Tuesday, September 15, 2015

Single Aisle News - September 15, 2015

September 15, 2015

After a long slump, Bombardier's stock shares finally rebounded, following news that testing has officially confirmed the new C-Series as the quietest production jetliner in its size class.  Earlier this year, Bombardier announced that the C-Series had surpassed its fuel savings target, with a confirmed range of up to 3300 n (6110 km) - 350 nm (650 km) more than originally advertized.

Bombardier executives report that the C-Series has completed 85% of its certification tests, with over 2400 hours of testing complete, and is on track to certify by year end.  The C-Series is powered by Pratt & Whitney PW1500G Geared Turbofan(TM) engines.

East European low-cost carrier Wizz Air has finalized its previously announced order for 110 Airbus A321 NEO aircraft.  The announcement increases the total NEO order book to more than 4300 firm orders.  Wizz Air had signed a memorandum of understanding for the aircraft at the Paris Air Show in June.  An engine selection for the new aircraft is expected by December 2016.

Airbus has officially opened its first final assembly plant in the United States, located in Mobile, Alabama.  Airbus executives have announced a goal of capturing 50-percent of the U.S. airline market, where the European manufacturer currently controls only a 20-percent market share.  That share is expected to increase to 40-percent, however, once current orders for the new A320 NEO family of aircraft are complete.

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