Iraqi national carrier Iraqi Airways has signed a firm order for five Bombardier CSeries CS300s and reserved options on another 11, Bombardier announced last month. The firm order came only two weeks after the parties announced a letter of intent at the Dubai Airshow. Bombardier places the value of the order at some $387 million based on list prices. If Iraqi Airways exercises all its options, the value would rise to $1.26 billion.
The Tianjin Airport Economic Area has signed a letter of agreement with Bombardier Aerospace to expand the Canadian manufacturer’s aircraft maintenance services in Mainland China. The agreement is a first step toward the creation of a joint venture for a maintenance facility slated to open in 2016.
Montreal-based Gal Aviation has been named an approved Bombardier Aerospace supplier. Gal manufactures and certifies cabinets, galleys and other monuments for the commercial and business jet aircraft markets. Gal vice president of business development Marc St. Hilaire said the company initially will manufacture components for Bombardier Globals. The company is also approved for all Bombardier commercial and business aircraft.
The Bombardier Learjet 75 light jet–a longer-range version of the Learjet 45 with Garmin G5000 integrated avionics, winglets and more efficient Honeywell TFE731-40BR engines–received FAA certification on Thursday. Deliveries have already begun for U.S. and Canadian customers, a Bombardier Aerospace spokeswoman told AIN. Certification and delivery efforts are pending for its smaller sibling, the Learjet 70.
The Bombardier Learjet 75 light jet–a longer-range version of the Learjet 45 with Garmin G5000 integrated avionics, redesigned winglets and more efficient Honeywell TFE731-40BR engines–received U.S. FAA certification on Thursday. Deliveries have already begun for U.S. and Canadian customers, a Bombardier Aerospace spokeswoman told AIN. Certification and delivery efforts are pending for its smaller sibling, the Learjet 70.
In a string of promotions announced yesterday at Bombardier but not effective until January 1, Eric Martel will be president of Bombardier Business Aircraft, succeeding Steve Ridolfi, who will be senior vice president of strategy and mergers and acquisitions at Bombardier Inc. Meanwhile, Michel Ouellette will take over Martel’s current position–president of Bombardier customer services and specialized and amphibious aircraft–also at the turn of the new year.
Bombardier announced last month that Luxair, the national airline of the Grand Duchy of Luxembourg, has placed a firm order for a Q400 turboprop and has taken an option on another. Luxair expects to take delivery of the 76-seat airplane next April.
Based on the Q400’s list price, Bombardier values the firm order at $32.2 million. If Luxair exercises its option, the value would rise to $65.78 million, said Bombardier.
Bombardier released its third quarter 2013 financial results this morning with most of its numbers showing a slight decline in comparison with the same period last year. Revenues for the corporation as a whole totaled $4.1 billion at the end of the quarter on September 30, compared to $4.2 billion for the same fiscal quarter last year. Bombardier Aerospace accounted for $2 billion in the quarter, compared to $2.3 billion last year.
Learjet 40, Learjet 45, Challenger 300, Challenger 604, Challenger 605 and Global operators now have the opportunity to increase their control over maintenance costs significantly, with Bombardier Aerospace’s introduction of evolved maintenance intervals for those platforms.
Making a corporate jet work for an individual or a corporation is all about the math. And we all know that the purchase price of an aircraft is simply the price of entry. Bombardier (Booth No. N5731) announced at NBAA 2013 the launch of its Max maintenance program for Challenger 605, designed to reduce direct maintenance costs to owners and operators and increase dispatch availability by extending required maintenance intervals by as much as 50 percent.