Both Bombardier and Embraer announced cuts in regional jet production that will see next year’s CRJ200 output fall by 25 percent and total Embraer RJ deliveries by some 9 percent this year and 15 percent next year.
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.
After numerous delays, start-up company DunnAir Business Jet Completion Center is open for business on Tucson International Airport’s south side.
Perhaps the most vital component in Bombardier’s C Series of single-aisle commercial jets will consist not of metal, pneumatics or electrical circuits, but money. By the end of last month the company expected to know the stakes governments would risk, as its February deadline for all to ante up approached. Unwilling to tip his hand, C Series program head Gary Scott wouldn’t reveal the number of U.S.
It took a while for the message to register, but Bombardier finally heeded the airline market’s counsel in late January and shelved its languishing C Series program. Although it will retain a staff of about 50 for studies on a small mainline jet, the company has begun shifting most of the financial and human resources once dedicated to the C Series to other programs, most notably studies on a new 90- to 100-seat regional jet.
Bombardier’s bottom line was bolstered by “solid” demand for its business jets, and the company said it plans to increase production to ease record backlogs. Additionally, the Canadian company said that the Bombardier and Beaudoin families’ management dynasty will continue, with the appointment of Pierre Beaudoin as president and CEO of Bombardier, effective June 4. Pierre’s father, Laurent Beaudoin, remains chairman of the board.
Bombardier Aerospace’s Belfast, Northern Ireland work- force has rejected a new pay deal and is threatening strike action. Trade union representatives had actually accepted a new four-year deal that was due to take effect at the end of this coming January, but this was rejected in a shop-floor vote on October 15.
As part of a major consolidation project that it says will save $25 million a year, Bombardier has embarked on an 18-month project to consolidate all Learjet production, completions and deliveries in Wichita, and all such Challenger work in Montreal.
This year’s NBAA Convention was about more than multimillion-dollar deals, flashy exhibits and rows of new business jets gleaming under the Georgia sun. To gauge the true importance of the event, one has to look beyond the scope of sales announced at the show–more than a billion dollars, unofficially–and at the origins of those deals.
Bombardier Aerospace this morning launched the clean-sheet Learjet NXT to fill the gap between its midsize $13.3 million Learjet 60XR and $21 million super-midsize Challenger 300.