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Firm Orders

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BUSINESS
May 22, 1987
The Seattle-based aerospace company said the orders, placed by four airlines, are for the model 500 version of its successful 737 twin jet airliner. The $2.1-billion deal includes the 51 firm orders, and options for 22 more planes and spare parts, Boeing said. The 737-500 will have about the same passenger capacity as the older 737-200, but adds the advanced technology featured in the 737-300 and 737-400 series.
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BUSINESS
February 5, 2013 | By W.J. Hennigan, Los Angeles Times
Air Lease Corp., the Century City aircraft-leasing firm, has placed a $9-billion order for Airbus jetliners. The deal, based on aircraft list price, includes an order for 25 A350 XWB wide-body passenger jets, which compete with Boeing Co.'s grounded 787 Dreamliner. Air Lease also ordered 14 smaller A321neos. Airbus announced the deal Monday. "The A350 XWB family is becoming the industry benchmark for efficiency in the long haul segment, and the A320neo family is ideal for airlines operating short-to-medium-haul missions," Air Lease Corp.
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BUSINESS
February 4, 2013 | By W.J. Hennigan
Air Lease Corp., the Century City aircraft-leasing firm, has placed an order for $9-billion worth of jetliners with Airbus. The deal, based on aircraft list price, includes an order for 25 A350 XWBs, which is a competitor to Boeing Co.'s grounded 787 Dreamliner. Air Lease also firmed up an order to buy 14 A321neos. Airbus announced the deal Monday. "The A350 XWB Family is becoming the industry benchmark for efficiency in the long haul segment, and the A320neo Family is ideal for airlines operating short to medium haul missions,” Air Lease Corp.
BUSINESS
June 9, 1989
Airbus Has Orders for Stretched Jet: Airbus Industrie said it has received 18 firm orders valued at roughly $810 million for a stretched version of its A320 medium-range passenger jet. Jean Pierson, head of the European commercial aircraft consortium, told reporters at the Paris Air Show that orders include 12 planes for Beverly Hills-based International Lease Finance Corp. and six for Egyptair. Pierson said he was confident that Airbus will have the 40 firm orders it needs to proceed with the aircraft, but a decision is not expected until September.
BUSINESS
December 30, 1994 | From Times Staff and Wire Reports
Airbus Lands Big Order: International Lease Finance Corp., a major commercial jetliner leasing company based in Beverly Hills, placed firm orders for 30 single-aisle jets built by Airbus Industrie of Europe. ILFC, a unit of American International Group Inc., ordered eight A319s, 13 A320s and nine A321s. The company also took an option on 10 additional Airbus planes. The value of the deal was not disclosed, though the sticker price for the firm orders totals $1.4 billion.
BUSINESS
May 20, 1989 | ROBERT E. DALLOS, Times Staff Writer
United Airlines, which only last month placed the largest aircraft order in U.S. commercial aviation history, Friday ordered up to 32 more Boeing airplanes worth as much as $3 billion. The order for 767-300ER extended range aircraft brings Boeing's 1989 tally of firm and optional orders to 543 aircraft worth $30.11 billion--surpassing, in dollar terms, last year's record orders of 636 airplanes worth $29.7 billion. The latest agreement between the airline and the Seattle manufacturer includes 16 firm orders and 16 options.
BUSINESS
August 1, 1985
The value of the contract, the biggest in the Dutch aircraft manufacturer's history, is $350 million, the company said, adding that the Washington-based airline took options on 20 more aircraft of the same type. The order is a major breakthrough for Fokker, which introduced the F-100 medium-range plane earlier this year. So far, 38 firm orders have been placed for the aircraft, which seats 105.
BUSINESS
June 21, 1989
Fokker Says Pan Am Order Close: Dutch aircraft maker Fokker NV said it was close to winning a $673-million order from Pan Am Corp. for 30 Fokker 100 planes, a deal that would speed the company's financial recovery. A spokesman said he expected Pan Am to make a decision within 30 days. Pan Am would use the 106-passenger twin-jet planes, powered by Rolls-Royce Tay engines, for flights in West Germany and on European feeder lines to London. The firm has 217 firm orders and 175 options for the Fokker 100 if the Pan Am contract is included.
BUSINESS
February 4, 1996
"MD-11 May Be Doomed, Analysts Say, but McDonnell Douglas Says No Way" (Jan. 20) could be a college case study in negative thinking. Certainly there is no joy at McDonnell Douglas about a very large accounting charge on the MD-11 in the last quarter of 1995. Just as certainly, there is none of the doom or gloom conveyed to readers of The Times through this "news analysis." The Times seems to put much weight on an unspoken assumption that prospects are dim for future MD-11 sales.
BUSINESS
June 11, 2012 | Bloomberg News
Warren Buffett's Berkshire Hathaway Inc. will buy as many as 425 planes from Bombardier Inc. and Textron Inc.'s Cessna in a deal valued at $9.6 billion as the billionaire investor bets on an increase in luxury travel. The transaction covers as many as 275 Bombardier Challenger aircraft, including 100 firm orders, Berkshire's NetJets unit said Monday. The Cessna portion of the transaction consists of as many as 150 Citation Latitude jets, of which 25 orders are firm, according to NetJets.
BUSINESS
March 2, 2011 | Bloomberg News
NetJets Inc., the business jet operator owned by Warren Buffett's Berkshire Hathaway Inc., said it placed a record order for as many as 120 Bombardier Inc. planes in anticipation of a rebound in luxury travel. The agreement, worth more than $6.7 billion at list prices, comprises 50 firm orders and 70 options, NetJets said Wednesday. Bombardier said it's the largest business aircraft sale in the company's history. How much Columbus, Ohio-based NetJets will pay for the aircraft, which will be delivered starting in the fourth quarter of 2012, wasn't disclosed.
BUSINESS
July 23, 2010 | W.J. Hennigan
Acrobatic fighter jets, gangly robotic aircraft and menacing attack helicopters jockeyed for the spotlight at the Farnborough International Airshow in England this week. But the biggest attention-grabbers at one of the world's largest aerospace showcases were staid businessmen in gray suits ordering billions of dollars worth of passenger jets. After one of the worst years ever for the aviation industry, airlines and aircraft leasing companies went on a buying spree, announcing orders worth nearly $30 billion, or more than three times last year's tally at the Paris Air Show.
BUSINESS
January 12, 2010 | By Karen E. Klein
Dear Karen: I'm shooting educational foreign language videos. Where can I get information on pricing, Internet sales and grants? Answer: Write a simple business plan and you'll learn about all the issues you must address as a start-up business owner. Diligent research -- online and at your local library -- can help you answer questions about pricing structure, sales and funding, all of which will come up in the planning process, said Bryan Howe, chief executive of MasterPlans, a professional business planning firm based in Portland, Ore. A business plan will also make you confront important issues you might not otherwise think of, such as intellectual property protection.
NATIONAL
August 11, 2008 | From Times Wire Reports
A bus run by the same company linked to a deadly Texas crash and being used by pilgrims heading to the same festival as the 17 victims was pulled out of service because it was unauthorized to operate, officials said. The bus was removed from operation in Carthage, Mo., where members of three Vietnamese Catholic congregations in Houston were headed when their bus blew a tire and skidded off the highway, said Debbie Hersman, spokeswoman for the National Transportation Safety Board. The Federal Motor Carrier Safety Administration ordered Iguala BusMex Inc. and Angel Tours Inc. to cease commercial operations, finding that the companies posed an "imminent hazard."
BUSINESS
July 9, 2007 | From the Associated Press
Boeing Co. unveiled its first fully assembled 787 on Sunday to an audience of thousands who packed into its wide-body assembly plant for the plane's extravagantly orchestrated premiere. With flight attendants on stage from each airline that has ordered the jet, the giant factory doors opened wide as the plane slowly moved into view to the strains of a song composed specially for the 787, which Boeing calls the Dreamliner.
BUSINESS
February 20, 1993 | From Times Staff and Wire Reports
Delta Further Cuts Aircraft Orders: Chairman and CEO Ronald Allen said the carrier plans to defer about $1.8 billion in aircraft spending over the next two years, up from $1.3 billion announced two months ago. Allen told securities analysts that the new cutbacks were necessary to return the nation's third-largest carrier to profitability.
BUSINESS
June 18, 1999 | Bloomberg News
Boeing Co. said five airlines will buy 25 of its planes for about $1.4 billion, bringing the value of orders it announced at this week's Paris Air Show to more than $3 billion. Southwest Airlines, Delta Air Lines, Hapag-Lloyd, Romanian carrier Tarom and Lauda Air Luftfahrt all ordered versions of Boeing's 737, 757 or 767 jetliners. Boeing has now secured 118 firm orders this year, including 62 at the air show.
BUSINESS
June 19, 2007 | From the Associated Press
Airbus stole the spotlight from U.S. rival Boeing Co. during the opening of the Paris Air Show on Monday, announcing airliner deals worth about $43 billion. Boeing, in contrast, tallied up orders worth $4.4 billion. Some, but not all, of the Airbus orders were new, including Qatar Airlines' purchase of 80 of Airbus' A350s, worth more than $18 billion.
CALIFORNIA | LOCAL
April 7, 2006 | Tim Reiterman, Times Staff Writer
A former official of the North Coast timber giant Pacific Lumber Co. contends in a lawsuit that the company's president ordered him to conceal the presence of underground contaminants to avoid a costly cleanup and to expedite construction of sawmill facilities in Humboldt County. A Pacific Lumber spokesman said the allegations were not true and added that the plaintiff's contention that he had been fired also was not true. Humboldt County Dist. Atty.
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