February 22, 2016
Air Canada has signed a letter of intent for the purchase of 45 Bombardier C-Series aircraft, with options on another 30 aircraft. This order follows a similar order by Air Canada last December for 61 Boeing 737 MAX aircraft.
http://airwaysnews.com/blog/2016/02/17/air-canada-cseries/
http://www.reuters.com/article/us-singapore-airshow-bombardier-idUSKCN0VR1EF
The government of Quebec, which has invested heavily in the C-Series program, announced that it was dropping a lawsuit against Air Canada shortly after Air Canada announced a letter of intent for the purchase of the C-Series. Quebec had filed suit to recover maintenance work that Air Canada had out-sourced overseas. As part of its C-Series order, however, Air Canada agreed that all C-Series heavy maintenance would be contracted locally, in Quebec.
http://www.businessinsider.com/bombardier-c-series-37-billion-air-canada-order-falls-short-of-endorsement-it-needs-2016-2
http://www.citynews.ca/2016/02/18/quebec-getting-heat-for-dropping-lawsuit-against-air-canada-in-sseries-deal/
As part of a cost-cutting effort, Bombardier has announced plans to reduce its global work force by a tenth over the next two years, eliminating some 7,000 jobs worldwide. The cuts are expected to affect both its aircraft and locomotive businesses, as the manufacturer struggles to return to profitability.
http://www.theguardian.com/business/2016/feb/17/bombardier-7000-job-losses-worldwide
Boeing's second 737 MAX prototype has emerged from the factory. The first flight for the new prototype is expected by mid-March.
http://airwaysnews.com/blog/2016/02/20/second-boeing-737-8-max-emerges/
Papua New Guinea flag carrier Air Niugini has firmed up an order for four Boeing 737 MAX aircraft.
http://australianaviation.com.au/2016/02/air-niugini-confirms-order-for-four-737-max/
The Turkish-German airline SunExpress has announced that it is exercising options for ten Boeing 737 MAX aircraft. The airline previously had firm orders placed for fifteen 737 MAX-8 aircraft.
http://www.reuters.com/article/idUSI7N11B01P
http://www.aero.de/news-23492/SunExpress-zieht-Option-fuer-zehn-Boeing-737-MAX.html
China's Okay Airways has placed an order for eleven Boeing 737 MAX aircraft, including eight 737 MAX-8 and three 737 MAX-9 versions. The airline also placed an order for one 737-900ER aircraft.
http://www.cnbc.com/2016/02/16/boeing-says-chinas-okay-airways-orders-12-737s-including-three-737-max-9s.html
Qatar Airways has announced that it will seek compensation for delays in the delivery of its first Airbus A320 NEO aircraft.
http://www.thenational.ae/business/aviation/qatar-airways-to-seek-compensation-for-delays-in-airbus-a320neo-deliveries
VietJet Air has signed an agreement with Pratt & Whitney Aircraft for the supply of PW1100G Geared Turbofan (TM) engines to equip the 63 Airbus A320 NEO family aircraft that the airline has on order.
http://economictimes.indiatimes.com/news/international/business/vietjet-air-signs-3-04-billion-deal-with-pratt-whitney/articleshow/51036450.cms
Lion Air has finalized the terms for the supply and maintenance of CFM International LEAP-1A engines to equip the 174 Airbus A320 NEO aircraft that it has on order.
https://www.onlineamd.com/article/leap1a-engines-lion-group-a320neo-021816
Mitsubishi Aircraft has won its first order from a leasing company, with the announcement that U.S.-based Aerolease Aviation has signed a letter of intent for the delivery of ten Mitsubishi Regional Jets, with another ten aircraft on option.
http://asia.nikkei.com/Business/Companies/Mitsubishi-Regional-Jet-wins-first-order-from-leasing-company
http://aviationweek.com/singapore-airshow-2016/mitsubishi-signs-first-mrj-lease
Russian industry officials have identified Iran as a leading sales candidate for the Irkut MC-21 airliner now under development.
http://sputniknews.com/business/20160218/1034947238/russia-irkut-iran-mc-21.html
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