Boeing to deliver 1st 787 Dreamliners to China

Transport

US aircraft maker Boeing said it would start delivering 787 Dreamliners to its Chinese customers in the fourth quarter of 2009, after pushing back the target delivery date three times by more than a year behind the original schedule.

The company regretted the impact of the delays on its customers and would offer interim aircraft before the delivery, said W. James McNerney, president of The Boeing Company.

Five Chinese airlines - Air China, China Eastern, China Southern, Hainan Airlines and Shanghai Airlines - ordered 60 B787 aircraft in 2005.

The first B787 rolled off the line last year. It can carry a maximum of 330 passengers and is more fuel-efficient than other planes.

McNerney said the company would negotiate with the Chinese buyers about penalty payments. The Chinese airlines declined to comment.

Worldwide, more than 50 airlines and leasing companies have ordered the 787 Dreamliner. In early April, the company announced a third major delay on the new plane, postponing the delivery of the first plane to the third quarter of 2009.

Scott Carson, president of Boeing Commercial Aviation, was quoted in the US media as saying that the delays had been caused by continued problems with a far-flung network of international suppliers.

Talking about China's recent efforts to make jumbo passenger aircraft, McNerney said he believed the project would succeed because the country had excellent manufacturing capabilities, huge market potential and good leadership.

In May, China established a domestic company with registered capital of 19 billion yuans ($2.7 billion) to make large passenger aircraft, which was considered a step forward in the quest to become less dependent on Boeing and Airbus.

McNerney said Boeing predicted China would need another 3,400 aircraft in the next 20 years. The company would cooperate with its Chinese partners to provide higher-quality services and products.

Boeing has joint-venture companies in Tianjin, Xiamen and Shanghai. (Xinhua)

ADVERTISEMENT

Czech economic confidence weakens in September Analysis

Czech economic confidence weakens in September

Parl't extends pandemic legal provisions Parliament

Parl't extends pandemic legal provisions

Energy Efficiency: End-users, Energy Traders and Other Stake... Inside View

Energy Efficiency: End-users, Energy Traders and Other Stake...

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.