Aircraft Industry: Bombardier exits the commercial plane business, sells remaining A220 stake to Airbus

Quebec's Bombardier has reported a oss of $1.6 billion US for 2019, and also announced it's leaving the commercial aviation business.

Read more at:
https://www.cbc.ca/news/business/bombardier-financial-results-airbus-c-series-1.5462182

Canadian - EU Aircraft Industry Cooperation: ‘Godfather’ of aircraft leasing takes second look at post-Bombardier A220

Steven Udvar-Hazy, Air Lease Corp.’s founder and chairman, is studying his first potential orders of the Airbus SE A220 now that the European planemaker controls the single-aisle jetliner.

Airbus’s sales and engineering expertise brings greater potential to the aircraft, Udvar-Hazy said Sunday. The program was developed by Montreal-based Bombardier Inc. and formerly known as the C Series before Airbus took over a majority stake July 1.

“It’s a more attractive prospect,” Udvar-Hazy said in an interview in London ahead of the Farnborough air show. “This has changed the whole landscape in terms of its credibility.”

An order from Air Lease would provide the A220 with a seal of approval from one of the world’s most closely watched jet purchasers. Udvar-Hazy has been nicknamed the “godfather” of aircraft leasing for his role in founding the industry.

Airbus, which last week won a A220 deal from JetBlue Airways Corp., is trying to quickly build an order book for the plane, while also seeking to make the aircraft more viable by squeezing supply-chain costs. JetBlue’s 60-jet order was valued at $5.4 billion based on list prices. Delta Air Lines Inc. is also a buyer of the plane.

Read more: ‘Godfather’ of aircraft leasing takes second look at post-Bombardier A220 | Montreal Gazette

Montreal Gazette: New rival for Airbus and Boeing - Canadian Bombardier lands $1.53B deal- by Francoise Shalom

the new cSeries Bombardier

For the complete report from the Montreal Gazette click on this link

New rival for Airbus and Boeing - Canadian Bombardier lands $1.53B deal - by Bombardier lands $1.53B deal- by Francoise Shalom

German airline Deutsche Lufthansa AG firmed up its order for 30 Bombardier CSeries CS100 jets yesterday, formally catapulting Montreal’s aircraft manufacturer into the narrow-body airliner segment currently carved up between Boeing and Airbus.The firm order, first announced as a tentative deal last summer, will mark the first time Bombardier produces traditional-looking jets with wing-mounted engines, a niche that has long been the exclusive preserve of Airbus’s A320 and Boeing’s 737 families of aircraft. With the order in hand, Bombardier will now push ahead with building its largest aircraft to date. The 110-to-149 seat aircraft has been in development for the better part of a decade and will put the Montreal-based plane maker in the big leagues. The CSeries will compete against the smallest planes built by Boeing and Airbus.

IHT: European air safety regulator to consider grounding Bombardier turboprops - by Nicola Clark

For the complete report from the International Herald Tribune click on this link

European air safety regulator to consider grounding Bombardier turboprops - by Nicola Clark

Europe's air safety regulator expressed deep concern Monday following the latest crash landing of a Scandinavian Airlines turboprop plane - the third in less than two months involving the same type of commuter aircraft."We are very concerned about this most recent Dash-8 Q400 accident and the possible relation with other accidents involving the same plane," said Daniel Höltgen, a spokesman for the European Aviation Safety Agency, referring to the twin-engined plane made by Bombardier Aerospace of Canada.