Bombardier 2014 earnings, 4Q negative cash flow at Aerospace, debt/equity plan

2014 earnings presentation (PDF) Feb. 12, 2015: Struggling under the strain of two years of delays for the CSeries, poor sales of the Q400 and CRJ and a disastrous LearJet program, the world’s commercial airplane maker shuffled its… Read More

Alain Bellemare, ex-CEO of United Tech division named Bombardier CEO

Feb. 12, 2015: Alain M. Bellemare, 53, was named president and CEO at Bombardier , it was announced today ahead of the company’s 2014 earnings call. The appointment is a move to restore confidence in Bombardier, its Aerospace… Read More

Boeing 757 MAX: why its operating economics does not work

By Bjorn Fehrm Introduction Feb 12, 2015: In a series of articles during the autumn we covered the replacement scenarios for Boeing’s 757-200 when used for long haul passenger operations. The series also included an interview with Boeing’s… Read More

Here’s why Boeing won’t do a “757 MAX”

Feb. 12, 2015, c. 2015 Leeham News and Comment: Boeing appeared to put to bed once and for all any prospect of reviving the 757 to fill a product gap between the 737-9 and the 787-8. Randy Tinseth,… Read More

PNAA Conference: EMB’s John Slattery: Market share from deliveries key in measuring success

Quotations are paraphrased. Feb. 11, 2015: You can market share from sales. We don’t make revenues from sales but from deliveries, says John Slattery, chief commercial officer for Embraer. EMB dominates in deliveries, he said at the Pacific… Read More

PNAA Conference: Boeing’s Tinseth dismisses Aboulafia forecast of Airbus A320 dominance; firm ” no” on 757RE

Quotations are paraphrased. Feb. 11, 2015: I don’t see a 60% market share for our competition (Airbus, single-aisle airplanes), says Randy Tinseth, VP Marketing, Boeing Commercial Airplanes, in his presentation today before the Pacific Northwest Aerospace Alliance in… Read More

PNAA Conference: Boeing’s supply chain chief: we are in a more-for-less world today

The quotations are paraphrased. Feb. 11, 2015: The reality is that we are in a more for less world now, says Kent Fisher, vice president and general manager, Supplier Management, for Boeing Commercial Aircraft. The reality is that… Read More

PNAA Conference: Aboulafia–“A lot of positivity” (except for A380, 787)

The Wall Street Journal reports that Boeing is considering restarting and re-engining the 757 in response to the Airbus A321LR. Feb. 11, 2015: We’re at the Pacific Northwest Aerospace Alliance conference in Lynnwood (WA) north of Seattle. This… Read More

Tomorrow’s Bombardier earnings call: trying to be upbeat in the midst of a tornado

Subscription Required. Introduction As the market prepares for Bombardier’s 2014 year end earnings call tomorrow, CEO Pierre Beaudoin has his work cut out for him to restore confidence among the airlines and lessors who have ordered the CSeries… Read More

Odds and Ends: CSeries; Mitsubishi MRJ; Air France; Saving airlines

CSeries: Bombardier provided a short update from program head Rob Dewar in advance of its 2014 earnings call Thursday. The flutter test has been completed, CS300 is moving toward joining the flight test fleet and the fleet has… Read More