Wednesday, October 28, 2015

Kenya Airways finally taking last 2 787 on order

After being placed in storage for months, due to the expiration of the Export-Import Bank's charter and unable to line up other financing, Kenya Airways will be finally taking delivery of the 2 787-8s that had been built.  the aircraft will be delivered today with flyaway scheduled for Oct. 30th.

The Ex-Im bank fiasco kept the two aircraft in limbo while the carrier struggled to find alternate sources of financing the delivery payments to Boeing which would have been provided by the bank.  Politics kept the re-authorization of the charter stuck in committee until a large majority of Congress said enough is enough and used a little known and little used procedure to get the re-authorization out of committee and to the full House floor where it was approved last night.  The bill still has to be approved by the Senate before being signed into law.

I do suspect that Kenya should be able to get short term bridge financing until the Senate passes the re-authorization.

speaking of 787 deliveries, it appears that a 787-9 for KLM won't be delivered until December or maybe even later according to sources.  ZB234 (LN356, PH-BHA) has been expected to be delivered in mid November.  An interesting twist is that a sister ship, ZB235 (LN 368, PH-BHC) appears, for now, to be holding to its delivery schedule of mid November.  This development may indicate there these is some issue with ZB234 allowing ZB235 to jump in front of the delivery schedule. However this is all preliminary and ZB235's delivery may also be delayed.

13 comments:

Vab Andleigh said...

Quantas just added 5 more 789's, and converted 3 788's in Jetstar to 789's

http://www.reuters.com/article/2015/10/29/us-boeing-qantas-idUSKCN0SN28620151029

Uresh said...

Already reflected on the spreadsheets.

greg smith said...

El al committed to 15 787's as well.

Traveling Man said...

You know, I wouldn't expect China, Airbus, Boeing or the US government, or anybody else for that matter, to acknowledge this, but I wonder if the announcement yesterday of China signing on for 130 Airbus jets wasn't in part a response to the US sending a warship on a visit to those new artificial islands China is building in the South China Sea. They were pretty steamed about that.

Uresh said...

Doubt it, those deals are in works for months with an eye to signing when the Chinese president was visiting Germany.

Joshua Yuen Jia Jun said...

why is there no PH-BHB?

John N Mitchell said...

PH-BHB and PH-BHK are hot air balloons

graeme77 said...

El Al has committed to 16 aircraft with another 13-15 to come from lessors.
Why is this not reflected in the spreadsheets?
Anything to do with the little problem that the blog owner has with Israel and Jewish Self Determination, as expressed in his Twitter account?

Uresh said...

Graeme77,

Since you wanted to make an asshole of yourself I'm obliging. One...get your facts straight: El Al will be getting 15 NOT 16 787. 9 will be coming from Boeing and 6 will be leased not 13-15 as you stated. Two...I'l post it when I have more information like type of 787. Do you know which version they ordered? No? I didn't think so dickhead. Three...don't presume to know me or my feelings towards anything. You make an ass of yourself as you already did. So Graeme77 or what ever you call your self motherfucker, Go troll somewhere else but don't read my blog or tell me what do shithead.

John N Mitchell said...

Uresh, Excellent response!
Many Thanks for all of your awesome work.

Basil said...

Graham77 take a long walk off a very short pier!!!! Eg Piss off.

Uresh can you tell me if tHe QANTAS jets are in addition or part of the order 2 months ago?

Uresh said...

QANTAS announced their intention to firm the first 5 of the options that they held with Boeing a few months ago. They weren't firm then but the carrier and Boeing just firmed them last week and now they appear on Boeing O & D web site. I hope this helps.

Pat Paris said...

Go Uresh! You always give excellent responses but this was best. Good for you. The guys a prick.