Bombardier Planning to Deliver 4 Global 7000 Aircraft per Month in 2019 - Q400 and Viking Air...
"Commercial Aircraft" division will change its name to "Regional Aircraft"
15:35 (19:35 UTC) - May 3, 2018 - Quebec, Canada by Sylvain Faust
With the Downsview property sold, the planning to move the Global 5000/6000/7000 assembly line has started
Confirmed today (what I reported 2 days ago), Toronto Pearson airport would be the next location for the Global 5000/6000/7000 assembly facility.
Note that Bombardier is making "no planning" in regard of moving the Q400 assembly line from Downsview, but it has to go somewhere... As I reported already, it seems that it would be sold to Viking Air. The person in charge of the communications at Viking Air sent me this: "we are not in talks with Bombardier on the Q400 program". Might it be because it is at a very high level so far?
Also, as I reported 2 days ago, it "seems" that Viking Air is not the only potential acquirer. I was also told that Bombardier CEO Bellemare has no intention to invest any dollars on the Q400 program, and you, to focus on it! Remember, the Q400 Union labor contract is over on June 22. What a timing.......
One Source confirms that talks are at a highest level still so far and not "concrete yet" but Bombardier is definitively looking to let go its Commercial Aircraft business totally, Q400 first.
With the Q400 in the process if being sold, Bombardier will be renaming its "Commercial Aircraft" division to "Regional Aircraft" on the closing of the CSeries deal with Airbus. This is scheduled to be completed by the end of this month, May 2018.
More on the Global front - Global 6500 - 7500
With the recently announced extended range on the Global 7000, now at 7700 nautical miles (14260 km) Bombardier no longer sees a business case for the Global 8000. Instead, some new improved performances should be announced but for the Global 6000 this time. Hey why not calling the improved Global 6000 to 6500 instead and the Global 7000 to 7500?
Management really has no plan to upgrade the CRJ, no new engine, no new money. As I mentioned 2 days ago Bombardier will have to be moving the CRJ assembly line out of Mirabel, out of the Airbus A200 facility. The plan for Bombardier is to be going away from all commercial aircraft products. Read more here.
But, I asked my sources, where will the future investment money go? I'm told "Learjet and Challenger" product lines. Learjet 85? Maybe if they move the "out of-autoclave" parts manufacturing from its current geographical location? That would be a quick and easy way to add back US$2.6 billion to the balance sheet. In January 2015 Bombardier suspended the Learjet 85 to concentrate on the CSeries and Global 7000/8000 instead because the company was running out of cash. The Learjet 85 was later written off the books.
The CSeries is now done and gone, Global 7000 is almost all certified and there is no need for the Global 8000... Ok, I won't say more on the subject. Ok, one more thing… There will not be any new program launch at Bombardier until 2020 or 2021.
Intel says that the current Global 7000 order book to be at almost 300 aircraft. Bombardier would be planning to deliver almost 50 Global 7000 aircraft in 2019, necessary to succeed with the company's turn around targets.
Rob Dewar says "Bye Bye Bombardier" and is moving on with Airbus. A big lost for Bombardier. That was confirmed yesterday.
Did you know, SWISS has a flown all its first 18 CSeries more than 38000 hours all together? SWISS first CSeries (also the first officially delivered to a customer) that entered into official operation at the beginning of July 2016 has now almost 4500 flying hours spread on over 4100+ flight cycles. I had the chance to fly on that first SWISS CSeries aircraft in Zurich at its official presentation on July 6, 2016. Thanks to SWISS again for inviting me. SWISS first CSeries is a CS100, MSN 55010. Airbus is now the owner of a very nice aircraft...
Sylvain Faust, Fliegerfaust