10 more 787's and 34 more 737NG
Jun 6, 2006, 4:13 am
#1
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10 more 787's and 34 more 737NG
http://seattlepi.nwsource.com/busine..._boeing06.html
more 787!
The 737's had been rumored for a while, since they are expanding aggressively in the US, probably to replace the 757's going int'l and on the low end, making up for the (sad sad, NOT) loss of 74 ERJ.
I am however, disappointed there aren't any immediate 777's.
more 787!
The 737's had been rumored for a while, since they are expanding aggressively in the US, probably to replace the 757's going int'l and on the low end, making up for the (sad sad, NOT) loss of 74 ERJ.
I am however, disappointed there aren't any immediate 777's.
Jun 6, 2006, 4:33 am
#2
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Was informed by a couple of FAs I was speaking with on my TLV-EWR yesterday, that CO was hoping to pick up some 777s from Varig if they go under or scale back their route system.
They also mentioned the 10 787s , and that there was still talk about #3 to TLV but out of IAH, I guess in direct competition with DLs ATL flight. However they didnt know of LYs starting up a Non-stop to LAX, so maybe that would hold back starting up the IAH flight.
They also mentioned the 10 787s , and that there was still talk about #3 to TLV but out of IAH, I guess in direct competition with DLs ATL flight. However they didnt know of LYs starting up a Non-stop to LAX, so maybe that would hold back starting up the IAH flight.
Jun 6, 2006, 5:03 am
#3
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I would like IAH-TLV, much shorter hop in domestic, and much better availability SFO/OAK-IAH.
Jun 6, 2006, 5:08 am
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Good to hear ^
Looks like they opted for the 787-8 series (bringing the total 787-8's on order to 20); not sure about the 737's but one would assume some combination of 73G/738/739.
For the 737 order, if any are 738/739 I wonder if they will be in the new configuration hinted at during the Do (20 FC
)
Oh, if anyone's interested here's the link to the a.net thread.
^Looks like they opted for the 787-8 series (bringing the total 787-8's on order to 20); not sure about the 737's but one would assume some combination of 73G/738/739.
For the 737 order, if any are 738/739 I wonder if they will be in the new configuration hinted at during the Do (20 FC
)Oh, if anyone's interested here's the link to the a.net thread.
Jun 6, 2006, 5:17 am
#5
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assuming they are moving to 20F, I would assume they would be delivered in that configuration.
With RG all but dead now, I expect they will indeed do their best to pick up those 2 777's.
With RG all but dead now, I expect they will indeed do their best to pick up those 2 777's.
Jun 6, 2006, 6:33 am
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CO has bought all the 73Gs they want (the 738 offers almost an identical trip cost and more revenue opportunities), so these will be 738s or 739ERs or a mix of both.
Jun 6, 2006, 7:59 am
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This is great news. Also, I thought CO currently has firm orders for two 777-200ERs pending. Is this true or am I imagining it?
Jun 6, 2006, 8:23 am
#8
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Originally Posted by CO 1E
This is great news. Also, I thought CO currently has firm orders for two 777-200ERs pending. Is this true or am I imagining it?
Jun 6, 2006, 9:09 am
#9
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Excellent news; I will stay glued to the wire service today to see if CAL releases anything. If they do, it will probably be shortly after 1630 ET.
You can check out CAL's fleet service plan here. Just two purchases next year: as CALflyboi pointed out they're B777's.
You can check out CAL's fleet service plan here. Just two purchases next year: as CALflyboi pointed out they're B777's.
Jun 6, 2006, 9:16 am
#10
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This is great news, though I too am surprised that additional 777s were not on the list. Perhaps the one's from Varig are close to a done deal.
Jun 6, 2006, 9:52 am
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Press Release Source: Continental Airlines
Continental Airlines Orders 10 More Boeing 787s and 24 More Boeing 737s
Tuesday June 6, 11:34 am ET
Airline Gains Flexibility to Replace Less Efficient Aircraft and Continue Successful Growth
HOUSTON, June 6 /PRNewswire-FirstCall/ -- Continental Airlines (NYSE: CAL - News) today announced that it has ordered 10 additional Boeing 787 Dreamliner aircraft, bringing to 20 the total number of 787s the company has ordered from The Boeing Company and making Continental the largest U.S. customer for Boeing's newest widebody aircraft.
In addition, the company will acquire 24 more Boeing Next-Generation 737 (737NG) aircraft, bringing the total number of Boeing 737NGs in its fleet to 213 when these aircraft, and pre-existing firm order 737NG aircraft, are delivered.
"These aircraft will give us the ability to seize long-haul market opportunities, remove less efficient aircraft from our fleet and maintain our role as a global network leader," said Larry Kellner, Continental's chairman and CEO. "We continue to target 5 to 7 percent annual growth in capacity. Our fleet plan remains flexible, permitting us to respond appropriately to market conditions."
Working together with its valued business partners at Boeing, Continental has been acquiring modern, fuel-efficient aircraft over the past decade, giving the airline a natural fuel hedge and an advantage over its competitors. Since 1998, the company has improved fuel efficiency by nearly 25 percent per available seat mile as a result of several factors including fleet modernization, implementation of fuel-saving technology like winglets, and improved operating procedures.
787s Optimal for International Growth
The Boeing 787 is the optimal aircraft to support Continental's strategy for continued international growth. With expanded range capabilities, unmatched fuel efficiency and superior operating economics, the 787s will allow the company to replace less efficient widebody aircraft, such as the company's 767-200 aircraft, and target additional long-haul markets. The 787s will also give Continental the ability to offer more capacity on international routes that need larger aircraft to support traffic growth.
737NGs Provide Fleet Flexibility
One of the world's most popular and reliable aircraft the Boeing 737NGs feature advanced technology for greater operational efficiencies. The 24 additional 737NGs, along with other 737NG aircraft already on order, will give Continental the flexibility to continue to grow while replacing older, less efficient 737 classic aircraft, such as the company's 737-300 aircraft. Continental has arranged backstop financing for the additional 737NG aircraft.
Delivery Schedule
This new order will bring Continental's firm commitments for new aircraft to 88 (20 Boeing 787s, two Boeing 777s and 66 Boeing 737s). The first of the 20 Boeing 787 aircraft is scheduled for delivery in 2009, and the first additional 737NG will be scheduled for delivery in 2008.
Well-Managed Fleet Plan
Since announcing its fleet modernization program a decade ago, Continental has reduced the number of airplane types in its fleet from nine to three and reached its goal of operating one of the most efficient fleets among U.S. airlines. More than 70 percent of its fleet consists of common-rated Boeing 737 series aircraft, which allow for greater efficiencies in pilot training, enhanced crew flexibility, increased savings from simplified maintenance and reduced spare parts inventory costs. The following chart lists the type and number of aircraft in Continental's current fleet.
Aircraft type No. in Fleet
777-200ER 18
767-400ER 16
767-200ER 10
757-300 17
757-200 41
737-900 12
737-800 99
737-700 36
737-500 63
737-300 48
Total 360
Winglets Provide Fuel Savings
Continental is installing winglets on its 757-200 and 737-700/-800 aircraft. Winglets, in combination with the company's young, fuel-efficient fleet, provide a natural hedge against soaring fuel costs. Winglets reduce drag on an aircraft's wings, increasing fuel efficiency by up to 5 percent. Continental has installed winglets on 126 Boeing 737 and 24 Boeing 757 aircraft.
A Decade of International Growth
With over $3 billion invested in its hub facilities at New York, Cleveland and Houston and a fleet plan that has been carefully managed over the last decade, Continental has positioned itself for successful growth. Last year, Continental completed one of the most aggressive international expansions in the company's history, including first-ever nonstop service between its New York hub at Newark Liberty International Airport and Delhi, India; and Beijing, China. In May 2006, the company launched three more international routes between New York/Newark and Cologne, Germany; Barcelona, Spain; and Copenhagen, Denmark. The airline now serves more international destinations than any other U.S. airline, with more nonstop destinations to Europe from the New York area and more destinations in Mexico from the U.S. than any other carrier.
Continental Airlines, together with Continental Express and Continental Connection, has more than 3,200 daily departures throughout the Americas, Europe and Asia, serving 151 domestic and 137 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 42,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 61 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.
For the third consecutive year, in 2006, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its annual list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication's 2006 America's Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including "Best Airline Based in North America" for the third year in a row, and "Best Executive/Business Class" for the fourth consecutive year. For more company information, visit continental.com.
Source: Continental Airlines
Continental Airlines Orders 10 More Boeing 787s and 24 More Boeing 737s
Tuesday June 6, 11:34 am ET
Airline Gains Flexibility to Replace Less Efficient Aircraft and Continue Successful Growth
HOUSTON, June 6 /PRNewswire-FirstCall/ -- Continental Airlines (NYSE: CAL - News) today announced that it has ordered 10 additional Boeing 787 Dreamliner aircraft, bringing to 20 the total number of 787s the company has ordered from The Boeing Company and making Continental the largest U.S. customer for Boeing's newest widebody aircraft.
In addition, the company will acquire 24 more Boeing Next-Generation 737 (737NG) aircraft, bringing the total number of Boeing 737NGs in its fleet to 213 when these aircraft, and pre-existing firm order 737NG aircraft, are delivered.
"These aircraft will give us the ability to seize long-haul market opportunities, remove less efficient aircraft from our fleet and maintain our role as a global network leader," said Larry Kellner, Continental's chairman and CEO. "We continue to target 5 to 7 percent annual growth in capacity. Our fleet plan remains flexible, permitting us to respond appropriately to market conditions."
Working together with its valued business partners at Boeing, Continental has been acquiring modern, fuel-efficient aircraft over the past decade, giving the airline a natural fuel hedge and an advantage over its competitors. Since 1998, the company has improved fuel efficiency by nearly 25 percent per available seat mile as a result of several factors including fleet modernization, implementation of fuel-saving technology like winglets, and improved operating procedures.
787s Optimal for International Growth
The Boeing 787 is the optimal aircraft to support Continental's strategy for continued international growth. With expanded range capabilities, unmatched fuel efficiency and superior operating economics, the 787s will allow the company to replace less efficient widebody aircraft, such as the company's 767-200 aircraft, and target additional long-haul markets. The 787s will also give Continental the ability to offer more capacity on international routes that need larger aircraft to support traffic growth.
737NGs Provide Fleet Flexibility
One of the world's most popular and reliable aircraft the Boeing 737NGs feature advanced technology for greater operational efficiencies. The 24 additional 737NGs, along with other 737NG aircraft already on order, will give Continental the flexibility to continue to grow while replacing older, less efficient 737 classic aircraft, such as the company's 737-300 aircraft. Continental has arranged backstop financing for the additional 737NG aircraft.
Delivery Schedule
This new order will bring Continental's firm commitments for new aircraft to 88 (20 Boeing 787s, two Boeing 777s and 66 Boeing 737s). The first of the 20 Boeing 787 aircraft is scheduled for delivery in 2009, and the first additional 737NG will be scheduled for delivery in 2008.
Well-Managed Fleet Plan
Since announcing its fleet modernization program a decade ago, Continental has reduced the number of airplane types in its fleet from nine to three and reached its goal of operating one of the most efficient fleets among U.S. airlines. More than 70 percent of its fleet consists of common-rated Boeing 737 series aircraft, which allow for greater efficiencies in pilot training, enhanced crew flexibility, increased savings from simplified maintenance and reduced spare parts inventory costs. The following chart lists the type and number of aircraft in Continental's current fleet.
Aircraft type No. in Fleet
777-200ER 18
767-400ER 16
767-200ER 10
757-300 17
757-200 41
737-900 12
737-800 99
737-700 36
737-500 63
737-300 48
Total 360
Winglets Provide Fuel Savings
Continental is installing winglets on its 757-200 and 737-700/-800 aircraft. Winglets, in combination with the company's young, fuel-efficient fleet, provide a natural hedge against soaring fuel costs. Winglets reduce drag on an aircraft's wings, increasing fuel efficiency by up to 5 percent. Continental has installed winglets on 126 Boeing 737 and 24 Boeing 757 aircraft.
A Decade of International Growth
With over $3 billion invested in its hub facilities at New York, Cleveland and Houston and a fleet plan that has been carefully managed over the last decade, Continental has positioned itself for successful growth. Last year, Continental completed one of the most aggressive international expansions in the company's history, including first-ever nonstop service between its New York hub at Newark Liberty International Airport and Delhi, India; and Beijing, China. In May 2006, the company launched three more international routes between New York/Newark and Cologne, Germany; Barcelona, Spain; and Copenhagen, Denmark. The airline now serves more international destinations than any other U.S. airline, with more nonstop destinations to Europe from the New York area and more destinations in Mexico from the U.S. than any other carrier.
Continental Airlines, together with Continental Express and Continental Connection, has more than 3,200 daily departures throughout the Americas, Europe and Asia, serving 151 domestic and 137 international destinations. More than 400 additional points are served via SkyTeam alliance airlines. With more than 42,000 employees, Continental has hubs serving New York, Houston, Cleveland and Guam, and together with Continental Express, carries approximately 61 million passengers per year. Continental consistently earns awards and critical acclaim for both its operation and its corporate culture.
For the third consecutive year, in 2006, FORTUNE magazine named Continental the No. 1 Most Admired Global Airline on its annual list of Most Admired Global Companies. Continental was also named the No. 1 airline on the publication's 2006 America's Most Admired airline industry list. Additionally, Continental again won major awards at the OAG Airline of the Year Awards including "Best Airline Based in North America" for the third year in a row, and "Best Executive/Business Class" for the fourth consecutive year. For more company information, visit continental.com.
Source: Continental Airlines
Jun 6, 2006, 9:52 am
#12
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According to the CO Press Release, looks like it was 24 737NGs and not 34.
http://www.continental.com/vendors/d...1B&s=&i=PRNews
http://www.continental.com/vendors/d...1B&s=&i=PRNews
Jun 6, 2006, 10:11 am
#13
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"These aircraft will give us the ability to seize long-haul market opportunities, remove less efficient aircraft from our fleet and maintain our role as a global network leader," said Larry Kellner, Continental's chairman and CEO. "We continue to target 5 to 7 percent annual growth in capacity. Our fleet plan remains flexible, permitting us to respond appropriately to market conditions."
Jun 6, 2006, 10:13 am
#14
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Anyone else find it interesting that they did not specify which model of the 737NGs?
Jun 6, 2006, 10:27 am
#15
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Originally Posted by apirchik
As all the wide-bodies in CO are brand new, I believe Larry refers to the 737-500 and 300s in the highlighted text. It's possible some of the new 737s will be 73G to replace identical configured 733s.