We see a great market for low-cost carriers over the next five, 10, 20 years, it is an airplane that will come to the market in 2019 so we have got some time to work, but we think it is the best possible airplane for that low-cost carrier market.

Randy Tinseth

Categorized in : Company News

I would say we have time, we are in no rush to make a decision. by Randy Tinseth

I would say we have time, we are in no rush to make a decision.

When you take a look at where the price of fuel is today ... it means replacement economics make more sense for our customers.

We don't want to over design an airplane just to carry belly cargo, especially when I can make an airplane that becomes more efficient delivering and carrying passengers.

Despite recent events that have impacted the financial markets, the aviation sector will continue to see long-term growth with the commercial fleet doubling in size.

It has been a very strong and resilient marketplace, is there a potential for our rates to go up? There is a potential if the market is there and we are assessing that.

Traffic growth in the Middle East continues to grow at a healthy rate and is expected to grow 6.2 percent annually during the next 20 years.

The next step we are looking at is what we want to do in the single-aisle market, where we see demand for over 1,000 conversions over the next 20 years, we are looking at potentially pursuing a freighter conversion program for the 737-800. We see potential especially in the express market in the U.S. and China.

You have to balance that out to see how it works. by Randy Tinseth

You have to balance that out to see how it works.

I think it does talk about the resiliency of the market. We continue to be on track to have a book-to-bill( in 2015) above 1, that is very good in terms of what really counts, which is the delivery competition.

This combination of improvement in fuel efficiency and more seats will yield about a 5 percent improvement in efficiency per seat.

That airplane had a very unique production system. It was relatively expensive to build, the business case is not going to close.

Anything that you look at in that market segment to increase the range of that airplane, I think it would come with small returns.