{"id":125254,"date":"2011-10-17T16:09:23","date_gmt":"2011-10-17T23:09:23","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=125254"},"modified":"2011-10-17T16:09:23","modified_gmt":"2011-10-17T23:09:23","slug":"china-eastern-cancels-order-for-24-boeing-787-dreamliner-jets","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2011\/10\/china-eastern-cancels-order-for-24-boeing-787-dreamliner-jets\/","title":{"rendered":"China Eastern Cancels Order for 24 Boeing 787 Dreamliner Jets"},"content":{"rendered":"<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970204479504576637471348409188.html\"><strong>Due to the delays of the Boeing 787 &#8220;Dreamliner&#8221; Jets, China Eastern Airlines has substituted the 787 Dreamliners with 737s at a significantly reduced price.<\/strong><\/a> From The Wall Street Journal:<\/p>\n<blockquote><p>China Eastern reached an agreement with Boeing to substitute its order with 737s, Boeing&#8217;s workhorse single-aisle plane. Chicago-based Boeing said in a statement that China Eastern made the decision based on &#8220;operational considerations.&#8221;<\/p>\n<p>The Chinese airline negotiated &#8220;significant price concessions&#8221; to lower the cost of the 737s below 2008 catalog prices totaling $3.3 billion, the airline said in its filing with the Hong Kong stock exchange. The planes will be delivered from 2014 to 2016.<\/p>\n<p>&#8220;We don&#8217;t see this as a sign of further problems with the 787,&#8221; RBC Capital Markets analyst Robert Stallard said in a research note Monday. He added that Boeing may be able to re-sell some of the cancelled jets at higher prices, which would boost margins for the 787 project. He said &#8220;Boeing probably priced these 787s to China quite aggressively.&#8221;<\/p><\/blockquote>\n<p>Along with the renegotiated Boeing deal, <a href=\"http:\/\/www.businessweek.com\/news\/2011-10-17\/china-eastern-drops-boeing-787-order-for-737s-on-delay-economy.html\"><strong>China Eastern also procured 15 Airbus A330s<\/strong>.<\/a> From BusinessWeek:<\/p>\n<blockquote><p>\u201cAirlines are generally reluctant to take early deliveries of the 787, given the well-publicized problems with weight and the usual entry-into-service challenges,\u201d said Rob Stallard, an analyst with RBC Capital Markets in New York. \u201cOn the flip side, Boeing could have some open delivery slots for the 737NG around the middle of the decade, as it gets ready for initial shipments of the MAX.\u201d<\/p>\n<p>China Eastern chose the A330, which carries 250 to 300 passengers, as the \u201cnear-term solution compared to the 787,\u201d which seats up to 290, said Stefan Schaffrath, a spokesman for Airbus in Toulouse, France.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Due to the delays of the Boeing 787 &#8220;Dreamliner&#8221; Jets, China Eastern Airlines has substituted the 787 Dreamliners with 737s at a significantly reduced price. From The Wall Street Journal: China Eastern reached an agreement with Boeing to substitute its order with 737s, Boeing&#8217;s workhorse single-aisle plane. Chicago-based Boeing said in a statement that China [&hellip;]<\/p>\n","protected":false},"author":987,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[116,2,6],"tags":[2097,5499,5883],"class_list":["post-125254","post","type-post","status-publish","format-standard","hentry","category-world","category-economy","category-sci-tech","tag-airbus","tag-airline-industry","tag-boeing","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China Eastern Cancels Order for 24 Boeing 787 Dreamliner Jets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2011\/10\/china-eastern-cancels-order-for-24-boeing-787-dreamliner-jets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Eastern Cancels Order for 24 Boeing 787 Dreamliner Jets\" \/>\n<meta property=\"og:description\" content=\"Due to the delays of the Boeing 787 &#8220;Dreamliner&#8221; Jets, China Eastern Airlines has substituted the 787 Dreamliners with 737s at a significantly reduced price. 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Chicago-based Boeing said in a statement that China [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2011\/10\/china-eastern-cancels-order-for-24-boeing-787-dreamliner-jets\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2011-10-17T23:09:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"zhou shuren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cdt\" \/>\n<meta name=\"twitter:site\" content=\"@cdt\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"zhou shuren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\/\/chinadigitaltimes.net\/2011\/10\/china-eastern-cancels-order-for-24-boeing-787-dreamliner-jets\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2011\/10\/china-eastern-cancels-order-for-24-boeing-787-dreamliner-jets\/\"},\"author\":{\"name\":\"zhou shuren\",\"@id\":\"https:\/\/chinadigitaltimes.net\/#\/schema\/person\/94822a712b990514cfc143c6cb4c484e\"},\"headline\":\"China Eastern Cancels Order for 24 Boeing 787 Dreamliner Jets\",\"datePublished\":\"2011-10-17T23:09:23+00:00\",\"dateModified\":\"2011-10-17T23:09:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/chinadigitaltimes.net\/2011\/10\/china-eastern-cancels-order-for-24-boeing-787-dreamliner-jets\/\"},\"wordCount\":274,\"publisher\":{\"@id\":\"https:\/\/chinadigitaltimes.net\/#organization\"},\"keywords\":[\"airbus\",\"airline industry\",\"Boeing\"],\"articleSection\":[\"China &amp; 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