Boeing
Focused on Max’s Safe Return to Service
- November 17, 2019, 12:26 AM
Max's safe return to
service
While emphasizing “safety, innovation, and
partnerships” at the Dubai Airshow, Boeing’s senior leaders said the company is
focused on returning the 737 Max to service and supporting customers and
supplier partners affected by the airplane’s grounding, while they also
expressed empathy for those most affected by the two fatal crashes of the
aircraft.
“Our thoughts remain with families and
victims, and we continue to support them economically and emotionally,” said
Stan Deal, president and CEO, Boeing Commerical Airplanes, at a briefing
yesterday. “All employees at Boeing have them in their thoughts, and we will use
these tragedies to refocus on safety, quality, and integrity.”
Leanne Caret, president and CEO of Boeing
Defense, Space & Security, and Ted Colbert, president and CEO of Boeing
Global Services, voiced similar sentiments.
Turning to other programs, Deal said the
in-development 777X will fly in early 2020, and “we plan to deliver the
airplane in the early 2021 timeframe, slightly later than originally hoped.”
Meanwhile, the company has a backlog of more than 5,500 commercial aircraft,
and with global demand forecast for more than 44,000 airliners over the next 20
years at an estimated value of $16 trillion, “the fundamentals remain in place”
for strong growth, Deal said.
Caret noted Boeing projects $2.5
trillion in defense and space market opportunities over the next decade and is
“continuing to see demand from the U.S. and partners around the world,” with a
significant portion coming from the Middle East. Caret cited the KC-46 Pegasus
aerial refueling tanker, the new T-7 jet trainer, and the CH-47F Chinook and
AH-64 Apache military helicopters as ideally suited to Middle East
customers.
Boeing is also the prime contractor for the
International Space Station, and Caret congratulated the UAE Space Agency and
astronaut Hazzaa Al Mansoori on his recent mission to the space station.
With less than 20 percent of the world’s
military aircraft fleet slated for replacement over the next decade, Boeing
also sees substantial demand for upgrades, maintenance, and service life
extension programs, creating large opportunities for its Global Services
division.ping the a
"The strength of Boeing is our
unrivaled ability to deliver lifecycle value for our customers," Colbert
said.
Boeing estimates global demand for $225
billion in commercial and government services over the next decade, with the
Middle East ranking fourth in global aftermarket growth behind the U.S.,
Europe, and Asia-Pacific.
Colbert said that Boeing maintains two parts
hubs in Dubai that stock some 1.7 million parts to support customers. With big
data analytics expected to play a growing role in predictive maintenance and
other aftermarket services, Boeing has been operating a digital analytics hub
in the UAE since 2007, although it’s been used primarily for flight planning
services through its Jeppesen division.
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