Monday, October 31, 2016

Single Aisle News - October 31, 2016

October 31, 2016


Spirit Airlines CEO Bob Fornaro has revealed that the airline is evaluating a possible order for Bombardier's CS100 C-Series.  Spirit currently operates an all-Airbus fleet, and was the first North American customer to take delivery of the A320 NEO.
https://www.thestreet.com/story/13866082/1/spirit-ceo-hails-aircraft-maker-competition-will-look-at-bombardier-cs-100.html
http://www.fool.com/investing/2016/10/29/bombardier-looks-for-cseries-jet-orders-can-it-lan.aspx


Republic Airways Holdings has deferred its order for 40 Bombardier CS300 aircraft, as it udergoes bankruptcy proceedings.  Republic was Bombardier's first North American C-Series customer.
http://www.ch-aviation.com/portal/news/50416-republic-defers-cseries-order-in-deal-with-bombardier


Bombardier's prototype CS300 aircraft has arrived in Zhuhai, China where it will be on static display for the Zhuhai Air Show.  It is estimated that China will take delivery of 1150 aircraft in the 100 to 150 seat size class during the next 20 years, making it a potentially significant market if Bombardier can break into it.  The C-Series features an aluminum-lithium fuselage that is expected to be co-produced by a Chinese supplier.
http://www.marketwired.com/press-release/bombardier-c-series-aircraft-makes-its-china-debut-tsx-bbd.a-2170877.htm


Embraer has reached a $205.5 million corruption settlement with the governments of the United States and Brazil.
http://in.reuters.com/article/embraer-corruption-idINKCN12O20V


SAS Scandanavian Airlines has taken delivery of its first Airbus A320 NEO, powered by CFM International LEAP-1A engines.
http://atwonline.com/airframes/sas-scandinavian-airlines-takes-delivery-first-a320neo


Frontier Airlines became the first customer in the U.S. to receive an A320 NEO equipped with CFM International LEAP-1A engines.
http://satprnews.com/2016/10/26/frontier-airlines-takes-delivery-of-its-first-a320neo/


CFM International partner Safran has announced that over 40 LEAP-1A engines have been delivered to date to Airbus for installation aboard the A320 NEO.  The LEAP-1A competes with Pratt & Whitney's PW1100G Geared TurboFan engine for A320 NEO customers.
https://www.flightglobal.com/news/articles/over-40-leap-1a-engines-delivered-safran-430698/


Airbus has decreased the number of A320 NEOs that it has forecast to be built in 2016 due to engine delivery snags, from 20% of total A320 deliveries to less than 15%.  The manufacturer has also increased the number of A320 CEO deliveries to make up the difference.  Airbus executives report that third quarter profits were down due to delays in both A320 NEO and A350 deliveries, both caused by supplier delivery shortfalls.
https://www.flightglobal.com/news/articles/airbus-lowers-forecast-for-a320neo-deliveries-430747/
http://www.reuters.com/article/us-airbus-group-results-idUSKCN12Q0CR


Speaking at their 3rd quarter conference call, Boeing executives confirmed that the company is still evaluating either a stretched 737 MAX-10 variant, or a new middle of the market (MoM) aircraft.
http://www.investors.com/research/ibd-industry-themes/boeing-raises-full-year-commercial-delivery-guidance-q3-tops/


Russian officials have announced that there has been no flutter issues detected during wind tunnel testing of the Irkut MC-21 design.  The MC-21 is expected to compete with the Boeing 737 MAX and Airbus A320 NEO, and features a composite wing, as well as a derivative of the Pratt & Whitney Geared TurboFan engine used on the A320 NEO.
https://www.flightglobal.com/news/articles/no-evidence-of-flutter-in-mc-21-windtunnel-tests-430696/
http://www.rusaviainsider.com/mc-21-model-tested-for-flutter/

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