Royal Air Maroc Expects First 787 This Year - Minister
April 11 2011 - 1:35PM
Dow Jones News
Royal Air Maroc expects to receive the first of its delayed 787
aircraft from Boeing Co. (BA) before the end of the year, the
country's industry minister said Monday.
The state-controlled Moroccan flag carrier is the European
launch customer for the jet, having agreed a firm order for four in
2005 that were slated to arrive by the end of 2008 before
production and design issues pushed back the aircraft's
introduction.
Ahmed Chami, Morocco's minister of industry, trade and new
technologies, said in an interview in Chicago that the airline
expected its first 787 to arrive by year-end. He plans to visit
Boeing in Seattle this week, and aerospace is one of a number of
industry "clusters" where Morocco plans to expand, leveraging its
proximity to Europe and low labor costs.
Boeing has said it plans to deliver as many as 20 787s this
year, with the first for All Nippon Airways Co. (9202.TO), or ANA,
arriving in the third quarter. Media reports had suggested all of
the 2011 deliveries would be to Asia-based carriers, including
Japan Airlines Corp., China Southern Airlines Co. Ltd. (1055.HK)
and Air India, as well as ANA.
The manufacturer has already painted Royal Air Maroc's first
787--the third to move down the production line and the first with
engines from General Electric Co. (GE)--but declined to comment on
when the Moroccan airline would receive its first planes.
"With the exception of the first delivery to ANA, we are not
identifying the order (or dates) in which customers will receive
their 787s," the company said in a statement. "We'll deliver
airplanes when they're ready, which will not always be in the order
that they went down the production line."
Casablanca-based Royal Air Maroc has been developing the city as
a gateway to Africa and operates 41 Boeing 737s, the largest fleet
of the type in the region.
The airline has been viewed as a candidate for
part-privatization in recent years, though Chami discounted any
imminent move.
"Today, there are no plans to privatize," he said.
-By Doug Cameron, Dow Jones Newswires; 312-750-4135;
doug.cameron@dowjones.com
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