Bombardier announced the delivery of the first CS300 aircraft to launch operator airBaltic, the flag carrier of Latvia. The CS300 is the larger variant of Bombardier’s all new C Series aircraft, which is designed to carry between 130 and 150 passengers. The handover to airBaltic comes just five months after the successful entry into service of the CS100 variant of the C Series.
“We are thrilled to be taking home the first CS300 aircraft – the newest member of the most innovative and technologically advanced family of airliners in the world,” said Martin Gauss, Chief Executive Officer, airBaltic. “With its longer range capabilities, lower fuel burn and reduced noise emissions compared to other airliners in its segment, the CS300 aircraft will enable airBaltic to open new routes and connect people all across Europe, while offering passengers an unparalleled in-flight experience.
“We congratulate airBaltic, the first airline in the world to… Continue reading
In March, United Airlines announced it had done a deal with Boeing for 25 more 737-700s after its January deal for 40. This deal was hotly contested by Bombardier for its CSeries. The Boeing selection was a blow to Bombardier, but also seen as Boeing playing a weak hand . United had both OEMs on the run.
Now United has decided to defer 61 737s, and it is going to save $1.6Bn in capex. United further noted it will convert these 737-700s into four -800s and MAX9s. The 61 deferrals at $1.6Bn equates to $26m per aircraft. This was the general understanding of the price level Bombardier was facing off against when trying to sell United the CS300. We understand the airline operations people preferred the CS300 to the 737-700, but the financial people were looking at the killer Boeing offering. Finance won.… Continue reading
Boeing Business Jets unveiled its BBJ MAX7 as the newest addition to its BBJ fleet. The BBJ MAX7 will have a range of up to 7,000NM. This should allow connecting key city pairs between Asia, the Middle East and the United States. The BBJ MAX7 is longer than the 737NG-based BBJ. Because of its more fuel-efficient LEAP-1B engines, the BBJ MAX7 will have reduced fuel burn and requires less cargo volume for auxiliary fuel tanks.
Boeing says the BBJ MAX 7 inherits the features of the BBJ MAX 8 and BBJ MAX 9, such an updated flight deck, improved aerodynamics, reduced noise profile, and fly-by-wire spoilers. Despite being larger and more capable than the current BBJ, the new MAX7 should have the lowest operating costs of any BBJ. Boeing says it has seen strong interest in the BBJ MAX 7.
The table lists the total 737-based… Continue reading
How is this segment of the market doing? When oil prices spiked, the 50-seater regional jets become uneconomic. Since then, fuel prices dropped dramatically. Has the market come back for these aircraft? Continue reading