367-80 rollout: Boeing rolled out the 707 prototype, the 367-80, 60 years ago yesterday. The Seattle Post Intelligencer has this story. The name 367-80 was an effort to infer the project was merely a derivative of the C-97 cargo airplane (the military Stratocruiser; the commercial designation was B-377), with the “80” indicating the 80th iteration of designs.
The 707 prototype is in the Smithsonian’s Udvar-Hazy wing at Washington Dulles Airport.
Air Canada keeps E-Jets: Bloomberg reports that Air Canada will keep its 25 remaining E-190 E1s, dealing a blow to Bombardier, which had hoped to sell its CSeries to Air Canada in a deal that would take out the E1s.
It’s got to be a major disappointment for Bombardier, which had hoped to sell 25 CSeries to AC in a deal that would have taken the E-190 in on trade. Boeing previously won a 737 MAX deal that will take 20 E-190s in on trade.
While a blow to BBD, looking under the hood, so-to-speak, indicates that this is an Air Canada issue and not a CSeries issue. Air Canada reported a loss of C$341m for the first quarter. Although officials attempted to dress up the loss, this is a big number, and Air Canada said it will keep the remaining E-195s to avoid incurring more debt:
With respect to the remaining 25 Embraer 190 aircraft in the airline’s fleet, after careful consideration, Air Canada has decided to continue to operate the aircraft given their young age, productivity and high customer acceptance on existing
routes and to avoid additional capital expenditures and debt.
The E-190s are also on AC’s books above current market value, according to our information, making disposal a challenging issue if the airline is to avoid an impairment charge.