Roll on the B787, LAN Airlines to take early deliveries – Suppliers Share Wrap
LAN Airlines has brought forward deliveries of the first ten of the 26 B787s it has on order forward from 2014 to 1Q2011.
- LAN Airlines has accelerated the delivery of the first ten out of 26 B787 aircraft it has on order, bringing them forward from 2014 to 1Q2011.
- The early delivery of LAN's B787s raises concerns about the availability of production slots for the aircraft.
- Several Chinese carriers, Delta Air Lines, and Royal Air Maroc have deferred their deliveries of early production B787s, while other airlines like Japan Airlines, Ethiopian Airlines, and Qatar Airways are still expected to receive their B787s in 2011.
- The first B787 delivery is scheduled for 4Q2010 to All Nippon Airways.
- Boeing's shares rose 0.2% following this news, while EADS, the parent company of Airbus, gained 0.7%.
- The provided information includes selected aviation suppliers' daily share price movements on March 25, 2010.
The acceleration of LAN's B787 deliveries to 1Q2011 raises the question of just how much space there is in the early B787 production schedule.
It has already been reported that five Chinese carriers that were due to receive aircraft in the first production batch of 20 have moved to defer their deliveries to later production aircraft. Delta Air Lines and Royal Air Maroc were also reportedly due to defer the delivery of their early production B787s, but are still expected to take delivery of B787s in 2011, along with Japan Airlines, Ethiopian Airlines, China Southern, Air India, Qatar Airways and Continental Airlines.
The first delivery for the B787 is scheduled for 4Q2010, to All Nippon Airways.
Boeing's shares rose 0.2% yesterday, while Airbus parent, EADS, gained 0.7%.
Selected Aviation suppliers' daily share price movements (% change): 25-Mar-2010
Source: Centre for Asia Pacific Aviation & Yahoo! Finance