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 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.27.15

Airborne Hi-Def On YouTube

Airborne 02.23.15

Airborne 02.24.15

Airborne 02.25.15

Airborne 02.26.15

Airborne 02.27.15

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

Garmin Introduces Helicopter-Specific ADS-B Options

New GDL 84H And GDL 88H Offer On Scene Mode, TerminalTraffic And More Garmin has announced the GDL 84H and GDL 88H Automatic Dependent Surveillance-Broadcast (ADS-B) datalink. In a>[...]

Airborne 02.27.15: CS300 Flies, Nimoy Goes West, NTSB's Hart OK'd, PBOR II

Also: Bell 505 Update, Mooney Update, UAV Hysteria, AAR Sells Telair, True Blue Power, More UAV Waivers, Flyers Rights The Bombardier CSeries CS300 airliner made its first flight t>[...]

Airborne 02.27.15: CS300 Flies, Nimoy Goes West, NTSB's Hart OK'd, PBOR II

Also: Bell 505 Update, Mooney Update, UAV Hysteria, AAR Sells Telair, True Blue Power, More UAV Waivers, Flyers Rights The Bombardier CSeries CS300 airliner made its first flight t>[...]

Airborne 02.26.15: NBAA v Santa Monica, F22 Airshow Sked, Google Lunar XPrize

Also: Pioneering Space, IMC Clubs, BizJet Forecast, R44 SAIB, Twin Otter Upgrade, Cecil Field's Naval Influx The saga of Santa Monica Airport in California continues as the NBAA ha>[...]

First Flight: Bombardier's CS300

Company Hopes Airliner Will Soon Be Flying In Revenue Service Bombardier's CS300 airliner flew for the first time Friday, marking a key milestone in the troubled program.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC