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JetBlue Places Order For 60 Airbus A220’s

NEW YORK (Reuters) – Airbus SE scored a key victory on Tuesday, with U.S. airline JetBlue announcing it would buy 60 of its A220-300 narrowbody jets, the first major order for the planemaker’s newly rebranded programme as its battle with rival Boeing Co intensifies.

Earlier on Tuesday, Airbus unveiled the new A220 name for the 110-seat to 130-seat model jets, previously called the CSeries under Canadian firm Bombardier, at a ceremony at the planemaker’s Toulouse facilities in France.

Airbus has taken majority control of the loss-making Montreal-based aircraft programme, with Bombardier and Quebec as minority partners. The deal closed on July 1.

“We feel the 220 is the perfect fit for our network, strategy and customer experience, and most importantly, for our owners,” JetBlue Chief Financial Officer Steve Priest said in a phone interview. “It really is the ideal aircraft to carry the momentum of our structured cost programme well into the next decade.”

The A220 will replace JetBlue’s existing fleet of 60 Embraer E190 aircraft, with those jets retiring beginning in 2020.

The A220’s triumph over Brazil’s Embraer SA sets the stage for a fierce competition between Airbus and Chicago-based Boeing Co in the narrowbody market. Both major planemakers have recently taken stakes in smaller rivals’ jet programs.

Boeing last week announced a tentative deal for a controlling stake in the commercial aircraft arm of Embraer under a new $4.75 billion (£3.57 billion) joint venture.

“It’s a very smart decision on JetBlue’s part because the A220 is an extremely flexible airplane,” Atmosphere Research Group fleet analyst Henry Harteveldt said, adding that it was a “completely new airplane” with a fuel efficiency that would allow JetBlue to carry “20 to 30 more passengers for free.”

The jets will be powered by Pratt & Whitney Geared Turbofan (GTF) PW1500G engines. Pratt & Whitney is owned by Connecticut-based United Technologies Corp.

JetBlue declined to outline the financial details of the deal.

The carrier said the new aircraft will be assembled at Airbus’ Mobile, Alabama, facility.

(Reporting by Alana Wise in New York and Tim Hepher in Toulouse, France; Additional reporting by Tracy Rucinski in Chicago, Editing by Rosalba O’Brien)

Photo from:

https://www.airbus.com/

Airbus Renames CSeries Jet As A220

* Sees demand for at least 3,000 of the planes over 20 years

* Says move will be positive for jobs in Quebec

* Broadens its battle with Boeing to small passenger jets (Adds potential order, background)

TOULOUSE, France, July 10 (Reuters) – Airbus gave its newly acquired Canadian CSeries jet a new name and looked close to winning an inaugural order on Tuesday as it prepares to broaden its battle with Boeing for jet sales.

The European firm said it was rebranding the plane as the A220, slotting it just under its longstanding A300 portfolio which stretches from the 124-seat A319 to the 544-seat A380.

Airbus expects to sell a “double-digit” number of the jets that have 110-130 seats this year and sees demand for at least 3,000 of them over 20 years, said CSeries sales chief David Dufrenois.

“I don’t think it will be very long before we see the first results on the market,” said Airbus Chief Commercial Officer Eric Schulz.

The CSeries has been locked in a fierce competition for a deal to supply jets to U.S. carrier JetBlue and is in poll position to win as Airbus also offers more attractive delivery positions on its larger planes, industry sources said.

Airbus and JetBlue declined comment.

The rebranding seals the takeover of one of Canada’s most visible industrial projects and ends Bombardier’s efforts to go it alone in the mainline jet market against larger rivals.

Airbus officials stressed it would be positive for jobs in Quebec where the lightweight jet is built.

The 110-seat and 130-seat models, previously known as CS100 and CS300, will be known as A220-100 and A220-300 respectively.

A deal for Airbus to take majority control of the loss-making Montreal-based aircraft programme with Bombardier and Quebec as minority partners closed on July 1.

The move also sets the stage for a broader confrontation with Boeing, which last week announced a tentative deal to take over the commercial unit of Bombardier’s competitor Embraer.

Until now the two plane giants have focused mainly on planes starting at 150 seats and largely ignored the niche below their single-aisle jets.

Adding the smaller models to their portfolios will broaden the revenue base of each company and prevent a key slice of Western know-how reaching potential competitor China, which had held talks to buy the CSeries, people involved in the deal said.

The change of identity came in a slick branding ceremony as the Canadian-developed passenger jet performed a flypast in searing heat over Airbus’s Toulouse facilities, with executives papering over past differences over prospects for the jet.

Airbus said it expected total demand for 7,000 planes in its category over 20 years, including its own A319.

(Reporting by Tim Hepher Editing by Sudip Kar-Gupta and Edmund Blair)

Embraer Delivers 25 Jets in 1Q18

SAO JOSE DOS CAMPOS, BrazilApril 16, 2018 /PRNewswire/ — During the first quarter of 2018 (1Q18), Embraer (NYSE: ERJ; BM&FBOVESPA: EMBR3) delivered 14 jets to the commercial aviation market across the U.S., Europe and Asia Pacific. In the business aviation market, 11 aircraft were delivered in the same period, being eight light jets and three large jets.

See the details below:

Deliveries by Segment

1Q18

Commercial Aviation

14

EMBRAER 175 (E175)

11

EMBRAER 190 (E190)

3

Executive Aviation

11

Phenom 100

3

Phenom 300

5

Light Jets

8

Legacy 450

2

Legacy 500

1

Large Jets

3

TOTAL

25

With respect to the Company’s consolidated firm order backlog value in USD, Embraer will be releasing the value of its consolidated 1Q18 backlog together with the 1Q18 earnings results on April 27, 2018, as it is now part of the Financial Statements according to the new IFRS 15 requirements.

The quarter’s main highlight was the triple certification for the E190-E2, the first member of the E-Jets E2 family of commercial aircraft, from the Brazilian Civil Aviation Agency (Agência Nacional de Aviação Civil – ANAC), the FAA (Federal Aviation Administration) and EASA (European Aviation Safety Agency). It is the first time that an aircraft program with the level of complexity of the E2 receives a type certificate from three major worldwide certification authorities simultaneously. Before the certification, Embraer announced some final flight tests results confirming the E2 as the most efficient single-aisle aircraft on the market. In fuel consumption, the E190-E2 proved to be 1.3% better than originally expected, a 17.3% improvement compared to the current- generation E190.

The E190-E2 also becomes the most environmentally friendly aircraft in its class, with the lowest levels of external noise and emissions. Flight test results also confirmed the E190-E2 to be better than its original specification in takeoff performance. The aircraft’s range from airports with hot-and-high conditions, such as Denver and Mexico City, increases by 600 nm compared to current-generation aircraft. Its range from airports with short runways, such as London City, also increases by more than 1,000 nm allowing the aircraft to reach destinations like Moscow and cities in the north of Africa.

The E190-E2 will also have the longest maintenance intervals among single-aisle aircraft with 10,000 flight hours for basic checks and no calendar limit for typical utilization. This means an additional 15 days of aircraft utilization over ten years compared to current generation E-Jets. Another key gain is with pilot transition training time. Pilots of current-generation E-Jets will need only 2.5 days of training and no full flight simulator to be qualified to fly an E2.

Embraer Defense & Security announced, at the Singapore Airshow, the signing of a Letter of Intent with aviation services company SkyTech for up to six new KC-390 multi-mission transport aircraft. The aircraft are earmarked for multiple defense projects and both companies have also agreed on a potential strategic collaboration to jointly explore new business opportunities in training and services.

During 1Q18, Embraer delivered the first new Phenom 300E business jet after receiving certification from the U.S. Federal Aviation Administration (FAA), the European Aviation Safety Agency (EASA), and the Brazilian Civil Aviation Agency (ANAC – Agência Nacional de Aviação Civil). The new light jet model was launched—and debuted—at the 2017 National Business Aviation Association’s Business Aviation Conference and Exhibition (NBAA-BACE), in October 2017.

The fate of the Boeing 767

Last fall, Boeing (NYSE: BA) seemed to be seriously considering restarting production of the 767-300ER medium-range widebody. While the 767’s technology is nearly half a century old, it’s a proven model with low production costs and no direct competition.

U.S. airline giant United Continental (NYSE: UAL) was interested in placing a large order, according to The Wall Street Journal and other sources. However, a prominent Boeing executive recently slammed the door on the prospect of building more 767 passenger jets. This may indicate growing confidence that Boeing will be able to launch a new “middle-of-the-market” 797 jet later this year.

Click the link below for the full story!

The fate of the Boeing 767

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