Brazil’s Embraer (Chalet CD51) announced here yesterday that China’s Minsheng Financial Leasing (MSFL) is to purchase three of the company’s flagship Lineage 1000 bizjets, which are based on its best-selling E-Jet airliner family (the E190). According to Ernest Edwards, president of Embraer Executive Jets, the first jet may be delivered as soon as the first quarter of 2012.
A growing appetite among Indian carriers to serve regional routes makes the country a potentially big market for 250 regional jets with a capacity of up to 120 seats, according to Brazilian airframer Embraer. Twin-turboprop manufacturer ATR estimates in the next five years India will requirearound 100 aircraft,and 200 in the longer term.
Bombardier Aerospace is unveiling a new flight-deck demonstrator at its Dubai Air Show pavilion on Sunday. Located near its chalet, adjacent to the Airport Expo’s East Hall, the interactive dome pavilion also houses the Canadian aircraft manufacturer’s most recent CSeries cabin demonstrator.
Despite CEO Frederico Curado’s recent expression of reticence over the possibility of re-engining of Embraer’s E-Jet line of airliners, the Brazilian company apparently has decided to spend $2 billion on a project to do just that by 2018.
While much of the completion and refurbishment industry was battling to remain afloat during the recession, Flying Colours in the quiet Canadian city of Peterborough, Ontario, discovered a niche market in converting retired Canadair Regional Jets (CRJs) to executive use, and more recently, abundant work outfitting green Challenger 850s from Bombardier.
Bombardier Aerospace continues to suffer from what executives characterized as a soft market for regional aircraft. However, the company stopped short of announcing further cuts to production rates as widely expected.
While Airbus and Boeing padded their already bulging backlogs with billions of dollars worth of deals during June’s Paris Air Show, manufacturers traditionally involved in the regional airliner market walked away from Le Bourget with some rather impressive order and commitment tallies of their own.
For the first time in the 36-year history of the RAA a sitting DOT Secretary visited the association’s annual convention, as Ray LaHood made the trip to Nashville last month to deliver one of the most upbeat keynote addresses heard by delegates to the spring get-together in several years.
Two of the new breed of big regional jets from the Eastern Hemisphere reached some long-awaited milestones recently, namely the Russian certification of the Sukhoi Superjet 100 and the signing of the first firm order for the Mitsubishi MRJ by an airline based outside Japan.
BAE Systems’s asset management division has reported an uptick in demand for its portfolio of pre-owned Avro RJ and 146 regional jets. The UK-based group is also taking on more contracts to remarket other manufacturers’ aircraft and is seeing growth in its product support and engineering activities.