Bombardier Adds Seats to Cseries to Target Airbus, Boeing
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ISSN 1718-7966 MARCH 11, 2013 / VOL. 379 WEEKLY AVIATION HEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com WORLD NEWS Lagardere to exit EADS Lagardère, the French conglom- erate, announced it would sell its 7.4% stake in EADS by July. The The first news came after the group re- completed Bombardier leased its full-year results, which CSeries saw a 14% drop in ebit to €358m. aircraft is Lagardère boss Arnaud Lagardère unveiled, in will quit his post as EADS chair in the lead-up March, to be replaced by Denis to the first test flight in Ranque, former head of defense June electronics group Thales. The sale is part of a plan to reduce direct and Bombardier indirect control over EADS of the French and German goverments. Bombardier adds seats to CSeries to target Airbus, Boeing LATAM picks oneworld LATAM, the newly-merged Latin First completed aircraft unveiled as pressure mounts on order book American carrier, chose oneworld Bombardier, the Montreal-based spot of the (Airbus) A320neo and Boeing’s 737 MAX have posted as its global airline alliance. Chile’s airframer, stepped up pressure on the (Boeing) 737 Max’, the new- combined orders of 3000. LAN was already a member of one- Airbus and Boeing as it unveiled engine variants presently under world, while merger partner TAM The aircraft’s first flight is sched- its first completed CSeries aircraft development and scheduled for uled for the end of June, six of Brazil had been a member of with the announcement that it delivery from 2016. Star Alliance. TAM will join in early months later than planned. would increase the number Airline customers have been 2014 while another unit, LAN Co- of seats to 160. lumbia (previously Aires, acquired A 160-seater CS300 is “right in wary of ordering untried by LAN in 2011) will join at the The CS300 version of the the sweet spot of the A320neo aircraft, a decision made all end of this year to bring the entire CSeries, the first all-new and the 737 Max... What they the more relevant in view group under the oneworld banner. narrowbody jetliner to take did today was fire a shot across of the problems dogging to the skies since 1987, will Airbus and Boeing’s all-new Korean bid for Czech Air offer an extra-capacity ver- the bow of the bigger guys.” widebody aircraft. Korean Air Lines was the sole bid- sion in a move designed Addison Schonland, AirInsight der for a 44% stake in Czech Air- Airbus A380 ‘superjumbo’ to win order from budget and Boeing’s all-composite lines, following a decision taken carriers. It will compete directly “What they did today was fire a late last year by the Czech gov- shot across the bow of the big- 787 Dreamliner were both three with Airbus’ A319 and the Boe- years overdue. Both have been ernment to privatise the loss-mak- ing 737-800, which are popular ger guys,” added Schonland. ing state carrier by mid-May at the troubled by early in-service issues, among low-cost airlines. latest. The move is Korean’s first The first CSeries jet, the smaller with the 787 now grounded for attempt to invest in another com- The move to 160 seats from the CS100, is due for delivery to its nearly two months because of mercial airline. original plan for a maximum of first customers by the middle of fires in the lithium batteries on 145 was met with approval from 2014, while the larger CS300 some planes. will follow by the end of 2014. Vueling says no to IAG customers and analysts alike. Air Any upswing in orders for the Vueling, the Spanish budget air- Baltic, which has 10 CS300s on Observers remained cautious CSeries in the 160-seat version line, rejected IAG’s €7m per share order, said it would change some about the impact of the CSeries, will almost certainly be met offer for the 54% of the com- of its orders to the larger version. which, with 180 firm orders from with a determined response by pany that it doesn’t already own, Meanwhile, industry analyst Ad- 13 customers, is still well short Airbus and Boeing in the shape valuing the carrier at €209.3m. dison Schonland, told The Globe of its original target of 300 firm of increased discounting, sub- Vueling’s board said the offer ‘un- and Mail that a ‘stretch version’ orders from 20 customers. By sidized lease terms and other derstates’ its true value. of the CS300 is ‘right in the sweet comparison, the A320neo and incentives. 2 AviTrader WEEKLY AVIATION HEADLINES Milestone Aviation Group increases Air China to purchase 31 Boeing jet- AIRCRAFT & ENGINE NEWS Eurocopter EC225 order to 30 liners Milestone Aviation Group, the global leader Boeing released that Air China agreed to Avincis and Eurocopter sign global in helicopter leasing, announced an order for buy two Boeing 747-8 Intercontinentals, framework agreement, including ac- 14 additional Eurocopter EC225 twin-engine one 777-300ER (Extended Range) and 20 quisition of 10 EC145 T2 helicopters helicopters, which will join the 16 EC225s or- Next-Generation 737-800s. In addition, Air dered last year – along with the company’s China Cargo, a subsidiary of Air China, has Avincis Group (Avincis), a provider of aerial initial EC175 booking, covering five of these agreed to buy eight 777 Freighters. The services for mission critical operations, and next-generation aircraft. This new order for airline plans to expand its capacity to meet Eurocopter announced a global framework the two Eurocopter helicopter types brings growing demand in Asia-Pacific and China, agreement that includes the acquisition of Milestone’s EC225 total order book value the most dynamic market for commercial 10 new EC145 T2 helicopters for emergency to more than €675m ($891m) at list prices, airplanes. medical service (EMS) work. Announced at while the list price valuation of its EC175 ac- the Heli-Expo industry trade show in Las Ve- quisition is approximately €70m ($92m). GE Aviation begins assembly of first gas, the agreement covers aftermarket sup- Passport development engine port and training, as well as the purchase CALC places $500m CFM56-5B engine of aircraft for use by its operating compa- order GE Aviation is assembling the first Passport nies across the world. Perfectly suited for development engine for the Bombardier the most demanding mission requirements, Hong Kong-based China Aircraft Leasing Com- Global 7000 and Global 8000 aircraft. Test- the EC145 T2 is the newest 4-ton-category pany (CALC) announced its selection of CFM56- ing of the engine is scheduled for the second twin-engine helicopter in Eurocopter’s prod- 5B engines to power 25 new Airbus A320 fam- quarter of this year. The Passport engine for uct range. Three of these latest additions to ily aircraft. The firm engine order is valued at the Global 7000 and Global 8000 business Avincis’ 350-strong fleet will be used to de- $500m at list price and deliveries are scheduled jets will produce 16,500 pounds of thrust liver life-saving EMS missions services in the between 2014 and 2016. The aircraft are part and will incorporate advanced technologies U.K., with the rest being destined for use in of CALC’s first-ever new aircraft order; the com- and materials to provide: up to 11% lower Western Europe. The initial aircraft will be de- pany announced an agreement with Airbus for specific fuel consumption than engines in livered in the first half of 2014. 36 A320 family aircraft in 2012. its class; margin to CAEP/6 emissions and to 3 AviTrader WEEKLY AVIATION HEADLINES Stage 4 noise regulations; and world-class reliability and support. Among the new en- Airbus v Boeing: Orders and deliveries to date gine technologies: Airbus’ orders to Airbus v Boeing: Orders and Deliveries - A composite fan case to reduce weight, date swelled by 41 Through February 2013 - A unique 52-inch front fan blisk for lower aircraft in February, cabin noise and vibration, boosted by the pur- Airbus Boeing - And technologies from GE’s eCore suite to chase by Air Lease Type Orders* Deliveries Type Orders* Deliveries lower emissions and improve fuel efficiency. Corporation of 25 A318 0 1 737-700 0 4 A350 widebodies A319 0 4 737-800 7 57 The Passport’s integrated propulsion system and 14 A321neos. from Nexcelle, a joint venture between GE The airframer de- A320 0 47 737-900 0 5 and Safran, will feature a slim-line nacelle livered 35 single A321 144 13 737-MAX 121 0 with outward opening cowl to reduce weight aisle A320 family A330 2 13 747 0 0 and drag while allowing for easy mainte- aircraft, eight A330 A340 0 0 767 0 3 nance access and high dispatch availability. widebodies and two more A380 super- A350 35 0 777 11 13 Sikorsky sells 30 helicopters to Mile- jumbos. A380 0 2 787 42 0 stone Aviation Group Boeing order book Total 181 80 Total 181 82 Sikorsky Aircraft Corp. entered into agree- leapt from a total *Gross Orders Source: Company websites ments to sell 23 S-92 helicopters and seven S- of two bookings in 76D helicopters to Milestone Aviation Group, January to 181 at a global finance company that leases helicop- the end of last month, helped by a massive purchase from American Ailines, for ters to high-quality helicopter operators. The 100 737 MAX aircraft, one 777-300ER and 42 787 Dreamliners. 43 aircraft were agreements also include options to buy up delivered, up from 39 in January.