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Old July 20th, 2016, 08:27 PM   #401
Toronto_41
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Quote:
Originally Posted by sponge_bob View Post
Arguably all of Quebecs investment went to subsidise Delta. That is the _unsustainable_ bit.
Just as the US taxpayer has subsidized the United purchase of the 737 earlier this year.

And it should be noted that the 787 accounting practise is under review by the SEC. Seems they were selling those at a loss also.

Funny enough, when Airbus got started, they were quite hevily subsidized by several EU governments.

It is an industry wide situation. Just that the great duopoly have had it their way for a long time now.
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Old July 21st, 2016, 09:44 AM   #402
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Originally Posted by sponge_bob View Post
Arguably all of Quebecs investment went to subsidise Delta. That is the _unsustainable_ bit.
And for a minute there I thought you didn't realize how the global aerospace industry worked. Industry experts all seem to think the C-Series is no longer in trouble and will carve out a significant slice of the market. I'm more inclined to listen to them than someone sounding alarm bells over cherry picked news bites.

Governments from the US, France, Canada, UK, Germany, etc. have been heavily supporting/subsidizing this industry since WW2. If the status quo is unsustainable we're still waiting. Only France counts on aerospace for a larger share of its GDP than Canada. Expecting Canada to bow out of one of its key industries isn't realistic.

It's not going to happen.
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Old July 21st, 2016, 05:13 PM   #403
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Quote:
Originally Posted by isaidso View Post
And for a minute there I thought you didn't realize how the global aerospace industry worked. Industry experts all seem to think the C-Series is no longer in trouble and will carve out a significant slice of the market. I'm more inclined to listen to them than someone sounding alarm bells over cherry picked news bites.
Exactly, this is a 20-30 year program with a very bright future. They have enough firm orders to cover production for at least the next 5-7 years. Even at a hard discount, they should be able to cover fixed costs to keep the assembly line open.

Once oil prices start going up, the all-new airframe will make much more economic sense to airlines around the world, many which are putting off buying new jets at the moment.
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Old July 22nd, 2016, 03:32 PM   #404
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Bombardier extends authorised service facility agreement with China’s STAECO

Bombardier Commercial Aircraft has renewed its authorised service facility (ASF) agreement with China-based Taikoo (Shandong) Aircraft Engineering Company (STAECO) for another three years. The extension is aimed at providing better support to aircraft operators in the Asia Pacific region.

Under the new deal, STAECO will provide maintenance services for Bombardier’s Q400 turboprops along with CRJ Series of aircraft. The new deal has also selected STAECO as an authorised service provider for base and other maintenance on all Bombardier CRJ Series and Q400 aircraft, including aircraft modifications, repainting, and avionics and cockpit improvements.



STAECO president Wang Chao said: “STAECO has been serving operators of CRJ Series aircraft for over ten years with a variety of maintenance solutions, and we are pleased to add the Q400 turboprops to our portfolio. “The renewal of our relationship with Bombardier as part of its growing customer support network, permits us to continue serving our customers’ needs together.”

Currently, 365 Q Series turboprops, CRJ regional jets and C Series airliners have been ordered by or are in service with nearly 50 customers and operators in the Asia Pacific region. Bombardier also has regional support offices in Shanghai, China; Tokyo, Japan; Mumbai, India; Singapore and Sydney, Australia.The company has parts services depots in Narita, Japan; Beijing, China; Hong Kong; Singapore and Sydney.

Additionally, GMR Aero Technic in India and Hawker Pacific in Australia also operate authorised service facilities that provide valued support to customers in the Asia- Pacific region. In March this year, Bombardier extended its ASF agreement with Ljubljana, Slovenia’s Adria Tehnika for another five year.
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Old July 22nd, 2016, 03:50 PM   #405
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Air Baltic CS300





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Old July 22nd, 2016, 04:09 PM   #406
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A model of the new factory
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In 2012, Bombardier officials discussed a plan to ramp-up to 120 aircraft per year at the Mirabel final assembly plant within three years of entry-into-service







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Old July 23rd, 2016, 08:46 AM   #407
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SkyWest Airlines and ExpressJet Airlines Extend Heavy Maintenance Agreements Covering Bombardier CRJ Series Regional Jets
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Montréal, July 22, 2016 – Bombardier Commercial Aircraft announced today that Bombardier Services Corporation has extended Heavy Maintenance Agreements with SkyWest, Inc. (NASDAQ: SKYW) carriers SkyWest Airlines, Inc. and ExpressJet Airlines, Inc. for a further 10 years. The agreements cover the airlines’ fleets of CRJ Series regional jets.

The two airlines operate a total of 433 CRJ Series aircraft, including 234 CRJ200, 135 CRJ700 and 64 CRJ900 regional jets for Delta Air Lines, United Airlines, American Airlines and Alaska Airlines. SkyWest Airlines is based in St. George, Utah while ExpressJet is headquartered in Atlanta, Georgia.

The maintenance can be performed at any of Bombardier’s maintenance facilities in the U.S.A. including the Tucson Air Center, West Virginia Air Center and Macon Air Center.

“Bombardier’s CRJ Series airliners continue to be essential to our two airlines’ fleets and have helped our company become one of the largest regional jet operators in the world,” said Wade Steel, Chief Commercial Officer, SkyWest Inc. “As we continue to concentrate on our fleet, we know that our CRJ aircraft heavy maintenance remains in good hands with Bombardier.”

“We are proud that SkyWest, Inc. has once again placed its confidence in Bombardier for the heavy maintenance of its CRJ Series aircraft fleet,” said Todd Young, Vice President and General Manager, Customer Services, Bombardier Commercial Aircraft. “We manufactured these aircraft, we know them best, and we are determined to provide SkyWest Airlines and ExpressJet with the very best in maintenance to maximize their reliability and earning power. Including the fleets of aircraft operated by SkyWest Airlines and ExpressJet, we are now providing maintenance services for approximately 90 per cent of the CRJ Series aircraft operating in the U.S.”
http://news.commercialaircraft.bomba...regional-jets/
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Old July 26th, 2016, 02:28 PM   #408
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Bombardier and Government of Tanzania Sign Purchase Agreement for Two Q400 Turboprops
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Toronto, July 25, 2016 – Bombardier Commercial Aircraft announced today that the Government of Tanzania has signed a firm purchase agreement for two Q400 turboprop airliners. The aircraft will be delivered with a 76-seat, dual-lavatory configuration and will be used for commercial airline operations in the region.

Based on the list price of the Q400 airliner, the firm order is valued at approximately US $62 million.

“Our Q400 aircraft will provide affordable, convenient and comfortable air transport solutions,” said Dr. Leonard Chamuriho, Permanent Secretary, Ministry of Transport, Works and Communication, Tanzania. “We are committed to providing state-of-the-art service to our passengers and are keen to expand further as our business grows to include new destinations in Tanzania and the African region.

“Tanzania is a large country with some challenging airfields, and the Q400 turboprop’s capability to operate at these airports, its jet-like speed, long-range cruise capability and outstanding turboprop economics were key factors that guided us in selecting the aircraft for our operations,” added
Dr. Chamuriho. “The level of in-continent support that Bombardier offers is also very important for us.”

“This transaction not only solidifies the relationship between the Government of Tanzania, and Bombardier, but also reaffirms Africa as one of the most prolific Q400 aircraft markets. The Q400 aircraft is a showcase for the continent, where it has proved itself to be extremely efficient as well as cost-effective,” said Jean-Paul Boutibou, Vice President, Sales – Middle East and Africa, Bombardier Commercial Aircraft.

Bombardier’s Dash 8/Q-Series turboprops and CRJ Series regional jets have made significant advances in Africa where approximately 160 aircraft – including more than 50 Q400 turboprops — are in service with, or ordered by, approximately 40 customers and operators.

Bombardier’s customer support network for commercial aircraft in Africa includes a Regional Support Office (RSO) and spare parts depot, co-located in Johannesburg, South Africa as well as Authorized Service Facilities in South Africa and Ethiopia. Operating from the company’s regional office located in the United Arab Emirates, Bombardier Commercial Aircraft’s sales and marketing team is well positioned to provide industry-leading solutions to its current and prospective customers.
http://news.commercialaircraft.bomba...00-turboprops/
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Old July 29th, 2016, 11:16 PM   #409
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2nd CS100 for SWISS:

https://twitter.com/bouroux/status/759042895806554112
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Old August 1st, 2016, 07:27 AM   #410
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Old August 2nd, 2016, 01:36 AM   #411
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LH Group could add more CS for LhCityline or Austrian
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Old August 8th, 2016, 02:36 PM   #412
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Quote:
Originally Posted by Toronto_41 View Post
Just as the US taxpayer has subsidized the United purchase of the 737 earlier this year.

And it should be noted that the 787 accounting practise is under review by the SEC. Seems they were selling those at a loss also.

Funny enough, when Airbus got started, they were quite hevily subsidized by several EU governments.

It is an industry wide situation. Just that the great duopoly have had it their way for a long time now.
Just as a follow up, if you read the article below, the crédits are coming from Germany, France and the UK. So, isn't every country subsidizing their aircraft industry?

Funny enough, there seems to be an issue and they are investigating the possible fraud allégations.

Link:
https://www.theguardian.com/business..._b-aplnews_d-2

Summary Détails:
The UK’s Serious Fraud Office has confirmed that it has opened a criminal investigation into allegations of fraud, bribery and corruption in the commercial airline business of Airbus, the defence and aviation firm. The investigation into potential criminal dealings in the sale of commercial planes was launched in July but revealed at the weekend by the European manufacturer.

The SFO said that the allegations related to irregularities with third party consultants. Airbus said it had flagged up the suspect activity itself, effectively self-reporting to the SFO via UK export agencies, and was cooperating fully with the investigation.

In a statement issued on Sunday, Airbus said: “Airbus Group has been informed by the SFO that it has opened a criminal investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group relating to irregularities concerning third party consultants. Airbus Group continues to cooperate with the SFO.” Neither Airbus nor the SFO would comment further on the details.
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Old August 9th, 2016, 01:59 AM   #413
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Quote:
Originally Posted by Danfer21 View Post
LH Group could add more CS for LhCityline or Austrian
Lufthansa has a lot of A319s in their mainline fleet, which could be replaced with CS300. Although it's more likely they'll get replaced with neos.

Air Dolomiti operates E-195s which can be replaced eventually with CSeries.
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Old August 9th, 2016, 05:03 PM   #414
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Quote:
Originally Posted by sponge_bob View Post
Arguably all of Quebecs investment went to subsidise Delta. That is the _unsustainable_ bit.
Thought this would be something of interest to you also. Funny how all of these are popping up now. Airbus now Embraer.

Link:
http://www.businesswire.com/news/hom...-Investigation

Détails:
In 2014, Brazilian authorities filed a criminal complaint against an Embraer sales consultant who reportedly admitted to paying bribes on behalf of Embraer with the knowledge of Embraer’s top management. Eight former Embraer executives and directors were also charged. The basis of the charges was reportedly evidence provided by U.S. authorities, who had been investigating possible violations of the U.S. Foreign Corrupt Practices Act (“FCPA”) since as early as 2010. On July 29, 2016, Embraer reported a loss of $99.4 million for the quarter after setting aside $200 million in connection with the U.S. FCPA probe. Embraer also disclosed that it had been negotiating with the U.S. Department of Justice since May 2015 to settle the investigation. On this news, shares of Embraer fell $2.93 or over 13% to close at $18.27 on July 29, 2016.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Embraer investors. If you purchased shares of Embraer on or before July 28, 2016, please visit the firm’s website at http://www.rosenlegal.com/cases-929.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
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Old August 9th, 2016, 10:47 PM   #415
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Thought this would be something of interest to you also. Funny how all of these are popping up now. Airbus now Embraer..
Fine. We'll wait till Quebec squeals loudly then.
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Old August 9th, 2016, 11:37 PM   #416
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As compared with the Superjet 100?
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Old August 10th, 2016, 06:11 AM   #417
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Quote:
Originally Posted by Spam King View Post
Lufthansa has a lot of A319s in their mainline fleet, which could be replaced with CS300. Although it's more likely they'll get replaced with neos.

Air Dolomiti operates E-195s which can be replaced eventually with CSeries.
Consider the fact (and opportunity) that the NEO aircraft can fly much further than the CS300, that's why LH is looking to Airbus again for fleet upgrades. It's quite clear, actually:

A319NEO's range: 3,750nm
A320NEO's range: 3,500nm
A321NEO's range: 3,500nm (LR version: 4,000nm)

versus

CS100's range: 3,100nm
CS300's range: 3,300nm

Quote:
Originally Posted by xalexey View Post
As compared with the Superjet 100?
The SSJ-100's range is much shorter... (converted from km)

SSJ-100-95 (original): 1,646nm
SSJ-100-95LR: 2,472nm
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Old August 10th, 2016, 03:38 PM   #418
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Fine. We'll wait till Quebec squeals loudly then.
Unlikely Québec will squeal thanks to bribery which seems to be rocking Airbus and Embraer. But good that you acknowledge that.
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Old August 10th, 2016, 04:20 PM   #419
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Unlikely Québec will squeal thanks to bribery which seems to be rocking Airbus and Embraer.
They will squeal if Bombardier pisses through their $1bn investment in two quarters flat. $492m officially gone last week and only $508m more to go. Losing Half a Bill every quarter is not very sustainable is it?

http://www.bloomberg.com/news/articl...ries-jet-costs

The Feds will not step in to invest in BB save in a right crisis so Quebec are in on their own on this one for the next year or two minimum.

Lets see if they can get production to 40 frames in 2017 first ..and make a few sales at breakeven too...shall we. It might yet happen
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Old August 11th, 2016, 02:30 PM   #420
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Quote:
Originally Posted by sponge_bob View Post
They will squeal if Bombardier pisses through their $1bn investment in two quarters flat. $492m officially gone last week and only $508m more to go. Losing Half a Bill every quarter is not very sustainable is it?

http://www.bloomberg.com/news/articl...ries-jet-costs

The Feds will not step in to invest in BB save in a right crisis so Quebec are in on their own on this one for the next year or two minimum.

Lets see if they can get production to 40 frames in 2017 first ..and make a few sales at breakeven too...shall we. It might yet happen
Payment to BBD recorded on or after July 1. Quarter ended June 30. So highly unlikely that the number quoted is coming from the Québec deal. It would have been before and you will see that billion reflected in this quater.

Hopefully when additional sales are reflected and as you noted, they get production up to 40 frames, then it will be a different picture.
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Last edited by Toronto_41; August 12th, 2016 at 12:51 AM.
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