Boeing Projects 911
Boeing has been on a high.
Business has been good and the USA plane
builder has raked in orders all year long.
But a new projection of expected airplane
sales across India makes us wonder just a bit.
A Boeing Current Market Outlook (CMO) report
released on July 30 and put out on Reuters and Associated Press and nearly
everywhere else said that India would require 911aircraft by 2027.
But hold everything here.
Boeing projecting sale of 911 aircraft for
India in the future, not 910 or 912 or even 907 (the company loves the
number seven) may be the spot on truth, but it also is an unfortunate,
albeit unintentional choice of words.
Talk about dumb.
All the good intentions and power, public
relations and just plain common sense alive at Boeing should mean that
this mega company gets things like this right.
911 is forever sacrosanct in human history,
and etched in world memory as a horrible day in Manhattan that changed
the world.
In any case the Boeing figure of 911airplanes
costing over $86 billion upped the earlier estimate of 856 aircraft valued
at more than $72 billion.
Incidentally, this market forecast has quadrupled
in the past three years from a projection in 2004 for $20 billion worth
of aircraft orders for the period 2004-2024.
The 911 number will consist of 55 regional
jets, 674 single aisle aircraft, 173-twin aisle and nine Boeing 747 or
bigger airplanes.
"The
2007 CMO projects that commercial airplanes in the 90-400 seat categories
will account for most of the growth in air travel over the next 20 years,
and the airlines will continue to accommodate that growth by adding frequencies
and point-to-point non stop flights," Boeing's Senior V-P, Sales,
Commercial Airplanes Dr. Dinesh Keskar said.
As for freighters, Dr. Keskar confessed
that the domestic air cargo market in India was still in its infancy.
While he could not give any figures, he did mention that the market was
looking up, what with Air India and Indian in conversion programs.
India at present has 257 aircraft in service
with another 387 aircraft on order.
By the year 2026, India will have over 1,000
aircraft servicing the international and domestic market.
Dr. Keskar also mentioned that the groundbreaking
ceremony of the Boeing MRO to be established in partnership with Air India
at Nagpur would take place by the end of the year.
Looking a bit wider, Boeing said 28,600
new airplanes would be delivered over the next 20 years.
The new aircraft will make up 80 percent
of the 36,400 airplanes in service.
Boeing says air cargo is set for an average
growth rate of 6.1 percent per year, comprising 6.2 percent per year for
air freight and 2.5 percent per year for airmail tripling world air cargo
traffic (RTKs) over the 20-year period.
The average size of freighter airplanes
will get bigger, and the dedicated cargo fleet will double from 1,980
to 3,980 airplanes, Boeing said.
The 2,480 passenger airplanes that will
be converted to freighters will account for some of the increase in freighter
capacity.
In addition, 870 new dedicated freighter airplanes will be delivered.
Geoffrey
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