Ernest S. Arvai
AirInsight is expanding, and has introduced a new business unit, AirInsightResearch. AIR is a premium aerospace & defense boutique analysis and consulting group. Our team’s innovative strategies and market intelligence have provided substantial strategic advantage for our clients for well over a decade.
We invite you to visit our site at www.airinsightresearch.com for further details.
AIR produces an analytical newsletter, an example of which may be found here.http://airinsightresearch.com/market-intelligence-research/analyst-notes/air-review/ We invite you to download the latest issue of AIR Review.
Michel Merluzeau has joined AirInsightResearch and will be bringing his strong expertise in market research and competitive intelligence to the new business unit as Director – Aerospace Market Analysis.
Michel was formerly Vice President – Aerospace Business Development for Frost and Sullivan, and Vice President, Market Analysis for G2 Solutions. Michel is a graduate of the Université de Provence, and is a member of several… Continue reading
Boeing confirmed that the announced production cut in the 777 line from 8.3 per month to five per month will begin in August, 2017, and then drop to 3.5 per month in 2018. The company had earlier announced a production cut from 8.3 per month to 7 per month beginning in January, 2017. This reduction of 68% from current levels by 2018 reflects a lack of new orders for the aircraft, which is scheduled to be replaced by the upgraded 777-X series, with first deliveries scheduled for 2020.
The problem for Boeing is that the 777-300ER is one of Boeing’s cash cows and it’s most profitable aircraft, typically selling at about $160 million, with development costs long amortized. But with the aircraft not selling, Boeing cannot afford to produce “white tail” speculative aircraft waiting for a customer that may never appear. Continue reading
Bombardier’s CS300, the larger of the two CSeries variants, successfully entered revenue service with airBaltic earlier today. The first flight was from Riga to Amsterdam, and carried 120 passengers. AirBaltic has configured its aircraft in a 145 seat two-class configuration.
Martin Gauss, airBaltic’s CEO, said that “airBaltic has been counting down the days to this landmark moment. During its maiden commercial flight today, the CS300 aircraft performed beyond our expectations and offered a new level of travel experience for our customers.”
airBaltic, founded in 1995 connects the Baltic region with 60 destinations in Europe, the CIS and middle east. The company currently operates 25 aircraft – 12 Boeing 737s, 12 Q400s and now 1 CS300, with another 19 on order.
Since entering revenue service with Swiss, the smaller CS100 has completed more than 1,600 flights, carrying more than 156,500 passengers, and covering 1,181,500 km while… Continue reading