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“We have been consistent with both manufacturers (Airbus and Boeing) in saying get deliveries right today .. get your production and delivery systems up to scratch,” Barrett told Reuters. Airbus and Boeing (BA.N) are within reach of production rates at or close to 60 aircraft a month for their best-selling narrow-body models but have struggled with late deliveries. Both have begun exploring future output of about 70 jets a month to meet strong demand, but some of their engine makers are reluctant to back the move immediately, given difficulties experienced in switching to a new generation of fuel-saving engines.
The cautious tone on future production reflects recognition that manufacturers must first “get their house in order” and improve the timing and quality of aircraft already being delivered, Barrett said, Aircraft lessors who control about half the world’s fleet are traditionally cautious about production increases, fearing that a glut would knock values of assets they already own, But they have also been increasingly vocal about supply tiffany airplane cufflinks disruptions, SMBC Aviation, the world’s fourth-largest leasing company, has said the order for 65 planes first reported by Reuters included 15 Airbus A321neos, the largest medium-haul model..
Barrett said SMBC also had the option to upgrade A321neos to the longer-range A321LR version and that it is monitoring possible plans by Airbus for a longer-range A321XLR. Industry sources have said Airbus has stepped up pre-marketing for a 101-tonne A321XLR, which would expand the use of narrow-body jets for longer transatlantic trips. It is expected to launch it by mid-year to pre-empt Boeing proposals for a new mid-market jet with 220-270 seats. Barrett said SMBC would look at the possible new Boeing jet but its price and performance would be critical.
WINNIPEG, Manitoba (Reuters) - Canada’s two major railways are rationing space on trains traveling to the country’s biggest port and recently prioritized some commodities over others to deal with congestion, the latest indication of their struggle to meet demand from new trade deals, That move prompted Canada’s transport regulator last week to start an investigation into rail services around Port Metro Vancouver, after shippers complained of “discriminatory treatment of certain commodities” by Canadian National Railway tiffany airplane cufflinks (CN) (CNR.TO) and Canadian Pacific Railway (CP) (CP.TO)..
Canada is a top shipper of crops, fertilizer, oil and pulp, but has in recent years needed government intervention to keep commodities moving, from ordering railways to clear grain backlogs to Alberta’s crude oil curtailments this month due to full pipelines. Free-trade deals with the European Union and Pacific Nations are boosting demand for commodities, adding further strain to Canada’s transportation infrastructure. Currently, the United States and Mexico account for at least 75 percent of Canadian exports.
Both railways last month rationed the volume of traffic around Vancouver by restricting movement of some commodities, such as peas, lentils, pulp and paper, according to shipper notices seen by Reuters, The restrictions, called embargoes, are usually tiffany airplane cufflinks a tool of last resort for railways to ease congestion by temporarily limiting traffic, But in December, shippers allege that CN and CP used them more often than normal, harming some commodity sellers more than others in an effort to push through the maximum overall volume..
CP imposed embargoes on three specific transloaders - facilities that empty rail cars into containers for loading onto vessels. These transloaders handle peas and lentils, but were prevented from doing so in December for days at a time, said Greg Northey, director of industry relations at Pulse Canada. The delays caused some containers to miss their vessels, triggering contract breach penalties, Northey said. “It was a total mess,” he said. Embargoes also added costs for pulp and paper producers, who are trying to bolster ties with Asian buyers amid ongoing tariff disputes with the United States.
For a second consecutive year, the railways imposed more embargo restrictions on pulp and paper than usual tiffany airplane cufflinks in December, leading to shipping delays, according to the Forest Products Association of Canada, whose members include Canfor Corp (CFP.TO) and West Fraser Timber (WFT.TO), “We can’t do business like this if we want to diversify markets,” said association Chief Executive Derek Nighbor, “It’s just a missed opportunity.”, Poor rail service costs the forest products industry C$500 million ($376 million) annually, the association said, December’s problems cost mills as much as a further C$1 million each, it said..