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

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Airborne-YouTube

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

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

AMA Drone Report 12.14.17: Drone Registry, AMA Q&A, New IDRA Boss

Also: LAFD Drones, Toys For Tots FPV, Modular Racing Drone, Community College Drone Program President Donald Trump has signed the Defense Authorization Bill that includes a reinsta>[...]

Airborne-Unmanned 12.12.17: ERAU Storm Chaser, USMC Drone Insignia, Malawian UAV

Also: NLR Signs Agreement, QinetiQ, Big Bend Community College, 2nd Annual UAS Conference, Tigershark UAS Kicking off a series of tests for its capstone project, the UAV Storm Chas>[...]

Airborne 12.13.17: Flight Design Update, Bell 525, Space Policy Directive

Also: A380 Production Cut?, Canadian Arctic Aviation Tour, US Nationals, Muilenburg'ss Mars Prediction Flight Design may be under new ownership, but it plans to continue to be a le>[...]

Airborne 12.15.17: New Shepard Flies Again, Falcon 5X Cancelled, Flying Car Race

Also: Online Pilot Records Database, GA Security Bill, $1M 4 ERAU, Blades Aerobatic Team Blue Origin's New Shepard made its seventh test flight Tuesday afternoon at the company's l>[...]

Airborne 12.15.17: New Shepard Flies Again, Falcon 5X Cancelled, Flying Car Race

Also: Online Pilot Records Database, GA Security Bill, $1M 4 ERAU, Blades Aerobatic Team Blue Origin's New Shepard made its seventh test flight Tuesday afternoon at the company's l>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC