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 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.23.18

AMA Drone Report 05.24.18

Airborne 05.18.18

Airborne-YouTube

Airborne 05.21.18

Airborne-UnManned 05.22.18

Airborne 05.23.18

AMA Drone Report 05.24.18

Airborne 05.18.18

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 05.21.18: Bally Bomber At OSH18!, Belite Chipper, CH-53 Deliveries

Also: NATS-Aireon, H135 For US Navy, EmPower STC, Spidertracks-Olympic Aero Services Oshkosh 2018 is ramping up to be an outstanding addition to an aviator’s MUST-SEE list...>[...]

ANNouncement: Now Accepting Applications For Oshkosh 2018 Stringers!!!

An Amazing Experience Awaits The Chosen Few... E-I-C Note: There's very little we can say yet, but there is a reason why this may be THE year to throw in with ANN to cover the extr>[...]

It's On--Again! EAA/ANN Announce 2018 AirVenture Innovation Preview!

Stunningly Successful Innovation Program Draws Hundreds of Thousands of Eyeballs to ‘All Things AirVenture’ E-I-C Note: We're tremendously excited to work with EAA agai>[...]

Aero-News AirVenture Update: This Is So Cool! #OSH18COOL

We Need YOUR Help To Find AND Celebrate The Coolest Stuff At EAA AirVenture 2018, #OSH18COOL Stuff that’s new is cool… we get it… that’s why we’re b>[...]

Airborne-Unmanned 05.15.18: UAS IPP Selections, Drone Regs, P4P V2.0

Also: DJI Microsoft Partner, ALPA 'Keeping A Close Eye', King Online Drone Course, Solar UAV First announced last October, this White House initiative partners the FAA with local, >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC