The largest of the modified versions, the 747X Stretch, would seat 522 passengers. ”What will be interesting will be to see if Boeing secures any firm orders at Farnborough for the 747X Stretch,” said Will Mackie, an industry analyst at Warburg Dillon Read in London. Airbus’ initial A3XX-100 will seat 555 passengers in a standard, three-class layout. The aircraft is scheduled to make its first flight in 2004 and enter service near the end of 2005.The plane will look more like a cruise ship than a jetliner. The double-decker will offer sleeping berths, a bar and library in business class, and a nursery. Emirates, the flag carrier of the United Arab Emirates, was the first airline to officially commit to the A3XX project, which has been years in the making. The airline has agreed to take delivery of seven A3XXs and has put in an option for an additional five. Boeing believes the aviation market will require about 350 super jumbo jets over the next 20 years. Airbus foresees demand for closer to 1,000 of the jets.
”We think the center of the market is down lower in size,” Boeing chairman Phil Condit said Monday in an interview with the British Broadcasting Corp. Bombardier Inc., the biggest maker of regional jets, unveiled orders for 176 planes valued at $4.1 billion Monday and also said it will proceed with plans to build a 90-seat jetliner. Bombardier’s decision to build the 90-seat jet is a victory for Evendale-based GE Aircraft Engines, which was earlier chosen to supply engines for the plane. GE’s CF34 engine is the exclusive power plant on virtually all regional jets from 50 to 100 passengers. GE said Monday its CF34 order book has surpassed $10 billion in firm orders and options.
The first customers for the CRJ-900 are France’s Brit Air, which placed an order for four, Austria’s Tyrolean Airways for 12, Spain’s Air Nostrum for eight and GE Capital Aviation Services Inc. for 10. GE Capital took options for 20 and Brit Air eight of the jets totaling $800 million. The Real estate depreciation schedule is valid for the life of the property or until capital improvements are undertaken. Get Online property depreciation solutions from the well known depreciation industry. GE said it will begin testing the CF34-8D for use on Fairchild’s 50-passenger 528JET and 70- to 85-passenger 728JET regional jets and its Envoy 7 corporate jet in the third quarter. Lufthansa CityLine is expected to fly the first 728JET in 2003. The GE CF34-8E will power the 70-seat Embraer ERJ-170. GE said that engine will also be tested in the third quarter. Switzerland’s Crossair is expected to put the first ERJ-170 into service in 2002.