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george77300 wrote:Source: https://twitter.com/AlexInAir/status/993132805658902528
Latest: #UAE’s @EtihadAirways are tipped to be making an announcement soon, to cancel airliner aircraft Etihad currently on order, defer deliveries/reduce future orders
It’s as management try to overcome the $2 billion loss the Abu Dhabi state-owned carrier has suffered
There order book stands at:
26 x A321neo
62 x A350 (40 x A359, 22 x A35K)
52 x B787 (22 x B789, 30 x B78J)
25 x B777X (8 x B777-8X, 17 x B777-9X)
What do you think will be cancelled or deferred? Seeing as they have lots of B789 already maybe some of the large A350 order will be cancelled or deferred. Possibly a reduction of 787 too?
sibibom wrote:Probably defer most of B787, definitely cancel B777X.
Cancel A350? defer A321NEO
OA940 wrote:I suspect the 777X will go. Maybe part of the A350 order, but I honestly doubt it'll entirely vanish. Maybe they'll cancel one variant entirely (probably the 35K but hopefully not) and keep the other. I could also see them cancelling or deferring part of the 787 order, possibly the -10, which would also be a shame.
jetblueguy22 wrote:Everyone seems to be leaning towards the 777s being cancelled, but I'm not so sure. Strategically their best move is to merge or be absorbed into EK, keeping the 777 order may be a way to sweeten that deal.
Lufthansa wrote:I think this was always gonna be the case. One of the great problems for EY is the fact that EK is less than an hr's drive down the road, but that city has far more O & D demand. Does a country the size of the UAE really need two national carriers? And a little further north there's a carrier that doesn't really have to make any money ever from a country that has the worlds second biggest gas reserves and is hell bent on growing at any expense and willing to engage in practices UAE carriers wouldn't. It's not impossible, they could succeed as a boutique carrier. Royal Brunei does. But it's always gonna be tough for them with Qatar and Emirates both very close and both having much larger networks, and EK having a lot more O & D demand.
This is a particularly big loss though. I think we need to also question how much of it is from write downs of bad EY investments like AB and Alitalia and how much is actually from EY operations themselves? The situation may not be as drastic as it sounds.
Jayafe wrote:There it goes almost 10% of the whole 777x backlog. First strike, likely more to come.
Feel bad about Etihad, defo one of my fav products.
george77300 wrote:Jayafe wrote:There it goes almost 10% of the whole 777x backlog. First strike, likely more to come.
Feel bad about Etihad, defo one of my fav products.
I don't think so at all. I firmly believe the large 62 A350 order is the most at risk.
Jayafe wrote:george77300 wrote:Jayafe wrote:There it goes almost 10% of the whole 777x backlog. First strike, likely more to come.
Feel bad about Etihad, defo one of my fav products.
I don't think so at all. I firmly believe the large 62 A350 order is the most at risk.
Agree, I see them both gone, but it's a major compromise in the case of the 777X, specially as its a backlog quite related to the region.
JAAlbert wrote:What was the thought process of Etihad ordering so many aircraft? I assume some are for replacement, but that still leaves quite a few aircraft. Did the airline have unrealistic expectations or have market conditions changed for them since ordering the planes?
jmmadrid wrote:JAAlbert wrote:What was the thought process of Etihad ordering so many aircraft? I assume some are for replacement, but that still leaves quite a few aircraft. Did the airline have unrealistic expectations or have market conditions changed for them since ordering the planes?
Mine is bigger than yours?
Antarius wrote:jmmadrid wrote:JAAlbert wrote:What was the thought process of Etihad ordering so many aircraft? I assume some are for replacement, but that still leaves quite a few aircraft. Did the airline have unrealistic expectations or have market conditions changed for them since ordering the planes?
Mine is bigger than yours?
Yep. Measuring contest.
kaitak wrote:Ironic that just up the road, EK is having to park aircraft as not enough crews.
With regard to 777X order, BA is reported to be ready to order this type in the near future, so maybe possible to take over this order, at least the -9 part of it.
A350, I agree ... new type not needed at this time.
As to A330, I thought the plan was to get rid of these altogether and focus on 787-9. I would say that 787 order definitely to be reduced, but o/s order for -9s to stay in place.
A321 order probably mostly to be converted to 320s?
Would be interesting to see if EK took over some of this order, as part of private arrangement between two carriers, or perhaps even Qatar - certainly no private arrangement, but QR (and Qatar itself) would probably enjoy an opportunity to take some acft intended for QR, just as a little message to the UAE!
xwb777 wrote:In EY inflight magazine ( April 2018 issue), the B777X is not included in the future fleet. Only the A350 is present.
So i think the B777X will be cancelled.
Eyad89 wrote:I Agree with most, 777X is the first to be canceled. It is the most expensive to operate. Airbus is lucky that they delivered all of EY A380s, otherwise, they would have been gone in a second.
I am guessing both A350 and 787 will be either deferred or reduced. The order of A321 should stay intact.
I won’t be surprised that we see similar announcements from other QR. I have been expecting this for some time.
Eyad89 wrote:I Agree with most, 777X is the first to be canceled. It is the most expensive to operate. Airbus is lucky that they delivered all of EY A380s, otherwise, they would have been gone in a second.
I am guessing both A350 and 787 will be either deferred or reduced. The order of A321 should stay intact.
I won’t be surprised that we see similar announcements from other QR. I have been expecting this for some time.
MD80MKE wrote:A321neo are probably the safest among them all. Given the fact that they already have a decent size of 787 fleet, it would be logical to take deliveries for this year and defer all of the rest on order. Part of A350-900 order would probably be cancelled as they are overlapped with 787-9 a little bit, but I would bet EY will keep the all the A35K to replace their 77W as they have almost identical seat count. 77X will be most definitely outright cancelled, that order was ordered for growth. With the demand for EY right now, no way in the world they need aircraft that large and heavy. That will burn their money as quickly as it could. Going for lighter and cheaper A35K is a more logical path for EY if they want to stop bleeding.
kaitak wrote:Ironic that just up the road, EK is having to park aircraft as not enough crews.
With regard to 777X order, BA is reported to be ready to order this type in the near future, so maybe possible to take over this order, at least the -9 part of it.
A350, I agree ... new type not needed at this time.
As to A330, I thought the plan was to get rid of these altogether and focus on 787-9. I would say that 787 order definitely to be reduced, but o/s order for -9s to stay in place.
A321 order probably mostly to be converted to 320s?
Would be interesting to see if EK took over some of this order, as part of private arrangement between two carriers, or perhaps even Qatar - certainly no private arrangement, but QR (and Qatar itself) would probably enjoy an opportunity to take some acft intended for QR, just as a little message to the UAE!
Eyad89 wrote:I Agree with most, 777X is the first to be canceled. It is the most expensive to operate. Airbus is lucky that they delivered all of EY A380s, otherwise, they would have been gone in a second.
I am guessing both A350 and 787 will be either deferred or reduced. The order of A321 should stay intact.
I won’t be surprised that we see similar announcements from other QR. I have been expecting this for some time.
jmmadrid wrote:JAAlbert wrote:What was the thought process of Etihad ordering so many aircraft? I assume some are for replacement, but that still leaves quite a few aircraft. Did the airline have unrealistic expectations or have market conditions changed for them since ordering the planes?
Mine is bigger than yours?
xwb777 wrote:In EY inflight magazine ( April 2018 issue), the B777X is not included in the future fleet. Only the A350 is present.
So i think the B777X will be cancelled.
waly777 wrote:...The 777-8/9 isn't going anywhere as they are one of the few carriers that need the payload range of the -8 and they are a 10 abreast 777 carrier, plus 380 replacement further down the line.
Jayafe wrote:waly777 wrote:...The 777-8/9 isn't going anywhere as they are one of the few carriers that need the payload range of the -8 and they are a 10 abreast 777 carrier, plus 380 replacement further down the line.
You are aware that its latest A380 is 1 year old, and its oldest is 4 years old, right? Are you suggesting they are thinking about replacing a fleet 2.5 years old average, talking about birds intended to last 25-30 years?
JoKeR wrote:Wonder what will happen to 320neo orders for JU and HM, two airlines they still have equity in? Or should we assume they’ll be getting out of these investments as well?