Bye bye Q400

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Iscritto il: sab 05 gen 2008, 09:01:18

Bye bye Q400

Messaggio da leggereda kco » mar 13 nov 2018, 14:26:10

Da Flight International in mio possesso

Though the CRJ programme remains under Bombardier's wing, executives made clear on 8 November that the company's focus has moved away from commercial aviation.

"Bombardier is well positioned with our rail, business aircraft and aerostructures business," said chief executive Alain Bellemare during a third-quarter earnings call. "In the future, this will be where we will deploy our capital to [ensure] strong return on investment."

His comments came as Bombardier announced it intends to shed 5,000 jobs and sell both the Q400 twin-turboprop programme and its business aircraft training unit.

The company is "sharpening its focus on our biggest growth opportunities", Bellemare says.

Longview Aviation Capital, parent of British Columbia-based Viking Air, has agreed to purchase the Dash 8 programme, including the in-production Q400, for $300 million. Viking Air in 2016 bought Bombardier's CL line of water bombers, adding to a previous acquisition from Bombardier of ex-de Havilland Canada aircraft types.

The announcement follows the sale earlier this year by Bombardier of the Toronto Downsview site where the Q400 is assembled.

Bombardier has enjoyed some recent sales success with the type, but outstanding orders stand at only 62, according to Flight Fleets Analyzer.

Longview calls the Dash 8 a "perfect complement" to its portfolio, saying it will "continue to independently operate" the Q400 programme at Downsview until at least 2021.

Bombardier also reached a deal to sell its business aircraft training business to Canadian specialist CAE for $800 million.

Both agreements require regulatory approval and will likely close in the second half of 2019, Bombardier says.

Bellemare insists Bombardier remains committed to the CRJ, but he concedes that the programme has been losing money and says the company is keeping its options open.

"We will also continue to actively participate in the regional aircraft market," he says. "In terms of exploring strategic options - it is something that is always on the table.

"We are losing money on the CRJs. We need to see more movements [from] the suppliers in terms of reducing cost," he adds.

Bombardier holds only 54 outstanding orders for CRJ-family jets, records Fleets Analyzer.

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