The planes, which are meant to compete with Embraer and
Bombardier aircraft in the 100 - seat category, are a far cry from the Russian aircraft of years gone by (ie, I bumped my head when entering a Yakovlev - made aircraft flown by Cubana because they didn't bother to make the entryway as tall as a human being).
The investment will purchase 20
Bombardier aircraft that will form the core fleet of flymojo, the name of the new carrier.
About 300 employees will be hired by year - end to operate the first seven
Bombardier aircraft.
Keeping planes in the air is the primary goal for AirStart, an aviation company that leases, rents and sells components such as engines and landing gear to Airbus, Boeing and
Bombardier aircraft.
Not exact matches
Bombardier hopes the fuel - efficient
aircraft that's been in development for a decade will be a game - changer for the company, whose regional jets face an uncertain future amid increased competition.
Walter Spracklin of RBC Capital Markets said increased costs from the delay means that
Bombardier will need to sell more than 800
aircraft to break even, or 12 per cent market share over the next 20 years.
In the earlier announcement,
Bombardier said SaudiGulf's contract would increase to US$ 1.99 billion if the buyer exercises options to acquire another 10 of the 120 - to 160 - seat CS300
aircraft.
«We believe further negative news could be announced by
Bombardier in the near - term (from) reduced margin guidance, (and a) possible miss on 2013
aircraft deliveries,» Doerksen said.
This gives us confidence that we will meet our performance targets,» said Mike Arcamone, president
Bombardier Commercial
Aircraft.
Bombardier (TSX: BBD.B) shares plunged 35 cents or 7.74 per cent to $ 4.17 after the company announced the delay concerning its new CSeries
aircraft.
MONTREAL —
Bombardier Aerospace has delayed delivery of its first new CSeries commercial
aircraft by several months and potentially more than a year, saying it needs more time for testing and preparation.
Bombardier President of Commercial
Aircraft Fred Cromer speaks about the U.S.» intention to impose a 300 percent import duty on its C - Series a
Aircraft Fred Cromer speaks about the U.S.» intention to impose a 300 percent import duty on its C - Series
aircraftaircraft.
U.S trade tribunal has sided with Canada's
Bombardier in
aircraft dispute with Boeing over planes sold to Delta Air Lines.
In the midst of the dispute over the
Bombardier C - Series planes in October, Delta CEO Ed Bastian told reporters that it hasn't ruled out purchasing
aircraft from Boeing even though the company launched a complaint over the deal.
Porter Airlines» Bob Delulce announces the purchase of a dozen
Bombardier C - series
aircraft, Apr. 10, 2013 (Photo: Keith Beaty / Getty)
The announcement Tuesday follows several recent setbacks for
Bombardier, which is the world's third - largest
aircraft manufacturer after Boeing and Airbus.
Heat at Phoenix Sky harbor airport is grounding flights on smaller
aircraft, particularly flights on
Bombardier CRJ planes.
The European conglomerate is working to finalize its partnership with
Bombardier and the Quebec government to produce the C Series
aircraft.
In response to a trade case filed by the American jet maker Boeing, the United States Commerce Department ruled that
Bombardier's CSeries
aircraft, a smaller, regional
aircraft that entered service last year, had received subsidies of 219.63 percent of the plane's sales price, and it said it would begin collecting duties equivalent to that amount.
That will more than triple the price of the new jet, chilling
Bombardier's future sales and potentially giving Boeing more space to expand into the market for smaller
aircraft.
Bombardier (J.R. André
Bombardier pictured) is now the global leader in passenger rail technology and the world's third - largest civil
aircraft manufacturer.
Its new regional carrier, Encore, began service this year with four
Bombardier Q400 turboprops, and will add roughly one
aircraft to its fleet every month through to 2015.
It was great news because
Bombardier's Q400 turboprop
aircraft bested foreign competitors to win the contract.
MONTREAL — Air Canada has signed a letter of intent to purchase 45 of
Bombardier's CS300
aircraft with options for an additional 30 planes.
May 3 - Canadian plane and train maker
Bombardier Inc has agreed to sell its Toronto
aircraft assembly site to a pension fund as part of efforts to raise extra cash under a five - year recovery plan.
But the company's loss - making commercial
aircraft segment, which includes the CSeries, reported a 12 percent drop in revenue and
Bombardier used $ 721 million of its available cash in the quarter - more than last year.
Boeing's tweaked 737 also would help fight back competition from
Bombardier Inc's fledgling CSeries
aircraft, which appears poised to win a large order from Delta Air Lines Inc..
It was great news because
Bombardier will assemble the planes in this country and because 54 % of the
aircraft's components are Canadian - made.
May 3 - Canadian plane and train maker
Bombardier Inc has agreed to sell its Toronto
aircraft assembly site to a pension fund as it strives to raise extra cash under a five - year recovery plan.
But Air Canada's interest in buying 45 CS300
aircraft (along with the option to purchase up to 30 CS100 planes, a slightly smaller
aircraft) marks an end to a 17 - month - long dry spell in which
Bombardier was unable to drum up any serious interest.
The CSeries is
Bombardier's new generation of
aircraft for commercial airlines, in development for more than a decade as an alternative to smaller models of passenger jets built by rivals Boeing and Airbus.
May 3 (Reuters)- Canadian plane and train maker
Bombardier Inc has agreed to sell its Toronto
aircraft assembly site to a pension fund as part of efforts to raise extra cash under a five - year recovery plan.
On an otherwise bleak day when
Bombardier announced plans to cut 7,000 jobs worldwide over the next two years, the company also issued a rare, long - awaited piece of good news: Air Canada has signed a letter of intent to purchase up to 75 CSeries
aircraft.
Meanwhile, Los Angeles County will have two
Bombardier CL - 415 Superscooper fire - fighting
aircraft on loan from the government of Quebec starting in the fall for wildfire suppression, as well as the county's own fleet of helicopters.
Canadian plane and train maker
Bombardier Inc has agreed to sell its Toronto
aircraft assembly site to a pension fund as it strives to raise extra...
Bombardier showcased its
aircraft, shown here from the cockpit of a Global Express 6000, at the International Business Aviation Exhibition in Moscow in September.
They say that
Bombardier's sales in the United States pose a significant risk to sales of Boeing's own competing
aircraft, known as the Max 7.
The case, which centers on a small
aircraft that
Bombardier plans to sell to American customers, could affect the livelihood of thousands of workers whose jobs traverse the sprawling supply chains of both
aircraft manufacturers.
At the core of the disagreement is a claim by Boeing that
Bombardier has cheated American trade rules by accepting subsidies from the Canadian government and selling its CSeries
aircraft in the United States at below market prices.
Flymojo, a Malaysian full service carrier that is yet to launch, announced on March 17 that it has signed a letter of intent to purchase 20 CS100
aircraft from Canada's
Bombardier.
Yesterday I wrote that American was expected to order new
Bombardier CRJ - 900
aircraft.
American Airlines are adding to their regional fleet — with the airline signing for 15
Bombardier CRJ - 900
aircraft.
VistaJet, with its global fleet of branded
Bombardier Global 5000 and Challenger 350
aircraft, takes the idea of the shared economy to the next logical and expensive level.
This
aircraft product maker's shares are trading at a heavy discount due to an ongoing dispute with
Bombardier.
Beginning November 1, flights from Los Angeles to the Islands of Loreto will be operated Thursday through Sunday using Boeing 737 jets rather than
Bombardier Q400
aircraft.
Chapman Freeborn provides access to a large fleet of executive jets from the larger - cabin, long range
aircraft such as the Gulfstream G650 and Dassault Falcon 7X, to smaller, versatile types such as the Cessna Citation X and
Bombardier Challenger 350.
Alaska has an all - Boeing 737 fleet for its mainline
aircraft, supplemented by
Bombardier and Embraer regional jets.
The flight will be available four times a week every Monday, Wednesday, Friday and Sunday using the
Bombardier CRJ 1000
aircraft, which can accommodate 96 passengers.
Towards the back of the magazine (the bit you usually overlook unless you're an aviation geek) is a list of all the various
aircraft that ANA flies and, sitting below a very ordinary
Bombardier, is the most - definitiely - not - ordinary Millennium Falcon.
RwandAir and
Bombardier Aerospace announced the delivery of a dual - class Q400 NextGen turboprop
aircraft, fulfilling an order placed on April...