Aviation
Mitsubishi and other Japanese firms set to build Boeing’s fifth 777X
TOKYO – Boeing Co has lined up Japanese companies, including Mitsubishi Heavy Industries (7011.T) and Kawasaki Heavy Industries (7012.T), to build one-fifth of its latest plane, the 777X, retaining Japan as its key Asian partner in commercial jetliners, two sources with knowledge of the U.S. company’s production plan said.
This would give the Japanese companies a share of the work on the new plane that is on par with the 21 percent of the 777 aircraft they have been making for two decades. But because Boeing plans eventually to build more planes per month, there should be a greater volume of work for the Japanese suppliers, one of the sources said. Boeing’s current production rate for the 777 is 8.3 a month.
A Boeing spokesman in Tokyo declined to confirm the information.
“Supply chain partnerships and production system decisions will be addressed at the appropriate time,” the spokesman said.
For Mitsubishi Heavy, Kawasaki Heavy, Fuji Heavy Industries (7270.T) and other Japanese suppliers, the high watermark for Boeing work so far is the 787 Dreamliner, with 35 percent of the carbon composite aircraft, including the wings, built in Japanese factories.
Delays in the planes’ development and delivery, due in part to the difficulties of managing an extended global supply chain, prompted Boeing to keep more of the 777X, including the wings, at home.
Mitsubishi Heavy, according to sources who spoke to Reuters last year, made a bid to win the wing business when workers in the United States at first rejected a labor deal that would have secured the build in Washington State. That proposal had called for producing wings for seven to 10 aircraft per month.
BOEING’S IMPORTANCE
Japan’s government sees the Boeing partnership as critical to rebuilding an aerospace industry that the U.S. dismantled after World War II.
Beginning with panels for the 747 jumbo, Japanese firms secured their ties to Boeing in the 1980s with a 16 percent share of the 767. That deepened further with their involvement in the 777 a decade later.
Boeing reckons that the business it gives Japan employs 22,000 engineers, accounting for around 40 percent of the country’s aerospace workforce.
For Boeing, building in Japan helped to secure sales in what was once Asia’s biggest aviation market, where it still dominates with an 80 percent share.
But a decision by Japan Airlines Co Ltd (9201.T) last year to order 31 A350 aircraft from Europe’s Airbus (AIR.PA) instead of the 777X prompted angst in Tokyo that Boeing would look for suppliers elsewhere, particularly in China which is now the biggest market in the region for passenger aircraft.
JAL’s rival ANA Holdings Inc (9202.T) helped to alleviate those worries last month when, as part of a 70 plane order, it bought a score of 777X jets as well as six 777s and 14 of the 787s.
– REUTERS
An Abuja-Accra flight experienced technical difficulties mid-air on Friday, forcing it to return to Abuja, shortly after departure.
The Nigerian Safety Investigation Board (NSIB) made the disclosure in a statement, adding that it has launched investigation into what it described as a serious accident.
Director, Public Affairs and Family Assistance, NSIB, Bimbo Olawumi Oladeji stated that preliminary investigations revealed the aircraft experienced an engine number two indication issue.
ALSO READ: BREAKING: Kyari Oversees NNPC Ltd’s Transparent Recruitment Aptitude Test
It was gathered that the aircraft, with registration number 5NKAL which was operating a flight from the Nnamdi Azikiwe Airport, Abuja (DNAA), to Kotoka International Airport, Accra (DGAA).
She explained that four persons were onboard when the incident occurred. The crew immediately requested for a diversion back to Abuja due to the engine indication.
Oladeji added that the crew managed to safely land the aircraft at Abuja Airport at 18:16 UTC.
There were no injuries reported, and all individuals on board are safe.
Nigeria has acquired 12 pre-owned Alpha Jets from the French Air Force as part of efforts to enhance the operational capacity of the Nigerian Air Force (NAF).
The deal, facilitated through SOFEMA, a French military and aeronautics company, was announced by Olusegun Dada, Special Assistant to President Bola Tinubu on via X on Thursday.
He said, “All the 12 aircraft are ready for shipping.”
The Alpha Jet, a product of Franco-German collaboration, is a versatile military aircraft designed for light attack and advanced training missions.
READ MORE: JUST IN: FG Battles Against Seizure Of Presidential Jets In France
Equipped to carry bombs, rockets, and missiles, the aircraft also features a gun pod for close air support.
The NAF already operates 11 Alpha Jets, but this latest procurement signals a significant boost to its fleet.
Dada also confirmed that the Air Force is expecting 24 M-346FA light attack aircraft, ordered during the administration of former President Muhammadu Buhari.
The first batch of these Italian-made aircraft is expected to arrive early next year.
Air Chief Marshal Hasan Abubakar, the Chief of Air Staff, described the acquisitions as a testament to President Tinubu’s commitment to bolstering the armed forces.
“This renewal of our aircraft fleet reflects the government’s commitment to ensuring the safety and security of Nigerians,” Abubakar said.
The announcement comes on the heels of President Tinubu’s three-day state visit to France, where he met with French President Emmanuel Macron.
The visit, which took place from November 27 to November 30, highlighted deepening ties between the two nations.
To ensure the sustainability of its expanding fleet, the Air Force has proposed establishing a local maintenance hub.
Speaking in October, Abubakar noted that six units of the M-346FA aircraft were already in production, with the initial batch of three expected to be delivered in early 2025. The full fleet is projected to arrive by 2026.
“These developments underscore the importance of creating a domestic support system for the long-term upkeep of our aircraft,” Abubakar added.
As the holiday season draws near, Aero Contractors has introduced a minimum ticket price of N80,000 for all local flights.
The move, which will last until January 2024, aims to ease the financial burden on Nigerians amid the high cost of living.
Ado Sanusi, Managing Director of Aero Contractors, made the announcement on Tuesday during a press briefing, describing the fare reduction as a gesture to help Nigerians celebrate Christmas and the New Year without the stress of steep ticket prices.
READ MORE: Bobrisky Defends Egungun of Lagos Amid Viral Video Scandal
Sanusi said, “We understand the economic hardship Nigerians are facing, especially with high ticket prices, and we know the holiday season is nearby.
“In the spirit of Christmas, Aero Contractors has introduced what we call pocket-friendly Christmas prices. These fares, starting at N80,000, will apply to all our destinations, allowing Nigerians to travel without excessive costs.”
As of Tuesday afternoon, an economy class ticket from Lagos to Abuja was priced at N99,643, while business class tickets were being sold for N189,167.
Sanusi further explained that the initiative was designed to make it easier for families to reunite during the holidays.
“This is a way for us, as an organization with a long history of serving Nigerians, to give back to our loyal customers. We want to make it possible for families to meet their loved ones during this festive season without worrying about exorbitant travel costs,” he added.
53 Convicts Benefit From Adeleke’s Prerogative Of Mercy
Ghana To Grant Visa-Free Entry To All African Nationals
Christmas: Shettima Assures Of FG’s Commitment To Citizens’ Welfare
Obi’s Inspiring Christmas Message Of Hope For Women’s Football
Yuletide: Adeleke Rejoices With Christians
Archbishop Martins Champions Clamour For Better Life For Nigerians
OSSG Raises Alarm Over Murder Plot By APC Chieftain
NCC, SMEDAN, NAICOM, SEC, Others Set for SUPERNEWS SMEs Conf June 13
Sahara’s Tonye Cole resigns from GPHCDA
Niger Delta Avengers: President Buhari Reads riot Act …considers the carrot and stick option
Oando opens ultra-modern petrol station in Lagos
