AGL 34.35 Decreased By ▼ -0.85 (-2.41%)
AIRLINK 131.50 Increased By ▲ 8.27 (6.71%)
BOP 5.15 Increased By ▲ 0.11 (2.18%)
CNERGY 3.85 Decreased By ▼ -0.06 (-1.53%)
DCL 8.11 Decreased By ▼ -0.04 (-0.49%)
DFML 44.97 Increased By ▲ 0.75 (1.7%)
DGKC 76.00 Increased By ▲ 1.65 (2.22%)
FCCL 25.15 Increased By ▲ 0.68 (2.78%)
FFBL 44.50 Decreased By ▼ -3.70 (-7.68%)
FFL 8.81 Increased By ▲ 0.03 (0.34%)
HUBC 143.44 Decreased By ▼ -2.41 (-1.65%)
HUMNL 10.50 Decreased By ▼ -0.35 (-3.23%)
KEL 3.94 Decreased By ▼ -0.06 (-1.5%)
KOSM 7.79 Decreased By ▼ -0.21 (-2.63%)
MLCF 33.32 Increased By ▲ 0.52 (1.59%)
NBP 57.00 Decreased By ▼ -0.15 (-0.26%)
OGDC 141.32 Decreased By ▼ -4.03 (-2.77%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.80 Increased By ▲ 0.04 (0.69%)
PPL 113.70 Decreased By ▼ -3.10 (-2.65%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.00 Decreased By ▼ -0.05 (-0.45%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.48 Decreased By ▼ -0.01 (-0.13%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.20 Decreased By ▼ -0.11 (-1.32%)
TREET 15.05 Decreased By ▼ -0.15 (-0.99%)
TRG 56.25 Increased By ▲ 1.05 (1.9%)
UNITY 27.55 Decreased By ▼ -0.30 (-1.08%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,632 Increased By 60.6 (0.71%)
BR30 26,976 Decreased By -299.9 (-1.1%)
KSE100 82,134 Increased By 674.4 (0.83%)
KSE30 26,057 Increased By 256.8 (1%)

Oman Air will decide whether to cancel an order worth up to $1.2 billion for six Boeing 787 Dreamliners after the plane's maiden flight, but the US planemaker has won few friends over its handling of delays, the carrier's chief executive said. Industry veteran Peter Hill said Boeing had failed to reassure customers that the 787 would promptly deliver the efficiencies promised by its revolutionary lightweight design.
He also predicted that a severe industry downturn caused by a mixture of weak demand and scarce credit, coupled with excess capacity, would last for another 18 months but said Oman Air had based its own growth plans on conservative forecasts. Boeing has said it expects to fly the lightweight, fuel-saving plane by the end of 2009 after two years of delays. "I think we will take a decision once it has flown. Let's see when it flies," said Hill, a British executive who joined Oman Air a year ago after more than four decades in airlines.
"There have to be concerns about Boeing's ability to deliver that aircraft as it was originally designed. My predecessors bought it on the basis of a whole load of performance guarantees and delivery dates. So far Boeing haven't demonstrated that the confidence we put in it is going to be met in the near future."
The airline has six 787s on order worth up to $200 million each at list prices through Kuwaiti aviation leasing firm Alafco. Delivery has been pushed back to 2014 from 2012. The 787 is designed to carry 210 to 290 people, boasting better environmental performance and comfort for passengers. Light composite materials make up half of its structure.
Hill said unanswered industry questions lingered over the weight, reliability and fuel economics of the 787, but conceded weight was a perennial problem in new aircraft types. "Boeing are playing it very close to their chest. It doesn't help for great dialogue between customers and the company and that is a criticism," Hill said.
"We are not being kept informed enough on what's really going on. That begs the question, do they really know how to solve some of these issues?" Boeing Chief Executive Jim McNerney said this month the planemaker had a "lot of confidence" in its latest 787 schedule. Oman Air is separately taking delivery of Airbus A330s and opening routes to London, Paris, Munich and Frankfurt.

Copyright Reuters, 2009

Comments

Comments are closed.