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Name: BOMBARDIER AEROSPACE
7JetSet7 Code: BMB
Status: Operational
Region: NORTH AMERICA
City: MONTREAL
Country: CANADA
Employees 70100
Web: aerospace.bombardier.com
Email: info@aerospace.bombardier.com
Telephone: +1 514 861 9481
Fax: +1 514 861 2420
Sita:
Background
(definitions)

Click below for data links:
BMB-2011-09 - JOHN TRAVOLTA AMBASSADOR
BMB-2012-03 - INDUSTRY PROFILE
BMB-2012-03 - VISION FLIGHT DECK
BMB-2013-06 - PARIS AIR SHOW
BMB-2013-08 - UPDATE
BMB-2013-09 CSeries 1st Flight
BMB-2013-10 - LION AIR CS300 INTEREST
BMB-2013-11 - ABU DHABI AVIATION LOI
BMB-2014-01 - JOB CUTS-A
BMB-2014-01 - JOB CUTS-B
BMB-2014-09 - UPDATE
BMB-2014-09 - UPDATE-A
BMB-2014-09 - UPDATE-B
BMB-2015-05 - SWISS HAS 1st CSERIES.jpg
BMB-2015-10 - Bombardier Stock Tumbles.jpg
BMB-2016-03 - CS100 Route Proving.jpg
BMB-2016-07 - 1st CS100 Handover.jpg
BMB-LOGO 2012-04

Bombardier Aerospace is a division of Bombardier Inc. It is the 3rd largest airplane manufacturer in the world.

Address:
800 Rene-Levesque Blvd. West
Montreal, Quebec
Canada H3B 1Y8

CANADA WAS ESTABLISHED IN 1867, IT COVERS AN AREA OF 9,976,139 SQ KM, ITS POPULATION IS 30 MILLION, ITS CAPITAL CITY IS OTTAWA, AND ITS OFFICIAL LANGUAGES ARE ENGLISH & FRENCH.

After acquiring Canadair in 1986 and restoring it to profitability, Bombardier (BMB) acquired in 1989 the near-bankrupt Short Brothers aircraft manufacturing company in Belfast, Northern Ireland. This was followed in 1990 by the acquisition of the bankrupt Learjet Company of Wichita, Kansas, builder of the Learjet business aircraft, and finally (BMB) acquired the money-losing Boeing (TBC) subsidiary, de Havilland Aircraft of Canada based in Toronto, Ontario in 1992.

The aerospace arm now accounts for over half of the company's revenue. Bombardier's most popular airplanes currently include its Dash 8 Series 400, CRJ100/200/440, and CRJ700/900/1000 lines of regional airliners. It also manufactures the Bombardier 415 amphibious water-bomber (in Dorval and North Bay), the Global Express and the Challenger business jet. Learjet is also a subsidiary of Bombardier based in Wichita, Kansas.

June 2006: VistaJet (VSJ) ordered three Bombardier Challenger 605 business jets and signed an option for two additional airplanes, making this order the first and largest multiple airplane order placed by a European company for the new jet.

May 2008: VistaJet (VSJ) announced an order for 11 Bombardier Learjet 85 airplanes, along with 11 Challenger 605 and 13 Learjet 60 XR airplanes. The deal included options for an additional 25 airplanes. In addition to the airplane order, (VSJ) also signed a memorandum of understanding (MOU) for the acquisition of Bombardier Skyjet International, Bombardier's charter program, making VistaJet (VSJ) the second largest business jet company outside of North America.

September 2011: Bombardier (BMB) welcomed John Travolta as a brand ambassador for its Learjet, Challenger and Global jets.

Recognized worldwide as an accomplished actor and film producer, John Travolta is also a licensed jet pilot (FC) and an advocate for corporate aviation. With a busy schedule of filming, publicity and charity work, he embodies the persona of the true business traveler – making him an ideal representative for Bombardier (BMB) Business Aircraft.

John is both a film icon and knowledgeable aviator, said Steve Ridolfi, President, Bombardier (BMB) Business Aircraft. He also recently added the Challenger aircraft to the impressive list of 11 different jets he is qualified to fly, an aircraft that offers him the ability to meet his passion for aviation and demanding business travel requirements all in one. We are thrilled to have him as our brand ambassador.

With an acting career spanning over 30 years, John Travolta has starred in 60 films and has been honored with a number of prestigious film awards and award nominations. He has received two aviation awards: The "American Institute of Aeronautics Foundation Award for Excellence" in 2003; and the "Living Legends Ambassador of Aviation" award in 2007. He currently holds 11 pilots (FC) licenses for both commercial and business jets.

Business aviation has always made sense to me in that it offers flexibility, privacy, security, and most importantly, time saving, meaning I have the ability to keep up with my busy schedule and have more time for my family, which is very important to me, said John Travolta. On top of that, I'm a pilot (FC) – I love to fly.
Bombardier (BMB) designs aircraft as much for the person flying them as for the passenger. I'm proud to represent their aircraft.

November 2011: Aviation services company, Flying Colours Corporation has delivered its 4th Chinese registered airplane to Shenyang, China-based air charter operator, Lily Jet (LLJ). The Bombardier Challenger 850, (8098, B-7795) arrived at Lily Jet (LLJ)'s main base on November 29th and went into service immediately. A further three Bombardier Challenger 850s destined for China are currently undergoing completion and are scheduled for delivery during 2012.

February 2012: Bombardier Aerospace and Garuda Indonesia (GIA) said (GIA) has committed to up to 18/18 orders of Bombardier CRJ1000 NextGens regional jets to support its domestic and regional operations from its Makassar, Medan and Balikpapan hubs.

The deal includes a firm order for 18 airplanes and options for a further 18, (GIA) President & (CEO), Emirsyah Satar said. Of the 18 firm orders, six will be purchased directly by (GIA) and 12 will be acquired by the Scandinavian lessor Nordic Aviation Capital, he said.

The firm order is valued at approximately $297 million, and could increase to approximately $1.32 billion if all 18 options are exercised, Bombardier said.

The airplane will be configured in a two-class layout and will be an integral part of (GIA)’s full-service approach and network.

The first CRJ1000 is expected to be delivered in October and five airplanes should join the (GIA) fleet this year; a further 12 will be delivered in 2013.

Bombardier Commercial Aircraft president Mike Arcamone said the “CRJ1000 NextGen regional jet continues to perform beyond expectations with its current operators, and we are thrilled to welcome Garuda Indonesia as the aircraft’s launch customer in the Asia/Pacific region.”

Including the order from (GIA), more than >300 CSeries, CRJ and Q-Series airplanes are on order or are operating in the Asia/Pacific region, Bombardier said. It forecasts the Asia/Pacific region (including China) will take delivery of approximately 4,000 airplanes in the 20- to 149-seat category over the next 20 years.

Bombardier (BMB) said it has recorded firm orders for 1,715 CRJ Series aircraft.

Ethiopian Airlines launches 3X-weekly, Addis Ababa - Dammam service on February 12.

Bombardier (BMB) has received a firm order for five DHC-8-Q400 NextGen aircraft from Ethiopian Airlines (ETH).

Based on list prices, the (ETH) transaction is valued at approximately $$160 million. The (ETH) order increases the number of DHC-8-Q400 NextGens purchased by (ETHY) to 13. Two of the five newly ordered airplanes will be operated by (ETH) and three by its affiliate, ASKY Airlines (AKY) of Togo.

“The DHC-8-Q400 NextGen airliner has fully met our expectations for economics, performance and passenger acceptance,” (ETH) (CEO), Tewolde Gebremariam said. “Of great importance to us is the airplane’s high rate of climb, single-engine service ceiling and higher take-off weight, thus greater payload, when operating from our high altitude-hot weather airports.”

Including the new transaction, Bombardier (BMB) has booked firm orders for 420 DHC-8-Q400 and DHC-8-Q400 NextGen airplanes, with 389 delivered as of December 31, 2011, (BMB) said.

737-8U3 (38073, PK-GMU), delivery.

March 2012: Bombardier posted net income of +$837 million for 2011, up +8% over a +$775 million net profit in 2010. Bombardier Aerospace (BMB), however, saw full-year (EBIT) fall -9.4% to $502 million as revenue slid -2.3% to $8.6 billion.

The unit's results are partially skewed by the fact that it last year moved to a December 31 year end from January 31 previously.

(BMB)'s backlog at year end increased by +14.6% compared to January 31, 2011, to $22 billion. The unit received 249 net airplane orders for the year, up +23.9% from 2010. Deliveries totaled 245 airplanes, down -4.2%. (BMB) delivered 78 commercial airplanes last year, down -19.6% from 2010.

"Bombardier Aerospace (BMB) expects to deliver approximately 180 business airplanes and 55 commercial airplanes [this year]," the Montreal-based company stated. "(EBIT) margin for [2012] is expected to be approximately 5%."

Bombardier President & (CEO), Pierre Beaudoin said the aerospace unit "navigated through another demanding year. We maintained our profitability, increased our level of net orders, grew our backlog … and continued to invest in many new programs." He noted that the current level of firm orders for the CSeries "represents the first two-and-a-half years of production" on the program. The narrow body airplane is slated to enter service by late 2013.

SEE ATTACHED "AVIONICS MAINTENANCE" JANUARY 2012 MAGAZINE - - "BMB-2012-03 - INDUSTRY PROFILE."

Further to the framework agreement signed on March 24, 2011, Jin Zhuanglong, Chairman, Commercial Aircraft Corporation of China Ltd (COMAC) (CCC) and Pierre Beaudoin, President & (CEO), Bombardier Inc (BMB) signed a definitive agreement covering program commonalities between the C919 and CSeries airplanes. More specifically, the two leading airplane manufacturers have agreed to cooperate on four distinctive projects to be executed as part of the first phase of (COMAC) and Bombardier (BMB)’s long-term collaboration on the C919 airplane and the CSeries families of commercial airliners.

The four initiatives on which (COMAC) and (BMB) will be collaborating as part of this initial phase are commonality on: 1) the cockpit human-machine (crew) interfaces, 2) the electrical system, 3) the development of aluminum-lithium standards and specifications, and 4) areas of customer services in terms of technical publications and co-location of teams. All four projects are expected to be completed over the next 12 months and in conjunction with the C919 airplane development schedule.

This first collaborative phase further reinforces the strategic long-term relationship between (COMAC) and (BMB) and demonstrates the complementary nature of the C919 and CSeries airplane programs. Both parties will continue exploring other possibilities for cooperation with regards to airplane program commonalities, joint procurement, synergies in development and customer services, as well as collaboration on (BMB) and (COMAC) programs.

Bombardier Aerospace (BMB) expanded its range to the elite tennis racquet set naming top-ranked champion, Novak Djokovic as a Learjet Brand Ambassador. He joins an exclusive list of Bombardier (BMB) Business Aircraft brand ambassadors, including actor and pilot, John Travolta; architect, Frank Gehry; maestro, Valery Gergiev; and classical pianist, Lang Lang.

“Speed, agility, performance and efficiency are key attributes that Novak Djokovic and Learjet aircraft have in common,” said Steve Ridolfi, President, Bombardier (BMB) Business Aircraft. “His passion for winning, outspoken personality and natural ability to inspire people make him an ideal ambassador for the Learjet brand.”

Ranked World No 1 by the Association of Tennis Professionals (ATP) since July 2011, to date, Novak Djokovic has won five Grand Slam singles titles: the 2008, 2011 and 2012 Australian Open, 2011 Wimbledon Championships and the 2011 USA Open. In 2011, he became the sixth male player to win three Majors in a calendar year and is the youngest player to have reached the semifinals of all four Grand Slam events, separately and consecutively.

“Flying on Bombardier (BMB) business aircraft allows me to balance my extensive travel schedule with the rigorous demands of playing on the (ATP) tour and all the public appearances in between,” said Mr Djokovic. “I’ve been a Learjet fan for many years; they’re fantastic planes.”

Learjet business aircraft: With over 45 years of history marked by a multitude of performance records, Learjet aircraft are the world’s first purpose-built business jets. The creation of inventor, Bill Lear, who designed the first Learjet aircraft based on a Swiss fighter-bomber, Learjet aircraft are renowned worldwide for their sleek ramp appeal and favored by pilots (FC) for their handling characteristics and high-performance.

Since acquiring the Learjet Corporation, Bombardier (BMB) has revitalized both the brand and the product line, bringing to market no less than eight new models, including the new Learjet 85 airplane.

RwandAir (RWA) has signed a firm order for two Bombardier CRJ900 NextGen airplanes, plus two options, making it the first CRJ900 operator in eastern Africa. The contract is valued at approximately $89 million based on list prices and would increase to $185 million if both options are exercised, Bombardier (BMB) said.

“Our two 50-seat CRJ200 airplanes have performed very well for us and have helped grow our business to the point that we require airplanes with more capacity,” said RwandAir (RWA) (CEO), John Mirenge. “Based on our experience with the CRJ200 airplanes, the dual-class 75-seat CRJ900 NextGen airplane was the logical upgrade.”

(RWA) will configure the CRJ900s with seven business-class (C) seats and 68Y economy seats.

Bombardier Aerospace announced that its Vision Flight Deck (SEE PHOTO - - "BMB-2012-03 - VISION FLIGHT DECK") entered service on schedule on a Global 5000 jet. The business jet was delivered to Formula 1 race car champion Niki Lauda, a long time Bombardier customer.

Three-time Formula 1 World Champion, Niki Lauda has a long history in aviation. He was the founder of Lauda Air (LAL) in 1979, and in 2003, he founded FlyNiki (NKI), which is currently the second largest airline in Austria. The Global 5000 jet is the latest in a series of Bombardier business jet airplanes that Mr Lauda has owned and piloted during his career as an aviator. Until recently he operated a Challenger 300 jet as his private airplane, which he frequently used to travel to Formula 1 races around the world from his home base in Austria.

April 2012: Bombardier (BMB) announced that the CSeries airplane is on track for a late 2013 entry into service (EIS). (BMB), which has begun a first set of systems tests and simulations for the CSeries at the company’s Mirabel, Quebec facility, said the tests will continue throughout the year to ensure continued airplane validation on the ground, prior to flight testing.

“Over >200 components and systems for the CSeries airplane are being tested worldwide and I am pleased to say that the data received so far is confirming our key performance targets and exceeding our expectations in many areas,” Bombardier Commercial Aircraft VP & General Manager CSeries, Rob Dewar said.

“Pratt & Whitney (PRW) has run over 1,300 hours of full engine testing on the (PW1500G) engine that will power the CSeries airplane and the first set of final assembly tooling at Mirabel is complete. Additionally, assembly simulation exercises are underway to optimize learning; and the pre-validation of the assembly process, as well as environmental health and safety requirements up front is a key focus,” Dewar said.

May 2012: Bombardier (BMB)’s first-quarter net profit fell -13.6% to +$190 million from +$220 million in the corresponding year-earlier period, partly as a consequence of lower commercial airplane deliveries.

Overall revenue declined -24.8% to $3.5 billion and its Aerospace unit saw revenue dip -31.8% to $1.5 billion. President & (CEO), Pierre Beaudoin cited costs associated with the Canadian manufacturer’s business aviation programs and lower commercial deliveries. “Nevertheless, we were able to contain costs and maintain our profitability,” he said, “We had a solid level of new orders in business jets and we're starting to see momentum in commercial airplane orders, which led to an increased backlog of $23.3 billion.” Overall expenses decreased -25.6% to $2.9 billion.

Bombardier Aerospace (BMB) posted a first-quarter (EBIT) of $91 million, down -35.5%. It delivered 37 total airplanes compared to 61 in the prior-year period. It received 28 orders for commercial airplanes during the year’s first three months.

(BMB) has delivered the first of eight DHC-8-Q400 NextGen turboprop airliners ordered by new customer EuroLOT S A of Warsaw, Poland. The Polish carrier also holds options on an additional 12 of the airplanes.

Qatar Airways (QTA) has signed a strategic partnership agreement with Bombardier (BMB) Business Jet Solutions (LXJ, Dallas Love Field (DAL)), also known as Flexjet, to offer private jet connections from its four North American gateways at Houston George Bush Intercontinental (IAH), Montréal Pierre Elliott Trudeau International (YUL), New York John F. Kennedy International (JFK) and Washington Dulles International (IAD) airports.

June 2012: Netjets (EXF) ordered up to 275 Bombardier (BMB) Challenger Business jets. The firm order of 100 (BMB) Challenger jets is valued at approximately $2 billion US, and options for an additional 175 airplanes is valued at approximately $7.3 billion if all options are exercised. It is the largest Challenger jet and business airplane order in (BMB)'s history and encompasses both Challenger 300 Series and Challenger 605 Series jets. An aftermarket agreement to cover a term of up to 15 years is valued at up to $820 million for the firm orders.

“We are very proud that, once again, NetJets (EXF) has selected (BMB) airplanes to grow and support the expansion of its fleet worldwide,” said Steve Ridolfi, President, Bombardier Business Aircraft. “Our Challenger 300 Series and Challenger 605 Series jets are worldwide leaders in their respective segments. These airplanes are renowned for their reliability, performance and wide cabin comfort. We are convinced that the Challenger jets will complement (EXF)’s existing fleet perfectly. After selecting our Global airplanes last year, this new order is a fantastic endorsement of (BMB)’s large cabin product portfolio.”

The firm order comprises 75 Challenger 300 Series jets, with deliveries scheduled to begin in 2014, and 25 Challenger 605 Series jets, with deliveries scheduled to begin in 2015. The options comprise 125 Challenger 300 Series and 50 Challenger 605 Series jets. (EXF)’s new Challenger airplanes will feature an (EXF) configuration and will be operated in North America and Europe.

“We are very impressed with (BMB)’s overall product portfolio,” said Jordan Hansell, Chairman and Chief Executive Officer, NetJets Inc. “The Challenger 300 Series and Challenger 605 Series jets will be an excellent complement to our existing mid cabin capabilities and overall fleet that are unmatched in private aviation. We are particularly appreciative that (BMB) has been responsive to our needs in bringing an (EXF) configuration for our owners.”

The aftermarket agreement will see (BMB) provide scheduled and unscheduled line and heavy maintenance support for NetJets’ (EXF)'s Challenger 300 Series and Challenger 605 Series airplanes. In addition, their Challenger airplane fleet will be enrolled in (BMB)’s "Smart Services" programs, the leading cost-per-flight-hour solutions for (BMB) airplanes.

“The quality of (BMB) products is reinforced by the value our aftermarket programs and support teams deliver every day,” said Éric Martel, President, Bombardier Customer Services & Specialized & Amphibious Aircraft. “Our team is looking forward to working together with NetJets (EXF) to operate their Challenger airplane fleet as efficiently and cost-effectively as possible.”

Through its long-term service agreement with (EXF), (BMB) will provide a host of parts and maintenance services, including scheduled and unscheduled line and heavy maintenance support for the Challenger jets through its superior, worldwide Customer Services network of field and support personnel, parts distribution centers and maintenance facilities. (BMB) will also offer comprehensive parts provisioning services to the world’s largest business airplane operator.

NetJets (EXF) is the worldwide leader in private aviation with a fleet of over >700 airplanes worldwide. The company’s fleet plan is centered on providing NetJets (RXF) owners with non-stop capabilities around the globe in the industry’s most advanced business airplanes.

On March 1, 2011, NetJets (RXF) placed a firm order for 50 Global business jets, with options for an additional 70 Global airplanes. The transaction for the firm order was valued at approximately $2.8 billion US based on list prices. The firm order included 30 Global 5000 and Global 6000 airplanes, with final deliveries scheduled to begin in the fourth quarter of 2012. The sale also included 20 firm orders for (BMB)’s newly launched Global 7000 and Global 8000 jets. Deliveries of these airplanes will begin in 2017. At a total list price exceeding >$6.7 billion US, (EXF)’s order was the largest airplane purchase agreement in the history of private aviation.

Challenger 300 Series jet: The Challenger 300 Series jet offers transcontinental range and superior long-range cruise speed with nine passengers. It can fly from Los Angeles to New York City, and its superior airfield performance allows the airplane to operate out of 5,000-foot/1,524-m runways with ease. The Challenger 300 Series business jet offers the best performance and value amongst its competitors and has consistently exceeded customer expectations. With over >340 Challenger 300 jets in service, it is the market leader amongst its peers.

Challenger 605 Series jet: The Challenger 605 Series jet builds on the quality and reliability of its predecessor, the acclaimed Challenger 604 jet, leading its market share segment throughout the world. The Challenger 605 Series jet can whisk twelve passengers and three crew from New York City to London non-stop in the widest stand-up cabin of any large category business jet available today. There are over >850 Challenger 600 jets in service worldwide, including over >170 Challenger 605 jets, accounting for over 50% market share worldwide for its segment category.

Westjet (WJI) has signed a conditional order for 20 Bombardier (BMB) DHC-8-Q400 turboprops following last month’s letter of intent (LOI) to purchase the airplanes for its new regional affiliate. The transaction also includes 25 options.

The order is valued at approximately $683 million, which could increase to approximately $1.59 billion if the 25 options are converted to firm orders, according to a Bombardier (BMB) statement.

(WJI) is set to launch a regional airline in the second half of 2013 to under served regional airports. “Our launch plans are progressing nicely and we look forward to expanding to new communities when we launch in the second half of 2013,” (WJI) President & (CEO), Gregg Saretsky said.

July 2012: AirAsia (ASW) boss, Tony Fernandes has confirmed that he is in preliminary talks to buy up to 100 Bombardier (BMB) CSeries CS300 jets in a 160-seat configuration.

"We are taking this very seriously. It is an impressive airplane and we have good feeling about it. The flight crew (FC) and engineers (MT) are very happy about it as well," he said after a tour of the CSeries cabin mock-up, on which the Canadian airframer electronically projected the AirAsia (ASW) logo specially for the visit.

"The advantage is that the CSeries can get into a lot of airports to which we currently do not have access. And there is the price, and this looks like it could be a very affordable airplane. We are a very big Airbus (EDS) customer and so this is a very big decision."

He adds that these airplanes would supplement the low-cost carrier (LCC) fleet of A320s. The 200 A320neo it has ordered will replace its existing fleet from 2016, but the CSeries could come in from 2016 as well, says Fernandes.

With the CS300 due to be delivered to its first customer in 2014, a year after its smaller variant the CS100, the development of the airplane and the date of its actual entry into service (EIS) will be crucial to AirAsia (ASW)'s decision, he adds.

Even more importantly, Bombardier (BMB) have to prove that the operating cost of the airplane will "make sense" for (ASW), says Fernandes.

"We live and die by cost, and that will be crucial, but we also hope that Pratt & Whitney (PRW), who are supplying the engines, will be as enthusiastic as Bombardier (BMB) about this airplane," he said.

It is still not clear if Bombardier (BMB) will be able to squeeze 160 passengers into the CS300, with the company displaying a slim seat with a 28 inch pitch in the cabin mock-up. This could get up to 150 passengers, although that could change.

"This is a clean sheet design, and we will always be willing to go with the suppliers that the customers choose and reconfigure the cabin according to what they want," says Mike Arcamone, President of Bombardier Commercial Aircraft (BMB).

In an interview at the Farnborough Air Show, Mike Arcamone, Bombardier (BMB)'s President Commercial Aircraft said Bombardier's major milestone is entry into service (EIS) of a CSeries CS100 IN 2013. The CS300 goes into service a year later.

As regards CSeries orders (BMB) has achieved 50% of its target which is 300 firm orders. (BMB) has 153 firm orders and 325 total, including options.

Later, Air Baltic (BAU) signed a Letter of Intent (LOI) to order 10 Bombardier (BMB) CS300s and take purchase rights on another 10. (BMB) said it now has orders and commitments for 352 CSeries.

(BAU) is hoping to acquire a CSeries simulator for its Riga training center. (BAU) has a three-bay simulator center, which it uses for in-house and third-party training. One of the bays houses a multi-purpose cabin trainer and another holds a 737 Classic full-flight simulator. The final bay is vacant.

(BAU) (CEO), Martin Gauss said “It is now very likely that the empty bay will have a CSeries simulator. We will probably have the second CSeries simulator in Europe. Lufthansa (DLH) will have one, we will have one and we will see if we can do something together if either of us has overspill.”

Gauss wants to invest in the simulator to help with slot availability and convenience. “Lufthansa (DLH) has 30 CSeries on order, plus 30 options, so it could be very difficult to get slots. The alternative is Montreal which is a long distance from Riga.”

(BAU) is now looking at the business case and availability for the simulator. “We would need it half a year before the transition,” Gauss said. (BAU) is due to take its first CS300 in the fourth quarter of 2015.

August 2010: VistaJet (VSJ) made a $277 million firm order for six Bombardier airplanes at the Farnborough Air Show. The order was for four ultra long-range Global Express XRS and two large cabin Challenger 605 airplanes. The order, which placed a greater emphasis on large, longer-range airplanes, was to significantly increase (VSJ)’s long-haul capability in markets such as the Middle East, West Africa and Russia/(CIS), where flights are typically over six to eight hours.

September 2012: Bombardier (BMB) is evaluating whether to certify the CS300 for 160 passengers in response to demand from Vueling (VUS), AirAsia (ASW) and others.

Bombardier Aerospace (BMB) VP Marketing, Philippe Poutissou confirmed that CSeries prospects Vueling (VUS) and AirAsia (ASW) have shown interest in a higher-density CS300. “We are looking at that and speaking to the authorities. We haven’t formally offered it yet, but we have had discussions with some customers. We can’t be specific on a timeline and clearly some technical considerations would need looking at.”

Bombardier (BMB) is offering the smaller CS100 as a 100- to 125-seat airplane and the CS300 would hold 130 to 145 passengers. “We can do up to 150 seats,” Poutissou said.

Going any further would require additional work to meet evacuation requirements, extra cabin crew and changes to the airplane’s internal configuration. The CS300 has four bays that can house a variety of monuments, such as wardrobes and galleys, or additional seats. There would also be a range penalty to carry the extra payload.

October 2012: Bombardier (BMB) has begun assembly of the CSeries airplane’s first flight test vehicle (FTV1) at its Mirabel, Québec facility. According to Bombardier (BMB), the cockpit and all fuselage sections have arrived and the first wings for the all-new CSeries airplane are now being mated to the test airframe that will be used during the Complete Airframe Static Test (CAST).

The CS100 is due to enter service by the end of 2013, followed by the larger CS300 one year later.

Richardson, Texas-based airplane management company, Flexjet has received conditional authorization from the (FAA) for the use of iPads as electronic flight bags (EFBs). The conditional authorization applies to fractional flights conducted under 14 CFR 91, Subpart K.

Flexjet said it will make the complete transition from paper to the iPad electronic navigational charts on its fleet of Bombardier (BMB) business jets in January. "Flexjet's interest in Electronic Flight Bags (EFB)s extends beyond the use of just navigational charts in flight. Looking to the future, our ultimate goal is to integrate a number of aspects of our offering into the device to increase productivity and eliminate costs, while improving on the already stellar customer service for which we are known,” said Deanna White, President at Flexjet.

November 2012: VistaJet (VSJ) placed a firm $3.1 billion order for 56 Bombardier Global business jets, including 25 Global 5000s, 25 Global 6000s and six Global 8000s.

The order includes options for an additional 126 Global business jets, with delivery expected to begin in 2014. (VSJ) operates an exclusive fleet of Bombardiers (BMB), and is looking to expand its business aviation offerings in emerging markets, with a focus on the Middle East, (BMB) said. “Our customers need to fly point-to-point across the globe, and in many instances at short notice,” said Thomas Flohr, Founder & Chairman of (VSJ). “Such customer success allows us to place this historic order and will enable us to base even more brand new airplanes in these dynamic growth markets. I am excited to serve these markets with an unparalleled product both locally and globally.”

Bombardier (BMB) projects demand for 24,000 business jets globally over the next 20 years, and expects to see demand for its Global jets to continue to grow.

Delta Air Lines (DAL) placed a firm $1.85 billion order for 40 Bombardier (BMB) CRJ900 NextGen jetliners. The order includes options for an additional 30 CRJ900s, which would increase the order to $3.29 billion. The jets will operated by Delta Connection, the regional subsidiary of (DAL). “We selected Bombardier (BMB)’s CRJ900 NextGen airplane specifically because it is proven to be the most cost-efficient jet airplane in its class for our operations and this regional jet satisfies perfectly the agreement that we have made with our pilots (FC) to add +70 more 76-seat jetliners to our fleet,” said Ed Bastian, President of (DAL).

The two companies did not announce a projected delivery date for the airplanes. The order from (DAL) follows a recent large order for Bombardier (BMB) business jets from VistaJet.

December 2012: AirBaltic (BAU) has firmed an agreement to acquire 10 Bombardier (BMB) CS300 airplanes, with 10 options. The agreement was previously announced at the Farnborough Airshow. Based on list prices, the order is valued at approximately $764 million and could increase to $1.57 billion, if the options are converted.

In addition, an undisclosed North American carrier has signed a letter of intent (LOI) for 12 Bombardier CS100s, plus options for an additional 18. The firm-order contract is valued at approximately $870 million based on list prices, and could reach $2.08 billion if options are exercised.

(BAU) (CEO), Martin Gauss said, “Earlier this year, we launched our "ReShape" business plan that calls for the replacement of older airplanes and the transition to ‘greener flying’ with an exclusive all-Bombardier (BMB) fleet that will eventually involve taking on more DHC-8-Q400 NextGen airplanes together with the new CSeries airplanes. The CS300 airliner and the DHC-8-Q400 NextGen turboprop will optimize (BAU)’s network and fit perfectly in our ReShape business plan.”

Bombardier (BMB) had orders and commitments from 14 customers for a total 352 CSeries airplanes by September 30, including firm orders from nine customers for 138 airliners. First flight is scheduled for the end of June 2013.

January 2013: GKN Aerospace has delivered the first production airplane set of winglets to Bombardier Aerospace (BMB), Belfast, for the new Bombardier CSeries airplanes. The CSeries will serve the 100- to 149-seat market segment.

GKN Aerospace said delivery of the composite winglets has followed a “three-year design, test and initial manufacturing program, which has minimized winglet weight and complexity and maximized airplane fuel efficiency.”

The CSeries airplane is scheduled to enter into service in 2014.

GKN Aerospace (CEO), Europe & Special Products Group, Phil Swash said, “We are commencing now on a production program that will continue beyond the end of the first quarter of this century.”

February 2013: Bombardier Aerospace (BMB) this month welcomed Yakutia Airlines (SYL) to the growing family of DHC-8-Q400 airplane operators. (SYL), a domestic passenger carrier based in the northeast region of Russia, will fly three DHC-8-Q400 airplanes, with the first one having arrived at Yakutsk Airport.

(SYL)’s new status as a DHC-8-Q400 operator follows the type approval that was awarded in June 2012 by the Interstate Aviation Committee (IAC) – commonly known by its Russian acronym, (MAK). The DHC-8-Q400 is the largest Western-built turboprop airplane to be awarded type approval for operation in Russia and the Commonwealth of Independent States (CIS).

“This marks a wonderful achievement and milestone for the DHC-8-Q400 airplane program. We’re proud to welcome yet another new operator to the family – Yakutia Airlines (SYL) as the first Russian-based operator,” said Mike Arcamone, President, Bombardier Commercial Aircraft. “The Q400 aircraft is tailor-made for Yakutia Airline’s diverse route network that provides regional airline service to one of the largest territories in the world,” said Mr. Arcamone.

“The powerful, yet fuel-efficient DHC-8-Q400 turboprop was selected for (SYL)’s operations because of its high speed, which will allow us to cover long sectors; its ability to operate on unpaved runways; and importantly, its capability in the difficult conditions that northeast Russia presents, including high winds and extreme cold in the winter,” noted Ivan Prostit, General Director of Yakutia Airlines (SYL). “We expect that the combination of passenger comfort and low operating cost offered by the DHC-8-Q400 airplane will allow us to optimize our regional operations.”

Powered by two new-generation, 5,071-shaft horsepower (PW150A) engines, and capable of flying at a speed of up to 360 knots/667 km/h, the DHC-8-Q400 can quickly climb to turbulence-free altitudes, and can also provide fast access to the remote airports of the Siberian region of the Russian Federation.

Bombardier (BMB) has booked firm orders for 463 DHC-8-Q400 and DHC-8-Q400 NextGen turboprops, and delivered airplanes are in service with more than >40 operators in over >30 countries, on five continents. These airplanes have transported more than >243 million passengers and have logged more than >3.8 million flight hours and over >4.1 million take-offs and landings.

Russian authorities are in discussions with Bombardier (BMB) regarding assembling the DHC-8-Q400 in Ulyanovsk.

Russia’s Ilyushin Finance Company (IFC) leasing company has ordered 32 Bombardier CS300 airplanes, plus 10 options. The order is valued at approximately $2.56 billion at list prices. If the options are exercised, the contract would be valued at approximately $3.42 billion. The transaction, which follows a letter of intent (LOI) signed by (IFC) in 2011, must be approved by company shareholders.

The CS300 deal is the first large, non-Russian airplane order for (IFC), (CEO), Alexander Rubtsov said. He added the CSeries’ capacity and performance is between the Russian Sukhoi (SSJ) Superjet 100 and the MC-21 airplane, which (IFC) has also committed to purchase.

In 2012, Russian carriers’ fleet included 52 Bombardier CRJ100/200s, four DHC-8-300s and two DHC-8-100/200, according to Russia’s State Research & Development Institute for Civil Aeronautics.

In June 2012, the Interstate Aviation Committee (IAC) awarded airplane type approval to Bombardier (BMB)'s DHC-8-Q400 turboprop to operate in Russia and the Commonwealth of Independent States (CIS).

March 2013: Bombardier Aerospace (BMB) announced that it has entered into an agreement with Aeronautical Engineers, Inc (AEI) of Miami, Florida to become a Bombardier-licensed Third Party Supplemental Type Certificate (STC) Provider for passenger-to-freighter conversions for CRJ100 and CRJ200 airplanes. The freighters will include a large cargo door and will be marketed by (AEI) as CRJ100 and CRJ200 Special Freighter (SF) airplanes. SEE PHOTO - - "BMB-CRJ200 SF - 2013-03."

(AEI)’s conversion program will provide operators with a CRJ freighter airplanes capable of hauling a maximum payload of 6.7 tonnes. The freighter would come equipped with an Ancra cargo loading system capable of hauling pallets, containers or bulk loaded material. The Main Deck Cargo Door will be 94”/2.39 m wide by 77”/1.96 m high and feature (AEI)’s proven hydraulic actuation and latching systems that have been installed on more than 375 freighters.

Bombardier Aerospace (BMB) rolled out the first CSeries flight test vehicle (FTV1) March 7 at its Montreal Mirabel facility and announced an extended variant of the CS300 that can carry up to 160 passengers.
The (FTV1) will make its first flight by the end of June and is on schedule for entry into service (EIS) one year later, by mid-2014, (BMB) executives said.

AirBaltic (BAU) and two other undisclosed airlines have signed up for the CS300 extra capacity variant. (BAU)’s version will have 148 seats. At 160 seats, with a seat pitch of 28 inches, the CS300 will have the same seat costs as a 180-seat narrow body, CSeries VP & General Manager, Robert Dewar said.

The extra capacity variant will be achieved by a mid-fuselage extension, a second pair of overwing exits and will be retrofittable, Dewar said. (BMB) Commercial Aircraft President, Mike Arcamone said the first CS300 airplane will begin its flight test schedule in early 2014 with an entry into service (EIS) date planned for the end of 2014.

Arcamone said (BMB) has orders and commitments for 382 airplanes from 14 customers. (BMB) is not breaking out the split between CS100s and CS300s, but Dewar said the CS300 was tracking “slightly larger orders.”

The Lufthansa (DLH) Group is the launch customer for the CSeries for Swiss (CSR), but the first (EIS) airline has not been revealed.

Danish lessor, Nordic Aviation Capital (NAC) has signed a firm purchase agreement for four Bombardier DHC-8Q400 NextGens to be placed with airBaltic (BAU).

The $134.8 million deal will take (NAC)’s DHC-8-Q400 portfolio to 43 airplanes and firms up (BAU)’s DHC-8-Q400 fleet expansion plans.

“The four airplanes will be operated by airBaltic (BAU) and will join eight DHC-8-Q400 NextGen airliners ordered directly from Bombardier (BMB) as the airline transitions to an all-Bombardier fleet,” the (NAC) said.

At the 2012 Farnborough Air Show airBaltic (BAU) committed to 10 CS300 airplanes, with purchase rights on a further 10, which will be used for its fleet renewal. It firmed the deal in December.

Billund-based, (NAC) has also recently sealed a sale and leaseback with Marfin Investment Group covering 10 DHC-8-Q400s to be operated by Olympic Air (OLY). It has also agreed to the sale and leaseback of eight DHC-8-Q400 NextGens with Eurolot of Poland and the purchase of 12 CRJ1000 NextGens with Garuda Indonesia (GIA).

April 2013: Bombardier Aerospace (BMB) named industry veteran, Ian Ludlow as General Manager of its Amsterdam Service Center.

RwandAir (RWA) has signed a firm purchase agreement for one Bombardier (BMB) DHC-8-Q400 NextGen turboprop airliner, in an order valued at approximately $33 million, based on list prices.

May 2013: Bombardier Aerospace (BMB) announced that it has expanded its leading Challenger family of business jets with the addition of the new Challenger 350 airplane. The Challenger 350 jet was launched, with worldwide leader in private aviation NetJets® (EXF)/(NEU) as the worldwide launch partner, at a special event at the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland. Deliveries of the airplanes are expected to begin in 2014.

The Challenger 350 jet will offer increased performance from the new twin Honeywell (SGC) (HTF7350) engines, each producing 7,323 lbf/32.57 kN of thrust and reduced emissions, increased aerodynamic efficiency with its new canted winglets and will fly eight passengers 3,200 nm/5,926 km. The Challenger 350 jet boasts an impressive direct climb to 43,000 ft/13,106 m.

The Challenger 350 airplane’s cockpit will feature Rockwell Collins Pro Line 21 Advanced. Features of the new avionics include, among others, synthetic vision, dual inertial reference systems, a completely paperless cockpit and Multiscan Weather Radar. The new avionics will provide pilots (FC) with increased situational awareness and reduced pilot (FC) workload.

June 2013: Bombardier (BMB) racked up $1.8 billion worth of orders for its large and mid-size business jets on the first two days of the Paris Air Show, receiving strong demand for its Challenger 350 and Global 8000 jets.

Switzerland-based private jet operator, VistaJet (VSJ) placed an order for 20 Challenger 350 jets, a $518 million order based on current list prices. The order includes options for 20 additional Challenger 350s, which would increase the value to $1 billion.

Last November, (VSJ) placed the largest order in Bombardier (BMB)'s history, a $7.8 billion order for up to 142 Global business jets.

Also (BMB) announced a firm $804 million order for 12 of its Global 8000 business jets from an "undisclosed customer."

Last week, (BMB) released its annual 20-year outlook for business jet demand, predicting operators will require a total of 24,000 business jet deliveries worth $650 billion from 2013 to 2032.

Bombardier (BMB) has confirmed that Gulf Air (GUL) is the customer for 10 CSeries CS100s, with six options. The firm order was announced at the Paris Air Show in June 2011. (BMB) and (GUL) confirmed they are working together to ensure the CSeries airplane meets the goals of the airline’s ongoing restructuring, in line with its mandate to achieve long-term sustainability.

(GUL) earlier this year embarked on a major restructuring plan to cut heavy losses. "Over the past four years, Bombardier Commercial Aircraft (BMB) has tripled its airplane representation in the Middle East and Africa, and altogether, more than >200 Q-Series turboprops, CRJ Series regional jets and CSeries airplanes are in service with, or have been ordered by, operators in the Middle East and Africa,” Bombardier Commercial Aircraft President, Mike Arcamone said.

Russia’s Ilyushin Finance Company (IFC) shareholders have approved an order for 32 Bombardier CS300s, 50 Irkut (IKT) MC-21s and 20 Sukhoi Superjet (SSJ) SSJ100s, the company said.

WestJet (WJI) has taken delivery of its first of 20 Bombardier (BMB) DHC-8-Q400 NextGen turboprops, the two companies announced. The airplanes will be operated by the new regional carrier WestJet Encore, and will serve multiple destinations, beginning in Western Canada in its first year of service. (WJI) also holds 25 DHC-8-Q400 options.

Bombardier Commercial Aircraft (BMB) President, Mike Arcamone said this “very versatile airplane is efficient on short-haul missions or can use its speed to reach regional destinations farther afield, making it competitive with jets on longer sectors — a perfect fit for WestJet (WJI).”

WestJet (WJI) will begin Encore service on June 24, opening new routes to Fort St John and Nanaimo, British Columbia, as well as Brandon, Manitoba, on September 3. Flights to points in Alberta and Saskatchewan will be added later this year, along with additional flights to cities already served by (WJI).

Bombardier (BMB) said it has booked firm orders for 468 DHC-8-Q400s.

July 2013: Bombardier (BMB) has signed a letter of intent (LOI) with Ethiopian Airlines (ETH) to make (ETH)'s Technical division an authorised service facility for Bombardier DHC-8-Q400 turboprops. The facility has completed the necessary audits and the agreement will become official by late August, says Bombardier (BMB).

(ETH) will be authorised to provide Line & Heavy Maintenance on DHC-8-Q400 and DHC-8-Q400 NextGen models at its base at Bole International Airport in Addis Ababa. (ETH) operates a fleet of nine DHC-8-Q400 NextGen turboprops. (ETH)'s hangar will be the eighth facility authorized by (BMB) for commercial airplane maintenance.

(ETH) will have the second Bombardier (BMB) authorised service facility in Africa; (BMB) appointed South African Express Airways as an authorised location in November. Johannesburg-based South African Express provides maintenance for Bombardier CRJ100/200/700 regional jets, the DHC-8-100/-200/-300 airplanes and Q-series turboprops.

(BMB) also announced it has placed a new regional support office and parts facility in Johannesburg, South Africa. The depot is being established in partnership with ExecuJet South Africa and will provide parts and maintenance support for all Bombardier (BMB) business and commercial jets and turboprops. More than >240 of these jets are based in Africa. The Johannesburg depot will be Bombardier (BMB)'s 11th parts facility.

(GE) Aviation has (GEC) named (TAG) Farnborough Engineering as an authorized service center for (GE)’s (CF34-3) engines that power the Bombardier (BMB) Challenger series. Under this agreement, (TAG) Farnborough Engineering can perform engine line maintenance, as well as provide OnPointsolution agreement and warranty support and facilitate access to both (GE) parts and technical support.

August 2013: SEE ATTACHED - - "BMB-2013-08 - UPDATE."

Air Canada (ACN) is studying Bombardier (BMB)’s new CSeries jetliner carefully as it focuses on deciding by the end of the year which narrow-body jets to purchase for its fleet, (ACN) (CEO) said. “It’s a big, big decision because it’s more than >100 airplanes total,” (CEO), Calin Rovinescu told reporters at the opening of a new Operations Center near Toronto’s Pearson International Airport.

Bombardier (BMB) expects the single-aisle CSeries, with up to 160 seats, to make its first test flight sometime in the next few months and to be in service about a year later. It is the first all-new narrow-bodied jetliner in decades and will challenge top-selling Boeing 737 and Airbus A320 airplanes.

A big purchase by Air Canada (ACN) would do much to bolster the CSeries’ disappointing order book. (BMB) had announced 177 firm CSeries orders by late July, well short of its target of at least 300 firm orders by the middle of next year. It failed to firm up new business at this summer’s Paris Air Show even as its competitors announced big orders.

(GE) Aviation (GEC) has named Comlux (CLA) as an authorized service center for (CF34-3)s on Bombardier (BMB) Challengers. Comlux (CLA) can now perform line maintenance inspections and routine installed engine maintenance, including removal and replacement of engines and engine components. (CLA) can also do OnPoint and (GE) warranty support.

Bombardier Aerospace (BMB) presented further evidence of its growing relationship with Russia and the Commonwealth of Independent States (CIS) with the announcement of its intention to enter into exploratory discussions with leading Russian airplane manufacturer, the IRKUT Corporation (IKT) on potential strategies and collaboration for the provision of customer support.

Exploratory discussions would focus on the development of (IRKUT)’s (IKT) customer support infrastructure within Russia based on Bombardier (BMB)’s widely respected customer support model and also explore areas of knowledge sharing and potential future areas of collaboration. “Russia continues to be a key area of focus for Bombardier (BMB) and, in the spirit of partnership, we are pleased to explore areas of potential common interest with a view to building stronger relationships with our Russian counterparts,” said Éric Martel, President, Customer Services & Specialized & Amphibious Aircraft, Bombardier Aerospace. “It is our hope that these preliminary discussions will lead to several areas of cooperation that will support successful entries into service of the MS-21 and CSeries airplanes in Russia, and around the world.”

IRKUT’s 150- to 212-seat MS-21 commercial airliner is currently in development and is scheduled to enter into service (EIS) in 2017.

Bombardier (BMB) has maintained an accelerated pace in expanding its customer support network in the region as well. The company maintains a full-service regional support office in Moscow, which opened in September 2012, operated by Bombardier Aerospace Services Russia LLC (BASR). In August 2012, Tulpar Technic of Kazan, Russia was appointed as a Bombardier Authorized Service Facility for CRJ100 and CRJ200 regional jets. Bombardier (BMB) will also host a regional review for (CRJ) Series operators in Moscow in September.

Bombardier Aerospace (BMB) announced that Moscow-based leasing company, Ilyushin Finance Company (IFC) has signed a letter of intent (LOI) to acquire 50 DHC-8-Q400 NextGen airliners that would be assembled in Russia under a joint venture (JV) that may be created by Bombardier and Rostekhnologii (“Rostec”). This announcement follows one made earlier, relating to potential industrial cooperation between Bombardier (BMB) and Rostec, a state corporation controlled by the Russian Federation. (IFC)’s (LOI) was finalized during the 2013 International Aviation & Space Salon, known as the (MAKS) 2013 Air Show, held at Moscow’s Zhukovsky Airport.

The series of preliminary agreements between Bombardier (BMB) and Rostec included a (LOI) for the sale of 50 DHC-8-Q400 NextGen airplanes; a Market Development Agreement reached with Rostec and its airplane leasing subsidiary, Avia Capital Services, that will provide an opportunity to place at least 50 additional DHC-8-Q400 NextGen airplanes in the region; and a memorandum of understanding (MOU) for industrial cooperation to validate the opportunity to set up a DHC-8-Q400 NextGen final assembly line in Russia. Should the (MOU) lead to the establishment of a final assembly line in Russia, the airplanes that (IFC) intends to purchase would be locally assembled and, together with airplanes to be acquired by Rostec, make up a total of 100 DHC-8-Q400 NextGen airplanes that would be built in Russia for Russian customers.

Should a definitive purchase agreement be reached, and based on the list price of the DHC-8-Q400 NextGen airliners, a firm contract for 50 Q400 NextGen airplanes would be valued at approximately $1.695 billion USA. “Our intent to purchase 50 DHC-8-Q400 NextGen airplanes and our recent firm order for 32 Bombardier CS300 airplanes will provide local operators with the potential to expand regional travel with airplanes that are complementary to the latest Russian-built airplanes which illustrates our strategy to find the best portfolio of products for our customers,” said Alexander Rubtsov, Director General, (IFC).

September 2013: Bombardier Aerospace (BMB) has been conducting high-speed taxi testing with its new CSeries airplane in preparation for an anticipated first flight. No date has been given for the maiden flight of flight test vehicle 1 (FTV1), but it is expected to occur as soon as weather conditions are good. Rain, a low cloud ceiling and scattered thunderstorms have prevailed in the Montreal area recently and are forecast to continue, making a first flight unlikely. SEE ATTACHED - - "BMB-2013-09 CSeries 1st Flight."

Transport Canada awarded a flight test permit for the first CSeries airplane in late August, paving the way for the program’s maiden flight. The (FTV1) has completed all pre-flight tests, including airplane in the loop testing, during which it was “flown” on the ground in a simulated flight environment to ensure the first airplane behaved in the same manner as experienced with the on-the-ground Complete Integrated Aircraft Systems Test Area. Low- and high-speed taxiing followed.

(BMB) originally planned to conduct the first CSeries flight at the end of 2012, but has delayed it three times, with the latest postponement occurring in late July.

The CSeries is powered by Pratt & Whitney Geared Turbofan (PW1500G) engines. It is aimed at the 100- to 149-seat market. (BMB) has booked orders and commitments for 388 CSeries airplanes, including 177 firm orders.

After 18 successful years as Bombardier (BMB)’s fractional jet ownership division, Flexjet announced a definitive agreement for its purchase by a group led by Directional Aviation Capital through a newly-formed entity, Flexjet, LLC. With support from its new investors, Flexjet is placing the largest private aviation order in its history valued at approximately $5.2 billion for up to 245 Bombardier business jets. The transaction for the sale of Flexjet is expected to close by the end of the year.

“This opportunity marks the evolution of the next generation of Flexjet, placing us in a position to work with an exceptional group led by Directional Aviation Capital, an investment firm focused on our core business, with the resources needed to ensure a strong future powered by the latest technology,” said Deanna White, President, Flexjet. “Flexjet remains committed to providing owners with exceptional private travel experiences, while maintaining the highest standards of flexibility. We look forward to offering our owners and their guests access to the newest, most advanced airplanes available.”

“Flexjet is an extremely well-run, profitable business known for its unmatched focus on owner experience and operational excellence,” said Kenn Ricci, Principal, Directional Aviation Capital. “Our vision for Flexjet is of a luxury brand with a young fleet, the latest technology, custom interiors and continued industry-defining service. That vision inspired this transaction and landmark order with Bombardier (BMB). There is tremendous opportunity for a bespoke brand in the private travel market and Flexjet, with its enhanced fleet, is uniquely suited to fill that void.”

The firm order includes 85 business jets, featuring next generation Challenger 350, Challenger 605 and Learjet 75 jets, and the highly anticipated Learjet 85 airplane. The agreement also includes options for an additional 160 business jets. Fractional shares are now available, with some airplane deliveries beginning in 2014. “With this historic order, Flexjet will remain a leading Bombardier (BMB) customer and manager of the world’s largest collection of the manufacturer’s private jets,” added Ricci.

When the transaction closes, Deanna White will continue to lead Flexjet through the next chapter of growth and evolution. Flexjet will continue to be run as an independent brand, with even more resources available to fulfill its promise of offering exceptional travel experiences to owners each and every flight.

This development emerges during a momentous period of growth for Flexjet, which is reporting a 96% increase of new fractional and jet card sales in January to June 2013 compared to the same period in 2012. In the first six months of this year, sales of new fractional shares increased a notable +112%, while new jet card sales grew a solid +68%.

As a result of this growth, Flexjet is hiring pilots (FC) and employees to satisfy the increasing demand. This year, Flexjet also marks the 50th anniversary of Learjet with a nationwide tour featuring the Learjet 85 model, and the 10th anniversary as the first private aviation provider to manage the Challenger 300 airplane, celebrated as the world’s best-selling super mid-size jet. Flexjet, the world’s second largest fractional jet ownership services provider, currently manages one of the youngest collections of airplanes in the fractional jet industry (averaging approximately six years of age) which will be refreshed with each new airplane delivery.

NavAero has received (FAA) supplemental type certification (STC) on the Bombardier (BMB) DHC-8-400 series for the installation of a class 2 tablet electronic flight bag (EFB) provisions for the navAero tablet (EFB) system that includes the navAero universal airplane interface device. Provisions include pilot/first officer (FC) cockpit mounts that feature electrical connectivity for device charging and data connectivity.

October 2013: Bombardier (BMB) reported net profit of +$147 million for the third quarter ended September 30, down -14.5% from +$172 million in the year-ago quarter. Revenue for the quarter was $4.1 billion, down -2.4% from $4.2 billion year-over-year. Its overall backlog reached $65.5 billion as of September 30, compared to $64.9 billion as of December 31, 2012.

In the third quarter, Bombardier Aerospace reported (EBIT) of $86 million, down -27% from $118 million in the year-ago quarter. Revenue was $2 billion, down slightly from $2.3 billion year-over-year.

(BMB) ended the quarter with $32.9 billion backlog, the same level as of December 31, 2012. During the quarter, it delivered 45 airplanes compared to 57 for the same period last fiscal year. It received 26 net orders during the third quarter, compared to 83 for the same period last fiscal year.

“In Aerospace, results were in line with our guidance, but the low order intake and overall market conditions were a disappointment,” Bombardier President & (CEO), Pierre Beaudoin said in a company statement. “And in September, the CSeries had its first flight thus starting the extensive flight test program. The overall market remains resilient and as illustrated by some order wins during the quarter, our penetration of new regions continues to be strong,” Beaudoin said.

Luxair (LUX) has placed a firm order for a Bombardier DHC-8-Q400 NextGen turboprop, a $32.2 million purchase at current list prices. Along with the firm order, (LUX) signed an agreement for an option for an additional DHC-8-Q400 NextGen airplane, which would increase the value to the purchase to $65.78 million if confirmed. (LUX) currently operates a fleet of six DHC-8-Q400s.

Bombardier (BMB) now has a total of 476 firm orders for DHC-8-Q400 and DHC-8-Q400 NextGen turboprops.

(BMB) announced that Chinese leasing company CDB Leasing Company (CLC) is the previously announced undisclosed customer that signed a conditional purchase agreement for five CS100 and 10 CS300 airliners.
The purchase agreement also includes options on an additional five CS100 and 10 CS300 airplanes, for a total of up to 30 CSeries airplanes.

The order is valued at $1 billion at list prices, or just over >$2 billion if all 15 options are exercised. The CSeries is designed for the 100- to 149-seat market, is powered by Pratt & Whitney (PRW) (PW1500G) engines, and began its flight test program in September.
(BMB) has booked orders and commitments for 403 CSeries aircraft, including 177 firm orders for 177 CSeries from around 15 customers and lessors.

Conviasa (VCV) is planning to acquire ten DHC-8-400s from Bombardier (BMB) in addition to ten Grand Caravan 208s from Cessna Aircraft Company. Venezuelan newswires report that the turboprops will be used to service the country's more remote and difficult-to-reach airfields. During the DHC-8-Q400's recent marketing tour of Venezuela in September, the airplane was flown to three operationally-demanding Venezuelan airports: Mérida, San Antonio del Táchira, and Maracay.

Bombardier (BMB) has confirmed there will likely be a corporate version of its CSeries airplane. But the company has not established a timeframe and is currently focused on sales and development of other business jet models. “I’m sure we will [produce] one at some point,” Steven Ridolfi, President of Bombardier (BMB)’s Business Airplane division, said of a corporate version of the CSeries. “I don’t think it’s in our near-term horizon. We have a lot on our plate.” He did say the airplane would compete against corporate airplanes manufactured by Boeing and Airbus.

Bombardier (BMB) completed the first flight of the CSeries in September and expects flight testing to take 11 months.

November 2013: At the Dubai Air Show, Abu Dhabi Aviation signed a letter of intent (LOI) for two Bombardier DHC-8-Q400 NextGen airplanes. Based on current list prices, the deal is valued at approximately $70 million. SEE PHOTO - - "BMB-2013-11 - ABU DHABI AVIATION LOI" - - From left, Abu Dhabi Aviation (CFO), Ashraf Anis Fahmy, Bombardier Commercial Aircraft President, Mike Arcamone and Abu Dhabi Aviation Commercial Director, Khaled Y Mashhour.

Air Cote d'Ivoire (VRE), the national airline of the Ivory Coast, has agreed to order two Bombardier (BMB) DHC-8-Q400 NextGens for delivery in 3rd Quarter 20114, and option two more. The deal, subject to finalizing financing, is valued at $69 million, or $141 million, if both options are converted, which is expected in late 2014.

December 2013: The American Airlines Group has signed a firm purchase agreement for 60 Embraer EMB-175 jets with options for another 90 EMB-175s, as well as a firm order for 30 Bombardier CRJ900 regional jets with options for 40 more airplanes. The orders are the first new airplane orders since American (AAL) and US Airways (AMW)/(USA) merged into a single company on December 9.

Bombardier (BMB) said the CJ900 firm order value is $1.42 billion at list prices, which could increase to $3.38 billion if the 40 options are converted into firm orders. The (AAL) CRJ900s will have a package of NextGen enhancements, which include upgraded avionics and engine improvements for further fuel-burn savings.

Iraqi Airways (IRQ) has firmed a purchase agreement for five Bombardier (BMB) CS300s plus 11 options. The agreement follows a letter of intent (LOI) that was previously announced at the Dubai Air Show.

According to Bombardier (BMB), the firm order is valued at approximately $387 million at current list prices and could increase to $1.26 billion if the options are converted to firm orders.

China’s Nantong Tongzhou Bay Aviation Industry has signed a letter of intent (LOI) to acquire 30 firm Bombardier (BMB) DHC-8-Q400 airplanes, as it prepares to launch commercial airline operations in China through an airline to be named Sutong Airlines. The value of the deal is approximately $995 million based on current list prices.

The Nantong, Jiangsu-based carrier plans to operate an all-Bombardier (BMB) fleet of DHC-8-Q400 airplanes when it starts operations in 2015.
“With its regional aviation model set to revolutionize air service in Jiangsu, one of China’s most affluent and fast-growing provinces, Sutong Airlines will not only make traveling increasingly convenient for the people of Jiangsu, but will also bring tremendous economic benefits to the economies and communities of the province,” Nantong Tongzhou Bay Aviation President, Zhou Binzhen said.

Bombardier Commercial Aircraft President, Mike Arcamone said the manufacturer is “pleased to support China's five-year plan that calls for the expansion of regional airlines to allow ease of movement within China.”

As of September 30, Bombardier (BMB) said it had booked 476 firm orders for DHC-8-Q400 and DHC-8-Q400 NextGen turboprops.

(BMB) announced that it has received a firm order for 10 Challenger 350 business jets. The transaction is valued at approximately $259 million US, based on the 2013 list price for typically equipped airplane.

Arik Air ((IATA) Code: W3, based at Lagos) (AKI) has unveiled its first of three CRJ-1000s on order from Bombardier (BMB). The first of the regional jets, (5N-JEE), was presented to the public at Lagos on December 14. As the African launch customer for the type, (AKI) intends to deploy the jet on flights between Lagos and Owerri and Enugu. In addition, it will also be used at night to launch a new third daily Lagos to Accra service. Arik Air (AKI)’s first CRJ1000 NextGen aircraft is configured to seat 100 passengers in an all-economy (Y)-class configuration whereas the remaining two (due to be delivered late next year) will offer a two-class configuration with 12PC Premier Business Class seats and 80Y Economy Class seats. The first CRJ-1000 will be retrofitted to the two-class configuration in the future.

January 2014: Aeroflot (ARO) has suggested it could acquire Bombardier (BMB) DHC-8-Q400s for new subsidiary, Aurora Airlines (AAZ). However, such a deal is only likely if (BMB) pursues a joint venture (JV) with Rostekhnologii (Rostec) and establishes a final assembly line fot the 70 - 78 seat turboprop in Russia.

Bombardier Aerospace (BMB) announced that it delivered 238 airplanes during 2013, compared to 233 airplane deliveries in the previous calendar year ended December 31, 2012. (BMB) also received orders for 388 airplanes, net of cancellations, compared to 481 orders, net of cancellations, for the previous year.

“The global economy has remained persistently sluggish, and with its recovery taking longer than originally anticipated, 2013 continued to be a challenging year for aviation,” said Guy Hachey, President & Chief Operating Officer (COO), Bombardier Aerospace. “Despite this difficult environment, we put in a solid performance overall. We had a successful order intake that included firm orders from a broad base of customers located in both traditional and emerging markets. A few of these included Flexjet, VistaJet, American Airlines (AAL), the Ilyushin Finance Company (IFC) of Russia and Iraqi Airways (IRQ).”

“(BMB)’s strategy of geographic diversification in targeted countries continued to gain momentum in 2013. Our focus to expand our products’ presence in growing international markets yielded results with orders from customers based in Africa, Asia-Pacific, China, the Middle East, and Russia. We are encouraged by the volume of orders for both business and commercial airplanes, and the resulting strong order backlog. As well, we achieved a significant milestone with the sale of one of our Bombardier 415 amphibious airplanes to a customer in the USA,” added Mr Hachey.

Business Aircraft
In 2013, (BMB) delivered 180 business jets, compared to 179 for the previous calendar year ended December 31, 2012. (BMB) delivered 10 fewer business airplanes in 2013 compared to guidance, mainly due to the transition from the Learjet 40 XR and Learjet 45 XR airplanes to the Learjet 70 and Learjet 75 airplanes, which entered into service in the fourth quarter of 2013. During this same period, the company received 305 net orders for business jets, compared to 343 for the previous year.

Commercial Airplanes
In 2013, (BMB) delivered 55 commercial airplanes, compared to 50 for the previous calendar year ended December 31, 2012. The 2013 deliveries were in line with guidance. During this same period, the company received 81 net orders for commercial airplanes, compared to 138 for the previous year.

Bombardier Aerospace (BMB) will lay off 1,700 employees in a bid to contain costs after stretching out CSeries development by at least 12 months and seeing business and commercial airplane orders decline in 2013. SEE ATTACHED - - "BMB-2014-01 - JOB CUTS-A/B."

Announced in an internal memo to employees, the layoffs will be split between 1,100 in Canada and 600 in the USA. Plants in Northern Ireland and Mexico are not affected, (BMB) said.

(BMB) currently has 38,350 employees worldwide and said the final layoff figure may be lower as it has 300 open positions, some of which could be filled by affected employees.

(BMB) last made major layoffs in 2007, at the bottom of a financial downturn that saw the company abandon almost all new-product development in a bid to stay solvent. A year later, (BMB) launched development of the CSeries airliner and began hiring again.

(BMB) said it has been making efforts to contain costs for the past year to 18 months in the face of massive development expenditures for the all-new CSeries airliner and Learjet 85 and Global 7000/8000 business jets, as well as the upgraded Learjet 70/75 and Challenger 350.

“After a series of different initiatives to reduce cost, unfortunately we have had to make layoffs,” a spokesperson said, adding, “These cuts are specifically targeted at cost containment.”

(BMB) is not blaming the CSeries delay, which has pushed entry into service (EIS) to the first half 2015 from mid-2014, for the layoffs. “A number of factors contribute to our cash flow,” she said.

The company delivered 238 business and commercial aircraft in 2013, +5 more than the previous year, but -10 fewer than forecast, because of delayed certification of the Learjet 70/75.

At 388 airplanes, total orders net of cancellations for 2013 were down from 481 a year earlier. Net orders for business jets slid to 305 from 343, and to 81 from 138 for commercial airplanes, including the CSeries.

Bombardier Aerospace (BMB) has delayed CSeries entry-into-service (EIS) until the second half of 2015. The CSeries airplane program is making solid progress and initial performance results are in line with the company's expectations. Nonetheless, a thorough review of the first flight of the CS100 on September 16th 2013 prompted company officials to delay its (EIS) until the second half of 2015, followed by the CS300 airplane's (EIS) approximately six months later.

Designed for the growing 100- to 149-seat market, the completely new CSeries airplane family is powered by Pratt & Whitney (prw) PurePower (PW1500G) engines.

Bombardier (BMB) has booked orders and commitments for 445 CSeries airplanes, which include firm orders for 198 CSeries airliners, to date. Some 17 customers and lessees have joined the CSeries airplane program.

February 2014: Bombardier (BMB) has announced a follow-on order from an existing customer for three more CS300s valued at $228 million.
The Singapore Airshow kicked off with the three-airplane order from an undisclosed existing customer, which Bombardier (BMB) said takes its CSeries firm order tally to more than >200. “We are thrilled that one of our existing customers is confidently ordering more airplanes and has pushed our firm-order tally beyond the 200th order milestone,” said Bombardier Commercial Aircraft President, Mike Arcamone.

News of the order came just after Bombardier (BMB) handed over its third test airplane, (FTV3), to its flight test team in preparation for its first flight. “The flight test program has ramped up with the first two flight test vehicles, (FTV1) and (FTV2), well into their flight and ground tests,” said Arcamone. “As of today, we have more than >10 airplanes in various stages of testing and production, and together with the key components being manufactured at our partner sites for airplanes that follow, the CSeries airplane program is progressing steadily.”

Last month, Bombardier (BMB) pushed its CSeries service-entry target back by at least 12 months, saying it will take longer than planned to complete certification flight testing.

Bombardier also announced a firm purchase agreement from Abu Dhabi-based corporate jet operator, Falcon Aviation Services for two Bombardier DHC-8-Q400s valued at $61 million.

March 2014: WestJet (WJI), which has 20 Bombardier DHC-8-Q400s on firm order, has converted five of its 25 options into firm orders. The airplanes are scheduled for delivery in the second half of 2015; the first airplane will arrive in June 2015.

With the conversion of these options, (WJI) will have a fleet of 25 DHC-8-Q400s by the end of 2015. (WJI) has further options for 20 more DHC-8-Q400 airplanes between 2016 and 2018.

The airplanes will be used by all DHC-8-Q400 operation WestJet Encore, which launched operations in June 2013 as a feeder for (WJI)’s hubs. “From our fleet of nine DHC-8-Q400s today, this growth will enable us to expand and strengthen our network,” WestJet Encore President, Ferio Pugliese said. “These airplanes will serve new markets, increase frequencies between existing cities, and strengthen our network by creating new connections between existing markets and optimizing capacity by time-of-day. We also anticipate new transborder opportunities as we continue to grow.”

Bombardier Aerospace (BMB) announced that Adria Airways (ADR) of Ljubljana, Slovenia has signed a firm purchase agreement for two CRJ900 NextGen regional jets. A Star (SAL) Alliance member with over fifty years of experience in scheduled and charter services, (ADR) has been a Bombardier (BMB) customer since March 1997. It currently operates four CRJ200, two CRJ900 and two CRJ900 NextGen regional jets. Based on the list price for the CRJ900 NextGen airplane, the order is valued at approximately US$92 million.

Including Adria Airways (ADR)’s order, Bombardier (BMB) has recorded firm orders for 1,814 CRJ Series airplanes, including 341 CRJ900 and CRJ900 NextGen airplanes. Worldwide, CRJ Series airplanes are in service with more than >60 airlines and more than >30 customers operate corporate variants of the airplane. The airplanes are operating in over >50 countries on six continents, and on average, a CRJ airplane takes off every 10 seconds somewhere in the world. CRJ Series airplanes have transported more than >1.4 billion passengers and have logged more than >38 million flight hours and over >32 million takeoffs and landings.

April 2014: Aeromar (TRO) unveiled a new livery on its 3rd Bombardier CRJ200 (XA-UTF - - SEE ATTACHED - - "BMB-CRJ200-2014-04").

May 2014: Bombardier (BMB) reported first-quarter net income of +$115 million, down -22.3% from a net profit of +$148 million in the prior-year period, on essentially flat revenue of $4.35 billion.

The Canadian manufacturer booked 43 net orders for commercial airplanes in the three months ended March 31, a big improvement over just one net order booked in the prior-year quarter. Commercial firm orders were led by 17 DHC-8-Q400 NextGen turboprops from six customers.

Bombardier (BMB) expressed confidence that CSeries sales will pick up as the airplane gets closer to entry into service (EIS) next year. CSeries firm orders currently stand at 203.

The CSeries “flight test program is progressing well,” Bombardier (BMB) President & (CEO), Pierre Beaudoin told analysts and reporters. He noted that three CSeries flight test vehicles have operated a combined 280 hours of flight tests. A fourth CSeries flight test vehicle is slated to complete its first flight “in the coming weeks,” according to Bombardier (BMB), which has expanded the flight envelope to the maximum 41,000 feet and the maximum operating speed of Mach 0.82.

Beaudoin said the CSeries remains on track to enter service in the second half of 2015. “I feel very confident about 300 [CSeries] units [on firm order] before entry into service (EIS),” he said, adding, “We have quite a few very active [sales] campaigns with people who have followed the program from the beginning” and are gaining confidence as the flight test program moves forward.

Later, however, Bombardier (BMB) grounded the CSeries flight test program, while it investigates an engine failure that occurred May 29 on flight test airplane (FTV1) during ground testing. While (BMB) has confirmed “an engine-related incident,” Canada’s Transportation Safety Board (TSB) confirmed that “a Bombardier CS100 airplane experienced an engine failure during ground testing.” The (TSB) dispatched an investigator to (BMB)’s facility in Mirabel, Quebec, where the engine failure occurred.

The CSeries is powered by Pratt & Whitney (PRW) (PW1500G) geared turbofan (GTF) engines. (PRW) spokesman, Ray Hernandez said that (PRW) “is working with (BMB) to understand the incident that occurred on May 29. At this time, it is premature to discuss the incident in detail.”

Bombardier (BMB) said that “the CSeries airplane flight test program will resume once the investigation [into the engine failure] is completed.” Entry into service (EIS) for the CSeries has already been delayed by (BMB) to the second half of 2015. It is unclear how the May 29 engine failure will affect that timeline.

The CSeries is the first application for (PRW)’s (GTF) program. (GTF) engines are also slated to power the Airbus A320neo, Mitsubishi Airplane Corporation MRJ, Embraer (EMB) EMB-Jet E2, and Irkut (IKT) MC-21.

Briefing reporters last week at (PRW)'s headquarters in East Hartford, Connecticut, (PRW) President, Paul Adams said the CSeries “and the engine are doing extremely well” in flight testing.

There was an apparently minor incident with a (GTF) engine flying on (PRW)’s Boeing 747SP flying testbed airplane on April 29. “That April 29 incident in Mirabel was a minor anomaly with a test engine, which is common during flight testing,” Hernandez said. “Examination of that engine revealed that there was no apparent damage, and we were able to run it again the next day.”

Bombardier (BMB) will this month deliver a CRJ900 to American Airlines (AAL) with enhancements providing a +5.5% improvement in fuel burn over previous CRJ900s. The airplane is the first CRJ900 featuring a package of aerodynamic and other “NextGen” enhancements.

The +5.5% fuel burn improvement will now be the “production standard” on the CRJ900, Bombardier Commercial Airplane VP Americas Sales, Kevin Smith told reporters at the Regional Airline Association convention in St Louis, Missouri. Going forward, operators of newly delivered CRJ900s can “take that savings to the bank,” he said.

(AAL)’s enhanced CRJ900 will enter service in June and be operated by (PSA) Airlines under the American Eagle brand. It will be configured into three classes, including 16 “cabin-extra” seats between business (C) class and economy (Y).

Smith indicated Bombardier (BMB) is close to unveiling additional CRJ900 improvements. “We have a few ideas in our pocket now that we could roll out in the near future that would greatly enhance” fuel burn efficiency, he said.

June 2014: The American Airlines Group has taken delivery of the first of 30 enhanced Bombardier CRJ900 NextGen airplanes, which will be operated by subsidiary, PSA Airlines under the American Eagle brand. The purchase agreement, which was announced in December 2013, also included options for an additional 40 CRJ900s.

As of March 31, Bombardier (BMB) has recorded firm orders for 1,817 CRJ Series airplanes, including 343 CRJ900 and CRJ900 NextGen airplanes. More than >60 airlines currently operate the type.

Pratt & Whitney (PRW) has delivered the first (PW1200G) geared turbofan (GTF) engine to Mitsubishi Aircraft Corporation for installation on the (MRJ) jet airplane." Seven test airplanes will make up the (MRJ) program. The (MRJ)’s first flight is targeted for the second quarter of 2015. First delivery is slated for the second quarter of 2017.

“Our new engine architecture complements the various (MRJ) technologies that will offer customers a reduction in fuel consumption, noise and emissions,” Pratt President Commercial Engines, David Brantner said.

The (MRJ) (GTF) engine delivery comes shortly after (PRW) delivered the first A320neo (GTF) engine to Airbus (EDS). The investigation into the recent failure of a (PW1500G) (GTF) engine on a Bombardier (BMB) CSeries flight test airplane during ground testing is ongoing.

Pratt & Whitney (PRW) has made a preliminary determination of the root cause of the (PW1500G) geared-turbofan engine failure during ground tests on a CSeries and is working with Bombardier (BMB) “on a plan to resume testing in the next few weeks,” said Greg Hayes, (CFO) of parent company, United Technologies Corporation (UTC). “We believe we have an understanding of what has occurred. If we are correct in our thinking, it can be rapidly fixed.”

The uncontained failure occurred May 29 at Mirabel, near Montreal, during stationary ground maintenance testing of the first flight-test CSeries, airplane (FTV1). The incident damaged both the engine and the airplane.

Bombardier (BMB) stopped all flying, but has continued ground testing on airplanes (FTV2), (FTV3) and (FTV4). The engine was shipped to (PRW)’s Connecticut plant for tear-down and inspection. While the investigation continues, Hayes said, “We believe we have come to a preliminary root-cause analysis, and it will not have a significant impact on the testing schedule.” Hayes did not detail the suspected cause, but said “it does not relate to anything to do with the fan drive gearbox. It is something much simpler than that.” Some unconfirmed reports have tied the incident to the engine’s oil system.

Bombardier (BMB), meanwhile, has said the airplane is “very repairable.” (FTV1) is the envelope-expansion, handling-qualities and engine test airplane, but (FTV2) is fully instrumented as a backup. (BMB) said it still plans to begin deliveries of the initial 110-seat CS100 variant in the second half of 2015, already a slip of more than >18 months from the original schedule.

July 2014: Guy Hachey, who led Bombardier (BMB)’s airplane businesses for the past six years and was a guiding force behind the new CSeries passenger jet, is leaving the company as part of a corporate overhaul.

The Canadian transportation giant will reorganize into four business units: Commercial Aircraft; Business Aircraft; Transportation; and a new Aerostructures & Engineering services unit. The new structure will take effect January 1, 2015, but the heads of all four businesses will report to Bombardier (BMB) President & (CEO), Pierre Beaudoin “effective immediately,” the company said July 23.

Hachey, President & Chief Operating Officer (COO) of Bombardier Aerospace since 2008, will retire as a result of the organization, the company said. His name and biography were removed from the management page on Bombardier (BMB)’s website. Mike Arcamone will remain President of Bombardier Commercial Aircraft, and Eric Martel will stay on as the head of the company’s Business Aircraft unit.

The CSeries made its first flight in September, but has struggled to gain traction in the 100 to 150-seat passenger aircraft market, thanks in part to a fierce response from Airbus and Boeing. Moves to re-engine the Airbus A320 and Boeing 737 were aimed at least in part in reducing the cost advantage of the all-new CSeries, which was launched six years ago shortly after Hachey joined the company following a 30-year career at General Motors and Delphi. During his tenure at Bombardier, he won praise for implementing more efficient processes from the automobile industry.

In an interview with ATW sister publication Aviation Week in December, Hachey insisted the CSeries program would remain under the company’s $3.9 billion development cap. “When I look at the business case, we’re still well within the return on investment we anticipated,” he said.

But that was before an uncontained failure of the aircraft’s Pratt & Whitney PW1500G engine May 29 halted the flight test program, forcing the CSeries to miss its air show flight debut at Farnborough last week. Pratt has expressed hopes that a modification to the engine’s oil system will allow the grounded test aircraft to resume flights.

The organizational overhaul “cannot possibly be good,” Langenberg & Co. principal Brian Langenberg wrote in a note to his clients. “Faith in management execution was already low.” But his also reiterated his long-term faith in the company. “They make very good aircraft and the CSeries will be ultimately successful.”

Bombardier (BMB) has received a firm order for 16 CRJ900 NextGen regional jets, plus eight options, from an unidentified customer. Based on current list prices, the order is valued at approximately $727 million; it could increase to $1.12 billion, if the options are exercised.

Bombardier Senior VP Sales, Ray Jones said, “With the most recent enhancements to the airplane, we have raised the bar on performance once again, reducing the CRJ900 NextGen airliner’s fuel burn by up to -5.5% compared to earlier-generation CRJ900 airplanes, and making it the ideal tool for operators to develop new markets and increase frequencies.”

Including this latest order, (BMB) said it has recorded firm orders for 1,833 CRJ Series airplanes, including 359 CRJ900 and CRJ900 NextGen airplanes.

Newly minted central Asian airline, Air Kazakhstan will begin flying the first of 10 Bombardier DHC-8-Q400 NGs in March 2015, with a $230 million price tag on the airplane/operations deal.

Bombardier (BMB)’s Director Business Development & Sales, Russia & the (CIS), Mark Gilbert, said initial pilot (FC) training will be carried out in Canada, and that expatriate staff would establish the operation, “but the whole idea is that the Air Kazakhstan company is managed by officials from Kazakhstan,” he said. “We think, during the first year, the crew will be formed from local personnel,” Air Kazakhstan President, Nurjan Shakirov said.

The airplanes have been “adapted to Central Asia, and tested in 50-degree frost and 50-degree heat” to ensure its suitability for the central Asian republic’s extreme weather conditions, added Shakirov. This has been an issue for some operators that have seen problems with Embraer aircraft suffering icing downtime and associated low-temperature operational problems.

Although the ticket price of the 10 airplanes is closer to $300 million (and Bombardier (BMB) will also be offering pilot (FC) and Maintenance Technician training and some Maintenance Repair & Overhaul (MRO) capability) the company will be looking beyond a simple turboprop deal.

The airline is a joint venture (JV) between Bombardier (BMB) and Kazakhstan’s Samruk-Kazyna wealth fund. The Kazakhstan government is keen to tap into (BMB)’s expertise across the wider transport spectrum as it develops the country’s infrastructure. That includes (BMB)’s ability to supply and engineer new rail routes and rolling stock.

“In 2014 - 2016, Kazakhstan plans to inject its oil savings into the national economy, notably infrastructure projects to boost transit shipment and facilitate Kazakhstan’s exports to global markets,” Kazakhstan’s Economic Affairs Minister, Erbolat Dossayev said. The country has a current National Oil Fund reserve of $94 billion.

This deal, together with Bombardier (BMB)’s Canadian expertise in extreme weather operations, could see it establish a solid base in one of the more buoyant central Asian economies, which boasts significant oil and gas reserves — and potentially open a back door into more regional jet sales once the DHC-8-Q400 deliveries are completed.

Bombardier (BMB) is about to launch a combi version of the DHC-8-Q400 turboprop. “We are in very advanced negotiations with two customers,” (BMB) General Manager Turboprops, Simon Roberts said at the Farnborough Airshow. An announcement is expected “in the very near future.”

The airplane will be the fourth version of the DHC-8-Q400, which (in addition to the regular one- or two-class variants) is also offered in 86-passenger, high-density seating that eliminates the forward cargo hold used by some operators for excess cabin baggage and crew luggage.

The combi will seat 50 passengers in a standard 31-inch seat pitch and will have an 8,200 pound cargo capacity in the rear of the fuselage. Southeast Asia in general, and Indonesia in particular is seen as a key market for the type.

DHC-8-Q400 operator, South African Express (CEO), Inati Ntshanga said the combi would address two markets at the same time: For some markets, less passenger capacity than the DHC-8-Q400 all-passenger variant is required, and at the same time there can be a significant demand for cargo, both in terms of weight and volume. Ntshanga said he would push Bombardier (BMB) to revive production of its 50-seat turboprops, but the combi may eliminate that need. He did not confirm whether he was one of the two airlines close to signing up as a launch customer.

Separately, Horizon Air (ASA) ordered one additional DHC-8-Q400 and signed a five-year maintenance agreement with (BMB) for Maintenance Repair & Overhaul (MRO) work to be performed in Tucson, Arizona.

The first 86-passenger high density lay-out airplane took off for its first flight. It will be delivered to launch customer Thailand low-cost carrier (LCC) Nok Air (NKA).

Bombardier (BMB) has inked tentative deals for a total of 12 CSeries airplanes from two unnamed customers at the Farnborough Airshow, taking it over >500 orders and commitments for the type.

The first deal, from an existing customer, covers seven firm CS300s and purchase rights on a further six. (BMB) valued the firm airplanes at $553 million at list prices.

Bombardier Commercial Aircraft President, Mike Arcamone said this sale remains subject to board approval within the airline.

At the same briefing, Arcamone announced a letter of intent (LOI) for five CSeries airplanes from an unnamed African operator, which already uses (BMB) products. This would mark (BMB)’s first African CSeries order, valued at approximately $365 million, if it is firmed.

“Our customer faces challenging operational environments and needs excellent range for hot-and-high performance as they expand into new and growing markets,” said Arcamone. He added that the CSeries’ fuel performance and comfort were key deciders for the unnamed carrier, particularly given the steep price of jet fuel in Africa.

To date, Bombardier’s firm order tally for the CSeries stands at 203 airplanes, but including commitments, the program has now exceeded the 500 mark.

“We are very optimistic about the current status of our order book, which stands at 513 orders and commitments. We are well on our way to reach our target for 300 firm orders by entry into service (EIS), and have already achieved our 20 customer goal,” Bombardier Commercial Aircraft VP Sales, Marketing & Asset Management, Ray Jones said.

Bombardier (BMB) has launched a new cargo-passenger "combi configuration" of its DHC-8-Q400 NextGen airplane. The new configuration will feature up to 8,200 pounds of cargo capacity, 1,150 cubic feet of cargo volume and cabin space for up to 50 passengers. “The combi DHC-8-Q400 NextGen airplane provides unique opportunities for airlines operating routes with medium to low passenger loads, but with high cargo potential,” said Ray Jones, Senior VP, Sales, Marketing & Asset Management, Bombardier Commercial Aircraft. “Along with the recently launched dual class and extra capacity options, the combi option illustrates Bombardier (BMB)’s ongoing investment in the DHC-8-Q400 NextGen airplane program and offers airlines unmatched operational flexibility in short-haul markets."

Flybe (BEE) and Bombardier (BMB) have signed a strategic services agreement that confirms the DHC-8-Q400 as Flybe (BEE)’s airplane of choice in its UK-branded business. Bombardier (BMB) will undertake a major program of enhancements to make (BEE)’s 45 DHC-8-Q400s one of the most operationally efficient regional fleets in the world.

Russia’s Ilyushin Finance Company (IFC) (which has 32 Bombardier CS300s, plus 10 options, on order) has agreed to postpone delivery from November 2015 to April 2016.

The changes were made after CSeries flight test airplane (FTV1) experienced “an engine-related incident during stationary ground maintenance testing” at the end of May, which halted the CSeries program pending an investigation.

(IFC) (CEO), Alexander Roubtsov said the leasing company got better terms from Bombardier (BMB), but did not disclose details. The company is also considering placing an order for additional airplanes, pending approval by (IFC) shareholders.

The CS300 order is valued at approximately $2.56 billion at list prices. If the options are exercized, the contract would be valued at approximately $3.42 billion.

August 2014: Bombardier (BMB) reported second-quarter net profit of +$155 million, down -13.9% from net income of +$180 million reported in the year-ago quarter.

Second-quarter revenue for (BMB) was $4.89 billion, up +10.4% year-over-year from $4.43 billion in the second quarter of 2013; expenses were $4.23 billion, up +12.6% year-over-year. Operating profit for the quarter came to +$658 million, down -2.1% from the year-ago quarter.

(BMB) booked 18 net orders for commercial airplanes in the three months ended June 30, a -48.6% drop-off from the 35 commercial airplane net orders in the prior-year quarter.

Commercial firm orders included 16 CRJ900 NextGen airplanes placed by an undisclosed customer in June, with options for an additional eight. The order was valued at $727 million based on current list prices. In April, an undisclosed Middle East/African operator inked a firm order for two Bombardier (BMB) DHC-8-Q400 turboprops, valued at $62 million at current list prices.

(BMB) delivered 23 commercial airplanes during the second quarter, nearly doubling the amount delivered in the June 2013 quarter. In June, the American Airlines (AAL) Group took delivery of the first of 30 enhanced CRJ900 NextGen airplanes.

In its quarterly results, (BMB) emphasized its post-end-of-quarter success at the Farnborough Airshow, held July 14 - 20. “[At Farnborough] (BMB) concluded firm orders, conditional purchase agreements and letters of intent for a total of 74 airplanes, valued at more than >$4.25 billion. This includes letters of intent (LOI) and a conditional purchase agreement for a total of 66 CSeries airplanes with five customers, bringing the total CSeries firm orders and other agreements to 513, with 20 customers in 17 countries, including 203 firm orders.”

Bombardier (BMB) has replaced its Head of Marketing for Commercial Aircraft, including the slow-selling and still-grounded CSeries airliner, as it continues a corporate restructuring and downsizing.

Ross Mitchell, previously in both Business & Commercial Aircraft Sales at Bombardier (BMB), has replaced VP Commercial Aircraft Marketing, Philippe Poutissou with immediate effect.

Bombardier (BMB) has also named company veteran Jean Seguin as President of the Aerostructures & Engineering Services business formed in July when the company split the unit off from its Business and Commercial Aircraft segments.

Poutissou had been Head of Commercial Aircraft Marketing since 2008. Mitchell was most recently regional VP Sales for Europe, but was previously Director International Sales for Commercial Aircraft from 2000 to 2011.

In December, Bombardier (BMB)’s Head of Sales for Commercial Aircraft, Chet Fuller, left and was replaced by Raymond Jones, who had been in Business Aircraft Sales since 2003. Fuller had been hired from (GE) Aviation (GEC) in 2010.

Bombardier (BMB) announced a number of potential sales of the CSeries at the Farnborough Airshow in July, but firm orders still stand at only 203 airplanes. The flight-test program has been grounded since an engine failure on May 29.

On July 23, the company announced a reorganization intended to streamline management that included Bombardier Aerospace President Guy Hachey retiring after the segment was broken up into three business units, each reporting directly to (CEO), Pierre Beaudoin.

Business Aircraft continues to be led by Eric Martel and Commercial Aircraft by Mike Arcamone. The new Aerostructures & Engineering Services business, now led by Seguin, will market Bombardier’s ability to design and build complex structures to the aerospace industry.

Sequin joined Canadair, later acquired by Bombardier (BMB), in 1981 as a composites engineer and was most recently VP of Quality, Engineering & Manufacturing.

September 2014: Swedish company, Braathens (BRT) Aviation has told Bombardier (BMB) it no longer wants to be the launch operator of the CSeries 110 to 169-seat airliner.

Braathens (BRT)’s domestic unit, Malmo Aviation (TSW), said it was the planned launch operator. But in its second-quarter/first-half financial results statement, Braathens (BRT) said “increased uncertainty” about the CSeries program and the possibility of a further delay of entry into service (EIS) has prompted it to reconsider.

“An engine-related incident on one of the CSeries test airplanes was reported by Bombardier (BMB) in late May. It has subsequently emerged that this may cause another delay to the CSeries introduction. We have informed (BMB) that we will not assume the role of formal launch operator of the airplane type. Due to increased uncertainty, we are discussing other possible changes to the airplane delivery schedule with (BMB),” Braathens (BRT) said.

Although (BMB) had not made public that Braathens (BRT) was the CSeries launch operator, this announcement by a customer is another setback for the program, which has seen delays, weak customer demand, and a failure of the Pratt & Whitney (PRW) geared turbofan engine on one of its flight test airplanes during ground maintenance tests.

Bombardier (BMB) will restart CSeries flight testing and remains confident the initial 110-seat CS100 will still enter service in the second half of 2015 despite a halt of more than >3 months after an engine failure during ground testing.

(BMB) said flight testing will resume this month with the second airplane, (FTV2). (FTV2) was seen on the ramp at Mirabel on September 5, being prepared for engine start and close observers of the program said it could fly September 7.

(FTV2) will be followed by (FTV4), then (FTV1) and (FTV3), which is scheduled to rejoin the test program in the fall, CSeries VP & General Manager, Rob Dewar said.

The four CS100 airplanes had accumulated less than <330 hours of flight testing when a Pratt & Whitney (PRW) (PW1500G) geared turbofan experienced an uncontained failure during stationary maintenance ground runs on May 29.

That leaves (BMB) with almost 2,100 hours of flight tests to complete in the next year or so to achieve certification of the CS100. A 5th test airplane was in final assembly, when flying was halted.

Two test airplanes for the 130-seat CS300 are also in the final stages of assembly, plus the first production CS100s.

The engine incident was quickly traced to the rupture of the low-pressure (LP) turbine, which resulted from oil leaks and reduced lubrication of bearings in the rear of the engine.

(PRW) completed test of an improved seal configuration in August. The first set of engines with full flight clearance have been delivered and installed on (FTV2), allowing tests to resume.

Dewar said the lubrication-system modification has had no impact on the (PW1500G)’s performance, which he said is on track to meet thrust, fuel-burn, emissions and noise specifications.

(FTV1)’s carbon-fiber wing was damaged when the engine failed, but repairs are almost complete, he said, adding here were no related system failures during the incident and the fuselage was undamaged.

Damage to the wing was less than expected and full structural integrity was maintained, Dewar said. The incident has given engineers from (BMB)’s wing plant in Belfast, Northern Ireland, early practice in repairing the carbon-fiber structure, he added.

Despite (BMB) sticking to its second-half 2015 service-entry targets, Norway’s Malmo Aviation (TSW) on August 29 said it was no longer prepared to be the launch operator for the CS100, citing the potential for another delivery delay caused by the engine incident.

In a bid to hold to the schedule, Dewar said (BMB) has done as much on the ground as possible during the halt in flying, including upgrading airplane hardware and software, and performing maintenance checks planned for later in the program.

(PRW) has modified the engine’s oil lubrication system and (BMB) said it has delivered the first set of engines with full flight clearance, including from Transport Canada, allowing tests to resume. Delays in flying the first CSeries had already pushed the service-entry date back more than 18 months.

Firm orders for the CSeries stand at 203 airplanes, with options, letters of intent (LOI)s and other commitments taking the total to 475.

Although Bombardier (BMB) still expects the initial 110-seat CS100 to enter service in the second half of 2015 but, with almost 2,100 of the 2,400 test flights required for certification still ahead, Scotiabank analyst, Turan Quettawala is predicting service entry will slip to third-quarter 2016.

In a research note that savages (BMB)’s projections, Quettawala also reduces Scotiabank’s delivery forecast for the CSeries to a peak of 64 airplanes in 2019, arguing the backlog of 203 firm orders does not support the company’s plans to build 120 a year.

He argues 75% of the narrow body market over the next 10 years is already in competitor backlogs, and that (BMB) will struggle to secure the 20% share of remaining orders needed to meet Scotiabank’s revised forecast of around 65 airplanes a year.

Other Canadian analysts are less severe, believing that (BMB) can meet its service-entry target and predicting that additional firm orders will be signed now that the CSeries is back in flight testing.

Lessor, Macquarie AirFinance has provided a welcome boost for Bombardier (BMB)’s CSeries airliner with an order for 40 of the larger CS300 model plus 10 options. Deliveries of the airplane will run from 2017 to 2019.

Macquarie AirFinance, a wholly owned affiliate of the Ireland-based company, currently owns or manages 136 jet airplanes leased to 73 operators in 43 countries.

Macquarie AirFinance Chairman, Stephen Cook said, “The CS300 will allow us to offer our customers the only type of airplane optimized for the upper end of the 100- to 150-seat market segment. Its advanced technologies, attractive economics and environmental attributes were key factors in our selection of the CS300 jetliner.”

October 2014: News Item A-1: Bombardier (BMB) has conducted more than >120 hours of CSeries flight testing since the test program resumed September 7 after a 100-day grounding, and is holding to a second half of 2015 entry-into-service (EIS) target.

It remains uncertain with which carrier the CSeries will enter service. Lufthansa (DLH), which was the first airline to order the CSeries, has previously said dual-class 121-seat CS100s will be delivered to its Swiss International Air Lines (SWISS) (CSR) subsidiary in 2015. But (DLH) said recently that SWISS (CSR) will not be the launch operator, according to "Reuters." SWISS (CSR) has lined up a leasing deal for four Embraer EMB-190s with Zürich-based Helvetic Airways (HLV) in anticipation of a potential delay in CSeries deliveries.

Sweden’s Braathens Aviation (BRT) backed out as the CSeries launch operator in September.

Nevertheless, Bombardier (BMB) said that flight testing, resumed in September with two of the four CSeries test airplanes is “progressing well.” Total CSeries flight test hours have reached 450. Test airplane (FTV2) “is now operating its fly-by-wire in normal mode and flight testing continues as planned,” Bombardier (BMB) said.

Lessor Macquarie AirFinance’s recent firm order for 40 of the larger CS300s brought total CSeries firm orders to 243. There are an additional +320 commitments for Bombardier (BMB)’s venture into the narrow body airliner market. Program sales have so far been a disappointment.

The update on the CSeries program was provided with the release of Bombardier (BMB)’s third-quarter earnings results; the Canadian company reported net income of +$74 million for the period, down -49.7% year-over-year. But Bombardier (BMB) cited strength in its Aerospace unit, which posted a +29% year-over-year rise in revenue to $2.6 billion.

Bombardier Aerospace (BMB) delivered 71 airplanes during the third quarter, up +57.8% over 45 delivered in the 2013 September quarter. It also booked 76 net orders during the quarter, nearly tripling 26 net orders secured in the prior-year period.

News Item A-2: Bombardier Aerospace (BMB)’s Belfast facility is working to establish composite repair procedures for the CSeries, testing potential events such as heat exposure and lightning strikes.

News Item A-3: Marshall Aerospace and Defense Group (MAC) has entered into a conditional letter of agreement with Bombardier (BMB) to develop a Future Air Navigation System (FANS) 1/A+ avionics upgrade for Bombardier’s Challenger 604 airplane. The upgrade will be designed to enhance pilot to Air Traffic Control (ATC) data communications and allow easy access to dedicated and shorter (FANS) 1/A+-enabled routes within the North Atlantic Tracks (NAT) airspace.

Marshall (MAC) will be responsible for designing the (FANS) 1/A+ upgrade for Bombardier (BMB) and completing a trial installation for early 2015. The solution is the first (FANS) 1/A+ avionics upgrade offered by Bombardier (BMB) for the Challenger 604 and will be compliant with all current variations of (FANS) 1/A+ as defined by the International Civil Aviation Organization (ICAO).

News Item A-4: Air France Industries (AFI) - (KLM) Engineering & Maintenance and Bombardier Aerospace (BMB) executives agree there is still some way to go before bonded repairs will be accepted on primary composite structures.

November 2014: News Item A-1: The first Bombardier (BMB) CSeries airliner returned to flight on November 6 after its wing was repaired and engines were modified. Two days later, it was ferried to (BMB)’s test center in Wichita, joining two other airplanes.

But while flight testing is finally gathering momentum after delays, (BMB) said it will not ramp up the production line until mid-2015 at the earliest.

(FTV1) is the third CSeries to return to flight after the fleet was grounded May 29 following the uncontained failure of a Pratt & Whitney (PRW) (PW1500G) geared turbofan during ground testing.

The three airplanes now flying have logged more than >120 hours since flight testing resumed September 7, for a total of more than >450 hours since the CSeries’ first flight on September 16, 2013.

(FTV1) returned to flight after repairs to its composite wing, damaged when the engine’s low-pressure turbine came apart. The (PW1500G) has now been fitted with a modified oil lubrication system.

(BMB) is dividing flight testing between Mirabel, near Montreal, and Wichita in a bid to avoid weather-related delays experienced last winter and make up time lost in certification testing.

(FTV1) and (FTV4) are based in Wichita with (FTV3), which is expected to return to flight shortly after what (BMB) describes as major modifications to bring the airplane closer to production standard.

(FTV2) is flying from Mirabel, where (FTV5) (the final CS100 test airplane and first to be fitted with a cabin) is expected to fly by year end. Assembly of (FTV7), the first stretched CS300, is also close to completion.

(BMB) still expects to certify the 110-seat CS100 in the second half of 2015, after about 2,400 flight hours. But (BMB) said that is an estimate, and certification could be completed in fewer hours.

“Flight hours is always a guideline,” (CEO), Pierre Beaudoin told investors. “What’s important to us is the earned value when we fly. So if we can do it in [fewer] hours, it is better because it will cost less money.

“But [flight hours] can vary substantially because they are tests. Right now, the CSeries is performing very well. We are accomplishing the specific tests at a good rate,” he said.

Production, meanwhile, remains essentially on hold and is not expected to ramp up soon. “I would say more towards mid-year next year to make that decision, and how much,” said Beaudoin.

Bombardier (BMB) wants to avoid building up an inventory of airplanes that might have to be modified before delivery to incorporate and changes resulting from any discoveries during flight testing.

“We have to focus on the entry into service (EIS) of the CSeries, not to make too much volume at first, but make sure that we deliver a reliable product and build our reputation for the long term,” he said.

“We look at how we can build the parts as late as possible because there's always risk in flight-test programs. But maybe the second half of next year, we’re going to have to start bringing in some parts,” Beaudoin said.

With production idled, JP Morgan analyst, Joseph Nadol said: “The risk is that the supply chain will not be ready for the ramp up if it sits dormant for too long, and the company will also face a longer period of production at uneconomically low rates.”

News Item A-2: An announcement was made in the presence of Li Keqiang, Premier of the People’s Republic of China, and Stephen Harper, Prime Minister of Canada: Bombardier Commercial Aircraft (BMB) announced on November 10th that China’s sole specialized regional airline, China Express Airlines (China Express) (HXA), is the previously announced unidentified customer that had placed a firm order for 16 CRJ900 NextGen regional jets and had taken options for eight additional airliners of the same type. This purchase agreement was initially announced on June 30, 2014.

The announcement was made in Beijing, in the presence of Li Keqiang, Premier, People’s Republic of China; Stephen Harper, Prime Minister of Canada; Hu Xiaojun, Chairman, China Express (HXA); Wu Longjiang, President, (HXA); Pierre Beaudoin, President & (CEO), (BMB); and Jianwei Zhang, President, Bombardier (BMB) China.

As previously announced by (BMB), based on the list price for the CRJ900 NextGen airplane, the firm order is valued at approximately $727 million USD. The value could increase to $1.12 billion USD should China Express (HXA) exercise its options.

“Only eight years after first starting operations, (HXA) provides regional passenger services to nearly 50 cities throughout China with its all-(BMB) fleet of five CRJ200 airplanes and eleven 84-seat CRJ900 NextGen airplanes,” said Mr Wu. We look forward to taking delivery of these additional airplanes and connecting more tier-two and tier-three cities, and more people, together.”

“When Bombardier (BMB) launched the CRJ regional jet in 1989, it gave birth to the regional jet market and revolutionized aviation in both the USA and Europe. The CRJ family of airplanes then went on to become the best-selling regional airplane program in history,” declared Mr Beaudoin. “We are honored to be able to participate in a similar manner in the development of China’s regional air travel, thanks to China Express (HXA)’s bold vision and expansion strategy.”

News Item A-3: Bombardier (BMB)'s Challenger 350 jet airplane has expanded its presence in Europe following European Aviation Safety Agency (EASA) type certification on September 2, 2014. The Challenger 350 will be operated by International Jet Management, an airplane management and charter company located in Vienna, Austria. The Challenger 350 airplane joins its current fleet of business jets which also include (BMB)’s Learjet and Global airplane models.

News Item A-4: Bombardier (BMB) Commercial Aircraft announced it opened a regional sales and marketing office in São Paulo, Brazil.

December 2014: News Item A-1: Demand for air cargo versions of Bombardier (BMB)'s CRJ100 and CRJ200 passenger jets is growing. (BMB) recently announced the (IFL) Group as the first operator to sign a firm purchase agreement to acquire the Bombardier CRJ200SF (Special Freighter) jet.

Prior to being delivered to (IFL), the airplane will be converted to an all-cargo configuration by Miami, Florida-based Aeronautical Engineers Inc (AEI). The reconfiguration includes converting the main deck to a Class "E" cargo compartment, replacement of cabin windows with aluminum window plugs, and installation of a large cargo door. Robert Convey, VP Sales & Marketing at (AEI), said the company is seeing demand grow for similar CRJ100 and CRJ200 conversions.
“The dependability and affordable operating economics of both platforms make them particularly well suited for regional cargo and feed operations.”

Ross Mitchell, VP Business Acquisition at (BMB) said part of the increased demand is coming from airlines currently phasing CRJ100s and CRJ200s out of their fleets, providing "an opportunity to set new standards for regional large door freighters."

News Item A-2: An unidentified customer has signed a firm order for 24 Bombardier CRJ900 NextGen airplanes, the Canadian manufacturer said.

Based on list prices, the order is valued at $1.14 billion. Bombardier Commercial Aircraft Senior VP Sales, Marketing & Asset Management, Ray Jones said, “With the most recent enhancements to the airplane, we are constantly moving that benchmark forward, reducing the CRJ900 NextGen airliner’s fuel burn by up to -5.5% compared to earlier-generation CRJ900 airplanes, and making it the ideal tool for operators looking at further increasing the efficiency of their fleets.”

The order brings Bombardier (BMB)’s total firm orders for CRJs to 1,858, including 384 CRJ900s.

January 2015: News Item A-1: Nordic Aviation Capital appointed Rod Sheridan as Vice Chairman of the board of directors. Sheridan is a longtime executive of Bombardier Aerospace (BMB).

February 2015: News Item A-1: Bombardier (BMB) reported a full-year net loss for 2014 of -$1.25 billion, reversing the +$572 million in profit (BMB) recorded in 2013. (BMB)’s fourth-quarter net loss was -$1.59 billion; in 2013’s December quarter, (BMB) recorded +$97 million in net profit.

In addition, Bombardier (BMB) unveiled plans to raise $600 million in new equity and $1.5 billion in new debt as President & (CEO), Pierre Beaudoin stepped down to be replaced by Alaine Bellemare, until recently head of United Technologies Corporation (UTC)’s Propulsion & Aerospace business.

“The net loss for the fourth quarter and for fiscal year 2014 is mainly due to the charge in special items related to the decision to pause the Learjet 85 business airplane program recorded in the fourth quarter of fiscal year 2014,” (BMB) said. The full-year special items charge was $1.49 billion; the fourth-quarter special items charge was $1.36 billion.

According to the company’s end-of-fiscal year financial statement, full-year special items expenses included $63 million related to the workforce reduction of approximately -2,000 positions at (BMB), located mostly in Canada, the USA and the UK as part of the new operational structure announced in July 2014; $57 million related to the reduction of worldwide direct and indirect personnel by approximately 900 employees at BT; and $22 million related to the workforce reduction announced in January 2014 for approximately 1,700 positions at BA, located mostly in Canada and the USA.

Bombardier (BMB)’s full-year revenue for its combined aerospace and transportation businesses was $20.11 billion, up +10.8% year-over-year (YOY) from 2013’s $18.15 billion. Expenses were $17.53 billion, up +12% (YOY), and the company’s full-year operating profit result was +$2.58 billion, up +3.4% from 2013’s +$2.49 billion.

Full-year revenue for the Bombardier Aerospace (BA) division came to $10.5 billion, up +11.9% (YOY); the division’s expenses were $9.15 billion, up +12.7% (YOY), and (BAB)’s full-year operating profit was +$1.35 billion, up +6.6% (YOY).

(BMB)’s fourth-quarter combined-business revenue was $5.96 billion, up +11.9% (YOY); expenses were $5.31 billion, up +13.1% (YOY), and its operating profit for the quarter was +$646 million, up +3.2% (YOY). Fourth-quarter revenue at (BMB) was $3.33 billion, up +15.8% YOY; BA’s fourth-quarter expenses were $2.97 billion, up 17.3% (YOY), and the division’s fourth-quarter operating profit was +$353 million, up +4.4% (YOY).

In 2014, Bombardier (BMB) booked 148 net orders for its commercial C-Series, CRJ NextGen and DHC-8-Q400 NextGen airplanes, up +82.7% from the 81 commercial net orders Bombardier Aerospace (BMB) logged in 2013. Thirty-two orders came during the fourth-quarter. (BMB) delivered 84 commercial airplanes during the year (22 during the fourth-quarter) a +52.7% increase over 2013’s 55 commercial airplanes' deliveries.

News Item A-2: American Airlines (AAL) has selected Phoenix-based regional, Mesa Airlines (which operates as American Eagle and US Airways Express) to operate seven new Bombardier (BMB) CRJ900 NextGen airplanes for a 10-year term under the American Eagle brand. The airplanes, recently purchased by Mesa, will bring the total number of CRJ900s operated by the company to 64.

Mesa Chairman & (CEO), Jonathan Ornstein said, “We look forward to continuing to provide reliable and cost-effective regional jet service for (AAL)’s customers with the advanced technology and fuel efficiency provided by this airplane.”

Mesa will take delivery of the additional airplanes from the Bombardier (BMB) factory beginning in July, with all airplanes received by September 2015.

Since March 2013, Mesa said it has “doubled the size of the company, creating +900 new positions, and providing job security and enhanced opportunities for all its employees.” During this time, Mesa added 19 CRJ900 airplanes to the fleet it operates for (AAL) and 19 new Embraer EMB-175 airplanes for United Airlines (UAL). The addition of these 7 airplanes and 11 new EMB-175s scheduled for delivery will bring Mesa’s fleet total to 115 airplanes in 2015.

The 76-seat CRJ900 NextGen features a two-class configuration with 12 first class, 36 main cabin extra and 28 main cabin seats.

Mesa’s crew bases are located in Phoenix, Dallas/Fort Worth, Charlotte (through May 2015), Houston and Washington Dulles, with maintenance bases in Phoenix, Tucson, El Paso, Louisville, Oklahoma City, and Washington Dulles.

News Item A-3: Lessor, Elix Aviation Capital has acquired three Bombardier (BMB) DHC-8-Q400 NextGen airplanes. Elix is taking over the airplanes previously ordered by an undisclosed existing customer.

The Dublin, Ireland-based lessor specializes in regional turboprops and has around 40 on its books. This is the first time it has acquired DHC-8-Q400 NextGens, although its portfolio includes four DHC-8-100s and 11 DHC-8-300s. It decided to acquire the most modern variant for a combination of its performance and (CASM) figures.

It is understood that the airplanes have not yet been assigned to a new operator, but the lessor has several prospects in the offing. “We have noted the DHC-8-Q400 NextGen airplane’s proven operational capability and performance and are confident that it will be an outstanding asset in our portfolio,” Elix (CEO), Antonis Simigdalas said.

Dublin-based Elix was launched in September 2013 with the equity backing of Oaktree Capital Management, an alternative investment firm.

News Item A-4: Bombardier (BMB) has completed flutter, cold-weather and passenger-evacuation testing, as CSeries flight tests pass the 900-hour mark en route to the 2,400 hours expected to be required for certification of the initial CS100 version.

With four airplanes now flying, the company has added more than >570 hours of testing over the five months since the CSeries returned to flight in September, after being grounded for 100 days following an engine failure during ground tests.

A fifth CS100 test airplane has yet to fly, but the first of two flight-test vehicles for the 135-seat CS300 has completed initial engine runs and is in ground vibration testing in preparation for a first flight at Mirabel, near Montreal.

In a program update video posted by Bombardier, CSeries VP & General Manager, Rob Dewar said the first test airplane, (FTV1), has completed flutter envelope expansion, flying to Mach 0.91. (FTV2) has completed extreme cold-weather certification testing down to -30C.

(FTV4), the performance airplane, is conducting crucial cruise fuel-burn tests, with “good results to date,” Dewer said.

Bombardier (BMB) is aiming for a -20% fuel-burn reduction over other 110 - 149-seat airplanes. The CSeries is powered by Pratt & Whitney (PRW) (PW1500G) geared turbofans.

(FTV5), the final CS100 test airplane and first with an interior, has completed evacuation testing for certification in different seating configurations and is now undergoing other ground tests before joining the flight-test program.

Ground vibration testing was performed on (FTV1), but is being repeated on (FTV7), the first CS300, because the airplane is longer. The second test CS300, (FTV8), is in final assembly alongside the second production CS100, said Dewar.

Bombardier (BMB) has completed static testing on the CS100 and fatigue testing has passed 12,000 cycles without incident, Dewer said.

Bombardier (BMB) continues to say the CS100 will enter service in the second half of this year and the CS300 six months later.

Later, on February 27th, in a sign of the increasing maturity of Bombardier (BMB)’s CSeries airliner, the first test airplane for the stretched, 135-seat CS300 variant flew for about five hours on its maiden flight from Mirabel, near Montreal.

See video "FIRST CS300 FLIGHT" - -#t=15

Flight test vehicle (FTV) 7 is the fifth CSeries to fly. Four test airplanes for the initial 110-seat CS100 version have logged more than >1,000 hours since the CSeries first flew in September 2013. A fifth and final CS100 test airplane is expected to fly shortly, followed by a second CS300.

Capable of seating up to 160 passengers, the longer CS300 is scheduled to be certified six months after the CS100. Bombardier (BMB) continues to say the CS100 will be certified and deliveries begin in the second half of this year, but “more towards the end of the second half,” Chairman, Pierre Beaudoin said earlier this month.

Flight testing of the CS100 is under way at Mirabel, and in Wichita, Kansas, to take advantage of better winter weather. The fifth test airplane, (FTV5), is the first with an interior and has been handed over to the flight test department at Mirabel after completing passenger-evacuation testing.

Assembly of the first production CS100s is under way in a new facility at Mirabel. The projected development cost for both variants of the CSeries is now $5.4 billion, up from the original $3.4 billion, in part because of the 100-day grounding in 2014 following an engine failure on the ground.

Firm orders for the Pratt & Whitney (PW1500G) geared-turbofan-powered CSeries still stand at 243, 63 for the CS100 and 180 for the CS300, short of Bombardier (BMB)’s goal of 300 by entry into service (EIS). Including options and other commitments, the total is 422 airplanes.

Meanwhile, (BMB) has raised $848 million in new equity through a public offering, up more than >40% from the $600 million. The company had said it wanted to raise under a new financing plan to improve its liquidity in the face of higher development costs and lower cash flows.

The "Wall Street Journal" (WSJ) is reporting that Bombardier (BMB) now plans to raise $2.25 billion in new debt as part of the plan, up from the originally stated $1.5 billion. This will take the form of $1.5 billion from 10-year bonds and $750 million from three-year bonds, the (WSJ) said.

News Item A-5: Bombardier (BMB) has unveiled plans to raise new financing as Pierre Beaudoin steps down, to be replaced as President & (CEO) by outsider, Alain Bellemare, until recently head of United Technologies (UT)/(PRW)/(PWC)’s Propulsion & Aerospace business.

The moves are intended to reassure investors increasingly concerned Bombardier (BMB) will run out of cash as it funds development of the delayed CSeries narrow body airliner and upcoming Global 7000/8000 large business jets, while sales of its regional airliners remain under pressure.

Beaudoin has run Bombardier (BMB) since 2008, when he took over as (CEO) from his father, Laurent Beaudoin, son-in-law of the company’s founder, Joseph-Armand Bombardier. Pierre Beaudion, who previously ran Bombardier Aerospace (BMB), will replace his father as Executive Chairman.

Bombardier plans to raise $600 million in new equity and $1.5 billion in new debt. The company also will “explore other initiatives such as certain business activities’ potential participation in industry consolidation” in a bid to reduce its debt.

At the end of 2014, (BMB) had short-term capital resources of $3.8 billion, including $2.5 billion in cash and cash equivalents. This was down from $4.8 billion and $3.4 billion, respectively, at the end of 2013. Bombardier (BMB) invested $2 billion last year in its development programs.

Canadian-born, Bellemare resigned from (UTC) in mid-January. He was previously President of Hamilton Standard and before that of Pratt & Whitney Canada (PWC). He joined (UTC) in 1996, when he became VP Manufacturing at (PWC) in Montreal.

News Item A-6: In 2012, when the CSeries was planned to cost $3.4 billion to develop, Bombardier (BMB) had $5.7 billion in debt and $670 million in earnings. Now the cost of developing its all-new narrow body airliner has risen to $5.4 billion, and the company has $8.4 billion in debt and losses of -$570 million in 2014. With analysts concerned it could run out of cash, the company announced a new financing plan and (CEO). Pierre Beaudoin says his initial focus will be the financing plan, which aims to raise up to $600 million in equity and $1.5 billion in debt.

(BMB)’s problem is the CSeries, which will continue to consume development dollars into 2016. And even if deliveries begin in the second half of this year, as the company maintains, the airplane will sell at a loss because of launch prices until production ramps up. Beaudoin now says entry into service (EIS) of the initial 110-seat CS100 will be “more toward the end of the second half.”

The growth in CSeries development cost is revealed in (BMB)'s 2014 financial results. The increase of almost +24%, to $5.39 billion, is due in part to last year’s 100-day grounding of the CSeries after an engine failure during ground testing. But for the first time, the total also includes $325 million in vendor development costs that (BMB) must repay to suppliers from sales of the CSeries.

Program costs have been on the increase since the CSeries first flew in September 2013, when development costs were projected to be $3.4 billion, plus another $500 million in capitalized borrowing expenses. The objective then was to keep the total program cost below $4 billion, (BMB) Commercial Aircraft President, Mike Arcamone said at the first flight.

By the end of 2013, $3.31 billion had been spent on CSeries, and an estimated $1.05 billion in development and borrowing costs lay ahead, for a total of $4.36 billion. A year later, the company has spent almost $3.99 billion and is estimating another +$1.4 billion to come ($850 million for development, $225 million for borrowing and the $325 million to repay suppliers).

Against this background of rising development expenditure, (BMB)'s cash reserves have dwindled. (BMB) ended 2013 with $4.84 billion in available short-term capital. By the end of 2014, this had declined to $3.85 billion, including $2.49 billion in cash, despite (BMB) raising $500 million in additional liquidity in April. And the Aerospace sector continues to spend more cash than it generates.

(BMB) moved to husband its resources in January, when it halted development of the Learjet 85 midsize business jet. But the Business Aircraft division is still expected to spend around $1 billion in 2015 on development, mainly of the long-range Global 7000/8000, while Commercial Aircraft is to spend another +$900 million on the CSeries. Combined free cashflow is expected to be only around $1 to 1.4 billion.

(BMB) said the additional equity and debt will give it the financial flexibility to “explore other initiatives such as certain business activities’ potential participation in industry consolidation.” Neither Beaudoin nor (CFO), Pierre Alary would elaborate, although Beaudoin says (BMB) must decide how to respond to the $26 billion merger in December of China’s largest train makers if it is to remain a leader in that industry.

Analysts have suggested the company sell its Aerostructures unit, formed in July when Beaudoin split its Aerospace sector into discrete business, commercial and manufacturing units to streamline management. But 75% of Aerostructures’ business, expected to total $1.8 billion in 2015, is producing wings, fuselages, cockpits and nacelles for (BMB) airplanes.

Analysts have also suggested finding a partner for its commercial aircraft business. (BMB) already has sold off its business-jet fractional ownership and military-pilot training units, but “participating in consolidation . . . does not necessarily mean selling,” said Alary. “It’s not that there is a business unit for sale today,” said Beaudoin. “It’s about positioning the company to lead in every market. If the industry is changing, we want to participate so we can continue to lead.”

Even with new financing in place, the company will continue to be controlled by the (BMB) family, of which Beaudoin is a member. Through so-called supervoting shares, the family controls 54% and will participate in the new equity issue “in a significant way,” said Beaudoin.

(BMB) has gone outside the company for its (CEO) before, appointing railway executive, Paul Tellier to the position in December 2002 in a restructuring that saw the sale of its recreational products and non-core capital businesses. But Tellier departed early in December 2004, with Laurent Beaudoin retaking the helm. Pierre Beaudoin then took over as (CEO) in June 2008; his first major action was launching the CSeries.

Beaudoin said he approached fellow French Canadian Belle-mare after the January announcement that he was leaving (UTC), where he was President of the Aerospace & Propulsion business, which includes Pratt & Whitney (PRW)/(PWC), Sikorsky and United Technologies Aerospace Systems. Previously he was President of Hamilton Sundstrand and before that of Pratt & Whitney Canada (PWC) in Montreal, across town from (BMB).

March 2015: News Item A-1: The fifth and final test vehicle for the initial CS100 version of Bombardier (BMB)’s CSeries airliner has begun flying, but additional airplanes will be used in the test program in a bid to meet the target of certification toward the end of the year.

Airplane (FTV5), the first CSeries fitted with a finished cabin interior, made its first flight from Mirabel, near Montreal, on March 18. A second flight followed March 19. The airplane is being used to test passenger-related systems.

CSeries flight testing has passed the 1,200 hr mark, but the total now includes flying by (FT7), the first test vehicle for the stretched CS300, which made its first flight from Mirabel on February 27. Bombardier (BMB) has said certification of the CS100 is expected to take around 2,400 hrs.

To meet its certification target this year, Bombardier (BMB) plans to use the first production CS100 in the flight-test program. Now off the final-assembly line at Mirabel, airplane P1 will be used for function and reliability testing, the final stage of certification, said Rob Dewar, VP & General Manager for the CSeries program.

The first CS300 will also be used to fly test points for the smaller CS100, Dewar said, because of the high degree of commonality between the versions. CS300 testing will focus on the differences, including the brakes, fire extinguishers because of the longer cargo bays, and longer wiring harnesses, he said.

Firm orders for the CSeries still stand at 243 airplanes, but total commitments including options are now 603. This includes a letter of intent (LOI) to purchase 20 CS100s, with options for another 20, for new airline Flymojo (FJO) announced by the Malaysian government March 17.

News Item A-2: New Malaysian airline, flymojo (FJO) announced its presence March 17th with a tentative order for up to 40 Bombardier CSeries 100 (CS100) airplanes - - SEE PHOTO - - "BMB-CSERIES 100 - FJI 2015-03."

The startup, whose existence was announced by the Malaysian government at the Langkawi International Maritime & Aerospace show (LIMA), signed a letter of intent (LOI) for 20 of the delayed jets and took 20 options.

Based on list prices, a firm order for 20 airplanes would be valued at approximately $1.47 billion, rising to $2.94 billion if flymojo (FJO) exercised its options. If confirmed, it would be the first sales success for the CSeries in Southeast Asia.

The new airline is privately owned, but no details were given of its backers. It will be based out of Johor Bahru, Johor and Kota Kinabalu, Sabah.

According to Malaysia’s Deputy Transport Minister, Aziz Kaprawi (FJO) will have its main hub at Senai International Airport in Johor province, which forms the southern tip of peninsular Malaysia. There will be a secondary hub in Kota Kinabalu, Sabah, which forms part of the island of Borneo to the east of the peninsula. Borneo is split between Malaysian and Indonesian territory.

“Flymojo (FJO) will transform Senai into a key regional aviation and logistics hub,” the Minister said. The new carrier would also boost tourism into the Malaysian provinces of Sabah and Sarawak.

(FJO) “will play a key role in improving connectivity between the Peninsula and Sabah and Sarawak, as well as other parts of the region,” Kaprawi said.

According to local press reports, flymojo (FJO) is due to start operations in October. “With its strategic market footing and unique operations, (FJO) is an ideal match for the all-new CS100 jetliner,” Bombardier Commercial Aircraft President, Mike Arcamone said.

April 2015: News Item A-1: Bombardier (BMB) announced it is bringing in new talent to reinforce the company’s management team.

Bombardier President & (CEO), Alain Bellemare said the changes will “instill a perspective at Bombardier (BMB), driving execution, alignment and intensity across the entire company.”

Bellemare announced that Bombardier Commercial Aircraft President, Mike Arcamone is stepping down and will be replaced by Fred Cromer, who will be joining his team in Mirabel in the coming weeks. (BMB) said that, under Arcamone, the CSeries development program “achieved key milestones towards its entry into service (EIS) and (BMB) wished to thank him for his contribution to the company.”

Bellemare called Cromer “an amazing addition to our team. Throughout his impressive career, he has led businesses with enterprise values of $500 million to over $30 billion and developed an unparalleled network of contacts in the airline industry. Most recently, as president of International Lease Finance Corp. (ILFC), Fred expanded international operations to support key growth regions. His strong leadership skills, international network and deep understanding of the aviation industry are a perfect match for Bombardier Commercial Aircraft, as we are preparing to realize the true market potential of our new CSeries aircraft, while refocusing on our Q400 and CRJ programs,” Bellemare said.

Bombardier also announced that Senior VP & (CFO), Pierre Alary will retire, but will remain in his position until an international search for a successor has been completed.

In addition, (BMB) is welcoming Plane View Partners (PVP) and its Chairman, Henri Courpron, as Strategic Advisors. Courpron is a former (ILFC) (CEO), who also served for 20 years at Airbus (EDS) in a number of management positions, including President & (CEO) of Airbus-North America. His team’s mandate consists of conducting an extensive review of Bombardier Commercial Aircraft's operations, with the objective of improving its overall performance.

Bombardier said Plane View Partners (PVP) has a “diverse team of senior executives in aviation, with an extensive knowledge of the fields most directly relevant to Bombardier Commercial Aircraft’s challenges, such as airplane deal making, marketing, and communications, contract management, airline operations, training and recruiting.”

Bellemare said that with the management changes, “We are really paving the way to strengthen our existing commercial programs and to make the CSeries aircraft a phenomenal success.”

News Item A-2: Bombardier (BMB) announced that it has signed a firm purchase agreement with Swiss Air - Ambulance Rega (“Rega”) for three Bombardier Challenger 650 airplanes. The transaction is valued at approximately $130 million USA, based on 2015 list prices and includes various airplane modifications, such as the installation of a medical evacuation interior. Deliveries of the modified Challenger 650 airplanes are scheduled for 2018.

A loyal Bombardier Challenger airplane customer, Rega is the leading Swiss air-ambulance provider. As a privately funded foundation, its mission is to carry out air-rescue operations in Switzerland and to repatriate patients from abroad. As one of the world’s pioneers in aeromedical evacuation, Rega has a long tradition in dealing with medical emergencies around the world. Their current fleet of three Challenger 604 airplanes are used exclusively for ambulance flights and are outfitted with intensive-care units.

“Bombardier (BMB) has enjoyed an excellent working relationship with Rega since 1982 when the company purchased its first Challenger airplane and again in 2002 with the addition of the Challenger 604 airplanes to its fleet,” said Stéphane Villeneuve, VP Specialized Aircraft, Bombardier.

“A preferred medical evacuation platform, Challenger airplanes have a long-standing history of air-ambulance operations. With its enhanced performance from short runways and proven reliability and track record, we are convinced the next-generation Challenger 650 airplanes is the definitive choice to carry out Rega’s extremely critical air-ambulance missions,” added Mr Villeneuve.

News Item A-3: Bombardier Commercial Aircraft has appointed Colin Bole as its new Senior VP Sales & Asset Management, effective mid-May.

May 2015: News Item A-1: Bombardier (BMB) has confirmed that Swiss International Air Lines (CSR) will be the first operator of the CSeries, with service entry slated for the first half of 2016. SEE ATTACHED - - "BMB-2015-05 - SWISS HAS 1st CSERIES.jpg."

(BMB) also confirmed that the CS100 will be at the Paris Air Show in June and then fly directly to Zurich as part of a demonstration for Swiss (CSR) stakeholders. The news about the CSeries came as Bombardier (BMB) reported a first-quarter net profit of +$100 million, down -13% from net income of +$115 million in the 2014 March quarter.

(BMB) President & (CEO), Alain Bellemare, who took over leadership of the Canadian company three months ago, called the first quarter results “generally positive,” but said he recognizes “we have challenges and a lot of work to do.”

Getting the CSeries into service is a top priority. “Following the performance results and flight test data, we are pleased that the CSeries airplane is very much in line with our performance expectations and sustainable fleet requirements,” Swiss (CSR) (CEO), Harry Hohmeister said. “Therefore, we are looking forward to being both the launch customer and the first airline that will operate the CS100 airplane.”

Bellemare said (BMB) is conducting a strategic review of its Commercial Aircraft unit and plans to have a “clear picture” on the “opportunities and challenges” in the commercial business by the end of the year. The Commercial Aircraft unit posted a +41% year-over-year increase in first-quarter revenue to $673 million, delivering 23 commercial airplanes in the three-month period, +10 more than in the prior-year quarter. However, the unit incurred a first-quarter (EBIT) loss of -$9 million, reversed from a positive (EBIT) of $5 million in the 2014 March quarter.

Companywide first-quarter revenue was essentially flat year-over-year at $4.4 billion.

In a video update shown to reporters at the recent Regional Airlines Association (RAA) convention in Cleveland, CSeries program VP & General Manager, Rob Dewar said Bombardier (BMB) has completed over 70% of CS100 certification tests. Overall, the CSeries flight test program has totaled more than >1,600 hours. The larger CS300, which achieved first flight in February, has totaled over >100 hours of flight testing.

Dewar said high altitude operations testing with CS100 flight test vehicle 2 (FTV2) were recently completed in Colorado.

(BMB) announced that it has reached an agreement with Pratt & Whitney (PRW) to use the engine manufacturer’s "eFAST" “near real-time” data health monitoring system on the CSeries. Dewar said "eFAST" “has the power to change how airline maintenance crews manage their activities, resulting in fewer mechanical delays and superior dispatch reliability.”

News Item A-2: "Bombardier to Cut -1,750 Employees, Reduces Global 5000 and 6000 Production" by Veronica Magan, Avionics Magazine.

Bombardier Business Aircraft has announced it will reduce its production rate for Global 5000 and Global 6000 airplanes. The company attributed current economic conditions and geopolitical issues in some market regions, such as Latin America, China, and Russia, to have impacted order intake levels industry-wide. This latest announcement follows (BMB)’s decision to “pause” production on the Learjet 85 as well as management shake-ups for the troubled company.

Approximately 1,750 employees (up to 1,000 in the Montreal region, up to 480 in Toronto, and up to 280 in Belfast) will be progressively affected at various stages of the Global 5000 and Global 6000 production cycle. Personal reductions will begin in June 2015 and continue progressively through the first quarter of 2016.

"Bombardier (BMB) constantly monitors the market and adjusts to trends and opportunities. Despite this short-term softness in international markets, we are well positioned to be the market share leader in the segments where we compete," said Eric Martel, President of Bombardier Business Aircraft.

News Item A-3: Bombardier (BMB) appointed Jim Vounassis as VP Operations Strategy, effective June 15. Vounassis is formerly from Kraft Canada and Pratt & Whitney (PRW) as VP Strategic Sourcing. He will be based in Montreal.

June 2015: News Item A-1: Bombardier (BMB) has delivered its 500th DHC-8-Q400 turboprop airplane to WestJet Encore. The milestone airplan is one of 36 ordered by WestJet Encore and its parent company WestJet (WJI).

July 2015: News Item A-1: Bombardier (BMB) appointed John Di Bert as Senior VP & (CFO), effective August 10, succeeding Pierre Alary, who is retiring.

News Item A-2: Bombardier (BMB) has delivered the first of seven CRJ900 aircraft to the Mesa Air Group of Phoenix, Arizona (Mesa Airlines). Mesa will operate the aircraft for American Airlines (AAL) under the American Eagle brand. The aircraft delivered is one of a firm order for seven announced on March 12.

August 2015: Bombardier (BMB) announced that its C Series CS100 aircraft has performed over >80% of the required certification tests with more than >2,250 flight test hours to date. The C Series aircraft is currently undergoing noise performance testing and the company expects the aircraft to meet those targets. (BMB) also confirmed that one of the C Series aircraft's demonstration stops in September will be at its Bombardier (BMB) Toronto site.

"The summer months are proving very productive for the C Series aircraft, as the flight test program continues to make solid progress (even setting a record with six test aircraft flying on the same day, logging in excess of a combined >20 hours)," said Fred Cromer, President of Bombardier Commercial Aircraft. "Passengers also flew onboard the CS100 for the first time, as part of the cabin testing program and their feedback was very complimentary.”

September 2015: News Item A-1: The CSeries is 85% through certification tests and about to enter “the final flight testing phase,” according to Bombardier (BMB).

(BMB) said it remains on track to certify the CS100 by the end of 2015. (BMB) has said the larger CS300 will be certified about six months after the CS100 completes certification. The CS100 is slated to enter service with Swiss International Air Lines (CSR) in 2016.

“The first production CS100 aircraft will soon commence function and reliability testing, signaling the start of the final flight testing phase,” (BMB) said. “For these tests, the aircraft will operate on a commercial airline type of schedule from key airports in North America.”

Bombardier (BMB) said the CS100 has successfully completed all noise performance testing.

CSeries sales remain at just 243 firm orders, but (BMB) President, Fred Cromer said (BMB) is “working with existing and potential customers as they explore opportunities and develop business cases around the CSeries jetliners.”

News Item A-2: StandardAero has an exclusive, five-year agreement with Air Nostrum Líneas Aéreas del Mediterráneo to provide maintenance, repair and overhaul (MRO) services for Honeywell (SGC) RE220 (APU)s on more than >20 Bombardier (BMB) CRJ900s and 1000s.

News Item A-3: Nico Buchholz, who was the Lufthansa Group’s Executive VP Fleet Management, has been named Bombardier (BMB)’s new Chief Procurement Officer (CPO).

Buchholz, who will also hold the title of Senior VP, will report directly to Bombardier President & (CEO), Alain Bellemare. He will lead of all of Bombardier (BMB)’s supply chain activities and “closely manage relations with suppliers across the global value chain.”

Buchholz managed Lufthansa (DLH)’s diverse fleet of around 700 airplanes, which includes a range of Boeing (TBC), Airbus (EDS), Embraer (EMB) and Bombardier (BMB) aircraft, and was instrumental in Lufthansa Group subsidiary, Swiss International Air Lines (CSR) becoming the launch customer for the Bombardier (BMB) CSeries, which is slated to enter service with Swiss (CSR) next year.

“Nico Buchholz is the perfect fit for the (CPO) role, given his unique talent for strategic planning and execution, as well as his deep understanding of aerospace and the industrial sector,” Bellemare said. “His impressive track record as the Lufthansa Group’s Fleet Manager shows that Nico has both the forward-looking vision and the operational and practical know-how, that Bombardier (BMB) needs to increase its competitiveness.”

Buchholz had been with Lufthansa (DLH) for 14 years, and during his career has also worked for Rolls-Royce (RRC).

News Item A-4: The Bombardier (BMB) DHC-8-Q400 has gained Brazilian type certification, enabling the aircraft to operate in the South American nation.

Bombardier (BMB) is trying to break into the large turboprop market in Brazil, which is currently controlled by rival turboprop manufacturer ATR. Brazilian airlines will be able to operate the DHC-8-Q400 in up to an 86-seat configuration. In late 2013, (BMB) introduced an extra capacity seating configuration option for the DHC-8-Q400 in which airlines can operate the turboprop aircraft with 86 seats with a seat pitch of 29 inches.

Bombardier (BMB) is particularly marketing the extra-capacity version of the aircraft to airlines in developing markets; Thailand’s Nok Air (NKA) was the launch customer for the type.

“Expanding our commercial aircraft presence in the Latin American market is key to our global expansion strategy and obtaining the DHC-8-Q400 aircraft’s type certification [from National Civil Aviation Agency of Brazil] marks an important step in placing aircraft in the region,” Bombardier Commercial Aircraft Regional VP Sales for Latin America & the Caribbean, Alex Glock said, adding that the “aircraft will serve the growth-oriented needs of Brazil’s airline industry and prove to be an excellent asset to local operators’ portfolios as they look to expand routes, right-size and develop their networks.”

October 2015: News Item A-1: "Japan’s Ryukyu Air Commuter to be DHC-8-Q400 combi launch customer" by (ATW) Aaron Karp, October 2, 2015.

Okinawa-based, Ryukyu Air Commuter Company has been identified as the launch customer for the Bombardier (BMB) DHC-8-Q400 combi aircraft.

Ryukyu Air Commuter, a subsidiary of the Japan Airlines Group, has been revealed by (BMB) as the previously unidentified customer that ordered five DHC-8-Q400s in July 2014, when the Canadian manufacturer also launched the DHC-8-Q400 combi turboprop at the Farnborough Airshow. The DHC-8-Q400 combi can carry 50 passengers in 32-in pitch seats or 58 passengers in 29-in pitch seats, while also having 9,000 lb of cargo capacity.

The five turboprops are valued at $168 million at list prices. Ryukyu Air Commuter said it will use the DHC-8-Q400 combi aircraft to fly passengers “travelling around Japan’s Okinawa islands.” A delivery date for the first DHC-8-Q400 combi was not announced.

News Item A-2: Bombardier (BMB) has reiterated its commitment to the CSeries, which is 90% through certification, after recently disclosing that partnership talks with Airbus (EDS) had been called off.

“Bombardier (BMB) is 100% committed to the CSeries. The CSeries is coming to market and the airplane will be here soon. We are getting further and further with the certification,” Bombardier Commercial Aircraft VP Business Acquisition, Ross Mitchell told media attending the European Regions Airline Association (ERA) general assembly in Berlin. “[The 100- to 150-seat market] is vitally important to airlines and it will continue to be vitally important. We are producing an aircraft for that market,” he said.

The comments follow Bombardier (BMB)’s October 6 disclosure that it had been in talks with Airbus (EDS) over “certain business opportunities.” At the time, (BMB) said those talks were “no longer being pursued,” but (BMB) added that it plans to explore other potential consolidation opportunities. Airbus (EDS) also confirmed that the two manufacturers had been in talks, which have ended.

On the sidelines of the (ERA) conference, airBaltic (BAU) (CEO) & CS300 launch customer, Martin Gauss said he is waiting on further information from Bombardier (BMB). “We would like a clearer statement from (BMB) on the status of this program. I want certainty, not only on deliveries (which I think they will achieve) but that they will still be supplying and building these aircraft in five years’ time,” Gauss said.

Ross Mitchell shifted the focus to the CS100 being over >90% of the way through its certification. After 3,000 hours of test flights, Bombardier (BMB) has moved on from “working the aircraft hard,” by subjecting it to weather extremes and water ingestion, to the final stage of function and reliability testing. This will include airfield performance, landings, turnarounds and on-ground operations.

Over the next few weeks, the CS100 will be making appearances at about 15 airports in Canada and 20 in the USA, with the aim of certification by year-end. “We are now operating the aircraft like an airline would operate it,” Mitchell said.

Bombardier (BMB) also confirmed that its production ramp-up is underway, including the first aircraft for CS100 launch operator Swiss International Air Lines (CSR), with its first delivery expected in the first half of 2016. “After the entry into service (EIS), we expect interest to accelerate more,” Mitchell said.

He added that the CSeries is “meeting and beating” its technical targets. The CSeries’ maximum range has been increased from 2,950nm to 3,300, exceeding its original target by 350nm, following the test program. Its fuel performance is also better than anticipated.

Bombardier (BMB) has booked 603 CSeries orders and commitments to date, including 243 on firm order.

News Item A-3: Bombardier Commercial Aircraft signed an agreement with digital transformation specialist Tech Mahindra to develop the Aircraft Ground Support System (AGSS) for Bombardier's Aircraft Health Management System (AHMS) for the CSeries family of aircraft. The (AGSS) will facilitate real-time and post-flight recorded data management, fault notification, and diagnostic reporting.

News Item A-4: AirBaltic (BAU) (CEO), Martin Gauss has sought reassurance from Bombardier (BMB) on the future of the CSeries program following the breakdown of partnership talks between Airbus (EDS) and Bombardier (BMB).

While airBaltic (BAU) remains very keen on the CS300 as the ideal replacement for its Boeing 737 fleet, Gauss is concerned about the lifespan of the program. AirBaltic (BAU) is due to take its first CS300 in September 2016 and is the launch customer for the variant.

“We would like a clear statement from Bombardier (BMB) on the status of the program,” Gauss said on the sidelines of the European Regions Airline Association (ERAA) meeting in Berlin. “I want certainty, not only on deliveries (which I think they will achieve) but that they will still be supplying and building these aircraft in five years’ time.”

AirBaltic (BAU) originally signed a letter of intent (LOI) for 10 CS300s, plus purchase rights on a further 10, at the 2012 Farnborough Airshow. The deal was firmed in December 2012. The order was further boosted at the 2014 Farnborough Airshow, when Bombardier (BMB) revealed (BAU) had firmed three options, taking its total commitment to 13 CS300s plus seven options.

Despite his concerns, Gauss said the performance of the CS300 is “exactly what (BAU) wants” and he remains keen to exercise his seven outstanding CS300 options.

During the (ERAA) conference, Bombardier (BMB) reiterated that it is 100% committed to the CSeries, which is due to enter service with CS100 launch customer Swiss International Air Lines (CSR) in the first half of 2016.

(BMB) has booked 243 firm orders for the CSeries to date.

News Item A-5: "Quebec Government to put $1 billion in New (BMB) CSeries Partnership" by (ATW) Graham Warwick, October 29, 2015.

The Quebec government will make a $1 billion cash investment in Bombardier (BMB) that will allow (BMB) to take its new CSeries aircraft through certification to full production.

(BMB) also announced a $3.2 billion write-down on development costs aimed at accelerating returns from sales of the CSeries airliner.

The actions were unveiled October 29 during (BMB)’s third-quarter financials’ announcement. They follow confirmation in early October that talks had ended on Airbus (EDS) potentially taking a controlling stake in the CSeries program. Quebec will take a 49.5% stake in a new subsidiary, that Bombardier (BMB) will form to complete development, manufacture and support for the aircraft.

The agreement with Quebec “is a key milestone to ensuring the program’s success,” (BMB) (CEO), Alain Bellemare said. “With this investment we are more confident in our capacity to bring production to fruition. Together, we will launch the CSeries to commercial success.”

The write-down on capitalized CSeries development costs, together with another $1.2 billion charge for cancellation of the already-paused Learjet 85 business-jet program, helped push the company to a net loss of -$4.9 billion for the 2015 third quarter. Revenues were down to $4.1 billion, from $4.9 billion a year ago, on lower regional and business jet deliveries.

(BMB) still expects to meet its 2015 target of delivering around 210 commercial and 80 business aircraft.

The memorandum of understanding (MoU) signed with Quebec means the government will take an equity stake in a limited partnership for the CSeries that will be 50.5% owned by Bombardier (BMB). The investment has been approved by the Quebec cabinet, but requires regulatory approval. (BMB) expects definitive agreement by January 1, 2016.

(BMB) estimates it will require another $2 billion to take the CSeries program to cashflow-positive production in 2020 - 2021, with the bulk of that investment coming in 2016. The equity infusion from Quebec will provide half the funds required.

Certification of the 110-seat CS100 is still expected by year-end and entry into service (EIS) in the first half of 2016. The 130-seat CS300 will follow six months later. (BMB) expects to deliver 15 - 20 aircraft in 2016, followed by a gradual ramp to full-rate production by 2020.

(BMB) will transfer CSeries assets, liabilities and obligations to the new subsidiary, which will continue to be consolidated into the company’s financial results. Quebec will participate in the partnership’s profits and losses, but any additional investment that may be required is planned to come from (BMB), (CFO) John Di Bert said.

Liquidity has been a major concern for (BMB) as it simultaneously developed the CSeries, Global 7000 large business jet, and non-cancelled Learjet 85. The company ended the quarter with $3.7 billion in liquidity, including $2.3 billion in cash, but that was after raising $3 billion in new debt and equity earlier in the year.

The big drains on liquidity so far this year have been $1.3 billion in capital expenditure on CSeries and Global 7000 development, plus a -$1.1 billion reduction in cash flow from the cut in Global 5000/6000 production. “We have cash outflow for work in progress, but advances for customers are not coming in,” Bellemare said, adding this will not impact 2016 results.

Bombardier (BMB) expects to end the year with $4 billion in liquidity, which will then be boosted to $5 billion in 2016 by the Quebec investment. This will come in two equal installments, in April and June 2016. And additional liquidity boost will come from the sale of a minority stake in (BMB)’s rail business.

Writing off higher development costs caused by schedule delays will accelerate the returns, once CSeries deliveries begin. “We expect to see strong returns on future cash flow, now we have sized the book value to the appropriate amount,” Di Bert said.

(BMB) will now focus on operating performance, Bellemare said, optimizing CSeries assembly and reducing manufacturing and supply-chain costs. Di Bert said supplier management and supply-chain efficiency will be a major focus.

On the sales front, Bellemare says there was “tremendous interest” in the CSeries, which is beating its performance targets. “We are having very good discussions,’ he said. “We are regaining the confidence of our existing and potential future customers.”

On a call with analysts, Bellemare would not be drawn on the abortive discussions with Airbus (EDS) over the CSeries. “We had a responsibility to look at all opportunities,” he said. “We feel we are making the right decisions today.”

See attachment by Frederic Tomesco, "Bloomberg News" - -
"BMB-2015-10 - Bombardier Stock Tumbles.jpg."

November 2015: Pratt & Whitney (PRW) has commenced flight testing on the (PW1900G) engine designated to power the Embraer (EMB) EMB-190-E2 and EMB-195-E2 aircraft.

The geared turbofan (GTF) engine completed its first flight affixed to (PRW)’s Boeing 747SP flying testbed airplane. The flight occurred from (PWC)’s flight testing center in Mirabel, Quebec.

“The start of engine flight testing is an important milestone for us as we bring the EMB-Jets second generation from concept to reality,” Embraer Commercial Aviation President & (CEO), Paulo Cesar Silva said.

The (PW1900) is the fourth engine in (PRW)’s (GTF) family of engines. (PRW) has already delivered (GTF) engines to Bombardier (BMB) for the CSeries, Airbus for the A320neo and Mitsubishi Aircraft Corporation for the Mitsubishi Regional Jet (MRJ).

November 2015: News Item A-1: "Bombardier CS100 Aircraft Flight Test Program Close to 100% Complete" by www.aviationnew.eu Rob Vogelaar, November 8, 2015.

* CS100 function and reliability (F&R) test aircraft starts flights

* (F&R) testing will include approximately 15 city pairs in Canada and over 20 in the USA. before moving on to Europe

* C Series flight test vehicles have completed more than >1,000 flights and CS100 aircraft is in final stage of flight testing leading to certification

Dubai Airshow: – Bombardier (BMB) Commercial Aircraft announced that the CS100 aircraft flight test program is close to 100% complete. Only a few tests remain to be completed and Bombardier (BMB) is on track to have the aircraft certified this year with Transport Canada.

Bombardier (BMB) also announced that function and reliability (F&R) testing on the C Series aircraft commenced with a four-leg flight by the CS100 (F&R) test aircraft. The first (F&R) flight, which started and ended in Mirabel, Québec, included stops in Moncton, New Brunswick; Halifax, Nova Scotia, and St-John’s, Newfoundland, and Labrador. The (F&R) test flights, which will be conducted using typical airline flight routings and operational procedures, are scheduled to include approximately 15 city pairs in Canada and 20 in the USA, then will take place in Europe.

“The success of this historic C Series aircraft test program is a testament to the hard work and dedication from the teams that designed, developed, built and tested the C Series aircraft over the last few years,” said Fred Cromer, President, Bombardier Commercial Aircraft. “We’re proud to be moving into the entry-in-service (EIS) and production phase as we look to deliver the aircraft in the first half of 2016 to SWISS (CSR) (a customer that has been with the program from the beginning). Congratulations to all involved.”

“With our flight test program almost 100% complete and all the high-risk CS100 aircraft’s flight tests behind us, teams are now finalizing the last few certification activities,” said Rob Dewar, VP C Series Aircraft Program, Bombardier Commercial Aircraft.

“Following more than >1,000 flights conducted by the C Series flight test vehicles, the (F&R) flights will give a really good indication of how the C Series aircraft will perform in a typical airline schedule to and from different airports in Canada and the USA.”

“Airfield performance, landings, airport turnarounds and on-ground operations are just some of the important characteristics that will be observed during the (F&R) testing,” added Mr Dewar.

* Bombardier CSeries certification flight testing complete

Bombardier (BMB) has “completed certification flight testing” on the CS100, Senior VP Commercial Aircraft Sales & Asset Management, Colin Bole said.

News Item A-2: Bombardier (BMB) has outlined its CSeries production ramp-up schedule, which foresees 250 of the airliners in service by 2020.

News Item A-3: "Bombardier (BMB) Nears Mid-East Maintenance Repair & Overhaul (MRO) Deal" by (ATW) Alan Dron, November 10, 2015.

Bombardier Commercial Aircraft has signed a memorandum of understanding (MOU) with Abu Dhabi Aviation (ADA) to establish an authorized service facility (ASF) for Bombardier (BMB)’s Q Series turboprop regional airliners. The announcement was made at the Dubai Air Show.

Final agreement on the deal is subject to acceptance of commercial terms and a final technical audit.

If it is concluded, (ADA) will become the first (ASF) for Q Series aircraft in the Middle East, and will offer line and base maintenance services. The company will also support operators in surrounding regions. The Q Series is operated by a spread of African airlines.

(ADA)’s main activity is in providing rotary-wing support to the oil and gas industry in the Middle East. However, its fleet also includes two DHC-8-Q400, three DHC-8-Q300 and two DHC-8-Q200 turboprops.

December 2015: News Item A-1: "INCDT - Wild Pigs Trigger SpiceJet Runway Excursion" by (ATW) Jeremy Torr, December 7, 2015.

A SpiceJet (ROJ) Bombardier (BMB) DHC-8-Q400 with 53 passengers and crew on board suffered a runway excursion and emergency evacuation after hitting a pack of wild pigs on landing at India’s Jabalpur Dumna Airport.

The flight, SG 2458 from Mumbai to Jabalpur, touched down safely at about 1945 local time on December 4, but ran into a herd of some 40 wild boars as it was decelerating, and as a result, veered off the runway onto soft ground.

The DHC-8-Q400 captain, Amartya Basu, had more than >10,000 hours of flying experience, and was described as “skillful and experienced” by Spicejet (ROJ). “The captain helped to avert a major disaster by diverting the aircraft . . . to moderate the impact,” a (ROJ) spokesperson said.

(ROJ) said the condition of the aircraft is still being assessed, but it had sustained severe damage to the port undercarriage (landing gear), causing the aircraft to collapse onto the ground.

All passengers and crew were evacuated and no injuries were reported.

The incident comes after India’s Directorate General Civil Aviation (DGCA) ordered a report on safety at animal-plagued airports across India. The survey on potential problems with wildlife wandering onto airport areas was initiated after a SpiceJet (ROJ) aircraft hit a buffalo while taxiing at Surat Airport, Magdalla in Gujarat last year.

Following the DHC-8-Q400 incident, (ROJ) warned that “no pilot (FC) is trained to land on runways infested with animals (and Jabalpur airport has a chronic history [of this kind of incident]).”

In April this year, the USA (FAA) upgraded India’s rating from Category 2 to a Category 1 safety rating following a review of the aviation regulator’s oversight and procedures.

News Item A-2: "Bombardier (BMB) CS100 Certified by Transport Canada"
by (ATW) Aaron Karp, December 18, 2015.

The Bombardier (BMB) CS100, the first variant of the CSeries, has gained type certification from Transport Canada.

Canadian Transport Minister, Marc Garneau, speaking from (BMB)’s Mirabel, Quebec, facility, called the certification of the CSeries a “historic moment for Canadian aerospace,” noting the CS100 is the “largest commercial aircraft ever certified by Transport Canada.”

CSeries certification came after multiple program delays and cost overruns. The CS100 is scheduled to enter service with Swiss International Air Lines (CSR) in mid-2016; (BMB)’s original service entry target was late 2013.

(BMB) hailed the certification as a major milestone. “There are not enough good words to describe the spirit of the moment,” (BMB) President & (CEO), Alain Bellemare told a crowd gathered in Mirabel. “We are making huge progress.”

Bombardier Commercial Aircraft President, Fred Cromer said certification should be thought of “almost as a relaunch” of the CSeries program. “When I’m sitting across from a [potential] customer, I now have a certified aircraft,” he said. “So the conversations are very different with the airline industry … Certification is a verification of the technology.”

The CSeries has struggled on the sales side, garnering 243 firm orders so far. But Cromer said the aircraft is “starting to resonate” with airlines, adding, “We will turn that interest into sales.”

Garneau said certification “represents Transport Canada’s approval of the design, airworthiness limitations and operating conditions of the aircraft. The certification involves a careful examination of the design to verify that it complies with the airworthiness standards and environmental regulations. (BMB) can now take important final steps to deliver the CSeries to customers worldwide, such as seeking international approvals and training crews.”

The CS100 is designed to seat around 110 passengers in a standard configuration. It has a range of 3,300 nautical miles, which CSeries Program General Manager, Rob Dewar pointed out means the aircraft can fly from Montreal to “all of North America and the northern part of South America.”

News Item A-3: "CSeries Certification in Hand, Bombardier (BMB) Moves to Optional Performance" by Graham Warwick, (ATW) Plus, December 18, 2015.

Armed with Transport Canada certification of the initial CSeries variant, the CS100, (BMB) is continuing flight testing to certify optional capabilities and build the aircraft’s maturity ahead of its entry into service (EIS) with Swiss International Air Lines in the second quarter of 2016.

Granted type approval December 18, the 108 to 133-seat CS100 has full operational capability as certified, (BMB) Series program VP & General Manager, Rob Dewar told (ATW) sister publication, Aviation Week & Space Technology in an interview directly after the certification announcement.

But testing will continue to certify promised optional capabilities such as the steep-approach approval required to operate into London City Airport.

“It’s more about optional performance,” Dewar said, including Category IIIA/B reduced-visibility landings, steep approach, and hot-and-high. Tests in Arizona cleared the CS100 to a 6,000-ft runway altitude. Follow-on testing in La Paz, Bolivia, will clear it to 13,000 ft, he said.

Bombardier (BMB) also has committed to complete 600 hours of airline-representative function and reliability (F&R) testing before entry into service (four times that required for Canadian and US certification and twice that needed for European approval, Dewar said).

The first production CS100, aircraft P1, has competed 275 hours of (F&R) testing so far, with dispatch and completion reliabilities of 100%, he said, adding no special effort was required to achieve the figures. “It is extremely rare we have a before next flight (BNF) event,” he noted.

Even the five flight-test vehicles (FTV), in an earlier, Build 5, standard and equipped with instrumentation, averaged 98.5% over the last nine months, Dewar said. (BMB) has retired two test aircraft, (FTV1) and FTV4), on completion of certification testing, and they are being refurbished for delivery the customers.

As certified, the CS100 is in Build 6 standard. The aircraft will enter service in Build 7 standard, which Dewar describes as a “clean up” that eliminates nuisance indications and involves a small capability increase, including steep approach. “It’s only about a 25% [software] load,” he said.

Beyond the Build 7 update, no post-certification work will be required on aircraft now in production. “There is no major mod line, no structural changes. The Swiss (CSR) aircraft are being built once, to the right standard,” Dewar said.

“We did not start the [production] ramp-up until we were confident in the maturity of the aircraft,” he said. “We only began the ramp-up in September, and changes were cooked in right up to that point, even though there was a lot of pressure to ramp earlier.”

Producing different aircraft configurations for multiple customers has challenged other manufacturers. Dewar said (BMB)has pre-engineered 12 modules for the forward cabin and 20 to the rear cabin, and “all customers to date are within the standard modules, with no highly customized aircraft.”

Bombardier also has limited the number of different customers it will deliver to initially, he said. The stated production ramp-up plan calls for delivery of 15-20 aircraft in 2016, 30-35 in 2017, 45-55 in 2018, 75-85 in 2019 and 90-120 in 2020, with a mature rate of 120-150 aircraft a year.

Ramping up production “is a challenge, but we have done it many times,” Dewar said, adding it is “progressing very well.” The final assembly facility at Mirabel, near Montreal, is full with six complete aircraft on the line and major assemblies for more in position.

Dewar has high confidence that the stretched, 130 to 160-seat CS300 will be certified six months after the CS100. As 95% of all system components are identical, he says certification testing “is more of a validation program.” Two test aircraft are flying.

When formally launched in 2008, the C Series was planned to enter service in 2013. Aside from an engine problem that halted flying for more than >5 months in 2014, Dewar says a major cause of delays was new certification requirements for more extensive validation than anticipated of the 10 to 12 million lines of software in the aircraft.

These require traceability of all requirements from the aircraft level, down through the systems and components to the software level and validation of all failure scenarios. “It’s a huge task, and it took a lot more time to develop and validate the software than we planned for. But at the end, you have a better result,” he said.

As certified, the CS100 beats (BMB)’s performance projections for the aircraft = “3,300 nautical mile range, and that is with a 235-lb passenger weight, real winds and real conditions,” Dewar said. The carbon-fiber wing performance better than expected, he said, resulting in a “platform with room for the future.”

News Item A-4: "A United Airlines CSeries Order Could Be Breakthrough Bombardier Needs" by (ATW) Aaron Karp in AirKarp Blog, December 21, 2015.

United Airlines (UAL) is one step closer to placing an order for new small narrow body aircraft, after a key union committee voted on December 22 to approve a proposed two-year contract extension.

Bombardier (BMB) executives were rightly exuberant over Transport Canada’s certification of the CS100, a significant milestone not just for the CSeries program but for Canadian aerospace. The performance metrics Bombardier is reporting from CSeries flight testing are impressive, but to make genuine progress on the CSeries program, Bombardier (BMB) needs a big order.

“When I’m sitting across from a [potential airline] customer, I now have a certified aircraft,” Bombardier Commercial Aircraft President & (CEO), Fred Cromer said following certification, adding that the CSeries is “starting to resonate” with airlines. “We will turn that interest into sales,” he said.

CSeries sales are stuck at 243 firm orders, and (BMB) is in desperate need of a splashy order for its foray into the narrow body airliner sector.

United Airlines (UAL) presents a major opportunity. (UAL) has signaled it could soon place an order for as many as 50 aircraft in the 100-seat size range. Some have suggested that (UAL) could go with an Airbus A319neo or a Boeing 737 MAX 7. (UAL) executives say they’re exploring all options, but the impression I get is that those aircraft are too large for what (UAL) is looking for.

(UAL) wants to become “more dependent on mainline [flying] and less dependent on [contracted] regional [flying]” in its domestic network, Vice Chairman & Chief Revenue Officer, Jim Compton said when I visited (UAL)’s headquarters earlier this month, citing, among other issues, USA regional carriers’ problems hiring new pilots (FC). “There are [domestic (UAL)] markets where a 100-seat aircraft would fit very well,” Compton said.

(UAL)’s most logical options are the CS100 and the Embraer EMB-190-E2. On the plus side for Embraer (EMB): (UAL) really likes the way the 76-seat EMB-175 is performing in its network. In fact, according to (UAL) VP Network Planning, Brian Znotins, the EMB-175 has a higher level of passenger satisfaction than (UAL)’s 737 and A320 mainline domestic aircraft.

(UAL) acting (CEO), Brett Hart told me, “The EMB-175 has been a terrific aircraft for us. It provides a very good experience for our customers. We recognize that. We would expect that, if we went to a 100-seat aircraft, we would get that level of satisfaction.”

The EMB-190-E2 and CSeries are both powered exclusively by Pratt & Whitney (PRW) geared turbofan (GTF) engines, so no advantage there for either aircraft. The CSeries is a bit larger. Delta Air Lines (DAL) plans to configure the EMB-190s it is putting in its mainline fleet with 98 seats and (UAL)’s configuration would probably be similar. With the CSeries, it could likely seat 110 passengers.

Obviously, price will be a huge issue in this decision. (UAL) has a lot of leverage. An order from a major USA airline for as many as 50 CS100s or EMB-190-E2s to place into mainline service would be a significant win for Bombardier (BMB) or Embraer (EMB).

This may turn into a limbo contest: How low will they go? Steven Udvar-Hazy has been publicly advising Bombardier (BMB) for some time to do whatever is necessary from a pricing standpoint to secure a signature order for the CSeries (would Bombardier (BMB) be willing to essentially give the aircraft to (UAL)?

One caveat: Could Boeing (TBC) or Airbus (EDS), in order to block Bombardier (BMB) from breaking through with (UAL), be willing to offer a sweet deal on 737 MAX 7s or A319neos? I mentioned those aircraft are larger than what (UAL) is looking for, but if the price is right (and if those aircraft are coupled with other Boeing (TBC) or Airbus (EDS) aircraft) could that be sufficient to scuttle a United (UAL) - Bombardier (BMB) CSeries deal?

News Item A-5: "China Express (HXA) Buys +10 More Bombardier CRJ900s"
by (ATW) Editor Karen Walker, December 31, 2015.

China Express Airlines (HXA) has placed a firm order with Bombardier Commercial Aircraft (BMB) for 10 CRJ900 regional jets, raising its total orders for CRJ900s to 38.

The order exercises options that Chongqing-based, (HXA) had as part of its initial order. To date, 20 CRJ900s aircraft have been delivered.

Bombardier (BMB) said the order announced December 31 was valued at $462.6 million at list prices.

Regional carrier China Express (HXA) launched operations in 2006 and serves 62 cities in China. "(HXA) is committed to providing air services to people in Tier 3 and Tier 4 cities in China. Our mission is to improve the connectivity by air for those communities," China Express (HXA) President, Wu Longjiang said.

"Our 2015 - 2034 Commercial Aircraft Market Forecast expects delivery of some 900 60 to 100-seat airliners to China during the forecast period and the CRJ900 regional jet is proving to be a perfect fit in that market segment," Bombardier (BMB) VP Sales, China & North Asia, Andy Solem said.

January 2016: News Item A-1: (DAL) (CEO), Richard Anderson said (DAL) is taking a very serious look” at purchasing the Bombardier (BMB) CSeries aircraft.

Bombardier (BMB) brought the CSeries to Atlanta late last year and Bombardier Commercial Aircraft President, Fred Cromer met with Anderson, who toured the aircraft. “It’s a pretty impressive airplane,” Anderson told analysts and reporters January 19, while discussing (DAL)’s 2015 earnings.

He praised the Pratt & Whitney (PRW) geared turbofan (GTF) engine, which powers the CSeries, as the most significant recent advancement in commercial aircraft technology.

“At the right price, it’s quite a competitive airplane,” Anderson said. “We’re taking a very serious look at it.”

Bombardier (BMB) has struggled on the sales side with the CSeries and is pushing for a major breakthrough order.

February 2016: News Item A-1: "(PSA) Airlines Receives 100th Bombardier CRJ Operated by American" by (ATW) Linda Blachly, February 12, 2016.

See attached photo - "BMB-CRJ900 - 2016-02.jpg."

(PSA) Airlines has taken delivery of a Bombardier (BMB) CRJ900, which will be operated for American Airlines (AAL) under the American Eagle brand. This is the 100th aircraft (which is one of 24 CRJ900 regional jets ordered by American Airlines (AAL) in December 2014) will be operated under the American Eagle regional brand.

(PSA) Airlines’ fleet is entirely comprised of CRJ200, CRJ700 and CRJ900 aircraft.

In addition, Bombardier Services Corporation and (PSA) Airlines signed a heavy maintenance agreement that extends the current agreement between the parties by two years. Under this contract, all heavy maintenance tasks for the airline's fleet of CRJ200, CRJ700 and CRJ900 aircraft will be performed at Bombardier’s West Virginia Air Center.

(PSA) Airlines President, Dion Flannery said, “The CRJ Series regional jets are instrumental in allowing (PSA) to fulfill its mission of transporting satisfied customers to their destinations safely and on time. We are becoming one of the largest regional service providers for American (AAL), and we’re also on track to soon become the operator of the world’s largest all-Bombardier (BMB) fleet of commercial aircraft,” Flannery said.

News Item A-2: "Bombardier Still Hopeful for United Airlines CSeries Order" by (ATW) Aaron Karp, February 16, 2016.

Bombardier (BMB) believes United Airlines (UAL)’s recent decision to order 40 Boeing 737-700s does not preclude it from selling the CSeries to (UAL), the Chicago-based airline.

(BMB), the Canadian manufacturer is eager to land a CSeries order from a major North American carrier. “We continue to talk with (UAL),” Bombardier Commercial Aircraft VP Commercial Operations, Ross Mitchell said on the sidelines of the Singapore Airshow. “I don’t think that [the 737-700] order precludes us doing something there. Certainly, we still believe the CSeries is the right airplane for a number of airlines. We don’t think that order necessarily changes the situation for us. We still believe strongly that the CSeries will be successful in the North American market with the major carriers.”

(UAL) said it will use the 737-700s to replace a portion of (UAL)’s domestic capacity now being operated under contract by regional airlines. (UAL) (CFO), Gerry Laderman has left the door open for more narrow body aircraft orders to replace regional capacity, telling analysts following the 737-700 deal, that (UAL) is “continuing to pursue additional aircraft.”

Delta Air Lines (DAL) is also considering the CSeries, which (DAL) (CEO), Richard Anderson recently called “a pretty impressive airplane.”

Whether Bombardier (BMB) can break through on the CSeries with a major North American airline may depend on how aggressive it is willing to be on pricing. Bombardier Commercial Aircraft President, Fred Cromer “has indicated that on pricing, we’ll make sure we do what it takes to be competitive,” Mitchell said. “I can’t comment on how low we’ll go, but I think we’ll be competitive in the marketplace. We will capture a North American mainline carrier, no doubt.”

Bombardier (BMB) Senior VP Commercial, Colin Bale added, “We’re not selling a price. We’re selling an aircraft.”

Asked whether (BMB)’s uncertain financial situation is a concern for potential CSeries customers, Bale said, “For sure, I’m not going to deny that we have to go through that discussion with our customers and explain to them that we have the funds required. We know we have the funds required.”

The Quebec government in October announced it was investing $1 billion to take a 49.5% stake in a new subsidiary, that (BMB) will form to complete development, manufacture and support for the CSeries. But the Montreal-based manufacturer continues to explore more funding sources and is in talks with the Canadian federal government about a possible cash infusion.

The CSeries, certified in December, is scheduled to enter service with Swiss International Air Lines (CSR) later this year. Bombardier (BMB) has 243 firm orders for the aircraft.

News Item A-3: Air Canada (ACN) announced on February 17 that it has entered into a Letter of Intent (LOI) with Bombardier (BMB) for the acquisition of up to 75 Bombardier CS300 aircraft powered by Pratt & Whitney PurePower® (PW1500G) engines as part of its narrow body fleet renewal plan. The (LOI) contemplates 45 firm orders plus options to purchase up to an additional 30 aircraft and includes substitution rights to CS100 aircraft in certain circumstances.

"Why Air Canada (ACN)’s CSeries Deal is Good News for All Airlines"
by Karen Walker in ATW Editor's Blog, February 19, 2016.

Air Canada (ACN)’s announcement that it intends to buy up to 75 CSeries aircraft is good news that extends beyond the airframe maker Bombardier (BMB) and engine supplier Pratt & Whitney (PRW). It’s also good news for airlines.

While Bombardier (BMB) still has a critical year ahead, this letter of intent (albeit from a Canadian airline) is significant. The number of aircraft, the aircraft type it will replace, and the fact that the customer is a major, international network carrier that has already committed to buying Boeing 737 MAXs, add up to a deal that could be a tipping point for the CSeries.

For the first time in far too long, airlines will have a third option in the all-important narrow body market. It’s an option that is solid (the CSeries is a well-designed and well-built aircraft; highly fuel efficient with excellent seat-mile costs; and it’s produced by an Original Equipment Manufacturer (OEM) that is highly experienced in delivering and supporting airliners on a global basis.

Airbus (EDS) and Boeing (TBC) are agreed on the importance and future growth of the narrow body market. As Boeing (TBC) says in its 2015 Current Market Outlook, “over the past 20 years, the single-aisle airplane has become the mainstay of many airlines fleets, composing 65% of all commercial airplanes flying.”

Emerging markets and low cost carriers (LCC)s are driving much of this demand, which Boeing (TBC) describes as the “fastest-growing, largest overall segment, requiring 26,730 airplanes over the coming two decades. These aircraft are the foundation of the world's airline fleet, carrying up to 75% of passengers on more than >70% of the world’s commercial aviation routes.”

So while it is understandable that Airbus (EDS) and Boeing (TBC) would like to maintain a duopoly (and are competing aggressively for neo and MAX sales), it is better for the world’s airlines if there is a third choice. (ATW) is convinced this desire for a third competitor was an important strategic factor in the Lufthansa Group’s decision to urge Bombardier (BMB) into CSeries development.

To be clear, Bombardier (BMB) (and Pratt (PRW)) are not blameless in the CSeries’ tepid sales performance. The program has been beset with delays and cost increases that have undermined confidence and prompted even keen potential customers to wait and see. But (ATW) also believes that Airbus (EDS) and Boeing (TBC) have contributed to the CSeries weak orders list, working behind the scenes to keep out a third competitor in the lucrative single-aisle market.

If the Air Canada (ACN) deal helps to turn round the CSeries’ order book and secure Bombardier (BMB)’s place in the efficient, 110 to 135 seat-range narrow body market, then the winner will be the airline industry.

News Item A-4: "Bombardier Widens Net Losses in 2015; Announces Job Cuts" by (ATW) Graham Warwick and Linda Blachly, February 17, 2016.

Bombardier (BMB) reported a 2015 consolidated net loss of -$5.34 billion, widened from a -$1.25 billion net loss for 2014. Full-year revenue for the commercial aircraft sector was down -12.6% to $2.4 billion.

Buoyed by a letter of intent (LOI) from Air Canada (ACN) for up to 75 CSeries 300 airliners, (BMB) announced the latest in a series of steps to turn the company around, including a further -7,000 job cuts, none of which are in the commercial aviation sector.

(CEO), Alain Bellemare said on a February 17 analysts’ call that in addition to cutting its workforce by -10% over two years, including -2,000 contractors, (BMB) has taken 4th quarter charges totaling $673 million for impairment of the CRJ1000 and Learjet programs, the move to direct sales of business aircraft, order cancellations, and revaluation of its used inventory.

Remaining program costs of $243 million for (BMB)’s largest regional jet are being written off because of a lack of orders. “The CRJ1000 is limited by pilot scope clauses in the USA, but the CRJ900 is solid, as recent orders show,” (CFO), John Di Bert said.

Bombardier Commercial Aircraft delivered 76 CRJs and Q400s in 2015, slightly down from a forecast of around 80, but plans to hand over 95 in 2016, including CSeries. Launch customer Swiss International Air Lines (CSR) is scheduled to receive 10 CS100s this year. “I see no reason we will not do that,” Bellemare said.

Largely because of lower aircraft deliveries, (BMB) revenues were down in 2015 to $18.2 billion from $20.1 billion in 2014, and earnings before interest and tax (EBIT) were down to $554 million from $923 billion. This was before special items totaling $5.39 billion for the full year, including third-quarter write downs of $3.2 billion for the CSeries and 41.87 billion for the Learjet 85.

(BMB) is forecasting higher revenues at Commercial Aircraft, which are expected to rise above >$3 billion on the start of CSeries deliveries.

A charge of $250 - $300 million is expected in 2016 to cover the workforce reduction, which comes on top of -1,000 job cuts announced in 2015. “After 2016, we will hire in specific areas,” said Bellemare, citing the final-assembly plants for the CSeries in Montreal and Global 7000 in Toronto.

The workforce reductions will be heaviest at Bombardier (Bmb) Aerostructures & Engineering Services, with -2,500 job cuts planned, mainly because of the slowing of Global production. No jobs will be cut at Commercial Aircraft and -500 will go in Business Aircraft, around -220 of them at Wichita.

The aerospace Product Development & Engineering workforce will be cut by -800 with the planned ramp-down of CSeries and Global 7000 development. The rest of the cuts will be in the Bombardier Transportation rail business.

News Item A-5: The Canadian Press
Published Wednesday, February 17, 2016 4:34AM EST
Last Updated Wednesday, February 17, 2016 11:12AM EST

MONTREAL -- Bombardier (BMB) announced February 17 it will cut -7,000 positions over two years (close to -10% of its global workforce) in the latest effort by Canada's largest aerospace company to turn itself around, as it awaits word of federal aid.

(BMB) said the layoffs will include -2,000 contract jobs. Nearly half of all the cuts would be at Bombardier Transportation, its rail division, which will lose -3,200 jobs. The rest would come from aerostructures and engineering, aerospace product development and Bombardier (BMB)'s business aircraft division.

Most of the cuts will be in Canada and Europe, though they will be partly offset by hiring in certain areas. Layoff notices are expected to be issued in the coming weeks and completed by next year.

No job losses are anticipated at the company's commercial aircraft business segment, which supplies airlines with passenger planes including the new CSeries jets, which Bombardier (BMB) has had trouble selling.

But amid the bad news, there was a sign that Bombardier (BMB) could be reviving its fortunes: a letter of intent (LOI) that could see Air Canada (ACN) buy 45 CSeries 300 planes, with an option to buy up to 30 more.

"We are turning (BMB) around to make this great company stronger and more competitive," (CEO), Alain Bellemare said. "And today, with the signing of Air Canada (ACN) for the leading-edge CS300 aircraft, we add a major international airline customer based in North America to complement our orders in both Europe and Asia."

The CSeries is (BMB)'s new generation of aircraft for commercial airlines, in development for more than a decade as an alternative to smaller models of passenger jets built by rivals Boeing (TBC) and Airbus (EDS). The aircraft is about two years behind schedule and at least +$2 billion over budget.

Late last year, (BMB) asked Ottawa for financial assistance as it tries to sell the CSeries. The federal government issued a statement Wednesday saying it was still reviewing that request. "Any action the government takes with respect to (BMB) will be first and foremost in the interest of Canadians," Federal Innovation Minister, Navdeep Bains said. "We have been clear that such an important decision will only be made after due diligence, careful consideration and a strong business case."

Transport Minister, Marc Garneau said he was encouraged to hear of the agreement between Bombardier and Air Canada (ACN) but concerned about those losing their jobs.

The announcement of job cuts and the letter of intent with (ACN) came as (BMB) released its financial report for 2015 and an outlook for 2016. The company, which reports in USA currency, had a net loss of -US$5.34 billion for 2015, including a -US$677 million loss in the fourth quarter.

Those losses include a number of special items and, without them, (BMB) says it would have had US$326 million of adjusted income for the full year and US$9 million of adjusted net income for the fourth quarter.

Among other things, (BMB) reported its revenue in the fourth quarter ended December 31 was $5 billion, down from just under <$6 billion a year earlier.

Its 2015 revenue was $18.2 billion, down from $20.1 billion in 2014. It's estimating 2016 revenue will fall further and be in a range of between $16.5 billion and $17.5 billion.

(BMB) is also planning to reduce the number of shares it has outstanding. The company plans a special shareholder meeting to get approval for a reverse stock split that will aim to exchange outstanding shares for a smaller number of consolidated shares, with a price in the range of C$10 to $20 each.

Bombardier (BMB)'s publicly traded B shares closed February 17 at 90 cents on the Toronto Stock Exchange. Last month, its stock fell below the $1 mark on the Toronto Stock Exchange for the first time in 25 years.

News Item A-6: "Bombardier Offers 90-seat Q400 Option" by (ATW) Aaron Karp, February 17, 2016.

Bombardier (BMB) has increased the possible capacity of the Q400 turboprop, offering a version with 90 seats at a 28-inch pitch.

The new Q400 option, unveiled February 17 at the Singapore Airshow, adds +4 more seats to the 86-seat extra-capacity version announced at the 2013 Dubai Air Show. That version, for which Thailand’s Nok Air (NKA) was the launch customer, features 29-inch pitch seats.

To get up to 90 seats on the same airframe, Bombardier (BMB) cut seat pitch by an inch, moved the right forward service door slightly and pushed back the bulkhead. (BMB) said it expects airlines to use the 90-seat version on high-demand, short-haul flights between secondary cities. Sales in Asia will be an obvious target for (BMB).

Questioned at a press conference about whether the 28-pitch seats compromise passenger comfort too much, (BMB) VP Marketing, Patrick Baudis responded, “We’re talking about short flights on this aircraft. You’re seeing low-cost carriers (LCC)s using 28-inch pitch seats on much longer-haul flights. What matters is the clearance you get from the knees to the seat in front of you. With new seats that are available, you can get the same clearance at 28 inches that you got with 30 inches 10 to 15 years ago.”

Baudis said (BMB) is studying the feasibility of retrofitting Q400s already in service with the 90-seat configuration.

There has been speculation for years about the possibility of (BMB) or ATR developing a 90-seat turboprop, but the talk had always centered on stretching the airframe of the Q400 or the ATR72 or creating an altogether new large turboprop. Both (BMB) and ATR have backed off the larger turboprop concept in the last couple of years.

“Industry players have been talking about developing a 90-seat turboprop and only (BMB) has turned that vision into a reality,” Baudis said. Asked whether (BMB) could still eventually launch a stretch version of the Q400, Baudis said, “We’re not precluding anything. We are now at 90 seats and we think this is a sweet spot going forward.”

March 2016: News Item A-1: "Bombardier (BMB), Air Inuit (AIE) Launch Q300F Freighter with Large Cargo Door" by (ATW) Aaron Karp, March 1, 2016.

Bombardier (BMB) and Canadian carrier Air Inuit (AIE) have launched a passenger-to-freighter conversion program for the Q300 turboprop, featuring a large cargo door.

Dorval, Quebec-based, (AIE) will be the launch customer, planning to add three Q300F Large Cargo Door freighters to its fleet. Air Inuit (AIE) already operates Q300F freighters with 13,500 lbs of cargo capacity. The new Large Cargo Door version will have 12,500 lbs of cargo capacity, and will accommodate both palletized and free load cargo.

(BMB) said a supplemental type certificate (STC) for the new Q300 freighter variant will be developed under license by a specialized third party.

(AIE) (COO), Christian Boch said that the Q300F “is well adapted for remote operations like those required to support Canada’s resource industries and northern communities.”

News Item A-2: "Bombardier Begins CSeries European Route-proving Tour" by (ATW) Alan Dron, March 7, 2016.

Bombardier (BMB) has started route-proving flights with its CSeries CS100 regional jet in Europe, as the aircraft nears service entry (EIS) with Swiss International Air Lines (CSR). (CSR) is due to take delivery of its first CS100 in the (2Q).

The month-long route-proving program is being operated by (BMB) from (CSR)’s Zurich hub. The exercise will include flights to several major European cities including Brussels, Vienna, and Warsaw.

The program follows a similar exercise conducted last year across North America that encompassed more than >35 cities.

Over the next few weeks the CS100 will conduct flights using typical Swiss (CSR) flight routings and operational procedures. They are intended to give an accurate indication of how the aircraft will perform in a typical airline schedule to and from different airports.
Airfield performance, landings, turnarounds and on-ground operations are some of the characteristics that will be observed.

“As the launch customer and the first airline that will operate the CS100 aircraft, the European route-proving program is very important to us and will provide a real indication of how the aircraft will operate in our network when we take delivery of our first CS100 in the next few months,” SWISS (CSR) Chief Technical Officer, Peter Wojahn said.

“The CS100 continues to attract curiosity and keen interest when visiting airports around the world and now, it will be spotted in cities across SWISS (CSR)’s network—performing as if already a member of the airline’s fleet,” Bombardier Commercial Aircraft President, Fred Cromer said.

“The route-proving flights will bring the CSeries aircraft closer to the flying public in Europe, who will ultimately be amongst the first in the world to fly aboard the aircraft.”

Separately, (BMB) confirmed that the last of eight CSeries flight test vehicles (the second CS300) entered the flight test program in Mirabel, Québec last week.

“March is turning out to be a very productive month for the CSeries aircraft program,” VP CSeries Aircraft Program, Rob Dewar said. “In addition to the next phase of route-proving, last week we celebrated the first flight of the eighth and final flight test vehicle. It's only the second CS300 flight test vehicle in the program and one that is equipped with a full production interior.”

News Item A-3: The first CSeries CS300 for launch operator airBaltic (BAU) is on the final assembly line at Bombardier (BMB) Commercial Aircraft’s plant in Mirabel, near Montreal.

At the same time, the first aircraft for CS100 launch operator Swiss International Air Lines (CSR) is complete and has been powered up at Mirabel ahead of the first flight.

The CS100 is on track to enter service with SWISS (CSR) in June, and the CS300 with airBaltic (BAU) in the second half of the year, (BMB)r VP CSeries Program, Rob Dewar said.

The first production CS100, aircraft (P1), has begun route-proving flights for SWISS (CSR). Based in Zurich, P1 has so far flown to Hannover and Brussels, flown by Bombardier (BMB) pilots (FC) but with (CSR) proving ground support.

Initial flights are there-and-back, but the CS100 will shortly begin operating six flights a day between different destinations, as it will in SWISS (CSR) service, to iron out any issues.

P1 has completed 450 hours of a 600-hour extended function-and-reliability test phase to be completed before entry into service (EIS). There have been snags, but no dispatch interruptions so far, Dewar said.

P1 is in the Build 6 certification standard, and Bombardier (BMB) will shortly begin flying the (EIS) standard, Build 7. This cleans up nuisance warnings and introduces capabilities including Category 2B landings, hot-and-high runways and steep approaches.

The first of two CS300 flight-test aircraft, (FTV7), is now at around the 500-hour mark. The second joined the flight test program at Mirabel March 3 and is the first with an interior. Dewar said the aircraft was on track for certification about six months after the CS100, which received Transport Canada approval in December.

Nine CSeries have been built so far, he says, and CS100s up to serial number (50015) have progressed through fuselage and wing join at Mirabel. The first CS300 for (BAU) has completed fuselage join.

(BMB) plans to deliver 15 - 20 CSeries this year to SWISS (CSR), airBaltic (BAU) and other operators. The CS100 can seat 100 - 133 passengers, but is typically being specified with around 117 seats dual-class. Able to accommodate up to 160, the longer CS300 is being specified typically with 148 seats single-class and 137 dual, Dewar said.

News Item A-4: The Canadian government will ultimately do something to help struggling jetmaker Bombardier (BMB) and expects to make an announcement on aid soon, according to a government official.

The official said the deal may still be delayed. The official didn't specify the factors that could push back an announcement.

Quebec's provincial government has committed US$1 billion for a minority stake in Bombardier (BMB)'s CSeries program and wants the federal government to do the same. Since taking office in November, Prime Minister, Justin Trudeau has been under pressure to make a decision. "We will answer when we have the right answer to give," Trudeau said. "We are taking our time in a deliberate and thoughtful way to make sure we're doing the right thing in the interest of the Canadian industry."

The government has "a responsibility towards taxpayers to get the opportunity cost right," he said.

Trudeau, speaking in an interview with Bloomberg Editor-In-Chief, John Micklethwait, reiterated his praise for the CSeries jet, which has struggled to win orders from most of the world's biggest carriers.

"The CSeries aircraft has been lauded as an extraordinary airplane," the Prime Minister said. "Really, it is more efficient, more fabulous in all ways than just about any other plane on the market. Canadian aerospace and Bombardier (BMB) itself has a bright future."

Shares of Bombardier (BMB) have plunged almost 50% in the past year, dipping below C$1/US$0.77 last month, as investors lost patience over delays and cost overruns in the Montreal-based firm's marquee-jet project. The stock rose +4.8% to C$1.20 at 1:06 pm in Toronto.

Governments have long supported the aerospace sector and Canada wants to ensure its industry remains strong for decades to come, Trudeau said. The government has hired USA investment bank, Morgan Stanley to analyze a potential deal with Bombardier (BMB), the "Globe & Mail" newspaper reported, citing unidentified sources.

"From Boeing (TBC) to Airbus (EDS) and Embraer (EMB), all the big aircraft companies around the world have always needed significant government support," he said. "How do we continue to make sure the high-quality jobs and innovative solutions put forward by our aerospace industry are there for the long haul?"

April 2016: News Item A-1: "AirBaltic Again Boosts Bombardier CSeries Order" by (ATW) Alan Dron, April 12, 2016.

Latvian flag carrier and launch operator of the Bombardier CSeries CS300, airBaltic (BAU) has again increased its order for the new Canadian regional jet. It has firmed the remaining seven options from its initial order of 10 firm and 10 options placed in December 2012. It had already firmed up three of the 10 options in February 2014.

This latest order is valued at approximately $506 million at list prices.

(BAU) will be the first customer to operate the CS300 when it takes delivery in the second half of 2016.

The CS300 is the stretched version of the initial CS100 that is due to enter service in the next few months with launch customer, Swiss International Air Lines (CSR).

AirBaltic (BAU) is transitioning to an all-Bombardier fleet; it already has 12 Q400 turboprops. “Our fleet modernization continues as we increase our all-new CS300 aircraft to a fleet of 20 technologically-advanced jetliners in order to support our "Horizon 2021" business plan,” (BAU) (CEO), Martin Gauss said. “This will substantially improve the connectivity of the Baltic region with Western Europe and the Eastern markets (all of which will help stimulate the economies of Latvia, Estonia, and Lithuania, and create new jobs). The CS300 will improve our passenger experience and convenience as we position ourselves for growth, reaching new destinations due to the increased capabilities of our new jets.”

News Item A-2: Halifax-based Chorus Aviation, the parent of Canadian regional carrier, Jazz Aviation, has placed a firm order for five Bombardier CRJ900s valued at $229 million at list prices.

The five 76-seat CRJ900s, which will include 12C business class seats, will enter service with Jazz in early 2017 under the Air Canada Express brand as part of Jazz’s capacity purchase agreement with Air Canada (ACN). Chorus has also taken purchase rights for five additional CRJ900s.

“The addition of these new CRJ900s reduces unit costs and complements our fleet of Canadian-built Bombardier (BMB) turboprops and regional jets,” Chorus President & (CEO), Joseph Randell said.

Jazz also announced it will reconfigure its 16 75-seat CRJ705s to 76-seat aircraft with two classes, standardizing those cabins with those of the incoming CRJ900s. Both the new CRJ900s and the reconfigured CRJ705s will have seat back in-flight entertainment (IFE) systems and Gogo wireless Internet access.

Jazz will also reconfigure 21 Bombardier Q400 NextGen turboprops to add four seats, going from 74 to 78 seats in all-economy (Y) class configuration.

The reconfiguration of the 16 CRJ705s and 21 Q400s will be performed by Jazz’s maintenance and engineering division with assistance from Bombardier. The work is expected to be completed by the end of 2017.

News Item A-3: "Delta Orders 75 Bombardier CS100s in ‘Watershed’ Deal for CSeries" by (ATW) Karen Walker, Graham Warwick and Aaron Karp, April 28, 2016.

Delta Air Lines (DAL) has placed a firm order for 75 Bombardier (BMB) CS100s, becoming the USA launch customer for the aircraft in a deal that is highly significant for the Canadian-made narrow body. The order, valued at $5.6 billion at list prices, immediately makes (DAL) the world’s largest CSeries customer.

(DAL) also took 50 CS100 options, which it can convert to the larger CS300. Deliveries are slated to start in the spring of 2018. In announcing the order April 28, (DAL) also said it would no longer bring the Embraer E190 into its fleet as previously planned.

The (DAL) firm order means Montreal-based Bombardier (BMB) has met the target of 300 firm orders by entry into service (EIS) that it set at the launch of the CSeries program. The CS100 is set to enter service with Swiss International Air Lines (CSR) in July.

“As we reshape our fleet for the future, the innovative onboard experience of the CSeries is a perfect complement for the top-notch service provided every day by (DAL) people,” incoming (DAL) (CEO), Ed Bastian said. “These new aircraft are a solid investment, allowing us to take advantage of superior operating economics, network flexibility and best-in-class fuel performance.”

The CSeries aircraft are powered by Pratt & Whitney (PRW) (PW1500G) geared turbofan (GTF) engines.

(DAL) is the CSeries customer, Bombardier (BMB) has been looking for since Alain Bellemare, shortly after becoming (CEO) in February 2015, brought in experienced airline executive, Fred Cromer to lead the commercial aircraft business. Bombardier Commercial Aircraft President, Cromer called the (DAL) order “a watershed moment” for the CSeries program, adding that “the order is a resounding endorsement of the CS100 aircraft performance.” In addition to the sheer size of the deal, the biggest yet for the CSeries, (DAL) ticks all the boxes as a customer: a marquee name, a major USA airline, and one of the world’s largest international carriers.

Air Canada (ACN) ticked similar boxes for Bombardier (BMB), when it committed to 45 firm CS300s plus 30 options in February, but no disparaging accusations of domestic political pressure can be made about the (DAL) order.

Bombardier (BMB) is likely to have had to significantly discount the CSeries to win the (DAL) order, but Bellemare, after bringing in Cromer and experienced salesman, Colin Bole as Commercial Senior VP, made clear he was willing to be aggressive on pricing to win those customers that would establish credibility for the CSeries.

(BMB) has long targeted a major USA airline in its CSeries sales campaigns, and winning the Delta (DAL) order follows the CSeries losing out to the Boeing 737-700 in United Airlines (UAL)’s recent narrow body order decision.

Discounting by Airbus (EDS) and Boeing (TBC), which likely played a role in (UAL)’s decision to buy 737-700s rather a newer, more fuel-efficient aircraft type, has made it hard for the CSeries to get established.

CSeries development delays and liquidity concerns about (BMB) deterred buyers, but when the CS100 was finally certified in December 2015, it met or beat its performance guarantees, and the larger CS300 is on track for certification later this year with similar results.

May 2016: News Item A-1: "Winners and Losers from Delta’s CSeries Order" (ATW) Aaron Karp in AirKarp Blog, May 3, 2016.

“There’s no question this is an industry-accepting order,” Bombardier (BMB) Senior VP Sales, Colin Bole said.

There are aircraft orders, and there are aircraft orders. Even with the valuable assets involved in commercial aircraft transactions (planes worth tens of millions of dollars or more) most orders are relatively routine. But a handful can rightly be described as “game changing” with wide reverberations. Last month, one of those kinds of aircraft orders came along when Delta Air Lines (DAL) placed a firm order for 75 Bombardier CS100 aircraft plus 50 options. Here are the winners and losers from the deal:

* Winners

A. Bombardier: “We’re ecstatic,” Bombardier Commercial Aircraft Senior VP Sales, Colin Bole, the Canadian manufacturer’s top commercial aircraft salesperson, said last week while standing aboard a CS100 aircraft in Atlanta. Bole and a handful of senior Bombardier (BMB) executives flew down to (DAL)’s headquarters in Atlanta on the CSeries aircraft after (DAL) placed the crucial order.

“There’s no question this is an industry-accepting order” for the CSeries, Bole said. Yes, Air Canada (ACN) committed to the CSeries in February, but a major USA airline has always been the big prize for Bombardier (BMB). (ACN)’s commitment is not insignificant, but the airline and (BMB) share Montreal as a headquarters city, so it is not surprising (ACN) would commit to the CSeries, even if there was no overt domestic political pressure to do so. But (DAL) ordering 75 aircraft (and this is especially important after United Airlines (UAL) ordered Boeing 737-700s over the CSeries) means that the CSeries will be operated in a significant way on mainline service by one of the world’s largest and most successful airlines.

It means that the CSeries is now definitely in play as airlines around the world make choices when buying low-end (size-wise) narrow body aircraft.

B. Delta (DAL): The airline is famous for making opportunistic aircraft orders and it seized on Bombardier’s need to establish the credibility of the CSeries to get what was undoubtedly a huge bargain on the $5.6 billion list price for the 75 firm aircraft. (DAL) will take at least 35 CS100s and can then start converting to the larger CS300 model ((DAL) has already negotiated and agreed to a firm price for both models with (BMB)).

Given the aircraft’s fuel efficiency, expected maintenance-cost savings and the relatively low price (DAL) paid, it’s no wonder (DAL) execs were exuberant about the CSeries during the airline’s April 29 media day in Atlanta. The economics of the CSeries “are very, very compelling for us,” (DAL) Senior VP Supply Chain Management and fleet strategy, Greg May said.

USA domestic airline passengers: (DAL) is planning to use the CS100 on domestic routes now operated with 50-seat or 76-seat regional aircraft, so the quality of the flight experience for (DAL) passengers on these routes will greatly improve. “It is an absolute wide body feel on a narrow body,” (DAL) (CEO), Ed Bastian said of the CS100, which will start being delivered to (DAL) in 2018.

(DAL) plans to configure its CS100s with 110 seats. Standard economy (Y)-class seats will have a 31-inch pitch and be at least 18.5 inches wide, according to May. With a 3 - 2 format planned for economy (Y), all but 17% of the seats on the aircraft will be window or aisle seats, he said.

“I think it’s going to be one of the most comfortable aircraft we’ll have in our fleet, if not the most comfortable,” (DAL) President, Glen Hauenstein said.

* Losers:

A. Embraer: The Brazilian manufacturer has been trying to get its E190/E195 aircraft into USA mainline fleets, and the (DAL) CSeries order was a double blow. First, (DAL) chose the CSeries over the E190. Second, it said the 20 used E190s it had been planning to add to its mainline fleet will no longer be added. The order was by no means a devastating blow for Embraer (EMB), which continues to win orders for both current and next-generation E-Jets, but it is a blow nonetheless.

B. Boeing and Airbus: At least Airbus had the solace of winning an order for 37 additional A321s from Delta (DAL) the day after the CSeries order and having (DAL) launch A321 service this week. But Boeing (TBC) and Airbus (EDS) had, until last week, kept Bombardier (BMB) from getting an “industry-accepting” CSeries order by discounting prices on 737-700s and A319s. That strategy seems to have played out and the world’s two largest commercial aircraft manufacturers may have to figure out an actual response to (BMB). “What [(DAL)’s order] in particular establishes, is that there is a need for an aircraft in the 100 to 150-seat size range in the market,” Bole said. “Some of our competitors had denied that.”

C. United: Does United (UAL) regret choosing the 737-700 with current-generation engines over the CS100 or CS300 with next-generation engines, now that rival (DAL) has chosen the CSeries? In, say, 2019, if a (UAL) 737-700 goes head-to-head with a (DAL) CS100 on a domestic route, you’d probably have to give the operating economics advantage to (DAL).

D. USA regional airlines: Because of pilot (FC) contract scope-clause restrictions, USA regional airlines can’t operate aircraft with more than >76 seats. “Where you see the 76-seat aircraft today, that’s going to be the best opportunity [for the CSeries],” Bastian said. This means that capacity at major markets like New York LaGuardia now being operated by regional carriers under the “Delta Connection” brand will move to CSeries aircraft operated by mainline (DAL). Business (C) is already tough for USA regional airlines, and it looks like it will only get tougher.

May 2016: Bombardier Commercial Aircraft has renewed a strategic alliance with Fokker Services to provide the ABACUS FLY program to operators of Dash 8/Q-100s -200s and -300s for three years.

June 2016: News Item A-1: "Quebec Finalizes 49.5% Bombardier CSeries Investment" by (ATW) Victoria Moores, June 23, 2016.

Bombardier (BMB) and the government of Québec have signed a “definitive agreement” under which Investissement Québec will invest $1 billion in the CSeries program in return for a 49.5% stake.

Bombardier (BMB) on June 23 said the government will invest $1 billion in the program through two $500 million tranches to be paid on June 30 and September 1. “The investment has been approved by (BMB)’s board of directors and the cabinet of the government of Québec, and remains conditional upon the satisfaction of other customary conditions. The $1 billion investment will be used entirely for cash flow purposes of the (CSALP),” (BMB) said.

Under the agreement, the CSeries program assets, liabilities and obligations will be transferred to the newly created CSeries Aircraft Limited Partnership (CSALP), with Bombardier (BMB) holding the remaining 50.5%. In return, the partnership headquarters, assembly, manufacturing, engineering services and (R&D) activities will remain in Québec for at least 20 years.

Bombardier (BMB) President & (CEO), Alain Bellemare said the investment will “accelerate” the program and give it “financial flexibility.” “(BMB) will maintain operational control of the CSeries program and consolidate its financial results. Fred Cromer will serve as President of the (CSALP), and continue in his current role,” the Canadian manufacturer said.

(CSALP)’s board will be formed of three Bombardier (BMB) representatives and two from the government, chaired by Daniel Johnson.

The program has been struggling to build up order momentum, although it recently secured a pivotal deal for 75 CS100s from USA-based Delta Air Lines (DAL).

Embraer (EMB) Commercial Aviation President & (CEO), Paulo Cesar Silva has alleged that Bombardier (BMB) won the (DAL) order based on improper government subsidies.

News Item A-2: The European Aviation Safety Agency (EASA) and the (FAA) have granted type validation to the Bombardier CSeries 100 (CS100), paving the way for delivery to launch customer Swiss International Air Lines (SWISS) (CSR) at the end of June.

The European and USA approvals build on the CS100’s original type certification which was awarded by Transport Canada in December 2015.
Under an agreement between the authorities, (BMB)’s home regulator performs the primary aircraft certification and other authorities validate that approval. “Rather than redo the whole work, we only concentrate on certain elements, because we believe in the work done by the Canadian authorities,” an (EASA) spokesman said. He added that the timing of the validation was as expected.

Likewise, the (FAA) green light paves the way for the CS100 to enter service in the USA.

Bombardier (BMB) said the twin approvals mark one of the final chapters for the program, following comprehensive testing. The CSeries has now accumulated more than >5,000 flight hours. The first CS100 will be delivered to SWISS (CSR) at the end of June and will enter commercial service in July.

News Item A-3: WestJet Encore has signed a firm order for nine Bombardier (BMB) Q400 turboprops in an order valued at $293 million at list prices. The transaction is a conversion of options booked by the airline’s parent company, WestJet (WJI) and will increase WestJet Encore’s fleet to 45 Q400 aircraft.

“(BMB)’s Toronto-built, Q400 turboprop airliner has allowed us to expand from our Western Canada base to more and more communities from coast to coast across Canada and into the USA,” WestJet Encore President, Ferio Pugliese said. “These nine new superb Q400 aircraft will continue to grow our network.”

Bombardier Commercial Aircraft VP Regional Aircraft, Kevin Smith said, “In just three years WestJet Encore’s operations have grown from two Q400 aircraft serving just two cities, to 28 aircraft serving 36 destinations in Canada and the USA. With this order, WestJet Encore has 17 aircraft still to be delivered, which will allow further expansion of the airline's network.”

News Item A-4: Bombardier Commercial Aircraft has announced that an unidentified customer has signed a firm purchase agreement for 10 CRJ900 aircraft. The agreement is valued at $472 million at list prices.

Bombardier Commercial Aircraft President, Fred Cromer said, “The modern and fuel efficient CRJ900 aircraft continues to maintain its solid footing and set industry benchmarks with its lower operating costs, outstanding operational flexibility and enhanced cabin amenities. These are key drivers for the growth, profitability and success of airlines around the world . . . The CRJ900 aircraft is creating excellent value for a wide variety of operators with diverse business requirements.”

News Item A-5: Bombardier (BMB) delivered the first CSeries aircraft to Lufthansa (DLH) subsidiary, Swiss International Air Lines (SWISS) (CSR), at ceremonies in Montreal on June 29.

July 2016: News Item A-1: Bombardier (BMB) marked the milestone in the CSeries family aircraft program with the handover to SWISS (CSR) of the first of 30 airliners on order.

SEE PHOTO - "BMB-2016-07 - 1st CS100 Handover to Swiss.jpg."

Bombardier (BMB) said it has managed to increase range of both the CS100 and CS300 from restricted airports. Modifications, such as a different setting for slats and flaps and changes to climb thrust integration, result in a 150 nm increase from London City Airport (LCY) for the CS100, CSeries Program Head Rob Dewar said. These changes also lead to a 450 nm improvement from Denver for the larger CS300.

News Item A-2: The Tanzanian government has signed a firm purchase agreement for two Bombardier (BMB) Q400s for commercial airline use, valued at $62 million at list prices.

Announcing the order on July 27, (BMB) said the aircraft will be used for “commercial airline operations in the region,” but no operator was disclosed.

Tanzanian Ministry of Transport, Works & Communication Permanent Secretary Leonard Chamuriho said the aircraft will be used to serve 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,” Chamuriho said.

The aircraft will be configured in a 76Y-seat, dual-lavatory layout.

August 2016: News Item A-1: "Bombardier Losses on Key CSeries Sales Total $492 Million" by (ATW) Graham Warwick, August 5, 2016.

Bombardier (BMB) took a -$492 million hit in its second-quarter financials because of deep discounts in CSeries aircraft deals with three airlines. Despite the losses, CSeries production ramp up is on track, and second-quarter results that show the Canadian company was making “solid progress” on its turnaround plan, (CEO) Alain Bellemare said.

The first CSeries to the enter service, a CS100 delivered to launch customer Swiss International Airlines (SWISS) (CSR) in July, “is performing as expected and feedback from the customer and passengers is outstanding,” he said, adding that delivery of a second aircraft to (CSR) is on schedule.

“The ramp-up is progressing well,” Bellemare said, with 12 to 15 aircraft planned to be delivered this year, including the first stretched CS300s to Air Baltic (BAU). (BMB) expects to deliver 30 to 40 CSeries in 2017 and is on track to achieve break-even cashflow on the program by 2020 as planned, he said. With certification of the CS300 in July, “we have completed development and are in full transition to production and revenue generation,” Bellemare said.

The CSeries firm order total stands at 358 aircraft, after Russian lessor Ilyushin Finance (IFC) restructured its order to 20 CS300s, down from 39, to “align its business plans with local market demand and financial conditions in the region.” Sanctions against Russia over Ukraine, barred Canadian export financing for (IFC)’s original order. (BMB) would not comment on financing for the restructuring deal, which includes one firm order and five options for the Q400 regional turboprop.

In addition to (IFC), (BMB) is continuing to work with USA carrier Republic Airways, after its Chapter 11 bankruptcy filing cast doubt on its firm order for 40 CS300s. “No charges are anticipated for adjustments” to either deal, Bombardier (BMB) (CFO) John Bi Bert said.

(BMB) posted a net loss of -$490 million for the second quarter, on revenues down -6.7% year-on-year to $4.3 billion, after taking a $492 million “onerous contracts provision” to cover losses on firm orders for 127 CSeries for Air Canada (ACN), Delta Air Lines (DAL) and Air Baltic (BAU).

In addition to boosting interest in the CSeries, these deeply discounted sales to marquee customers have filled in the early part of the production build-up, and the charge reflects “accelerated recognition of the high-production-cost part of the ramp,” Di Bert said. The discounted orders “have created value and generated momentum” for the CSeries and are “fully accounted for” in (BMB)’s relaunch of the aircraft, he added. The losses are part of the $2 billion the company has said it will take to achieve positive cashflow on the program by 2020.

Of that $2 billion, half is coming from the Quebec provincial government, which finalized an agreement in June to invest $1 billion in a limited partnership to which all of the CSeries assets, liabilities and obligations have been transferred.

Discussions with the Canadian Federal Government on investing in the CSeries continue, Bellemare said. “They are complex negotiations and we will see where it goes,” he noted. “We are still engaged and trying to find a solution that will work.”

On regional aircraft, Bombardier (BMB) reaffirmed its delivery projections for 2016 after handing over 19 CRJs and eight Q400s in the second quarter and taking orders for 17 CRJs and 15 Q400s in the second quarter. “We are rebuilding the backlog,” Di Bert said.

Graham Warwick/Aviation Week Warwick@aviationweek.com

News Item A-2: Lufthansa (DLH) subsidiary, SWISS (CSR) said the first 30 days of Bombardier CS100 commercial operations have gone according to plan, despite minor glitches. (CSR), the Star (SAL) Alliance member is the first operator of the CSeries.

(CSR) launched the first commercial CS100 scheduled flight from Zurich to Paris Charles de Gaulle on July 15. A second CS100 began scheduled operations on August 18, also from Zurich to Paris Charles de Gaulle.

SWISS (CSR) spokesperson Karin Mueller said: “We are satisfied with the first 30 days since starting entry-into-service [EIS]; of course, there is potential for optimization.”

Some of the glitches were “minor” technical and operational uncertainties (for example, de-icing, air conditioning and ground handling).

On July 19, a (CSR) CS100, en route from Switzerland to the UK, had to return after experiencing a problem with its air conditioning system. “These glitches had been in an area what you can expect during (EIS). There have never been signs that the entire fleet introduction is in danger.”

Bombardier (BMB) VP CSeries Rob Dewar said on July 6 that about 20 Bombardier (BMB) specialists would be based in Zurich to support SWISS (CSR) initially. “It is critical for us to have a successful (EIS),” he said.

Mueller said that support from Bombardier (BMB), as well as daily experience in operating the new aircraft, have reduced initial uncertainty “significantly.”

She said no flights were canceled during the first 30 days of CSeries operations, even though the aircraft had to remain on the ground once for technical reasons.

(CSR) said the CS100 operates on a 99% dispatch reliability.

After the first 4 weeks, the first CS100 aircraft (HB-JBA) operated at a higher reliability rate compared to other new-generation aircraft types, according to Mueller. “We are satisfied with the values, since they meet the expectations of a new aircraft.”

The target is to operate the CS100 fleet with 99% dispatch reliability year round, according to Mueller. “To get reliable information [of CSeries operations], there must be a minimum of five CS100s operating scheduled services for at least 3 months,” Mueller explained.

Inside the aircraft, minor adjustments had been necessary, like loudspeaker noise or the installation of a cabin class divider. Passenger feedback has been so far mostly positive, she said.

(CSR) expects delivery of a third CS100 (HB-JBC) within the next few weeks, but Mueller declined to give details for further CS100 deliveries. “We want to be flexible [on further deliveries] and to bring in first our experiences from the scheduled operations,” she said. This needs more time, which is why further deliveries had been moved back slightly. “But for a new type of aircraft, this is not unusual,” Mueller added.

On July 15, SWISS (CSR) (CEO) Thomas Kluehr said (CSR) will take delivery of nine CS100s in 2016. It will take delivery of one aircraft per month in July, August and September. After that, deliveries will increase to two aircraft per month.

(CSR) originally ordered 20 CS100s and 10 CS300s, plus 30 options. On June 5, (CSR) announced it would convert five of 20 CS100 orders into CS300s.

September 2016: News Item A-1: Bombardier (BMB) has received the second of two $500 million installments from the government of Québec, completing the province’s $1 billion investment in the CSeries program.

The first installment was made June 30 and the second installment was received September 1, as scheduled, (BMB) said. (BMB) and the Québec government reached an agreement earlier this year to create the CSeries Aircraft Limited Partnership, which is 50.5% owned by Bombardier (BMB) and 49.5% owned by Québec.

The $1 billion commitment from the provincial government helped stabilize the CSeries program’s finances after the program endured multiple delays. “There is not a cent of subsidy in this government intervention,” Québec Premier Philippe Couillard said to Aviation Week in July. “It’s equity and warrants, similar to what any other investor would have done.”

Bombardier (BMB) has agreed that CSeries assembly, manufacturing, engineering services and (R&D) activities will remain in Québec for at least 20 years.

Embraer (EMB) has accused Bombardier (BMB) of accepting an improper government subsidy.

News Item A-2: "More Than Half of 2016 CSeries Deliveries Delayed by (GTF) Ramp-up Issue" by (ATW) Aaron Karp aaron.karp@penton.com, September 6, 2016.

Bombardier (BMB) said it will deliver seven CSeries aircraft in 2016 instead of 15 as planned, citing Pratt & Whitney (PRW) (PW1500G) geared turbofan (GTF) engine delivery delays.

Both (BMB) and (PRW) emphasized that the (PW1500G)-powered CS100, which entered service with Swiss International Air Lines (SWISS) (CSR) in July, is performing well. But ramping up production of the (GTF), another variant of which also went into service on the Airbus A320neo earlier this year, is proving to be a challenge for East Hartford, Connecticut-based (PRW).

“In terms of production, we’ve made significant headway in the supply chain, but there is some pressure on new engine deliveries for this year,” a (PRW) spokesperson said. “We are working closely with our customers on the delivery schedule, and we are keeping them apprised of the progress being made.”

Bombardier (BMB) Commercial Aircraft President Fred Cromer said, “We are working very closely with Pratt & Whitney (PRW) to quickly address this supplier ramp-up issue and to ensure we have a strong supplier base to support our long-term growth objectives. We are very confident in our production ramp-up plan, including our ability to meet our production goal of 90 to 120 aircraft per year by 2020.”

Montreal-based Bombardier (BMB) has already delivered two CS100s to SWISS (CSR). Those aircraft combined have flown nearly 400 revenue flights, accumulating nearly 600 hours of in-service flight time, according to (BMB).

“Since day one, the (GTF) engine has met or exceeded every performance specification (16% fuel burn [improvement], minus -50% emissions and a -75% reduction in noise footprint,” the (PRW) spokesperson said.

(BMB) plans to deliver a third CS100 to SWISS (CSR) in October. (CSR) had planned to take delivery of nine CSeries aircraft in 2016, with deliveries rising from one per month from July through September to two monthly from October through December. The larger variant of the CSeries, the CS300, remains on schedule to enter service with airBaltic (BAU) in the fourth quarter of this year, the (BMB) said.

The CSeries delivery delays are a setback for a program that had gained momentum after experiencing multiple program delays, including flight testing being grounded for >3 months in 2014 following a (PW1500G) engine fire. But Bombardier (BMB) executives have been touting significant program progress in recent months. Prior to the service entry with SWISS (CSR), (BMB) booked two major orders for the narrow body aircraft (75 firm CS100s from Delta Air Lines (DAL) and 45 firm CS300s from Air Canada (ACN).

There were (GTF)-powered A320neo delivery delays in the first half of this year related to an engine startup restriction issue that (PRW) characterized as “teething problems,” for which (PRW) has provided a fix. The CSeries delivery delays are not connected to that issue, according to Bombardier (BMB) and Pratt (PRW).

October 2016: News Item A-1: Bombardier Commercial Aircraft received type validation from (EASA) for CS300 in preparation for delivery in (4Q) 2016 to AirBaltic (BAU); the 1st 6 pilots (FC) completed initial type rating course and it successfully conducted route-proving exercises out of Riga.

News Item A-2: Sukhoi (SSJ)’s SSJ100 and Bombardier (BMB)’s CSeries 100 (CS100) are closing in on their London City Airport steep approach certifications, which they hope to secure in 2017. The combination of London City’s short runway and the presence of several high buildings in the nearby Docklands financial area mean that aircraft landing from the west have to adopt an approach of 5.5 degrees, almost double the standard 3 degree glide slope.

News Item A-3: "Bombardier to Cut -7,500 jobs Over 2 years" by (ATW)
Aaron Karp aaron.karp@penton.com, October 21, 2016.

Bombardier (BMB) will cut its workforce by approximately -7,500 employees through 2018 as part of an effort to create “a clear path to profitable earnings growth,” President & (CEO) Alain Bellemare said.

(BMB) said the job cuts will lead to about $300 million in recurring savings by the end of 2018, though the company will also report special charges of $225 million to $275 million from the 2016 4th quarter through 2017 as it executes a restructuring to “include streamlining its administrative and non-production functions across the organization.”

The job cuts, which represent about 10% of Bombardier’s workforce, will be “partially offset by strategic hiring” to support production ramp-ups for the CSeries airliner and the Global 7000 business jet, Bombardier (BMB) said. “While restructuring is always difficult, the actions announced are necessary to ensure (BMB)’s long-term competitiveness and position the company to continue to invest in its industry leading portfolio, while also deleveraging its balance sheet,” Bellemare said.

The workforce reduction is the 2nd announced by (BMB) this year; in February, (BMB) announced plans to cut -7,000 jobs.

November 2016: News Item A-1: Bombardier (BMB) reported a consolidated net loss of -$94 million for the 3rd quarter of 2016, narrowed from the company’s consolidated -$4.9 billion net loss in (3Q) 2015.

3rd-quarter consolidated revenue was $3.7 billion, down -9.7% from $4.1 billion; expenses totaled $3.4 billion, down -9.9% year-over-year (YOY), leaving an operating profit of +$384 million, down -7.9% from +$417 million in (3Q) 2015.

For Bombardier (BMB)’s commercial aircraft sector, revenue in the 2016 3rd quarter was $538 million, a +12.1% increase over $480 million in 3Q 2015. “We continue to gain momentum as we execute our turnaround plan and transform our company,” (BMB) President & (CEO) Alain Bellemare said. “We remain focused on improving operational efficiency, ramping up our new programs and maintaining a disciplined and proactive approach to deliver value to customers and shareholders in any market development.”

(BMB) said the $58 million increase in 3rd-quarter revenue was mainly because of higher revenues from sales of new and pre-owned aircraft. (BMB) posted orders for 3 Q400s for the 3rd quarter, but the total for the quarter was a net negative 9 orders following (BMB)’s August restructuring of a purchase agreement with Moscow-based lessor Ilyushin Finance Company, (IFC). (IFC) modified its original 2013 firm order for 32 CS300s with options for an additional 10 aircraft to 20 CS300s and 1 Q400 turboprop with options for 5 additional Q400s.

Subsequent to the quarter’s end, Philippine Airlines (PAL) signed a letter of intent to acquire up to 12 Q400 regional turboprops, valued at $375.6 million at list prices. In September, Bombardier (BMB) adjusted the full-year delivery forecast for CSeries aircraft downward, from 15 to seven aircraft, citing Pratt & Whitney (PRW) PW1500G geared turbofan (GTF) engine delivery delays. “Mainly as a result of this delivery adjustment, we updated commercial aircraft delivery guidance for full year 2016 to between 85 to 90 aircraft [down from 95 deliveries] and our free cash flow usage target for the CSeries aircraft program in 2016 is now approximately $1.15 billion, of which $830 million has been spent in the 1st 9 months,” (BMB) said. “We now expect total commercial aircraft revenues in 2016 of approximately $2.7 billion.”

(BMB) delivered 16 commercial aircraft during the quarter, up from 14 in (3Q) 2015. Deliveries included 9 Q400s, 5 CRJ900 regional jets, 1 CRJ 1000 regional jet and 1 CS100, the 1rst CSeries aircraft to enter service, to launch customer Swiss International Air Lines (SWISS) (CSR). As of November 10, SWISS (csr) has 3 CS100 aircraft in service. (BMB)’s CS300 model obtained type certification from Transport Canada on July 11, followed by (EASA) certification on October 7. Both regulators also conducted operational evaluations of the CS300, validating that the aircraft is suitable for entry into service, (BMB) said. (FAA) validation of the type is expected during the 2016 4th quarter, (BMB) said, adding the 1st CS300 destined for launch operator Air Baltic (BAU) is in production and delivery is scheduled to take place in the coming weeks.

Also in September, (BMB) received the 2nd and final installment ($500 million) of the $1 billion investment from the government of Québec supporting (BMB)’s CSeries program. The program was established in June as the CSeries Aircraft Limited Partnership, which is 50.5% owned by (BMB) and 49.5% owned by Québec.

News Item A-2: Bombardier (BMB) appointed Dan Brennan as Senior VP Human Resources (HR), effective February 2017. Brennan currently serves as Group Human Resource & Talent Development Director at (CRH) plc, a leading global building materials group, headquartered in Dublin, Ireland.

December 2016: News Item A-1: The Bombardier (BMB) CS300 has gained type validation by the (FAA), meaning both variants of the CSeries have been certified by Transport Canada, the European Aviation Safety Agency (EASA) and the (FAA).

The (FAA) has also granted the CS100 and the CS300 the Same Type Rating (STR), a designation that allows pilots (FC) to transfer between the 2 variants with minimal training, providing cost savings for airlines that operate both. “These airworthiness validations by international authorities recognize the exhaustive process and excellent work done by Bombardier (BMB), in conjunction with Transport Canada, who awarded the CSeries aircraft their original aircraft type approvals,” (BMB) VP Product Development & Chief Engineer François Caza said.

The (FAA)’s approval of the CS300 came on the same day Latvian carrier airBaltic (BAU) placed the 1st CS300 into revenue service on the Riga - Amsterdam route.

News Item A-2: The Tanzanian Government Flight Agency (TGFA) has signed firm purchase agreements for 2 Bombardier CS300s single-aisle jets and 1 Dash-Q400 turboprop, Bombardier (BMB) announced December 2.

The aircraft will be leased to and operated by national flag carrier Air Tanzania (TNZ), based in Dar-es-Salaam.

The combined contracts have a list price value of approximately $200 million.

The Q400 order follows <3 months after 2 of the same type were delivered to the (TGFA), also for operation by (TNZ). Like the 2 earlier examples, the latest aircraft will have an all-economy, 76Y-seat interior with 2 lavatories.

The 2 CS300s will be configured in a dual-class layout, and will be equipped with Wi-Fi internet and in-flight entertainment systems.

The latest orders further boost Air Tanzania (TNZ), which this year had seen its fleet dwindle to a single Bombardier Dash 8-300, a predecessor of the Q400.

“The domestic market in Tanzania, as well as the regional market, is becoming more competitive as both business and leisure travel are steadily increasing,” the Tanzanian Ministry of Works, Communications & Transport’s Permanent Secretary Leonard Chamuriho said. (TNZ) had to offer aircraft that could compete, both in terms of passenger amenities and operational efficiency, he added.

“The CS300 aircraft will allow (TNZ) to expand both its domestic and regional markets, and it has the range to open new international destinations such as the Middle East and India at the lowest cost,” Bombardier Commercial Aircraft’s VP Sales, Africa and Middle East Jean-Paul Boutibou said. “The CSeries jet aircraft have the right attributes to develop these markets.”

Including this transaction, Bombardier (BMB) has firm orders for 566 Q400 and 360 CSeries aircraft.

News Item A-3: Embraer (EMB) is in discussions with the Brazilian government about the possibility of challenging the Québec provincial government’s $1 billion investment in Bombardier (BMB)’s CSeries program through the World Trade Organization (WTO), according to Embraer (CEO) Paulo Cesar Silva.

Speaking to (ATW) and "Aviation Week" editors, Silva reiterated his objection to the government investment in the CSeries program, in which Québec now has a 49% stake. Silva believes the government investment played a role in Delta Air Lines (DAL) choosing the CSeries over an Embraer (EMB) aircraft when placing a firm order for 75 CS100s earlier this year. “I continue to be very unhappy with this,” Silva said. “We are very worried about the situation because this is causing a huge disruption in the market. We are competing no longer with Bombardier (BMB), we are competing with the Canadian government that is now manufacturing aircraft through the CSeries program. It is very unfair.”

He added that Brazil-based Embraer (EMB) is “talking very seriously with our government about moving to a different level of conversation, a more disruptive conversation between Brazil and Canada. Of course, it’s not up to Embraer (EMB). It’s up to Brazil and our government to do it at the (WTO). We are definitely talking with our government, and they are worried about it.”

But Silva conceded that the (WTO) “is not efficient at all” as a forum for settling aircraft subsidy disputes, citing the ongoing back-and-forth at the (WTO) between the USA and the (EU) over alleged Airbus (EDS) and Boeing (TBC) subsidies. “So, as an aircraft manufacturer, I would like to have [a global] industry agreement [on subsidies],” he said. “Maybe after this Airbus - Boeing dispute, [there can be] an industry agreement.”

A universal agreement on aircraft subsidy rules “is a possibility,” Silva said, adding, “As an industry, I think it’s something we should look at.” Speaking to "Aviation Week" in July at the Farnborough Airshow, Québec Premier Philippe Couillard defended investing $1 billion for a 49% stake in the CSeries program. “There is not a cent of subsidy in this government intervention,” he said. “It’s equity and warrants, similar to what any other investor would have done. I know the competitors will not be very happy, but I challenge anyone to find anything [that would indicate this is not a] typical commercial investment.”

Global political and economic uncertainties are creating a difficult environment for those in the air transport business and their customers, the Head of Embraer (EMB) believes.

January 2017: Bombardier Commercial Aircraft Asset Management (BMB) has remarketed 13 previously owned CRJ900 aircraft to Regional One. 2 of the aircraft were owned by Bombardier (BMB) and 11 were remarketed on behalf of a 3rd party. 8 of the 13 aircraft were delivered in 2016 and 1 in 2017. The remaining 4 are scheduled for delivery later this year.

February 2017: News Item A-1: Bombardier (BMB) has pushed back CSeries 1st flight by one month, saying that the aircraft will now make its maiden test flight “by the end of July.”

News Item A-2: Bombardier (BMB) has a 5-year Smart Parts agreement with Hawaii Island Air to provide longer-term component support for its growing fleet of Q400 aircraft. Island Air operates new Q400 aircraft leased from Elix Aviation Capital of Ireland.

March 2017: "Engine Shortage, Airframe Tweaks Prompt CSeries Delivery Pause" by Flightglobal Pro, Stephen Trimble Washington DC, March 3, 2017.

Bombardier (BMB) has halted deliveries of the CSeries aircraft for 2 months to refine the production system and upgrade the aircraft configuration, while the supply of Pratt & Whitney (PRW)’s geared turbofan engines remains a bottleneck, (BMB) (CEO) Bellemare told Flightglobal.

The last CSeries aircraft delivered (a CS300) was delivered to Air Baltic (BAU) on December 31. A month ago, (BMB) officials said the delivery of the 6th CS100 (and 8th CSeries overall) to Swiss (CSR) would occur “shortly,” but the aircraft remains parked outside the final assembly line in Mirabel, Canada.

The ongoing delivery hiatus increases pressure on (BMB) to meet a commitment to ramp CSeries deliveries this year to 30 - 35 aircraft, a +428 - +500% jump compared to the 7 deliveries made last year.

On the sidelines of the USA Chamber of Commerce Aviation Summit on March 2, Bellemare explained the delivery stoppage was planned. “We’re taking advantage of this lateness in engines to take the opportunity to upgrade the aircraft, upgrade the assembly line and get ready for more volume,” Bellemare said.

Bombardier (BMB) originally planned to deliver 15 CSeries aircraft in 2016, but in September reduced the forecast to 7 while blaming a shortage of engine deliveries from (P&W).

The ramp-up of the (P&W)’s geared turbofan engine family has been slowed by a critical shortage of several parts, including the unique hybrid metallic fan blades. In comments made last year, United Technologies (CEO) Greg Hayes said the fan blades have proved harder to make than (P&W) expected.

But the opening of new fan blade factories in Japan and Michigan is expected to eliminate the parts shortage, allowing (P&W) to meet its goal of delivering 350 - 400 engines in 2017. Hayes has explained that about 50 of those engines will be needed as customer spares. Bombardier (BMB) will need at least 60 - 70 engines to meet its goal of delivering 30 - 35 aircraft. That leaves 230 - 290 engines left over for (P&W)’s other geared turbofan customers, which includes the Airbus (EDS) A320neo now in service and the Embraer E190-E2 that remains in testing.

While Bombardier waits for more engines, the company is improving aircraft on the assembly line to avoid taking delivered units out of service as improved components become available. “Instead of producing aircraft that would actually need a lot of retrofit in the field, we could manage that because, like we said, the engine delivery schedule was back-end loaded,” Bellemare said. Bellemare described the aircraft and production system improvements as minor tweaks that fall short of a block-point upgrade, which is scheduled to come later.

April 2017: News Item A-1: Lufthansa Group subsidiary, Swiss International Air Lines (SWISS) (CSR) will be the 1st carrier to operate the Bombardier CSeries CS100 into London City Airport (LCY), after the variant was granted steep approach certification by the European Aviation Safety Agency (EASA) and Transport Canada.

The green light follows a series of steep approach demonstration flights at London City Airport that took place in March.

(LCY)’s short runway and the presence of several high buildings in the nearby Docklands financial area mean that aircraft landing from the west have to adopt an approach of 5.5 degrees, almost double the standard 3 degree glide slope. “To be certified for operations at London City, we had to show that the aircraft could perform at a greater approach angle, takeoff and land on the airport’s short runway and meet the local noise requirements. Our crew successfully demonstrated, as expected, the CS100 aircraft’s capability and maneuverability,” Bombardier (BMB) VP Product Development & Chief Engineer François Caza said. He added that the certification was made possible by the aircraft’s aural and head-up display systems.

(BMB) had been planning to secure the clearance sooner, but Bombardier Commercial Aircraft CSeries aircraft program VP Rob Dewar said the certification process went smoothly. “The CSeries is the only commercial aircraft specifically designed for operations at challenging airports,” he said.

With the CS100 approval, Bombardier (BMB) said it has doubled the viable range from (LCY) to include direct flights serving destinations in the Middle East, Russia, the USA east coast and West Africa.

(LCY) (CEO) Declan Collier said SWISS’ maiden CSeries flight into the airport is expected later in 2017, joining Bombardier (BMB)’s Dash 8-Q400, which has already been approved for steep approach operations.

News Item A-2: Bombardier (BMB) delivers another Global 6000 business jet for Zetta Jet, which already has a fleet of Global and Challenger 650 business jets.

May 2017: News Item A-1: Bombardier (BMB)’s pricing on its sale of 75 firm CSeries aircraft to Delta Air Lines (DAL) was “normal course” business and not improper, Bombardier Commercial Aircraft (BMB) President Fred Cromer said.

Cromer defended the CSeries program’s most significant order, which has come under attack by both Boeing (TBC) and Embraer (EMB). Boeing (TBC) has formally asked the USA government to protest Canadian government assistance to the CSeries program, and in particular alleges that Bombardier (BMB) offered the CSeries to (DAL) at an “absurdly low” $19.6 million per aircraft, well below what (TBC) described as the aircraft’s production cost of $33.2 million. (DAL)a placed a firm order for 75 CS100 aircraft, plus 50 options, in April 2016. “The (TBC) numbers are not accurate, whether we’re talking about the sales price or the production cost,” Cromer said. He did note that “early airplanes are expensive [to produce] and every manufacturer looks at the entire program” when pricing aircraft.

While (BMB) started marketing the CSeries as early as 2005, and originally intended for the aircraft to enter service in 2013, the program had endured a raft of delays and missteps when Cromer came on board in 2015 as part of a new (Bombardier management team led by President & (CEO) Alain Bellemare. Cromer said the CSeries program was effectively “reintroduced and relaunched” at the 2015 Paris Air Show and pricing on 2016 orders, including to Air Canada (ACN) and (DAL), should be viewed in that context. “We were absolutely reintroducing this aircraft,” Cromer said. “We even used the words, ‘We’re relaunching the program.’ The pricing of any aircraft at any given time in a program can be volatile.” He said (BMB) had to account for the “perceived risk” (ACN) and (DAL) were taking by ordering a new aircraft.

(TBC) and (EMB), which pushed the Brazilian government to go to the World Trade Organization over the CSeries, allege (BMB) is improperly able to sell the aircraft at market distorting prices because of the Quebec provincial government’s $1 billion investment in the CSeries program and $372.5 million/$276 million in repayable support from the Canadian federal government over 4 years for the CSeries and Global 7000 aircraft programs. That assistance violates trade rules, (TBC) and (EMB) claim. “We were very careful to make sure the investments were done in a way that was fully compliant with trade regulations,” Cromer said, adding that the arrangements with Quebec and the Canadian federal government were “carefully designed to be compliant. We’ve got all the confidence in the world that this is not going to be an issue.”

News Item A-2: News Item A-2: Swiss International Air Lines (SWISS) (CSR) has taken delivery of the 1st of 20 Bombardier CS300 aircraft it has on order.

(CSR), the launch operator for the smaller CS100, will become the 1st airline to operate both variants of the CSeries when the CS300 enters service on the Geneva - London Heathrow route on June 1.

(CSR) ultimately plans to have 10 CS100s and 20 CS300s in its fleet. “With its 20 additional seats, this 2nd model in the CSeries family ideally complements our current aircraft fleet, and gives us an optimal equipment mix for our European short- and medium-haul services,” (CSR) (CEO) Thomas Klühr said. “Our 1st CS300 will be initially stationed in Geneva. In fact, our entire Geneva-based fleet will soon consist solely of Bombardier (BMB) CSeries aircraft.”

SWISS (CSR) previously took delivery of 8 CS100s. 3 CS300s have been delivered to Latvia’s airBaltic (BAU). The (CSR) CS300 is the 12th CSeries aircraft delivered by Bombardier (BMB) and the 5th delivered this year.

(BMB) plans to deliver 30 - 35 CSeries aircraft in 2017.

June 2017: "AirBaltic to Take 6th and 7th CS300 within 4 Days" by (ATW) Kurt Hofmann hofmann.aviation@netway.at, June 30, 2017.

airBaltic (BAU) expects to receive 2 more Bombardier CS300s by mid-July, 8 months after becoming the launch customer for the larger CSeries variant. (BAU) plans to receive its 6th Bombardier CS300 on July 10 and its 7th on July 14. “Within 4 days, 2 additional CS300s will join our fleet,” airBaltic (BAU) Chairman & (CEO) Martin Gauss said on the sidelines of an Airlines for Europe (A4E) event in Brussels, June 29. “We expect aircraft number 8 later this year. This will be then the last one for 2017.”

By the end of 2019, (BAU) plans to have 20 Bombardier CS300 aircraft in its fleet. “The CS300 became already our workhorse“, Gauss said, adding within the next 2 years employee training will continue as new aircraft join (BAU).

During the transition period as the airline switches from Boeing 737s to CS300s, 3 additional wet-leased aircraft will operate during the summer peak period. “From 15 Boeing 737-300/737-500s, we [now] have 11 in our operations. 9 we bought from leasing companies,” Gauss said. “We need these aircraft during the transition period.”

“(BAU) has never been [as] successful [as during] the 1st 6 months of 2017,” Gauss said. “The new CS300 is changing the image of airBaltic (BAU) every day. Now we are focusing [on] (BAU) [to] get an even more European touch“.

(BAU) will add 8 to 10 new routes next year. (BAU) has 20 CS300 jets on firm order.

August 2017: Jet Maintenance Solutions (JET (MS)), a global provider of integrated aircraft maintenance, repair and overhaul (MRO) solutions for business and regional aviation, is delighted to announce having received all relevant approvals to launch Bombardier Global 5000/6000 jet type maintenance.

Having undergone technical personnel training, obtained all necessary approvals, as well as (CAA)'s certificate earlier this month, Jet Maintenance Solutions is now fully ready to provide its quality services to the operators and owners of Bombardier Global 5000/6000 aircraft. The (MRO) organization will support large cabin business jet operators and owners with base, line maintenance and spare parts supply services in accordance to its (EASA) Part-145 certificate.

"With >600 Bombardier Global 5000/6000s in operation world wide, adding the type was a strategic goal and only a question of time for us. Most of our long-standing partners have Bombardier (BMB) fleets and were anticipating such a step. With Bombardier (BMB) CRJ and Challenger expertise already under our belt, this will allow us to provide tailor-made maintenance solutions for Bombardier type aircraft worldwide. I strongly believe that this addition is a valuable tool allowing us to strengthen relationships with our current customers as well as meet demand of the robust Bombardier (BMB) market," commented Darius Saluga, (CEO) of Jet Maintenance Solutions.

In addition to the recently added Bombardier (BMB) Global 5000/6000 certificate, Jet Maintenance Solutions is also fully qualified to provide (MRO) services for Hawker Beechcraft 700/750/800/800XP/850XP/900XP, as well as Bombardier (BMB) CRJ100/CRJ200/CRJ440 and Challenger 604/605/850 aircraft. Jet Maintenance Solutions is a member of the Avia Solutions Group family (an international, publicly traded aviation holding company with >20 subsidiaries world wide).

September 2017: News Item A-1: SpiceJet (ROJ) firmed its order for up to 50 Bombardier (BMB) Q400 turboprops on September 29, the largest single Q400 order to date, valued at $1.7 billion, if all purchase rights are optioned.

Notably, the aircraft is in the Q400’s new 90-seat configuration, and on delivery will make (ROJ) the world’s 1st operator of a 90-seat turboprop.

SpiceJet (ROJ) signed its initial (LOI) for 25 Q400s plus purchase rights for an additional 25 aircraft at the Paris Air Show June 20. At the time, the order was for the 86-seat extra-capacity NextGen variation of the Q400, which are being flown by Philippine Airlines (PAL) (in a dual-class configuration) and Thailand’s Nok Air (NKA).

Bombardier (BMB) launched its 90-seat Q400 configuration at the Singapore Airshow in February 2016.

(ROJ)’s all leased-in fleet comprises 20 Q400s in a 78-seat configuration, 15 of which have been delivered since 2010, as well as 30 Boeing 737-800s, 4 Boeing 737-900ERs, and 2 737-700s. (ROJ) has 135 737 MAX 8s and 20 737 MAX 10s on order.

(ROJ) is looking to expand coverage of India’s domestic and international regional market and hopes the 90-seat Q400 will meet increasing passenger demand. “We have been witnessing growth in the number of passengers per departure in the turboprop market, and especially in India,” Bombardier (BMB) VP Sales S Asia & Australasia François Cognard said. “SpiceJet (ROJ) will be the 1st airline to take advantage of the 90-passenger high-density Q400.”

With SpiceJet (ROJ)’s order, (BMB) said the Q400 firm order total has reached 610 aircraft.

News Item A-2: "Why the Delta CSeries Order is Worth all the Trouble for Bombardier" by (ATW) Aaron Karp in AirKarp September 27, 2017.

Delta Air Lines (DAL)’s order for 75 firm CSeries aircraft placed in April 2016 was probably the most significant commercial aircraft order ever won by Bombardier (BMB). Both Boeing (TBC) and Embraer (EMB) took notice; (TBC) and Embraer (EMB) have made the (DAL) order the cause celebre in 2 brewing international trade disputes over alleged CSeries subsidies (1 between the USA and Canada, and another between Brazil and Canada).

The US Commerce Department’s preliminary ruling announced September 26, which sets the stage for a staggering 219.3% duty to be placed on each CSeries delivery to the USA, certainly jeopardizes (BMB)’s ability to sell the CSeries to USA carriers. The US market is viewed by (BMB) as ripe for the CSeries. (BMB), for example, has been eyeing American Airlines (AAL)’s fleet of >120 Airbus A319s, for which it believes the CSeries would be an ideal replacement. But a nearly 220% duty would probably make future sales in the USA market unviable.

And what about the (DAL) order? Technically, the USA government would collect the stiff duty from (DAL), but there is no doubt (BMB) would pick up the tab. So is it worth it?

In a word, yes. (BMB) believes (DAL) operating the CSeries will be the tipping point that puts the aircraft in high demand all over the world.

(BMB) won breakthrough orders for the CSeries from (DAL) and Air Canada (ACN) (45 firm CS300s) last year, but has not announced any new orders since (despite CS100s and CS300s in service with Swiss International Air Lines (SWISS) (CSR) and Latvia’s airBaltic (BAU) performing quite well. (DAL)’s 1st CSeries delivery is scheduled for the spring of 2018.

USA passengers (and in turn the USA consumer media) are hoped to take notice of the aircraft’s comfort, Bombardier hopes. The growing buzz about the aircraft’s comfort combined with its cost performance in service in both North America and Europe are hoped to convince airlines in the US and globally that it is a must-have. At least, that is their theory, which largely hinges on (DAL) operating the CS100 out of major USA markets (with an assist from (ACN), which is expected to operate CS300s from USA cities to Canadian hubs to connect passengers to (ACN)’s Boeing 787 network).

Given this, (BMB) hopes to plow forward undaunted with CSeries deliveries to (DAL).

As for the duty actually going into place? It remains to be seen how this will play out now that the Commerce Department has raised the specter of a 219.3% duty. The CSeries is a globally manufactured aircraft. Its geared turbofan (GTF) engine, one of the aircraft’s big calling cards in terms of fuel efficiency and low noise levels, is made in the USA by Pratt & Whitney (PRW). Its wings are produced in Northern Ireland. So the duty won’t just be a penalty on (BMB) and Canada.

(PRW) parent United Technologies Corporation (UTC), based in Connecticut, employs >200,000 people and generates >$57 billion in annual revenue. A duty on the CSeries, particularly 1 that makes sales to USA airlines less likely, inevitably will hurt (UTC). Is the Trump administration prepared for collateral damage to USA companies and workers? And UK Prime Minister Theresa May has already expressed her disappointment with the potential CSeries duty given its implications on wing production in Northern Ireland. Does the Trump administration want a trade tiff with the UK as it tries to negotiate a post-Brexit trade deal with the UK?

[NOTE (2017-09-28): A reader pointed out that Pratt (PRW))'s final assembly line for the (PW1500G), the variant of the (GTF) powering the CSeries, is located in Mirabel, Quebec. But the (GTF) is undeniably a USA product, as are about half of the components on the CSeries. And many of the (PW1500G)'s parts are manufactured in the USA before being shipped to Mirabel for final assembly. The larger point is that any measure that diminishes CSeries sales prospects will inevitably hurt (PRW) and its parent (UTC), a major USA corporation, as well.]

October 2017: News Item A-1: The USA government’s duty on imported Bombardier (BMB) CSeries airliners would increase to almost 300% after a 2nd ruling issued by the USA Commerce Department on October 6th. In its 2nd ruling on Boeing (TBC)’s dispute against (BMB) over the sale of CSeries aircraft to Delta Air Lines (DAL), Commerce proposes imposing a price-dumping duty of almost 80% on each aircraft imported. This would be on top of the proposed almost 220% countervailing duty on CSeries imports that the Commerce Department announced initially.

News Item A-2: "Business Jet Sales Have Not Taken off with Soaring Corporate Profits" by Allison Lampert, "Reuters" October 11, 2017.

2 quarters of soaring USA corporate profits have not yet produced the "Trump bump" in orders for new business jets that some industry executives had been hoping for, analysts said as a major business aviation gathering opened on October 10.

A hefty supply of used aircraft has limited demand for new jets, forecasters said. Deliveries of new planes are seen staying flat until 2019 even though profits on the S&P 500 have grown at a double-digit rate over the last 2 quarters.

Record corporate profits are "a necessary condition for greater new business jet deliveries, but not sufficient," said Gaetan Handfield, Senior Manager, Market Research for the Aerospace division of parts supplier Honeywell International Inc (SGC).

While the supply of preowned corporate jets is declining, prices have not recovered, said Handfield, who expects annual growth of 3 to 4% in business jet sales between 2019 to 2027, in line with global Gross Domestic Profit (GDP) growth.

Handfield noted the growing importance of international markets. The USA now accounts for just 60% of new business jet deliveries, down from 75% in the early 1990s, he said.

Honeywell (SGC) forecast that business jet deliveries would pick up in 2019 after declining by about -30 aircraft this year.

Manufacturers had hoped business jet sales would take off with the election of USA President Donald Trump, a jet setting Republican billionaire who promised tax cuts for corporations. Instead, private planes have come under fire in some quarters as a sign of excess.

Tom Price, Trump's Health & Human Services Secretary, resigned after taking private flights, and General Electric Company is reportedly shutting its corporate jet fleet to cut costs.

The National Business Aviation Association's (NBAA) convention opened in Las Vegas under heightened security, with bag and identity checks required following the mass shooting this month.

Brad Nolen, VP Marketing Business Aircraft at Canada's Bombardier Inc said he has not seen a backlash over corporate jet use. He noted that the inventory of pre-owned business jets soared as high as 18% following the financial crisis. "If you saw almost 1 in 5 houses for sale it would not be a good time to be selling," he said. "So today it's more like 1 in 10 which is a much more natural, much more healthy number."

(BMB) is building 135 business jets this year, after scaling back in previous years, he said. The industry is seeing some uptick in orders, but that has not yet translated into a bump in deliveries. "We're seeing orders steadily rise, but not to the point where manufacturers have yet decided to increase production," Nolen said.

News Item A-3: "Airbus - Bombardier CSeries Shocker: 1st Thoughts" by Aaron Karp aaron.karp@penton.com in AirKarp October 17, 2017.

* Genuine surprise: I was at a reception on October 16 in Atlanta, Georgia, USA filled with aviation journalists from 18 countries here to see Delta Air Lines (DAL) publicly debut the Airbus A350, and shock wouldn’t be too strong a word to describe the reaction as the news broke. There has been speculation about Bombardier (BMB) seeking partners for the CSeries program for years, but no one saw this deal coming at this time. In an era when almost nothing stays secret, Airbus (EDS) and Bombardier (BMB) kept these talks off Twitter and behind closed doors.

* Bombardier (BMB) conceded it needs CSeries sales help: With Airbus (EDS) literally paying nothing to gain a majority stake in the CSeries, (BMB) is admitting that competing against Airbus and Boeing (TBC) in the global mainline airliner sales arena was too heavy a lift. After breakthrough CSeries orders in the 1st half of last year from Delta (DAL) and Air Canada (ACN), it was expected that CSeries sales would begin to quickly rack up. But sales stalled. Even with CS100s and CS300s performing well in service with Swiss International Air Lines (CSR) and Latvia’s airBaltic (BAU), airlines remained wary of putting their full faith in Bombardier (BMB) for a mainline aircraft. But now Airbus (EDS)’ formidable global sales clout will be brought to bear on behalf of the CSeries.

* Airbus (EDS) concedes it failed to adequately address the 100 to 150-seat market: (BMB) has been saying all along that Airbus (EDS) and Boeing (TBC) simply left a blind spot in the commercial aircraft market, focusing their attention on larger narrow bodies and ignoring the between-regional-jet and small-airliner segment. Airbus (EDS) is now admitting this and implicitly conceding the A319neo is inadequate for this market (the A319neo is not, by any means, where (EDS)’s time and energy in the neo program has been placed).

* Boeing (TBC) has to be experiencing major whiplash: Boeing thought it had won a quick victory over (BMB) with recent rulings by the USA Commerce Department that would have effectively kept the CSeries out of the USA market. Now Airbus/Bombardier will build the CSeries in Mobile, Alabama. How can you place 300% in duties on an aircraft built in Alabama, consisting of 50% USA-made components, being delivered to Atlanta or other USA cities? You probably can’t, either legally or politically, and so Boeing is left shaking its fist at “a questionable deal between 2 heavily state-subsidized competitors to skirt the recent findings of the USA government.”

* “Nice little airplane”: I keep thinking of Airbus (COO) Customers John Leahy touring the CSeries at the 2015 Paris Air Show and then, with a gleam in his eye, dismissively telling reporters that Bombardier (BMB) had a “nice little airplane.”

News Item A-4: Airbus (EDS) brings “credibility” to the Bombardier CSeries program that will translate into sales, (EDS) (COO) & President Commercial Aircraft Fabrice Brégier said. When the Airbus (EDS) - Bombardier (BMB) agreement (under which (EDS) will take a majority stake in the CSeries program) is finalized, Airbus (EDS) will have a new product offering that compliments the A320 family well, Brégier told reporters on October 19 in Toulouse on the side lines of the A330neo 1st flight.

News Item A-5: Korean Air (KAL) is confident it will receive its 1st Bombardier (BMB) CSeries aircraft by the end of this year or early 2018, after its timetable was affected by program delays. (KAL) was to have received its 1st CS300 this month, (KAL) President Walter Cho said at the Association of Asia Pacific Airlines annual assembly. However, deliveries have been delayed because of issues with Pratt & Whitney (PRW) (GTF) engines. Korean (KAL) was previously expecting to receive 4 CS300s.

November 2017: News Item A-1: The Bombardier (BMB) CSeries is “already largely a USA product” and contains more USA-produced content than the Boeing 787, (BMB) President & (CEO) Alain Bellemare said. Bellemare told analysts and reporters that Canada’s Bombardier (BMB) will continue to “vigorously defend ourselves” against Boeing (TBC)’s complaint that the CSeries is unfairly subsidized, which led the USA Commerce Department to propose 300% duties on CSeries aircraft imported to the USA.

News Item A-2: "Bombardier Predicts African Intra-regional Connectivity Will Triple Total Traffic Growth in the Next 20 Years"
by China Aviation Daily, November 12, 2017.

Bombardier Commercial Aircraft (BMB)'s new 20-year Market Forecast for the 60- to 150-seat segment predicts continuing growth in intra-regional flying in Africa dominated by large turboprops and small single-aisle jets.

Intra-regional traffic is forecast to grow +4.6% annually over the next 20 years. The 60 to 150-seat fleet will grow by +2.4 times in order to meet the growing traffic demand.

The majority of these aircraft will have dual-class cabins; currently, 90% of intra-regional seats are dual class. Passengers traveling on intercontinental wide body jets demand seamless services when connecting flights with a regional jet or turboprop.

The forecast notes that large turboprops have a significant share of capacity on short-haul routes, having increased from 3 aircraft in 1990 to >100 today.

"(BMB) has worked closely with African airlines for several decades assisting with fleet planning, route development, flight operations, and are uniquely positioned to meet the requirements of African airlines in the coming years," said Jean-Paul Boutibou, VP Sales, Middle East & Africa, Bombardier Commercial Aircraft. "We are proud of the CRJ Series and Q400 aircraft continued success in Africa, their outstanding economics and performance is well-recognized in the region, and we are confident that operators in the region will also benefit from the outstanding performance and capabilities of our C Series jetliners."

Like other airlines around the world, African carriers will look to replace their retired fleets with modern aircraft with better fuel efficiency, softer environmental footprint, greater reliability, and improved passenger comfort and amenities.

Declining yields will drive African airlines to switch their focus from cost per seat to profitability per passenger by investing in right-sized aircraft based on market demands.

Africa is expected to take delivery of 550 of these aircraft between 2017 and 2036 for a 4% share of the world market for 12,550 aircraft valued at US$820 billion. The deliveries to Africa are expected to comprise 300 large regional aircraft (60 to 100 seats) and 250 small single-aisle aircraft (100 to 150 seats).

Fleet:
(definitions)

Click below for photos:
BMB-CHALLENGER 350 - 2013-05
BMB-CHALLENGER 850 - 2011-11
BMB-CRJ-200ER - 2012-01
BMB-CRJ200 - 2012-01
BMB-CRJ200 SF - 2013-03
BMB-CRJ705 - JAZZ-2014-07.jpg
BMB-CRJ900 - 2016-02.jpg
BMB-CRJ900 - 2016-06.jpg
BMB-CRJ900 - DELTA 2012-12
BMB-CRJ900 NEXTGEN-2014-05
BMB-CS100 - 2012-03
BMB-CS100 - 2013-10
BMB-CS100 - 2014-11-AD
BMB-CS100 - 2016-04.jpg
BMB-CS100 CS300 - 2016-07.jpg
BMB-CS300 - 2012-08
BMB-CS300 - 2012-12
BMB-CS300 - 2015-02
BMB-CS300 - 2017-10.jpg
BMB-CS300 - IRAQI AIRWAYS - 2013-12
BMB-CSERIES - 2013-08
BMB-CSERIES 100 - FJO 2015-03.jpg
BMB-CSERIES AD - 2012-02
BMB-DHC-8-Q400 - 2012-03
BMB-DHC-8-Q400 - 2013-06
BMB-DHC-8-Q400 NEXTGEN - 2012-02
BMB-DHC-8-Q400NJG - 2013-11
BMB-EXEC-2009
BMB-GLOBAL 5000 - 2013-05
BMB-GLOBAL 6000 - 2012-09
BMB-GLOBAL 6000 - 2013-05
BMB-GLOBAL 6000 JET - 2012-11
BMB-LEARJET 60XR - 2012-03
BMB-NETJETS BIZJETS - 2012-06
BMB-Q400 - 2013-08
BMB-Q400 - 2017-09.jpg

November 2017:

BOMBARDIER (BMB) IS THE 3RD-LARGEST AIRPLANE MANUFACTURER IN THE WORLD.

COMMERCIAL JETS:

BOMBARDIER CRJ100/CRJ200, 50 PAX:

Additional, preliminary features for the CRJ100/CRJ200 SF include:

* Up to 6.7 tonne payload
* Total cabin volume of 1,864 cu. ft. (52.8 cu. m)
* 10,000 lb. (4 536 kg) payload can be flown 1,735 nm
* 15,000 lb. (6 804 kg) payload can be flown 800 nm
* Dual vent door system
* Rigid 9G barrier
* Main deck converted to Class “E” Cargo Compartment
* Cabin windows replaced with lightweight aluminum window plugs

BOMBARDIER CRJ700/CRJ900/CRJ1000, 70 - 100 PAX: (As of March 31, Bombardier (BMB) has recorded firm orders for 1,817 CRJ Series airplanes, including 343 CRJ900 and CRJ900 NextGen airplanes. More than >60 airlines currently operate the type).

18/18 ORDERS (2012-10) BOMBARDIER CRJ1000 FOR GARUDA INDONESIA (GIA), 12 NORDIC AVIATION CAPITAL LSD. TWO CLASS, 100 PAX:


BOMBARDIER CSERIES, CS100 100 - 149 PAX ENTRY INTO SERVICE (EIS) (2013-11):

BOMBARDIER CS300 - (EIS) (2013-06):

TURBOPROPS:

DHC DASH 8/BOMBARDIER Q SERIES:


BUSINESS JETS:

BOMBARDIER LEARJET 40 SR/45 XR/60 XR/85:

BOMBARDIER CHALLENGER 350/605/850:


IN 2010, BOMBARDIER LAUNCHED A FAMILY OF LONG-RANGE BUSINESS JETS:

BOMBARDIER GLOBAL 5000:

BOMBARDIER GLOBAL 6000:

BOMBARDIER GLOBAL EXPRESS XRS:

BOMBARDIER GLOBAL 7000 (EIS 2016)/8000 (EIS 2017):

Management:
(definitions)

Click below for photos:
BMB-1-ALAINE BELLEMARE - 2015-02.jpg
BMB-2-Fred Cromer - 2015-06.jpg
BMB-2-MIKE ARCAMONE - 2013-11
BMB-2-MIKE ARCAMONE.jpg
BMB-3-ERIC MARTEL.jpg
BMB-3-HENRI COURPRON-2010-11.jpg
BMB-3-Nico Bucholz - 2015-09.jpg
BMB-4-JEAN SEGUIN.jpg
BMB-5-PIERRE ALARY.jpg
BMB-6-BOB HORNER ON RIGHT - 2013-06
BMB-7-FRANCOIS CAZA.jpg
BMB-8-GARY MARTIN - 2013-10
BMB-9-BENJAMIN BOEHM-2013-02
BMB-9-MICHEL OUELLETTE.jpg
BMB-9-Ross Mitchell - Ryan DeBrusk.jpg

ALAIN BELLEMARE, PRESIDENT & CHIEF EXECUTIVE OFFICER (CEO) BOMBARDIER INC (2015-02).

Alain Bellemare was appointed President & Chief Executive Officer (CEO), Bombardier Inc on February 13, 2015. He is also a member of the Corporation’s Board of Directors.

Prior to his appointment, Alain was President & (CEO) of (UTC) Propulsion & Aerospace Systems from July 2012 to January 2015. In this role, he had leadership responsibility for Pratt & Whitney (PRW) & (UTC) Aerospace Systems. He led the successful acquisition and integration of Goodrich (BFG), which was combined with Hamilton Sundstrand to form (UTC) Aerospace Systems. His responsibilities also included some of the largest programs in (UTC)’s history, among them the integrated aerospace systems for the Boeing 787, Pratt & Whitney (PRW)'s Geared TurboFan Engine and the F135 engine for the Joint Strike Fighter.

Alain Bellemare began his career with (UTC) at Pratt & Whitney Canada (PWC) in 1996 as VP Manufacturing. He held leadership roles of increasing responsibility at (UTC), including President of Pratt & Whitney Canada (PWC) (2002), President of Hamilton Sundstrand (2009), and Chief Operating Officer (COO) of (UTC) Propulsion & Aerospace Systems (2011). In these roles, he had global operating business development and strategic planning responsibility for these large aerospace business units.

Before joining Pratt & Whitney Canada (PWC), Alain spent >12 years in a variety of Engineering & Manufacturing positions with Kraft Canada and Crown Cork & Seal Canada.

He earned an (MBA) from McGill University in 1993 and a bachelor's degree in Mechanical Engineering from the University of Sherbrooke in 1985. He specialized in Aeronautical Engineering at École Nationale Supérieure d’Ingénieurs en Construction Aéronautique (ENSICA) in Toulouse, France.

In 2007, Alain Bellemare received the prestigious "Flight" magazine Publisher's Award in recognition of his leadership in propelling Pratt & Whitney Canada (PWC) to a position of great strength around the world, and for his contribution to aerospace. In 2006, he received the McGill Management Achievement Award for his community involvement and contributions to the Canadian economy. In 2001, he was honored as Nouveau Performant in recognition for his excellence in management. He also joined the ranks of Canada's Top 40 Under 40™ in recognition of his achievements, vision and leadership.

Alain is a member of the Faculty Advisory Board of McGill University’s Desautels Faculty of Management. He also serves on the Board of the Smithsonian National Air & Space Museum.

FRED CROMER, PRESIDENT BOMBARDIER COMMERCIAL AIRCRAFT (2015-04).
Bellemare called Cromer “an amazing addition to our team. Throughout his impressive career, he has led businesses with enterprise values of $500 million to >$30 billion and developed an unparalleled network of contacts in the airline industry. Most recently, as President of International Lease Finance Corporation (ILFC) (ILF), Fred expanded international operations to support key growth regions. His strong leadership skills, international network and deep understanding of the aviation industry are a perfect match for Bombardier Commercial Aircraft, as we are preparing to realize the true market potential of our new CSeries aircraft, while refocusing on our Q400 and CRJ programs,” Bellemare said.

ERIC MARTEL, PRESIDENT BOMBARDIER BUSINESS AIRCRAFT.

Eric Martel is a seasoned senior executive whose passion for aviation has been key to achieving outstanding results for the organization.

Eric joined Bombardier (BMB) in 2002 as VP Operations North America for Bombardier Transportation. In 2005, he transferred to Bombardier Aerospace as VP Challenger Programs & Dorval Plant. In the following years, Eric has held a number of senior management roles at Bombardier Business Aircraft, including VP & General Manager of the Challenger and Global Product Lines.

Over this period, significant improvements in product quality and on-time delivery were achieved, which allowed the Global Completion Center to become profitable.

In 2008, he was appointed VP Quality, achieving excellent System & Transformation, which led to evolving a solid quality culture across the organization. 2 years later, he was promoted to Senior VP Bombardier Commercial Aircraft, where he was responsible for the Turboprops and CRJ programs.

In 2011, Eric was promoted to President, Bombardier Customer Services including Specialized & Amphibious Aircraft. Under his leadership, the Customer Services team has expanded its international services footprint, with the opening of new Regional Support Offices in Singapore, São Paulo, Sydney, Shanghai, Moscow, and Johannesburg.

Eric’s approach to customer services has generated significant and sustained revenue growth, and improved the Company’s rankings in customer surveys.

Eric was appointed President of Bombardier Business Aircraft in January 2014. He is now responsible for Learjet, Challenger and Global product lines, which represent a total of 11,000 employees worldwide.

Before joining Bombardier (BMB), Eric worked for a number of high profile international organizations in aerospace manufacturing such as Pratt & Whitney (PRW) and Rolls Royce (RRC), as well as for Procter & Gamble, and Kraft Foods.

Eric holds a Bachelor’s Degree in Electrical Engineering (1991) from Laval University in Québec City, Canada. He is currently based in the Montréal area – where he resides with his wife and 3 children.

JEAN SEGUIN, PRESIDENT BOMBARDIER AEROSTRUCTURES & ENGINEERING SERVICES (2014-08).

Jean Séguin, President, Bombardier Aerostructures & Engineering Services, was born in Montréal in 1959.

In 1981, Jean received a B Sc in Mechanical Engineering from the Université de Montréal, École Polytechnique. In 1992, he gained a (MBA), specializing in International Business, from McGill University.

Jean joined Bombardier Canadair in 1981, initially as a Composites Material Engineer. He held various positions in Research & Development (1987), as Assistant VP & General Manager, Surveillance Division, Canadair (1988). He then held several Project and Program Management positions on the CL-289 surveillance system, the CRJ200 regional jet and the Challenger 604 business aircraft.

In February 2000, he was promoted VP Operations, Saint-Laurent Plant. In 2003, he was appointed VP Industrialization and in February 2004, he was promoted to VP Operations, Bombardier Aerospace. With the reorganization into business units in April 2004, Jean was appointed VP Engineering & Supply Chain. In November 2010, he was appointed VP Quality, Achieving Excellence System, Engineering & Manufacturing.

Jean is based in Montréal and reports directly to the President & (CEO).

JOHN DI BERT, SENIOR VP & CHIEF FINANCIAL OFFICER (CFO) (2015-08).

NICO BUSCHOLZ, SENIOR VP & CHIEF PROCUREMENT OFFICER, EX-(DLH) & (RRC) 2015-09.
Nico was the Lufthansa Group’s Executive VP Fleet Management. He reports directly to Bombardier (BMB) President & (CEO), Alain Bellemare. He will lead of all of (BMB)’s supply chain activities and “closely manage relations with suppliers across the global value chain.”

He managed Lufthansa (DLH)’s diverse fleet of around 700 airplanes, which includes a range of Boeing (TBC), Airbus (EDS), Embraer (EMB) and Bombardier (BMB) aircraft, and was instrumental in Lufthansa Group subsidiary, Swiss International Air Lines (CSR) becoming the launch customer for the Bombardier (BMB) CSeries, which is slated to enter service with Swiss (CSR) next year.

“Nico is the perfect fit for the (CPO) role given his unique talent for strategic planning,and execution, as well as his deep understanding of aerospace and the industrial sector,” Alaine Bellemare said. “His impressive track record as the Lufthansa Group’s Fleet Manager shows that Nico has both the forward-looking vision and the operational and practical know-how that Bombardier (BMB) needs to increase its competitiveness.”

Nico had been with Lufthansa (DLH) for 14 years and during his career has also worked for Rolls-Royce (RRC).

COLIN BOLE, SENIOR VP SALES & ASSET MANAGEMENT, BOMBARDIER COMMERCIAL AIRCRAFT (2015-05).

RAY JONES, SENIOR VP SALES, MARKETING & ASSET MANAGEMENT, (BMB) COMMERCIAL AIRCRAFT.

BOB HORNER, SENIOR VP SALES, BOMBARDIER BUSINESS AIRCRAFT.

DAN BRENNAN, SENIOR VP HUMAN RESOURCES (HR) (2017-02).
Dan currently serves as Group Human Resource & Talent Development Director at (CRH), a leading global materials group, headquartered in Dublin, Ireland.

FRANCOIS CAZA, VP PRODUCT DEVELOPMENT & CHIEF ENGINEER.

François Caza graduated from McGill University in 1984 in Aeronautical Engineering. He joined Bombardier Aerospace (BMB) that same year where he started his career as Manager, Structures and was later promoted to Director, Technical Engineering. In 2004, his leadership and technical expertise led him to be appointed to the position of VP & Chief Engineer.

In September 2014, François Caza was appointed VP Product Development & Chief Engineer of the new Product Development Engineering, Aerospace group within Bombardier (BMB)’s new organizational structure. He leads and oversees Core Engineering, the Integrated Product Development Teams, the Bombardier Flight Test Center, Product Integrity & Airworthiness, as well as Strategic Technology & Advanced Product Development. His group also works in partnership with the business segments to bring Bombardier (BMB)’s 3 new aircraft programs (CSeries, Global 7000/Global 8000 and Learjet 85) to entry-into-service (EIS).

In his various roles, he participated in the product development of the CRJ family of commercial aircraft (CRJ100, CRJ200, CRJ700, CRJ900 and CRJ1000), the Global Express business jet, and the Challenger 300 business aircraft.

François Caza is a Member of l’Ordre des Ingénieurs du Québec and, since November 2002, has acted as Chairman of the Concordia Institute for Aerospace Design & Innovation. Also, he was an executive member of the Consortium for Research & Innovation in Aerospace in Québec (CRIAQ) from May 2006 to September 2014. Francois also joined the Review of Aerospace and Space Programs and Policies in February 2012, where he is the Vice Chair of the working group on Technology Development, Demonstration & Commercialization.

ROB DEWAR, VP & GENERAL MANAGER CSERIES AIRCRAFT PROGRAM HEAD.

GARY MARTIN, VP SALES, MARKETING & SERVICE PROGRAMS, EX-(AAL)/(AMW)/(EAL)/(SGC) (2010-06).
Gary Martin was appointed VP Sales, Marketing, & Service Programs for Bombardier Customer Services in June 2010. In this role, Gary Martin is responsible for all aftermarket sales, marketing, and communications activities for both Bombardier Commercial Airplanes and Bombardier Business Airplane programs. In addition, he is responsible for driving development of new and enhanced cost-per-hour service programs as well as other innovative aftermarket services.

With 25 years in the aerospace industry, Gary Martin brings a wealth of experience to his role. Before joining Bombardier (BMB), Gary Martin worked for Honeywell (SGC), where he held leadership positions in Operations, Customer & Product Support, and the Air Transport & Regional Business. Prior to that, he served as the Senior Director Base Maintenance and Senior Director Engineering & Maintenance Support at America West Airlines (AMW) in Phoenix. He also held engineering and fleet management roles at American Airlines (AAL) in Tulsa, Oklahoma and Eastern Airlines (EAL) in Miami, Florida.

Born in Fort Lauderdale, Florida, Gary holds a bachelor’s degree in Aerospace Engineering from Georgia Tech, an (MBA) from the W P Carey School of Business at Arizona State University, and is a Project Management Professional (PMP) certified, and is a licensed (FAA) Airframe and Powerplant mechanic (MT).

BRAD NOLEN, VP MARKETING BUSINESS AIRCRAFT.

BENJAMIN BOEHM, VP STRATEGY.

JIM VOUNASSIS, VP OPERATIONS STRATEGY (2015-06).
Jim is formerly from Kraft Canada and Pratt & Whitney (PRW) as VP Strategic Sourcing. He will be based in Montreal.

MICHEL OUELLETTE, VP AIRCRAFT PROGRAMS & CUSTOMER SERVICES, BOMBARDIER BUSINESS AIRCRAFT.

Michel Ouellette was most recently named VP Aircraft Programs & Customer Services for Bombardier Business Aircraft, where he is responsible for Business Aircraft Customer Services and all aircraft programs currently in production.

He is a dynamic senior executive with extensive aerospace experience, who is focused on operational excellence, the highest levels of customer satisfaction, and on the foundation of all businesses: people.

Michel started his career at Bombardier Aerospace in 1990 as a mechanical engineer in the Experimental Engineering department. In 1997, he assumed management of the wind tunnel experimental group and subsequently occupied different management positions in Core Engineering and with the Commercial Aircraft business unit.

In 2004, he joined the Challenger aircraft team and held the roles of Director, Engineering and Director, Paint Shop & Wiring Fabrication. In 2006, he was appointed General Manager of the Challenger 300 aircraft program. In this role, he managed operations, including the final assembly and interior completion lines, as well as deliveries of Challenger 300 aircraft.

In 2009, Michel was promoted to VP & General Manager, Challenger aircraft programs, and he assumed overall responsibility for all Challenger aircraft programs. During his time in this role, he was instrumental in implementing various lean manufacturing projects that led to significant efficiency gains and customer satisfaction while driving employee engagement to new heights.

In April 2013, Michel served as VP & General Manager, Global Aircraft Programs. He was responsible for the flagship Global 5000 and Global 6000 aircraft programs, the entire life cycle of Global aircraft, and assembly sites in Toronto and Montréal.

In January 2014, Michel led the Customer Services & Specialized and Amphibious Aircraft division. He was responsible for the overall customer service network for both business and commercial aircraft, including Parts Services, Customer Services & Support for Business & Commercial Aircraft, Aircraft Service Centers, Aircraft Training, Sales, Marketing & Service Programs, as well as specialized and amphibious aircraft.

A native of Montréal, Québec, Canada, Michel holds a Bachelor's degree in Mechanical Engineering from McGill University (1990), in Montréal. Michel enjoys family time with his wife and 3 daughters.

ALEX GLOCK, REGIONAL VP SALES LATIN AMERICA & THE CARIBBEAN.

KEVIN SMITH, VP REGIONAL AIRCRAFT, BOMBARDIER COMMERCIAL AIRCRAFT.

ANDY SOLEM, VP SALES, CHINA & NORTH ASIA, BOMBARDIER COMMERCIAL AIRCRAFT.

JEAN-PAUL BOUTIBOU, VP SALES MIDDLE EAST & AFRICA, BOMBARDIER COMMERCIAL AIRCRAFT.

ROSS MITCHELL, VP BUSINESS ACQUISITIONS.

RYAN DEBRUSK, VP COMMERCIAL AIRCRAFT SALES.

STEPHANE VILLENEUVE, VP SPECIALIZED AIRCRAFT.

MS ISABELLE RONDEAU, DIRECTOR COMMUNICATIONS, BOMBARDIER INC.

MARK GILBERT, DIRECTOR BUSINESS DEVELOPMENT & SALES RUSSIA & THE (CIS).

IAN LUDLOW, GENERAL MANAGER AMSTERDAM SERVICE CENTER (2013-04).

SIMON ROBERTS, GENERAL MANAGER TURBOPROPS.

 
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