history. The 787 program opened its final assembly plant in Everett in May 2007.
The program has signed on 43 of the world’s most capable top-tier supplier partners and together finalized the airplane’s configuration in September 2005. Boeing has been working with its top tier suppliers since the early detailed design phase of the program and all are connected virtually at 135 sites around the world. Eleven partners from around the world completed facility construction for a total of 3 million additional square feet to create their major structures and bring the next new airplane to market.
Related Reading:
BusinessThe tenth edition of this best-selling introductory text features an up-to-date, comprehensive survey of the functional areas of business: management,... Read More >
Samsill Regal Leather Business Card Wallet, Holds 25 Cards of 2 x 3.5 Inches, Black (81220)Genuine black leather business card wallet is enhanced with rounded corners and stitched edges. Features a card pocket on both sides to hold business and personal cards. Card Holder Type: Business Card Wallet, Global Product Type: Card Holders, Number of Compartments: N/A, Card Capacity: 25.
Good to Great: Why Some Companies Make the Leap... and Others Don'tThe Challenge
Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sust... Read More >
The Secret Language of Business: How to Read Anyone in 3 Seconds or LessThe Secret Language of Business reveals the secrets of body language and nonverbal communication. Successful professionals need more than just good co... Read More >
Understanding BusinessUnderstanding Business by Nickels, McHugh, and McHugh has been the number one textbook in the introduction to business market for several editions for... Read More >
Like this article!
(No Ratings Yet)
Loading ...17802 views
Comments
Grab a copy of CEOWORLD Magazine for $1 only!!!
