Search archive          Sign up for our Newsletters          Aviation Jobs
Latest Aviation News  |  Industry & Technology  |  Air Transport  |  MRO & Support  |  Aircraft Interiors  |  Editorials  |  Events Calendar  |  About UsFR
 
Aviation News Bombardier clings to its last commercial aircraft line

Bombardier clings to its last commercial aircraft line

AFP
14 NOV 2018 | 322 words

Canadian manufacturer Bombardier said Tuesday it planned to hold onto its last commercial aircraft line -- the Canadair Regional Jet or CRJ -- after recent divestitures of its others.

"We want to keep this line going," company chief executive Alain Bellemare told analysts, noting that there was only one other player, Embraer, selling in this 75- to 100-seat regional jetliner category.

He left open the possibility of partnering with another aeronautics firm, however, as Bombardier looks to upgrade the aircraft and boost sales.

Questions were raised about Bombardier's future as an aeronautics firm following its divestiture, announced last week, of its aging Q Series turboprop line to a Canadian investment fund, and its sale of a majority stake in its CSeries jetliner line to Airbus in July.

At the same time, the company slashed 5,000 engineering jobs or seven percent of its workforce.

"We might look at partnering if it makes sense but the primary focus right now is to strenghthen (sales), so that we have a longer term view on this product line," Bellemare said.

"We're going to try to make it work and we will see where it goes," he added.

Bombardier has sold more than 1,900 CRJs since the program was launched in the early 1990s, but demand has fallen to a trickle with only a handful of orders the last quarter.

Last week, Bellemare noted that Bombardier continues to lose money on the manufacturing of the CRJ, and wanted to see parts suppliers reduce costs.

Previously the company decided to give up control of its new CSeries aircraft, now known as the A220, to European giant Airbus in exchange for using Airbus's sales and marketing heft to lift CSeries sales.

The planes and trains maker also still manufactures business jets.

 
Top stories
20 MAY 2021
ST Engineering and Temasek to launch narrow-body freighter aircraft leasing JV in Singapore ST Engineering and Temasek to launch narrow-body freighter aircraft leasing JV in Singapore
Singapore Technologies Engineering (ST Engineering) and Singapore investment fund Temasek announce their intention to create a 50-50 joint venture dedicated to the leasing of cargo ... Continue Reading
08 APR 2021
The Boeing 737 MAX 200 is cleared to take off in Europe The Boeing 737 MAX 200 is cleared to take off in Europe
The European Aviation Safety Agency (EASA) has in turn validated the modifications to the type certificate of the Boeing 737 MAX 8 in its 737-8200 ... Continue Reading
28 JAN 2021
Boeing reports $11.9 bn annual loss after hit on 777X delay Boeing reports $11.9 bn annual loss after hit on 777X delay
Boeing closed the books on a bruising 2020 by announcing another unpleasant surprise on Wednesday: a $6.5 billion hit from delays to its new ... Continue Reading
09 DEC 2021
The world's first Airbus A320 freighter takes off
09 DEC 2021
NYCO signs a major strategic agreement with Air France to develop sustainable aircraft lubricants
09 DEC 2021
New long-term agreement between Safran and SIAEC on CFM International's LEAP engines
09 DEC 2021
Boeing to add two 737-800BCF conversion lines at STAECO's facility in China
09 DEC 2021
Sabena Aerospace to take over several maintenance activities from Lufthansa Technik
Top stories
 
Latest News     Industry & Technology     Air Transport     MRO & Support     Aircraft Interiors     Editorials
© 2024 Le Journal de l'Aviation - All rights reserved