Sunday, November 12, 2006
Oy Vey: Airbus Dealt Another Blow, Boeing Captures the Crumbs
Last week shipping giant FedEx Express CANCELED its firm order and options for twenty super-jumbo Airbus 380 freighters
. At list prices, this deal could have been worth $6 billion.
FedEx stated that its reason for canceling this large order was due to the substantial delays in the A380 project.
FedEx then turned around and placed a firm order with Boeing for 15 777 freighters and took options on 15 more. The firm orders are worth $3.48 billion to Boeing.
Cletis is very suspicious of FedEx's stated reason for canceling the Airbus order and then placing an order with Boeing. This is because the 777 freighter is NOT a comparable substitute for the A380F. The 777 freighter has a max payload of 229,000 lbs and a range of 4,885 nautical miles. In contrast, the A380F has a max payload of 335,000 lbs and a range of 5,600 nautical miles.
Replacing one freighter with another freighter that carries one-third less cargo, with a range that's about one-quarter less does not appear to be an equal substitution. In fact, FedEx could have replaced the A380 orders with more comparable substitutes. Boeing's 747-400ER Freighter--an existing airplane--has a max payload of 272,600 lbs and a range of 4,970 nautical miles. Or they could have ordered the forthcoming 747-800 Freighter, due to be released in 2008, which will have a max payload of 308,000 pounds and a range of 4,475 nautical miles. But FedEx didn't do so.
Cletis's Conspiracy Theory: FedEx may have used the Airbus delays as an excuse to configure their fleet differently than it had planned when it first ordered the A380. The 777 Freighter is clearly designed to serve a different freight mission than the A380F. The Bottom Line is that FedEx may have not been completely honest in its reasons for the large cancellation.
. At list prices, this deal could have been worth $6 billion.FedEx stated that its reason for canceling this large order was due to the substantial delays in the A380 project.
FedEx then turned around and placed a firm order with Boeing for 15 777 freighters and took options on 15 more. The firm orders are worth $3.48 billion to Boeing.Cletis is very suspicious of FedEx's stated reason for canceling the Airbus order and then placing an order with Boeing. This is because the 777 freighter is NOT a comparable substitute for the A380F. The 777 freighter has a max payload of 229,000 lbs and a range of 4,885 nautical miles. In contrast, the A380F has a max payload of 335,000 lbs and a range of 5,600 nautical miles.
Replacing one freighter with another freighter that carries one-third less cargo, with a range that's about one-quarter less does not appear to be an equal substitution. In fact, FedEx could have replaced the A380 orders with more comparable substitutes. Boeing's 747-400ER Freighter--an existing airplane--has a max payload of 272,600 lbs and a range of 4,970 nautical miles. Or they could have ordered the forthcoming 747-800 Freighter, due to be released in 2008, which will have a max payload of 308,000 pounds and a range of 4,475 nautical miles. But FedEx didn't do so.
Cletis's Conspiracy Theory: FedEx may have used the Airbus delays as an excuse to configure their fleet differently than it had planned when it first ordered the A380. The 777 Freighter is clearly designed to serve a different freight mission than the A380F. The Bottom Line is that FedEx may have not been completely honest in its reasons for the large cancellation.
Comments:
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I'm shocked! Shocked that a corporation would invent a plausible sounding reason to back out its commitments. I'm even more shocked that a world class org like Fed Ex would have a change of heart as to what it needs to succeed!!!
# posted by 
: 10:34 AM
: 10:34 AM
I've noticed the rate of posts has decreased significantly over the last few weeks and frandly i couldn't be more pleased. Who do you think you are making fun of the great late Ernie Earnhardt. Oh sure we may were white tank tops and our hair may be a little short in the front, long in the back, but i can guarantee you when we're in god's kingdom and you are serving eternity in hel, well we will be laughing all the way from our 40' trailers. So here's some advise to you cletis and your elitist snobby band of satan worshipping men, take jesus christ and ernie Earnhardt as your personal saviors or rot in hel!
signed,
benny hinn
signed,
benny hinn
# posted by : 1:17 PM
: 1:17 PM
I've noticed the rate of posts has decreased significantly over the last few weeks and frandly i couldn't be more pleased. Who do you think you are making fun of the great late Ernie Earnhardt. Oh sure we may were white tank tops and our hair may be a little short in the front, long in the back, but i can guarantee you when we're in god's kingdom and you are serving eternity in hel, well we will be laughing all the way from our 40' trailers. So here's some advise to you cletis and your elitist snobby band of satan worshipping men, take jesus christ and ernie Earnhardt as your personal saviors or rot in hel!
signed,
benny hinn
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signed,
benny hinn
# posted by : 1:18 PM
: 1:18 PM << Home
