Please disable Ad Blocker before you can visit the website !!!

Boeing Long

by SignalFactory   ·  June 4, 2020 | 15:11:20 UTC  

Boeing Long

by SignalFactory   ·  June 4, 2020 | 15:11:20 UTC  

Tension is building within Boeing about whether to keep the Boeing 747 in production beyond the current order backlog, as a decision looms on the future of the iconic aircraft.

Crunch-time for the manufacturer is approaching as it must decide whether to establish a new supply of key structures for the 747-8 following production partner Triumph’s decision to exit the program, or turn away customers for additional orders and declare an end to the iconic aircraft.

The last commitments for the B747-8 Freighter came in 2018 when UPS ordered 14 units and Volga Dnepr signed for four. Production of the passenger B747-8I variant concluded in 2017 after 47 aircraft had been shipped. Total B747-8F deliveries stand at 90 aircraft. The entire firm backlog of 13 aircraft is for UPS (Boeing excludes Volga-Dnepr’s order from the backlog under ASC 606 accounting rules). UPS is also the largest B747-8F customer, with 28 orders in total.

Sources told FlightGlobal that with the decision looming over whether to shore up the B747’s future, there is increasing internal tension about whether or not to continue production. FlightGlobal has learned that approaches from two customers about potential new orders did not elicit any response from Seattle.

Also, within the last two years, five B747-8F customers are understood to have penned a joint letter seeking Boeing to clarify its position on the program’s future.

Despite being in the sunset phase of its life, the B747-8F offers unique cargo-carrying capabilities. At 138 tonnes, the B747-8F has significantly greater payload than the next largest civil freighter – the B777F at 102 tonnes – and also offers the flexibility of nose-loading for outsize cargo. Its demise would leave cargo carriers facing a crucial role in the availability of new-build large capacity freighters.

Boeing confirmed that based on the current output rate of around 0.5 aircraft a month, delivery of the remaining UPS order should be concluded in just over two years; UPS says its deliveries will run through to 2022.

Triumph, through the legacy of its Vought division, has been part of the B747 program since its start more than half a century ago. On the B747-8, the company had responsibility for fuselage panels across the entire aircraft, apart from the section 41 nose assembly, along with floor beams, doors, fin and tailplane (including rudders and elevators). It also produced the section 48 aft fuselage assembly. The bulk of the work was carried out at its plants in Hawthorne, California, and Marshall Street, Grand Prairie, Texas.

Sources indicate that Triumph is supplying Boeing with sufficient structures to complete its backlog, but any additional aircraft will need to tap a new line – be it through internal sourcing or an external supplier. It is understood that Boeing has determined a minimum number of orders required to commit to a new supply-line and extend B747 production – a figure believed to be close to 100 aircraft.

Boeing Long (Buy)

ENTER AT: 185.56

T.P_1: 196.88

T.P_2: 222.34

T.P_3: 253.33

T.P_4: 279.34

T.P_5: 323.39

T.P_6: 358.75

S.L: 120.25

All information on this website is of a general nature. The information is not adapted to conditions that are specific to your person or entity. The information provided can not be considered as personal, professional or legal advice or investment advice to the user. This website and all information is intended for educational purposes only and does not give financial advice. Signal Factory is not a service to provide legal and financial advice; any information provided here is only the personal opinion of the author (not advice or financial advice in any sense, and in the sense of any act, ordinance or law of any country) and must not be used for financial activities. Signal Factory does not offer, operate or provide financial, brokerage, commercial or investment services and is not a financial advisor. Rather, Signal Factory is an educational site and a platform for exchanging Forex information. Whenever information is disclosed, whether express or implied, about profit or revenue, it is not a guarantee. No method or trading system ensures that it will generate a profit, so always remember that trade can lead to a loss. Trading responsibility, whether resulting in profits or losses, is yours and you must agree not to hold Signal Factory or other information providers that are responsible in any way whatsoever. The use of the system means that the user accepts Disclaimer and Terms of Use. Signal Factory is not represented as a registered investment consultant or brokerage dealer nor offers to buy or sell any of the financial instruments mentioned in the service offered. While Signal Factory believes that the content provided is accurate, there are no explicit or implied warranties of accuracy. The information provided is believed to be reliable; Signal Factory does not guarantee the accuracy or completeness of the information provided. Third parties refer to Signal Factory to provide technology and information if a third party fails, and then there is a risk that the information may be delayed or not delivered at all. All information and comments contained on this website, including but not limited to, opinions, analyzes, news, prices, research, and general, do not constitute investment advice or an invitation to buy or sell any type of instrument. Signal Factory assumes no responsibility for any loss or damage that may result, directly or indirectly, from the use or dependence on such information. All information contained on this web site is a personal opinion or belief of the author. None of these data is a recommendation or financial advice in any sense, also within the meaning of any commercial act or law. Writers, publishers and affiliates of Signal Factory are not responsible for your trading in any way. The information and opinions contained in the site are provided for information only and for educational reasons, should never be considered as direct or indirect advice to open a trading account and / or invest money in Forex trading with any Forex company . Signal Factory assumes no responsibility for any decisions taken by the user to create a merchant account with any of the brokers listed on this website. Anyone who decides to set up a merchant account or use the services, free of charge or paid, to any of the Forex companies mentioned on this website, bears full responsibility for their actions. Any institution that offers a service and is listed on this website, including forex brokers, financial companies and other institutions, is present only for informational purposes. All ratings, ratings, banners, reviews, or other information found for any of the above-mentioned institutions are provided in a strictly objective manner and according to the best possible reflection of the materials on the official website of the company. Forex trading is potentially high risk and may not be suitable for all investors. The high level of leverage can work both for and against merchants. Before each Forex investment, you should carefully consider your goals, past experience and risk level. The opinions and data contained on this site should not be considered as suggestions or advice for the sale or purchase of currency or other instruments. Past results do not show or guarantee future results. Neither Signal Factory nor its affiliates ensure the accuracy of the content provided on this Site. You explicitly agree that viewing, visiting or using this website is at your own risk.

Signal Factory is now on Telegram

make sure to join our Telegram channel now and you will not miss any update