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CANADA **30 Jun 2013 Canada’s Bombardier takes on Boeing and Airbus

(ESTIMATED DATE) Bombardier Inc. has entered the market for large commercial planes and expects to fly its 160-seat new C series pl

June 30, 2013 - NULL

CANADA **30 Jun 2013 Canada's Bombardier takes on Boeing and Airbus

(ESTIMATED DATE) Bombardier Inc. has entered the market for large commercial planes and expects to fly its 160-seat new C series plane for the first time by the end of June. In introducing the new plane, it is taking on arch rivals Boeing Co., and Airbus SAS in the 100-149 seat segments of the single-aisle market. The new headache for all three companies is cautious airlines - vague commitments to buy are becoming more common than firm orders.

Explaining the change after the 2012 Farnborough International Air Show

CANADA **30 Jun 2013 Canada's Bombardier takes on Boeing and Airbus

(ESTIMATED DATE) Bombardier Inc. has entered the market for large commercial planes and expects to fly its 160-seat new C series plane for the first time by the end of June. In introducing the new plane, it is taking on arch rivals Boeing Co., and Airbus SAS in the 100-149 seat segments of the single-aisle market. The new headache for all three companies is cautious airlines - vague commitments to buy are becoming more common than firm orders.

Explaining the change after the 2012 Farnborough International Air Show, a European Industry source told Canada's Globe & Mail newspaper that many large airlines have gone into the mode of hoarding cash. The newspaper noted that airplane makers racked up billions of dollars in sales at the show - but that phrases like "letters of intent" and "memorandum of understanding" appeared in key sales announcements issued by Airbus SAS, Boeing Co. and Bombardier Inc., instead of the term "firm order."

The C Series marks Bombardier's expansion beyond business jets and regional jets. The Mirabel, Que., company also has a stretch version of the C series, which would seat as many as 180 passengers, in view. (WRITTEN MAR 2013)

KEYWORDS: C series plane, 160-seat C series plane, narrow-bodied planes, single-aisle planes, narrow-bodied plane, single-aisle plane, narrow bodied planes, single aisle planes, narrow bodied plane, single-aisle plane, market, sector, Bombardier Inc., Boeing Co., Airbus SAS, June 2013, Canada, Americas, Farnborough International Air Show, aviation news, transportation news

RELATED READING:

Bombardier targets big rivals as C Series makes its debut (Globe & Mail 7 Mar 2013)
http://www.theglobeandmail.com/globe-investor/bombardier-targets-big-rivals-as-c-series-makes-its-debut/article9441640/?utm_medium=Newsletter&utm_source
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Wary airlines spoil jet makers' party (Globe & Mail 12 Jul 2012)
http://www.theglobeandmail.com/report-on-business/international-business/european-business/wary-airlines-spoil-jet-makers-party/article4410424/

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Date written/update: 2013-06-30