Fast-growing Russian leasing group Ilyushin Finance Co. (ILC) is targeting the Middle East market with a portfolio of five airliners that could exploit the increasingly blurred lines between traditional regional air transport fleets and new-generation narrowbodies.
A new study released last month by Newtown, Conn.-based Forecast International projects “restrained growth” in the regional airliner market over the next 10 years, stemming from such factors as major-airline consolidation. The study projects gradual and steady growth between 2013 and 2020, followed by a cyclical downturn in 2021 and 2022 that will negatively affect delivery numbers.
Ilyushin Finance Company (IFC) has won the approval of its shareholders and governmental bodies for recently signed deals on 50 Irkut МС-21s, 32 Bombardier CSeries and 20 Sukhoi Superjet 100s. “All three programs have been approved,” IFC general manager and co-owner Alexander Roubtsov told AIN.
The newest version of the Sukhoi Superjet, SSJ100-95LR, first flown in February this year, has the suffix that is an abbreviation for Long Range, but some would argue that “Last Resort” might better describe the situation in terms of its significance to Russia’s aerospace industry.
“Can we bring back the glory days of flying, like when there was the Pan Am Clipper?”
This is the question that Embraer Executive Jets vice president of interior design, Jay Beever, asked, which led directly to a 32- to 36-seat VIP shuttle concept of the Embraer E-195 regional jet. The Brazilian company’s executive jets division unveiled this concept intended for both airlines and aircraft charter firms early last month.
Bombardier Aerospace announced last month that Nordic Aviation Capital of Billund, Denmark, has signed a firm purchase agreement to acquire four Q400 turboprops. Bombardier places the value of the contact, based on list prices, at $134.77 million.
Embraer expects to see substantial sales activity over the next few months involving 70- and 76-seat E-Jets as U.S. major airlines respond to relaxed union limits on regional jets among their regional airline partners, according to the manufacturer’s CEO, Frederico Curado.
Miami, Florida-based Aeronautical Engineers, Inc. (AEI) has launched a passenger-to-freighter conversion program for the Bombardier CRJ100 and CRJ200 regional jets, the company announced Thursday.
Bombardier Aerospace delivered 179 business jets last year, 16 more than in 2011. During this same period, the company received net orders for 343 business jets, compared with 191 for the previous year. “We are the market leaders in business aircraft, and the restructuring of our commercial aircraft sales organization is yielding results,” said Bombardier Aerospace president and COO Guy Hachey. “We are seeing positive momentum across our entire product portfolio,” which also includes regional jets.