November 23, 2015
Bombardier has struck a deal to sell a 30% stake in its locomotive unit to the Caisse de dépôt et placement du Québec (CDPQ), Quebec's second largest pension fund, in exchange for a $1.5 billion investment. The cash influx was hailed by CEO Alain Bellemare as providing Bombardier the "safety net" needed to completed development and service introduction of the C-Series.
Bombardier has announced that it has completed certification flight tests for the CS100 C-Series aircraft, and is awaiting final review by Transport Canada.
Bombardier is vieing to close a deal with United Airlines to supply United's next regional aircraft. United is evaluating both the C-Series and Embraer's E198-E2 for the role. Both aircraft are powered by Pratt & Whitney's Geared Turbofan (TM) engines.
CFM International has gained dual FAA and EASA (European) certification for its LEAP-1A engine, which is one of two engines offered for the Airbus A320 NEO aircraft. The other engine option for the NEO, Pratt & Whitney's PW1100G Geared Turbofan (TM) engine was certified last year. CFM International is a partnership between GE Aircraft Engines and Snecma of France.
An Airbus A320 NEO flight test airplane was tracked performing loops over Ireland, in what AirLive.net described as the pilots "having fun." No confirmation was provided by Airbus as to whether the loops were part of the planned flight test.