Boeing will not restart deliveries of its 787 widebodies until the second half of this year, it has told suppliers, according to Reuters.
In a recent earnings call, American Airlines said it had expected to start receiving 787s again in the first half of this year, but that timeline had slipped.
"With the continued uncertainty associated with our 787 deliveries, we are now planning for the delivery of only seven 788s <787-8s> in 2022, all after our summer schedule, with the remaining six 788 aircraft being delivered in 2023. The four 789 <787-9> aircraft previously planned in late 2023 are now planned to be delivered in 2024," said American Airlines' chief financial officer, Derek Kerr.
In a recent interview with Airfinance Journal, Avolon's chief executive officer Domnhal Slattery talked about the lessor's discussions with Boeing about 787 delivery dates. "They literally don't have any clarity on the delivery," he said.
Executive chairman Steven Udvar-Hazy agreed. "Manana, Manana, manana" was Boeing's response to questions about the restart of 787 deliveries, Udvar-Hazy said.
"I have heard that for the past nine months. We have 11 787s in Charleston that are ready and painted, but we can't take delivery," he added.
In a March 2022 report, Novus Aviation Capital noted that Boeing had accumulated inventory of more than 100 undelivered 787s, "many of which will require rework before they can be delivered".
"Material uncertainty remains as to when Boeing will be able to recommence B787 deliveries given the number and complexity of the technical issues identified, especially given the heightened regulatory scrutiny that Boeing aircraft are now subject to in the wake of the MAX grounding," the Dubai-based lessor commented.
One conclusion Novus Aviation Capital drew from the delays - and from other issues around the Airbus A350 and the 777X - was that the constrained supply of new widebodies would "support the values and lease rates of existing twin-aisle aircraft".
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