Monday, February 13, 2017

Single Aisle News - February 13, 2017

February 13, 2017


Canada's federal government has approved $282 million in "repayable program contributions" to Bombardier, to help complete production ramp-up of both the C-Series airline and the Global 7000 business jet.  Bombardier previously received a government loan from the provincial government in Quebec.
https://www.bloomberg.com/news/articles/2017-02-07/canada-said-to-announce-funding-for-bombardier-tuesday-night
http://montrealgazette.com/business/ottawa-to-announce-bombardier-investment


Luxair has revealed that the Bombardier C-Series is currently the preferred option for its plans for fleet renewal.  A final agreement, however, is not expected before 2018.
http://www.wort.lu/en/luxembourg/luxair-new-bombardier-cseries-for-luxair-589af9b0a5e74263e13aa43f


Brazilian officials have opened a formal complaint with the World Trade Organization over financial assistance provided to Bombardier by the Canadian government.
https://www.flightglobal.com/news/articles/brazil-opens-wto-case-against-bombardier-financial-a-433965/


Russian officials report that United Aircraft, the Russian holding company that includes the Irkut MC-21 development program as part of its portfolio, broke even last year, despite heavy investment in MC-21 development.
https://www.flightglobal.com/news/articles/united-aircraft-broke-even-last-year-chief-433950/


Chinese officials have stepped up their publicity campaign for the Comac C919, ahead of the airplane's first flight.
http://www.scmp.com/news/china/policies-politics/article/2068527/pictures-c919-chinas-answer-airbus-a320-and-boeing-b737


Monarch Aircraft Engineering has unveiled a technician training program to support both the Airbus A320 NEO and Boeing 737 MAX among Middle East airlines.
http://www.mro-network.com/maintenance-repair-overhaul/monarch-unveils-a320neo-737-max-fleet-training-middle-east-operators


Low-cost carrier Ryanair is expected to exercise its options to purchase a further 100 Boeing 737 MAX aircraft in the coming weeks.  Ryanair already has a firm order for 100 Boeing 737 MAX aircraft, which are due to begin delivery in 2019.
http://www.irishtimes.com/business/transport-and-tourism/ryanair-set-to-buy-further-100-boeing-737-max-aircraft-1.2967840

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