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(Bloomberg)   Qantas crashes   (bloomberg.com ) divider line
    More: Fail, Qantas, Jet Star Inc., list prices, ASX, SAS, Dreamliner, Investors Service, European Economic Area  
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2192 clicks; posted to Business » on 23 Aug 2012 at 10:21 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-23 10:54:27 AM  
i78.photobucket.com
 
2012-08-23 11:14:54 AM  
Must be the high prices of lederhosen for the stewards.
 
2012-08-23 12:16:21 PM  
What's more interesting is Boeing has a backlog of more than 800 787-9's. At their current rate of 40 per year it would take 20 years to get your plane.

Job creators stiflers.
 
2012-08-23 02:21:00 PM  
I wonder what type of penalty they paid to cancel, and if this farks with Boeing's profits from that "future earnings" accounting trick.
 
2012-08-23 03:07:40 PM  

quick_thinkfast: I wonder what type of penalty they paid to cancel, and if this farks with Boeing's profits from that "future earnings" accounting trick


The article I read said Boeing actually has to pay them in the form of returned deposits plus penalties for being late on delivery (can't remember if it was the linked one or not...plus too laze to check).

Boeing may make out ok though because that moves up delivery of 35 787s to other customers meaning the penalties for late delivery to those customers won't be as bad
 
2012-08-23 03:28:38 PM  
Oh oh, five minutes to "Jersey Shore".

/Updated.
 
2012-08-23 04:05:33 PM  

swaxhog: What's more interesting is Boeing has a backlog of more than 800 787-9's. At their current rate of 40 per year it would take 20 years to get your plane.

Job creators stiflers.


Yeah, but they won't be at their current rate of production for ever. They are at roughly 3.5 /mo now (42/year), intend to be up to 5 per month at the end 2012 (60/year), and 10 month at the end of 2013 (120/year). At that pace, they will clear the current order book in 7-9 years depending on how fast they can crank them out.

Also, the order book is 520 788s and 339 789s.
 
2012-08-23 06:59:18 PM  
Execs at Boeing heard to mutter "I hate Qantas."
 
2012-08-23 09:21:32 PM  
Qantas fleet ( May 2012 )

Airbus A330-200 8

Airbus A330-300 10

Airbus A380-800 12

Boeing 737-400 12

Boeing 737-800 51

Boeing 747-400 15

Boeing 747-400ER 6

Boeing 767-300ER 23

Total 137
 
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