Bombardier, Inc. | |
Company type | Subsidiary |
Industry | Aerospace industry |
Predecessor | Canadair |
Founded | 1989 |
Headquarters | Dorval, Quebec, Canada |
Area served | Worldwide |
Key people | |
Products | Jet airliners (former - sold to Airbus) Business jets Propeller aircraft (former - sold to Longview Aviation) |
Revenue | US$7.5 billion (2019) [1] |
Number of employees | 24,350, at year end 2019 [1] |
Parent | Bombardier Inc. |
Divisions |
|
Website | bombardier |
Bombardier Aviation is a division of Bombardier Inc. It is headquartered in Dorval, Quebec, Canada. [2] Its most popular aircraft included the Dash 8 Series 400, CRJ100/200/440, and CRJ700/900/1000 lines of regional airliners, and the newer CSeries (also known as the Airbus A220). It also manufactured the Bombardier 415 amphibious water-bomber (in Dorval and North Bay), and currently makes the Global Express and the Challenger lines of business jets.
At one time, Bombardier had manufacturing plants in 27 countries, employing over 70,000 workers, but has since reduced its workforce to less than half and sold some of its holdings.
This section appears to be slanted towards recent events.(August 2016) |
After acquiring Canadair in 1986 and restoring it to profitability, in 1989 Bombardier acquired the near-bankrupt Short Brothers aircraft manufacturing company in Belfast, Northern Ireland. This was followed in 1990 by the acquisition of the bankrupt American company Learjet, a manufacturer of business jets headquartered in Wichita, Kansas; and finally the money-losing Boeing subsidiary, de Havilland Aircraft of Canada based in Toronto, Ontario in 1992. [3] Canadair, Learjet and Short Brothers cost US$ 215 million to acquire and produced sales of US$1.3 billion in 1990. [4] The sales of Canadair commuter jets and airborne surveillance systems, Learjet business aircraft and Short Brothers C-23 Sherpa cargo planes were growing at that time.
The aerospace company[ when? ] accounts for over half of Bombardier Inc.'s revenue. By the start of the 2010s, its most popular aircraft included its Dash 8 Series 400, CRJ100/200/440, and CRJ700/900/1000 lines of regional airliners although the company was devoting most of its Research and Development budget to the newer CSeries. It also manufactured the Bombardier 415 amphibious water-bomber (in Dorval and North Bay), and the Global Express and the Challenger lines of business jets.
The CSeries, which Bombardier offered in several size versions, initially competed with the Airbus A318 and Airbus A319; the Boeing 737 Next Generation 737-600 and 737-700 models; and the Embraer 195. Bombardier claimed the CSeries would burn 20% less fuel per trip than these competitors, [5] which would make it still about 8% more fuel efficient than the Boeing 737 MAX, which was introduced in 2017. The launch customer for the CSeries, Lufthansa, signed a letter of intent for up to 60 aircraft and 30 options in 2008. [6] The Montreal manufacturing complex was redeveloped by Ghafari Associates to incorporate lean manufacturing for the CSeries. [7]
On 24 March 2011, Shanghai-based Commercial Aircraft Corporation of China (COMAC) and Bombardier Inc. signed a framework agreement for a long-term strategic cooperation on commercial aircraft. The intention was to break the near-duopoly of Airbus and Boeing. [8] [9] Aircraft covered by the programme included the Bombardier CRJ-series, CSeries and Q-series; and the Comac ARJ21 and Comac C919.[ needs update ] In January 2012, the firm began manufacturing simple structures, such as flight controls for the CRJ series, from its first facility in Africa, near Casablanca, Morocco. On 30 September 2013, it broke ground on its permanent facility, due to open late 2014. [10] In October, a joint development deal between Bombardier and a South Korean consortium consisting of Korea Aerospace Industries and Korean Air Lines was revealed, to develop a 90-seater turboprop regional airliner, targeting a 2019 launch date. [11]
In November 2012, Bombardier signed the largest deal in its history with Swiss business jet operator VistaJet for 56 Global series jets for a total value of $3.1 billion, including an option for an additional 86 jets, for a total transaction value of $7.8 billion. [12] In April 2013, Canada's Porter Airlines placed a conditional order for 12 CSeries aircraft, with options for another 18; [13] this was conditional on jets being allowed to use Billy Bishop Toronto City Airport off downtown Toronto. [14] In 2015, the Canadian Government announced that it would not approve the marine expansion of the runway required for the use of jets at the airport and the proposal was shelved. [15]
In January 2014, 1,700 employees were cut from Bombardier Aerospace due to a 19 percent drop in orders in 2013. [16] In July of that year, Bombardier reorganized itself in response to underperformance; President Guy Hachey retired and Bombardier Aerospace was split into three divisions: business aircraft; commercial aircraft and aerostructures; and engineering services, while 1,800 jobs were cut. [17] In its 2014-year end statement, Bombardier Aerospace reported its employee count had reduced by 3,700, delivered 290 aircraft and held orders for 282 more; and also claimed "strong long-term potential". [18] On 29 October 2015, Bombardier announced a US$4.9-billion third-quarter loss and $3.2 billion writedown on the CSeries. [19] [20] It also cancelled its Learjet 85 program, taking another US$1.2-billion writedown and cancelling 64 outstanding orders. [19] The firm's debt reached approximately $9 billion, largely due to the CSeries, which had not recorded a single firm order since September 2014. [21] Bombardier shares fell 17.4 per cent on that day. [19] By 21 December 2015, the firm had 243 firm orders for the CSeries; a US$2.5 billion cash infusion – $1 billion from the provincial government plus a $1.5 billion investment from the Caisse de dépôts et placements du Québec – was keeping the parent company adequately funded. [22]
On 17 February 2016, Bombardier announced its 2015 profits were $138 million before taking a $5.4 billion write-down; [23] it also announced 7,000 jobs would be cut. [23] After a long and expensive development, costing US$5.4 billion to date, including a US$3.2 billion writeoff, the small (110–125 seat) CS100 version of the CSeries received initial type certification from Transport Canada on 18 December 2015. [24] At the time, the company had 243 firm orders and letters of intent and commitment for another 360. [25] Most orders were for the CS300 model. The first CS100 was expected to be flying by mid-2016 in Lufthansa colours. [26] "Certification is a great thing, but 2016 is going to be critical for orders," analyst Chris Murray, a Managing Director with Alta Corp, told Bloomberg Business. [25] Fred Cromer, president of Bombardier's commercial aircraft unit, hinted on 21 December 2015 that price cuts or other incentives may be offered to bolster sales (list price for the CS100 was US$71.8 million and for the CS300 US$82 million). [25]
Intending to boost profit margins, Bombardier announced on 12 January 2016 that it would cancel deals with third party sales agent Tag Aeronautics, as well as cancelling 24 firm and 30 optional orders, aiming to later resell these aircraft without a sales agency fee. [27] The CSeries was adversely hit by production delays and stiff competition in 2016. On 20 January, United Continental Holdings Inc. announced that it had ordered 40 Boeing 737-700s instead. [28] Air Canada announced it would buy up to 75 CS300s, a larger variant, on 17 February 2016; prior to this, there had been no CSeries orders since 2014. [23] The CSeries program was forecast to have positive cash flow after delivering approximately 200 aircraft. [23] David Tyerman, an analyst with Canaccord Genuity, commented on the difficulty of winning orders and questioned how profitable the next CSeries order will be. [29] According to Bjorn Fehrm of the aviation consulting firm Leeham Company, the first 15 CSeries built in 2016 each cost $60 million to make, but would sell for only $30 million. [23]
Bombardier held negotiation with Delta Air Lines, the latter placing an order in April 2016 for 75 CS100 models with an option for 50 additional aircraft. [30] At full list price, the deal would total US$5.6 billion; sources claimed that Delta had received a significant discount. [31] [32] Air Canada firmed up its tentative order for 45 CS300s with an option for another 30 in June 2016; it was reportedly valued at $3.8 billion, increasing to $6.3 billion if the option was exercised (based on the aircraft's list price). The next day, Bombardier delivered the first CSeries jet to Swiss International Air Lines, the first operator to start flying them. [33]
Brazil and Canada engaged in an international, adjudicated trade dispute over government subsidies to domestic aircraft manufacturers in the late 1990s and early 2000s. The World Trade Organization decided that Brazil ran an illegal subsidy program, Proex, benefiting Brazilian manufacturer Embraer from at least 1999–2000; and that Canada illegally subsidized its indigenous regional airliner industry.
In late September 2017, the World Trade Organization announced that it would consider Brazil's complaint filed in February, including allegations that the Canadian government unfairly subsidized the CSeries. [34] Embraer claimed that the subsidies are an "unsustainable practice that distorts the entire global market, harming competitors at the expense of Canadian taxpayers." [35]
On 28 April 2016, Bombardier Aerospace, a division of Bombardier Inc., recorded a firm order from Delta Air Lines for 75 CSeries CS100s plus 50 options. On 27 April 2017, The Boeing Company filed a petition for dumping them at $19.6m each, below their $33.2m production cost. On the same day, both Bombardier and the government of Canada rejected Boeing's claim, vowing to mount a "vigorous defence". [36]
On 9 June 2017, the US International Trade Commission (USITC) found that the US industry could be threatened and should be protected. On 26 September, after lobbying by Boeing, the US Department of Commerce (DoC) alleged subsidies of 220% and intended to collect deposits accordingly, plus a preliminary 80% anti-dumping duty, resulting in a duty of 300%. The DoC announced its final ruling, a total duty of 292%, on 20 December, hailing it as an affirmation of the "America First" policy. [37] In October, with financial issues already mounting, Bombardier was indirectly forced by the US government tariffs to relinquish 50.01% of its stake in the CSeries program to Airbus for a symbolic CAD$1, [38] [39] and would produce CSeries aircraft in the United States. [40]
On 10 January 2018, Canada formally filed a complaint at the World Trade Organization (WTO) against the United States over the affair. On 26 January, the four USITC commissioners unanimously reversed their earlier claims, finding that US industry is no longer threatened and no duty orders will be issued, overturning the imposed duties. The Commission public report was made available by February 2018. On March 22, Boeing declined to appeal the ruling.
On 29 October 2015, the Quebec government announced that it would invest US$1 billion (roughly CAD$1.3 billion) to protect jobs and the CSeries, [19] [41] the province buying a 49.5% interest in the limited partnership controlling the CSeries program. [42] Bombardier had reportedly asked Ottawa for a repayable loan of $350 million, [20] while the province expected the federal government to match its $1 billion loan in return for a near 50 percent stake in the CSeries program. [43] [44] Debts from the project had forced Bombardier to raise cash and seek aid in order to stay afloat. [45] Both provincial and federal contributions came via repayable loans; independent economist Mark Milke claimed it is questionable whether they would be repaid, [46] calling the bailout loans "corporate welfare" in The Globe and Mail . [47]
Days after his swearing-in, on 10 November 2015, Prime Minister Justin Trudeau stated Bombardier must make a "strong business case" for federal aid, [48] agreeing that the firm exemplified important high-value manufacturing, [49] but stated that such aid would be shaped by Canadians' best interests, not on "emotion, politics or symbols". [43] In April 2016, the federal government offered an aid package to Bombardier without disclosing the amount or conditions imposed; it reportedly rejected the offer. [50] An unnamed source advised Reuters that negotiations were still underway. On 14 April 2016, Bombardier shares were at a six-month high over rumors that Delta had ordered CSeries jets. [51] The firm continued to request a $1 billion aid package from the federal government. [52]
In May 2016, the federal government reportedly offered a $1 billion aid package (in addition to the $1 billion subsidy offered by the Government of Quebec) with the condition of Bombardier ending its dual-class share structure which enables the Bombardier and Beaudoin families to control it despite a minority ownership. According to Bloomberg, the talks reached a standstill over this condition. [53] The federal plan also recommended that the firm issue new shares to gain $1 billion in additional funding. The Toronto Star predicted that the government would bailout the firm as bankruptcy would lead to the loss of some 70,000 jobs as well as significant exports, which had totaled $34.2 billion in the previous five years. [54] In May 2016, Federal Finance Minister Bill Morneau said the aerospace sector is "critically important". [55] In February 2017, the federal government agreed to provide $372.5 million in interest-free repayable loans, to be issued in instalments over the following four years; one third was intended for the CSeries while the rest went to the Global 7000 business jet. [56]
On 16 October 2017, Bombardier and Airbus announced a partnership on the CSeries program to expand in an estimated market of more than 6,000 new 100-150 seat aircraft over 20 years; in July 2018, Airbus acquired a 50.01% majority stake in the holding company for the program, Bombardier keeping 31% and Investissement Québec 19%. Under this deal, the CSeries is now marketed as the Airbus A220. Access to Airbus's supply chain expertise was intended to save production costs while the headquarters and primary assembly line remain in Québec, with a second assembly line at the Airbus Mobile factory in Alabama, US. Airbus did not pay for its share, nor did it assume any debt. [57] Airbus insisted that it had no plan to buy Bombardier's stake in the program, remaining strategic partners after 2025; clauses allowed it to buy out Quebec's share in 2023 and Bombardier's seven years after the deal closes, though production is required to remain in Quebec until at least 2041. [58] [59] Bombardier CEO Alain Bellemare said the deal would raise sales: "It brings certainty to the future of the program so it increases the level of confidence that the aircraft is there to stay. Combining the CSeries with Airbus's global scale ... will take the CSeries program to new heights". [60]
On 8 November 2018, Viking Air parent Longview Aviation Capital Corp. acquired the Q400 program and the de Havilland brand from Bombardier. [61] Viking had already bought the discontinued de Havilland Canada aircraft type certificates in 2006. [62] At that point, Q400 sales were lower than rival ATR. [63] Bombardier announced the sale was for $300 million and expected $250 million annual savings. [64] The Q400 deal closed on 3 June 2019; the new holding company, De Havilland Aircraft of Canada Limited, inherited an order book of 51 Q400s. [65] Also in late 2018, Bombardier sold its business jet training program to CAE Inc. for $645 million and announced 5,000 job cuts over 18 months across its 70,000 employees worldwide: 500 in Ontario, 2,500 in Quebec and 2,000 outside Canada. [66]
Bombardier shifted focus from commercial to business aircraft, [67] [65] anticipating business jet shipments to increase from 135 in 2018 to 150-155 in 2019, [68] and forecast revenues of $16.5 billion in 2018, rising to over $20 billion in 2020 with a free cash flow of $0.75-1 billion, mostly via the large Global 7500. Business Aircraft revenues were expected to increase from $5 billion for 2018 to $6.25 billion in 2019 and $8.5 billion in 2020 with 180 deliveries, including aftermarket within the 4,700 fleet doubling from the 28% captured in 2015. Aerostructures & Engineering Services were expected to grow from $2 billion in 2018 to $2.25 billion in 2020. Airliner revenues were expected to shrink from $1.7 billion to $1.4 billion in 2019, halving losses to $125 million, with deliveries flat at 35 CRJs and Q400s; it was to be profitable with CRJs only in 2020. [69]
On 2 May 2019, Bombardier's aerospace division was renamed Bombardier Aviation following the divestment of the CSeries and Q400 programmes. [70] On 25 June 2019, Bombardier agreed with Mitsubishi Heavy Industries to sell the CRJ program, a deal was expected to close in early 2020 subject to regulatory approval. [71] Mitsubishi will gain Bombardier's global expertise in terms of engineering, certification, customer relations and support, boosting its SpaceJet (formerly MRJ) programme and enabling its production in North America. [72] The deal includes two service centres in Canada and two in the US, as well as the CRJ's type certificates. [73] Bombardier retains the Mirabel assembly facility and produce the CRJ on behalf of Mitsubishi until the current order backlog is complete. [74] In early May 2020, Mitsubishi confirmed that all conditions had been met. The transaction closed on 1 June. [75] Bombardier's CRJ-related service and support activities were transferred to a new Montreal-based company, MHI RJ Aviation Group. [76] [77]
On 31 October 2019, Bombardier announced the sale of its aerostructures activities and aftermarket services operations in Northern Ireland and Morocco, and its aerostructures maintenance, repair and overhaul (MRO) facility in Dallas, to Spirit AeroSystems. The sale was expected to close in the first half of 2020 subject to regulatory approval. [78] In September 2020 Spirit said "there can be no assurances" that conditions would be met by the 31 October deadline. [79] A last-minute amendment reduced the amount of the cash consideration and adjusted the overall valuation, enabling the parties to set a closing date of 30 October. [80] [81]
On 12 February 2020, Bombardier sold its share in Airbus Canada Limited Partnership, the holding company for the A220 programme, for $591 million; Airbus now has a 75% share, with the remaining 25% owned by Investissement Québec. [82] This sale marked Bombardier's "strategic exit" from the commercial aviation sector. [83]
Despite rumours that its business jet activities might be sold to Textron, parent company of Cessna, Beechcraft and Bell Helicopters, [84] on 17 February it emerged that Bombardier had instead agreed to sell its rail division to Alstom and would focus exclusively on business aviation. [85]
Aircraft | Type | Start | Notes |
---|---|---|---|
Challenger 300 | Business jet | 2004 | 350 variant |
Challenger 600 | Business jet | 1980 | 650 variant |
Global Express | Business jet | 1998 | 5500/6500 variants |
Global 7500 | Business jet | 2018 | 7500/8000 variants |
Aircraft | Type | Start | Current owner | Notes |
---|---|---|---|---|
Airbus A220 | Narrow-body jet | 2012 | Airbus and Investissement Québec | Formerly known as the Bombardier C-Series |
De Havilland Canada Dash 8 | Regional turboprop | 1983 | De Havilland Canada | Formerly known as the Bombardier Q-Series |
Aircraft | Type | Start | End | Notes |
---|---|---|---|---|
Learjet 35 | Business Jet | 1973 | 1994 | Produced under Bombardier after 1990 |
Short 330 | Turboprop Transport | 1974 | 1992 | Produced under Bombardier after 1989 Type design since sold to De Havilland Canada/Viking Air |
Learjet 55 | Business Jet | 1979 | 1987 | Last produced under ownership by Integrated Acquisition |
Short 360 | Turboprop Transport | 1981 | 1991 | Produced under Bombardier after 1989 Type design since sold to De Havilland Canada/Viking Air |
Short Tucano | Military Trainer | 1986 | 1995 | Produced under Bombardier after 1989 |
CRJ 100/200/440 | Regional Jet | 1991 | 2006 | The -440 model is the same airframe as the -200 but certified for maximum of 44 pax. |
CRJ 550/700/705/900/1000 | Regional Jet | 1999 | 2020 | Mitsubishi acquired programme on 1 June 2020 and ended production |
Learjet 60 | Business Jet | 1991 | 2012 | |
Canadair CL-415 | Aerial Firefighter | 1993 | 2015 | Type design since sold to De Havilland Canada, to be succeeded by the DHC-515. [86] |
Learjet 45 | Business Jet | 1995 | 2012 | |
CL-327 | UAV Prototype | 1996 | 1996 | |
Learjet 40 | Business Jet | 2002 | 2013 | |
Challenger 850 | Business Jet | 2006 | 2015 | Business jet interior cabin configuration of CRJ100/200 (CL-600-2B19) airframe. |
Learjet 70/75 | Business jet | 2013 | 2021 [87] | |
Learjet 85 | Business Jet | 2014 | 2014 | Project cancelled after 2 prototypes built |
Model (engine) | Prod. | Max. pax | Length | Wingspan | Wing area | MTOW | Empty | Max. fuel | Max. PL | Unit thrust | Range |
---|---|---|---|---|---|---|---|---|---|---|---|
Challenger 650 (2× CF34-3B) | 1978 present | 19 | 20.9 m 68 ft 5 in | 19.6 m 64 ft 4 in | 45.4 m2 489 ft2 | 21.86 t 48,200 lb | 12.32 t 27,150 lb | 9.07 t 20,000 lb | 2.2 t 4,850 lb | 41 kN 9,220 lbf | 7,408 km 4,000 nm |
CRJ100/200 (2× CF34-3) [lower-alpha 1] | 1991 2006 | 50 [lower-alpha 1] | 26.77 m 87 ft 10 in | 21.21 m 69 ft 7 in | 48.35 m2 520.4 ft2 | 24.04 t 53,000 lb | 13.84 t 30,500 lb | 6.49 t 14,305 lb [lower-alpha 1] | 6.12 t 13,500 lb | 38.84 kN 8,729 lbf | 3,148 km 1,700 nm [lower-alpha 1] |
Global 6000/Global 6500 (2× BR710/Pearl) | 1996 present | 13–17 | 30.3 m 99 ft 5 in | 28.7 m 94 ft 0 in | 94.8 m2 1,021 ft2 | 45.13 t 99,500 lb | 23.69 t 52,230 lb | 20.43 t 45,050 lb | 2.62 t 5,770 lb | 65.6/67.3 kN 14,750/15,125 lbf | 11,112/12,223 km 6,000/6,600 nm |
Global 5000/5500 (2× BR710/Pearl) | 2003 present | 13–16 | 29.5 m 96 ft 10 in | 41.96 kg 92,500 lb | 23.07 t 50,861 lb | 17.80 t 39,250 lb | 3.24 t 7,139 lb | 65.6/67.3 kN 14,750/15,125 lbf | 9,630/10,556 km 5,200/5,700 nmi | ||
CRJ700 (2× CF34-8C5) | 1999 2020 | 66–78 | 32.3 m 106 ft 1 in | 23.2 m 76 ft 3 in | 70.6 m2 760 sq ft | 34.02 t 75,000 lb | 20.07 t 44,245 lb | 8.89 t 19,595 lb | 8.19 t 18,055 lb | 61.3 kN 13,790 lbf | 2,553 km 1,378 nmi |
CRJ900 (2× CF34-8C5) | 2002 2020 | 76–90 | 36.2 m 118 ft 11 in | 24.9 m 81 ft 7 in | 71.1 m2 765 sq ft | 38.33 t 84,500 lb | 21.85 t 48,160 lb | 10.25 t 22,590 lb | 64.5 kN 14,510 lbf | 2,876 km 1,553 nmi | |
CRJ1000 (2× CF34-8C5) | 2011 2020 | 97–104 | 39.1 m 128 ft 5 in | 26.2 m 85 ft 11 in | 77.4 m2 833 sq ft | 41.64 t 91,800 lb | 23.19 t 51,120 lb | 8.82 t 19,450 lb | 11.97 t 26,380 lb | 3,004 km 1,622 nmi | |
Global 7500 (2× Passport) | 2018 present | 19 | 33.8 m 111 ft | 31.7 m 104 ft 0 in | 120 m2 1,300 sq ft | 48.19 t 106,250 lb | 25.76 t 56,800 lb | 21.52 t 47,450 lb | 2.59 t 5,700 lb | 83 kN 18,650 lbf | 14,260 km 7,700 nm |
Bombardier Aviation has several facilities.
Bombardier Aerospace once had manufacturing, engineering and services facilities in 27 countries. [88] [ needs update ] The production facilities are located in Canada, the United States, and Mexico.
On 3 May 2018, Bombardier announced the sale of its Toronto Downsview facility where it manufactures the Global business jet family and the Q400 regional turboprops, for $635 million, leased back for three to five years to maintain Q400 production, while leasing a 38-acre (15 ha) site at Toronto Pearson International Airport to open a final assembly plant for the Global business jets. [89] On 2 May 2019, Bombardier announced that all of its aerospace assets would be consolidated into a "single, streamlined and fully integrated business", resulting in the sale of its operations in Belfast and Morocco. [90]
Bombardier Aerospace fiscal or calendar year delivery of regional, business and amphibious aircraft:
Fiscal/calendar year | Commercial | Business | Amphibious | Total deliveries | Net orders | ||||
---|---|---|---|---|---|---|---|---|---|
C Series | CRJ | Q-Series | Learjet | Challenger | Global | CL-415 | |||
1999/00 | 81 | 23 | 109 | 40 | 34 | 5 | 292 | ||
2000 | 105 | 52 | 129 | 38 | 36 | 10 | 370 [97] | ||
2001 | 165 | 41 | 96 | 45 | 21 | 2 | 370 [98] | ||
2002 | 191 | 29 | 38 | 23 | 16 | 1 | 298 [99] | ||
2003 | 214 | 19 | 41 | 31 | 17 | 3 | 324 | ||
2004 | 175 | 22 | 47 | 62 | 22 | 1 | 329 [100] | ||
2005 | 110 | 28 | 69 | 98 | 30 | 2 | 337 [101] | ||
2006 | 64 | 48 | 71 | 99 | 42 | 2 | 326 | 363 | |
2007 | 62 | 66 | 81 | 103 | 48 | 1 | 361 [102] | 698 | |
2008 | 56 | 54 | 70 | 116 | 53 | 4 | 353 [103] | 367 | |
2009 | 60 | 61 | 44 | 82 | 50 | 5 | 302 [104] | 11 | |
2010 | 41 | 56 | 33 | 63 | 47 | 4 | 244 [105] | 201 | |
2011 | 33 | 45 | 33 | 79 | 51 | 4 | 245 | 249 | |
2012 | 14 | 36 | 39 | 86 | 54 | 4 | 233 [106] | 481 | |
2013 | 26 | 29 | 29 | 89 | 62 | 3 | 238 [107] | 388 | |
2014 | 59 | 25 | 34 | 90 | 80 | 2 | 290 [108] | 282 | |
2015 | 44 | 29 | 32 | 94 | 73 | 3 | 275 [109] | 27 | |
2016 | 7 | 46 | 33 | 24 | 88 | 51 | 249 [110] | 275 | |
2017 | 17 | 26 | 30 | 14 | 81 | 45 | 213 [111] [112] |
Bombardier agreed in October to sell Airbus a 50.01 percent stake in its flagship commercial jet for a token fee of one Canadian dollar,
Following the agreement, Airbus will acquire 50.01% of the program for a token one canadian dollar. Bombardier should keep a stake of about 31%, while the part of the government from Quebec will be reduced to about 19%.
A spokesman for Innovation Minister Navdeep Bains, who is leading the review of Bombardier's request, declined to comment on the government offer
Federal government officials have said they do not want to imitate the structure of a separate 2015 deal the province of Quebec struck to support the CSeries, which some felt did not impose enough conditions on the company.
"It's not our intention to change anything in this regard," Bombardier Executive Chairman Pierre Beaudoin said on 29 April, referring to the dual-class share structure.
It's a highly innovative Canadian sector. It's got the potential to be a growing and important part of our economy. We're looking at how we can enhance Canada's capability to be innovative – and focusing on a place where you've already got world-leading companies and world-leading technologies makes absolute sense.
{{cite web}}
: CS1 maint: numeric names: authors list (link)Bombardier Inc. is a Canadian business jet manufacturer. Headquartered in Montreal, the company was founded in 1942 by Joseph-Armand Bombardier to market his snowmobiles and became one of the world's biggest producers of aircraft and trains.
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry.
airBaltic, legally incorporated as AS Air Baltic Corporation, is the flag carrier of Latvia, with its head office on the grounds of Riga International Airport in Mārupe municipality near Riga. Its main hub is Riga, and it operates bases in Tallinn, Vilnius, Tampere and a seasonal base in Las Palmas launched in 2023. It is 97% owned by the Government of Latvia. It operates flights solely on Airbus A220 planes. It operates a frequent-flyer program and a buy on board menu offering food and drinks for purchase.
The Bombardier CRJ/Mitsubishi CRJ or CRJ Series is a family of regional jets introduced in 1991 by Bombardier Aerospace. The CRJ was manufactured by Bombardier Aerospace with the manufacturing of the first CRJ generation, the CRJ100/200 starting in 1991 and the second CRJ generation, the CRJ700 series starting in 1999.
The De Havilland Canada DHC-8, commonly known as the Dash 8, is a series of turboprop-powered regional airliners, introduced by de Havilland Canada (DHC) in 1984. DHC was bought by Boeing in 1986, then by Bombardier in 1992, then by Longview Aviation Capital in 2019; Longview revived the De Havilland Canada brand. Powered by two Pratt & Whitney Canada PW150s, it was developed from the Dash 7 with improved cruise performance and lower operational costs, but without STOL performance. The Dash 8 was offered in four sizes: the initial Series 100 (1984–2005), the more powerful Series 200 (1995–2009) with 37–40 seats, the Series 300 (1989–2009) with 50–56 seats, and Series 400 (1999–2022) with 68–90 seats. The QSeries are post-1997 variants fitted with active noise control systems.
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Spirit AeroSystems Holdings, Inc. is an American manufacturer of aerostructures for commercial airplanes, headquartered in Wichita, Kansas. The company produces fuselage sections for Boeing's 737 and 787 aircraft, as well as the flight deck sections for a majority of Boeing airliners. Spirit also supplies Airbus with fuselage sections and front wing spars for the A350 and wings for the A220. Spirit's primary competitors in the aerostructures market include Collins Aerospace, Kawasaki Heavy Industries, Leonardo, and Triumph Group.
A regional jet (RJ) is a jet-powered regional airliner with fewer than 100 seats. The first one was the Sud-Aviation Caravelle in 1959, followed by the widespread Yakovlev Yak-40, Fokker F-28, and BAe 146. The 1990s saw the emergence of the Canadair Regional Jet and its Embraer Regional Jet counterpart, then the larger Embraer E-Jet and multiple competing projects. In the US, they are limited in size by scope clauses.
A narrow-body aircraft or single-aisle aircraft is an airliner arranged along a single aisle, permitting up to 6-abreast seating in a cabin less than 4 metres (13 ft) in width. In contrast, a wide-body aircraft is a larger airliner usually configured with multiple aisles and a fuselage diameter of more than 5 metres (16 ft), allowing at least seven-abreast seating and often more travel classes.
The Bombardier CRJ700 series is a family of regional jet airliners that were designed and manufactured by Canadian transportation conglomerate Bombardier. Officially launched in 1997, the CRJ700's maiden flight took place on 27 May 1999; it was soon followed by the stretched CRJ900 variant. Several additional variants of the type were subsequently introduced, including the elongated CRJ1000 and the CRJ550 and CRJ705, which were modified to comply with scope clauses. The CRJ program was acquired by the Japanese corporation Mitsubishi Heavy Industries in 2020, which ended production of the aircraft.
The Mitsubishi SpaceJet was a regional jet project by Japanese company Mitsubishi Aircraft Corporation (MAC), a Mitsubishi Heavy Industries (MHI) subsidiary. MHI first announced the concept in June 2007, then targeting certification for 2012, as the first Japanese airliner since the 1962 NAMC YS-11. After a delayed development, the maiden flight of the MRJ90 took place on 11 November 2015. In June 2019, Mitsubishi rebranded the Mitsubishi Regional Jet program as the SpaceJet. As flight testing took longer than expected, the scheduled entry into service was further pushed back until development was first paused in October 2020, and subsequently cancelled altogether in February 2023.
The Commercial Aircraft Corporation of China, Ltd. is a Chinese state-owned aerospace manufacturer established on 11 May 2008 in Shanghai. The headquarters are in Pudong, Shanghai. The company has a registered capital of RMB 19 billion. The corporation is a designer and constructor of large passenger aircraft with capacities of over 150 passengers.
Mitsubishi Aircraft Corporation, abbreviated MITAC, was a Japanese company that developed, produced, sold and supported the Mitsubishi SpaceJet passenger airliners. The manufacturing of the aircraft was planned to be carried out by parent company Mitsubishi Heavy Industries (MHI). In February 2023, its parent company MHI terminated the Spacejet project.
Stelia Aerospace is an aerospace company headquartered in Toulouse, France. It specializes in designing and manufacture of aerostructures, pilot seats and premium class passenger seats, mainly for the commercial aviation sector.
The Airbus U.S. Manufacturing Facility is an assembly site for Airbus's Commercial Airplanes division, located at the Mobile Aeroplex at Brookley in Mobile, Alabama, United States. The plant is an assembly and delivery site for Airbus commercial aircraft in the United States and one of the largest employment centers in the state. The site is one of four final assembly and delivery points for the Airbus A320neo family and one of two final assembly and delivery points for the Airbus A220.
On 28 April 2016, Bombardier Aerospace, a division of Bombardier Inc., recorded a firm order from Delta Air Lines for 75 CSeries CS100s plus 50 options. On 27 April 2017, The Boeing Company filed a petition for dumping them at $19.6m each, below their $33.2m production cost. On the same day, both Bombardier and the government of Canada rejected Boeing's claim, vowing to mount a "vigorous defence".
This is a list of aviation-related events in 2018.
Investissement Québec is a company established in 1998 under an act passed by the National Assembly of Quebec to favour investment in Quebec by Quebec-based and international companies. Its registered office is located in Quebec City. In December 2010 it took over the Société générale de financement.