This item just hit Reuters:
ANA to buy 60 Boeing planes for $5.7 bln - paperLooking at this new plan, it looks like 787 compensation may be playing a role in this order. At list prices, those 59 aircraft should cost about $7.1 billion. (assumptions: split 14 and 14 737s and 787-8s). With 5.7 billion to spend, that's a $1.4 billion discount (about 20%) and I'm sure it'll go even deeper.TOKYO, Jan 31 (Reuters) - All Nippon Airways (9202.T: Quote, Profile, Research), Japan's second-largest airline, will spend about 600 billion yen ($5.7 billion) to buy about 60 new fuel-efficient planes from Boeing (BA.N: Quote, Profile, Research), the Nikkei business daily reported on Thursday.
ANA will buy the new planes over the next four years to combat soaring jet fuel prices, the newspaper said.
The new fleet is expected to include 28 Boeing 737-700s and 737-800s, 26 midsize 787s and five of the larger 777-300s, the Nikkei said. ($1=106.23 Yen)
Image Courtesy of The Boeing Company
on January 31, 2008 8:23 AM | Reply
20% is nothing. Discounts of 30% are common. This so far is no bid deal.
on January 31, 2008 1:09 PM | Reply
20% discount is nothing and certainly not indicative of 787 compensation. Discounts of 25%-30% aren't at all uncommon. I don't think compensation is at hand yet.
on January 31, 2008 1:58 PM | Reply
Er, it appears that this could simply be the restatement of ANA's existing purchasing plans. Note that the numbers of all of these proposed purchases fall within ANA's existing announced order backlog with Boeing.
on January 31, 2008 2:45 PM | Reply
Airbus knocks down prices to entice airlines to purchase A350
Scott is right, 20% discount is nothing.
on January 31, 2008 5:35 PM | Reply
According to Blog "James Wallace on Aerospace"
http://blog.seattlepi.nwsource.com/aerospace/archives/130692.asp
Quote: "UPDATE: The report from Reuters was wrong. Those 59 jets were among the ones previously ordered."
Not to taken away from Boeing's outstanding record on the 787...and 737!