Monday, June 27, 2016

Single Aisle News - June 27, 2016

June 27, 2016


The provincial government of Quebec has finalized the terms for its $1 billion stake in the Bombardier C-Series program, clearing the way for the first government funds to be released this month.
http://www.theglobeandmail.com/report-on-business/bombardier-quebec-formalize-1-billion-c-series-deal/article30570998/
http://www.nationalobserver.com/2016/06/23/news/deal-finalized-quebecs-us1-billion-investment-bombardier-cseries


Air Canada is threatening to walk away from a promised order for 75 Bombardier C-Series aircraft if the company is not given more flexibility by the federal Canadian government regarding where it chooses to perform maintenance on its fleet.  The company is seeking to open additional overhaul facilities throughout Canada, in return for more flexibility regarding how work is divided and traded between the facilities.
http://business.financialpost.com/news/transportation/air-canada-inc-threatens-to-walk-away-from-bombardier-inc-cseries-deal-if-legislation-over-maintenance-isnt-passed


The Ireland-based leasing company AWAS has placed an order for an additional 12 A320 CEO and 3 A321 CEO aircraft, cashing in on discounts still being offered on the pre-NEO family aircraft, while Airbus transitions from the CEO to NEO versions in production.
http://www.aerospace-technology.com/news/newsairbus-receives-15-a320-aircraft-order-from-awas-4933687


Southwest Airlines has postponed the delivery of 67 Boeing 737 MAX-8 aircraft, out of the 200 MAX aircraft that the airline currently has on order, from 2019 to 2023.  The airline still expects to see it first 737 MAX aircraft delivered in 2017, but will defer the delivery of the full 200 aircraft until sometime after 2020.
http://www.seattletimes.com/business/southwest-delays-delivery-of-67-boeing-737-max-8-jets/
http://www.industryweek.com/leadership/boeings-19-billion-order-southwest-airlines-delayed

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