Last year Embraer delivered 121 regional jets and 10 Legacy business jets (including two for military service). These figures were slightly lower than projected, the Brazilian manufacturer reported, because of the postponement of the deliveries of three business jets and delayed delivery of two regional jets. Despite the slow economy, Embraer forecasts it will deliver 148 aircraft this year and 155 next year.
Brazil’s Embraer last month signed a long-anticipated agreement to build a production unit in China through a joint venture with AVIC II subsidiaries Harbin Aircraft and Hafei Aviation. The contract creates a new company called Harbin Embraer Aircraft Industry Co., of which Embraer will maintain 51-percent ownership.
A new report released by Forecast International says that Embraer will collect 40.8 percent of the projected $99.7 billion in sales of regional aircraft over the next 10 years, despite the lack of a turboprop in its existing product line. The Newtown, Conn.-based aerospace market research firm also predicts that Bombardier will take a 33.2-percent share over the next decade, while ATR secures 7 percent.
ExpressJet became the first airline to join the new Embraer Collective Inventory Planning (ECIP) program, in an effort to better manage its spare parts inventory for its fleet of 240 regional jets.
Supported by its AeroChain Web portal, ECIP monitors parts usage and guarantees automatic stock replenishment. Embraer’s U.S. support subsidiary, EACS, manages the program.
A new report released by Forecast International says that Embraer will collect 40.8 percent of the projected $99.7 billion in sales of regional aircraft over the next 10 years, despite the lack of a turboprop in its existing product line. The Newtown, Conn.-based aerospace market research firm also predicts that Bombardier will take a 33.2-percent share over the next decade, while turboprop manufacturer ATR secures 7 percent.
Embraer recently named the Jet Aviation maintenance facilities in Bedford/Boston, Dallas and Teterboro, N.J., authorized service centers for the Legacy. Jet Aviation’s global maintenance network now includes a total of six Embraer Legacy service centers, with additional locations in Palm Beach, Fla; Dusseldorf, Germany; and London Biggin Hill, UK.
Swiss International Air Lines last month announced another restructuring program that will shrink its regional fleet by at least 13 aircraft and its staffing by 800 to 1,000 positions over the next 18 months.
To ensure a supply of feeder traffic into its Zurich hub, Swiss plans to extend its code-share agreements with regional airlines, as it has done with Cirrus Airlines on its Lugano-Zurich link.
Short of cash after a financially strenuous year marked by a strong rise in fuel prices, the Austrian regional AirAlps has relinquished its exclusive code- sharing agreement with KLM and found new investors in Northern Italy.
The management of Swiss regional airline Swisswings (formerly Air Engiadina) has announced the successful completion of a refinancing program that provided SFr8 million ($5 million) in fresh capital before the subscription deadline of Aug. 30, 2001. The company previously reduced share capital by 60 percent to liquidate accumulated debt.
Events have moved fast since the establishment last November of Regional Compagnie Aérienne Européenne, the new integrated Air France subsidiary that merges the former Regional Airlines, Flandre Air and Proteus Airlines into a single entity.