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A Wall Street analyst believes Bombardier is working on a 150-seat version of its new CSeries jet that would compete directly with the Boeing 737 and Airbus A320 narrowbodies.
While the Canadian aircraft builder has only announced 110- and 130-seat versions of the CSeries, JP Morgan’s Joseph B. Nadol speculates that the company could announce new orders this year for a 150-seat version. And with a new Geared Turbofan engine developed by Pratt & Whitney, the bigger CSeries “would have real potential to take share away from Boeing and Airbus,” Nadol said in a note to his clients this morning.
“While Bombardier has not publicly discussed a 150-seat variant, we believe one is in the works, and that is a key reason why Boeing and Airbus are taking a hard look at re-engining the A320 and 737,” he writes. A Bombardier spokesman, asked to comment on Nadol’s thoughts, said the 150-seat number was speculative but declined to rule out the possibility of a CSeries that was larger than 130 seats. “This design freeze doesn’t occur until later this year,” he notes.
Bombardier has won 50 orders for the 110- and 130- seat CSeries versions so far, 30 from Lufthansa and 20 from Lease Corporation International of Ireland.
A Wall Street analyst believes Bombardier is working on a 150-seat version of its new CSeries jet that would compete directly with the Boeing 737 and Airbus A320 narrowbodies.
While the Canadian aircraft builder has only announced 110- and 130-seat versions of the CSeries, JP Morgan’s Joseph B. Nadol speculates that the company could announce new orders this year for a 150-seat version. And with a new Geared Turbofan engine developed by Pratt & Whitney, the bigger CSeries “would have real potential to take share away from Boeing and Airbus,” Nadol said in a note to his clients this morning.
“While Bombardier has not publicly discussed a 150-seat variant, we believe one is in the works, and that is a key reason why Boeing and Airbus are taking a hard look at re-engining the A320 and 737,” he writes. A Bombardier spokesman, asked to comment on Nadol’s thoughts, said the 150-seat number was speculative but declined to rule out the possibility of a CSeries that was larger than 130 seats. “This design freeze doesn’t occur until later this year,” he notes.
Bombardier has won 50 orders for the 110- and 130- seat CSeries versions so far, 30 from Lufthansa and 20 from Lease Corporation International of Ireland.