The board of Swiss International Air Lines on February 24 accepted management’s proposal to reduce its current fleet from 131 to 111 aircraft, furlough up to 700 employees and reduce routes. The airline grounded one Airbus A321, two MD-83s and 17 regional aircraft on March 30, which also marked the beginning of the summer timetable.
Régional Compagnie Aérienne Européenne
Polish flag carrier LOT confirmed last month that it will place a firm order for ten 70-seat Embraer 170s. LOT’s supervisory board approved the estimated $200 million deal on January 10, finally settling a hard-fought competition between the Brazilian manufacturer and its Canadian counterpart, Bombardier. Scheduled for delivery early next year, the first of the 70-seat jets will augment a fleet of fourteen 50-seat Embraer
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.
AMR has begun planning the divestiture of its American Eagle regional subsidiary amid calls for asset sales by shareholders disenchanted with the company’s recent stock market performance. Although AMR doesn’t attribute the decision directly to pressure from investors, the November 28 announcement immediately preceded a 6.9-percent jump in share price.
Engine maker General Electric may have inadvertently exposed the identity of the Embraer 190 program’s second customer when it told an audience gathered at an ERA press conference that Panama’s Copa Airlines will acquire at least twenty 18,500-pound-thrust CF34-10Es–variants specifically developed to power the 98-seat regional jet.
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.