The effort by UK low-fare regional airline Flybe and flagcarrier Finnair to break through European structural barriers to consolidation took shape last week with an agreement to jointly acquire Finnish Commuter Airlines (FCA), a Finnish regional carrier owned by Finncomm Oy. The companies plan to create a new joint venture called Flybe Nordic, 60-percent owned by Flybe and 40 percent by Finnair.
No one would ever accuse Embraer CEO Frederico Curado of letting ego or impatience influence his decision-making. So when he insisted Embraer’s advantageous competitive position affords him the luxury of time as he deliberates over a new product strategy for the single-aisle airliner market, the company’s stakeholders could rest assured that Curado soberly considered the implications of waiting.
Qantas removed from service five of the 21 Bombardier Q400s operated by regional affiliate QantasLink in late August after the airline found a defect in what it described as a main landing-gear component. Qantas said it decided to inspect the airplanes and ultimately remove them from service after consultation with fellow Q400 operator Flybe and Bombardier.
Flybe yesterday placed what will likely be the biggest regional airliner deal of the Farnborough show week, committing to buy up to 140 Embraer 175 aircraft with a potential combined value of $5 billion. The contract signed here includes 35 firm orders (worth $1.3 billion), 65 options and 40 purchase rights.
Embraer delivered two E170 regional jets to Bahrain’s Gulf Air during a ceremony at the manufacturer’s headquarters in São Jose dos Campos, Brazil, last month. The OEM handed over the aircraft in a two-class, 67-seat cabin configuration, as prescribed in a three-year lease agreement it signed with Gulf Air just after January’s Bahrain International Airshow. The deal includes a provision to extend the leases by another five years.
Bombardier Aerospace is continuing to define a further stretch of its 78-passenger Dash 8 Q-400 regional turboprop to create a possible 90-seat variant that could enter service before the middle of the next decade.
The UK’s Flybe has taken delivery of its 50th Bombardier Q400 airliner, equipped with the 1,000th installation of Ultra Electronics’ active noise control (ANC) system, the Canadian airframe maker announced today.
Bombardier Aerospace announced today that Pinnacle Airlines subsidiary Colgan Air has signed a firm order to acquire 15 more Q400 NextGen turboprops worth some $432 million. The transaction involves the conversion to a firm order of a conditional order for 10 airplanes and the exercise of options Pinnacle placed on five in 2007.
Embraer and Flybe Aviation Services have signed a five-year contract that names the UK regional aircraft maintenance company an authorized service center for the ERJ 145 and E-Jet series. Flybe serves as an Embraer parts pool program customer, and now joins the company’s aviation services network.
Air France subsidiary Régional last month took delivery and placed into service the first of nine 76-seat Embraer E170s on firm order. Also flying six Embraer E190s, 28 ERJ 145s, nine ERJ 135s and five Brasilia turboprops, the French airline stands as Europe’s largest Embraer operator. It also flies nine Fokker 100s and five Fokker 70s and serves 20 domestic and 26 intra-European destinations.