atpcliff
Well-known member
- Joined
- Nov 26, 2001
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Hi!
My CEO just sent me an article on the "C".
cliff
YIP
My CEO just sent me an article on the "C".
Stars Seen Aligning For Bombardier's Proposed C-Series
By Monica Gutschi
Of DOW JONES NEWSWIRES
MONTREAL (Dow Jones)--The "stars are definitely aligning" for Bombardier
Inc.'s (BBD.B.T) proposed C-Series aircraft, according to the company official
heading the project.
Not only does Bombardier now have a "game-changing" engine for the 100-seat
aircraft, it's seeing significant interest from numerous airlines around the
world, Gary Scott said in a recent interview.
As well, greater use of composites and other new technologies means the
proposed aircraft will meet its key target of cash operating costs at least
15% lower than existing models. "We're there," Scott said.
Although Minnesota-based Northwest Airlines Corp. (NWA) is the only carrier
to publicly acknowledge it's contemplating the C-Series as part of its
fleet-renewal program, Scott said Bombardier is holding talks with airlines in
Europe, Asia and the Middle East, as well the U.S. "I don't think it's going
to be a problem" to have one or two launch customers and initial orders of
50-100 aircraft, Scott said.
Other news reports have pegged Malaysia Airlines as a potential buyer.
In fact, all that's left for Scott and his team to do before they present
the business model to Bombardier's board next year is finalize some supplier
contracts, update their estimates, and requalify for the $700 million in
financing promised by the Canadian, U.K. and Quebec governments. All of that
is in the works, Scott said.
The board is expected to make a launch decision by the end of 2008.are definitely aligning."
"I'm pretty optimistic," Scott said. "There's very good momentum. The stars
...
The decision to wait (delaying the launch to 2013) has turned out to be a good thing, Scott said.
"That opened the window" for Pratt & Whitney, a division of United
Technologies Corp. (UTX), to look at a Geared Turbofan, or GTF, engine for
narrow-body aircraft, Scott said.
The gamble worked: Mitsubishi Corp. (MSBHY)
has also selected the engine for its new regional jet. (Can you imagine this new Mitsubishi jet flying Amerian passengers over Pearl Harbor???)
Moreover, Scott said,
P&W has the capability to scale the GTF engine to larger narrow-body
mainliners like the C-Series, or smaller regional jets, broadening its appeal.
"They're being very smart about this," he said.
In comparison to traditional turbine engines, P&W's GTF engine includes a
gear between the turbine and fan, allowing the fan to operate twice as fast:
more efficiently, more quietly and with greater thrust - a key consideration
in an era of high energy prices, increased environmental concerns, and greater
noise restrictions.
P&W is shouldering 100% of its development costs for the engine and will
also contribute a "substantial" portion to the development costs for the
C-Series, Scott said.
The business case is being updated, but when first proposed, the C-Series
was expected to cost $2.1 billion to produce, with the new engine representing
a large portion of the total.
Bombardier has also signed a joint venture withChina's state-run AVIC I that could help defray some development costs.
...
the C-Series is a "high-performance airplane" that has themore restricted ERJ 190/195 models, he said.
flexibility to fly into airports with short runways or high altitudes, or
those with "demanding" noise restrictions. That gives it an advantage over the
...
the aircraft will be 46% composites, up significantly from the
20% originally considered when working towards a 2010 launch. That is similar
to the level used on Boeing's revolutionary 787 wide-body plane, and Airbus's
proposed A350.
"The C-Series has virtually the same level of new technologies" as those
models, Scott said, "but scaled to a smaller aircraft."
cliff
YIP