Boeing 747-8 Deal Could Be In The Works | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.02.16

Airborne 05.03.16

Airborne 05.04.16

Airborne 05.05.16

Airborne 05.06.16

Airborne Hi-Def On YouTube

Airborne 05.02.16

Airborne 05.03.16

Airborne 05.04.16

Airborne 05.05.16

Airborne 05.06.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

Sun, Oct 02, 2011

Boeing 747-8 Deal Could Be In The Works

Delivery Was Delayed After Qatar Airways Acquired A 35 Percent Stake In Cargolux.

Boeing was all set for a grand celebration of the first delivery of the first of its stretched 747-8 freighters to launch customer Cargolux in September when the party was abruptly cancelled. The plug was pulled immediately after Qatar Airways, which has been waiting for Boeing to deliver the Dreamliner, acquired a 35 percent stake in the Luxembourg-based freight company.

Boeing Photo

But a visit by Qatar Airways CEO Akbar Al Baker to Seattle for a delivery ceremony of a 777-200LR is being viewed by the aerospace industry as the beginning of a potential thaw in the now-frozen delivery.

Al Baker has been equally critical of Airbus and Boeing, which he once described as being run by "bean counters and lawyers," according to a report from Reuters. Any deal for delivery of the 747-8 freighter would need Al Baker's blessing.

Boeing spokesman Jim Proulx told the news service that the company is still optimistic about the ongoing talks between the planemaker and Cargolux, but would not offer any details about the talks. But the delay has caused morale problems at the plant where the plane is built, as well as concern about revenue and cash flow in the corporate offices. Atlas Air Worldwide Holdings has also cancelled orders for three of the dozen 747-8s it had ordered and were already built. Each is valued at about $300 million.

Qatar Airways is also in negotiations over an increase in it order for A380 airliners.

FMI: www.boeing.com, www.qatarairways.com/US

Advertisement

More News

Airborne 05.05.16: Huerta at AUVSI, F22 Coming Back?, Flt School Leaves SMO

Also: Canadian Airshows, SAFE, Airbus A350 XWB, Master Instructors, No-Fly Violin, Brussels Reopens, Echodyne Speaking yesterday at the AUVSI XPONENTIAL conference in New Orleans, >[...]

Airborne 05.05.16: Huerta at AUVSI, F22 Coming Back?, Flt School Leaves SMO

Also: Canadian Airshows, SAFE, Airbus A350 XWB, Master Instructors, No-Fly Violin, Brussels Reopens, Echodyne Speaking yesterday at the AUVSI XPONENTIAL conference in New Orleans, >[...]

Aero-News: Quote Of The Day (05.06.16)

“This resolution expresses our thanks to the brave aviators who serve in the Coast Guard for their heroic life-saving efforts and instrumental role in keeping our nation safe>[...]

ANN's Daily Aero-Linx (05.06.16)

NTSB Aviation Accident Database The NTSB aviation accident database contains information from 1962 and later about civil aviation accidents and selected incidents within the United>[...]

ANN's Daily Aero-Term (05.06.16): Nonapproach Control Tower

Authorizes aircraft to land or takeoff at the airport controlled by the tower or to transit the Class D airspace. The primary function of a nonapproach control tower is the sequenc>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC