Airbus posts strong earnings; ‘hell of a ride’ ahead, says CEO

By Dan Catchpole

July 26, 2018, © Leeham News: Airbus posted strong earnings for the year’s second quarter, thanks to better profitability on its A350 and A320 programs. Investors rewarded the news by pushing Airbus share prices to a 52-week high Thursday morning.

However, Airbus lowered its earnings for the full year due to its takeover of Bombardier’s troubled C Series program, since renamed the A220. Airbus plans to deliver 18 of the single-aisle jetliners this year.

Read more

Leahy, Kirby headline “Plane Truths” conference in Chicago Sept. 11-12

July 24, 2018, © Leeham News: John Leahy, who retired in January after 33 years at Airbus, and Scott Kirby, president of United Airlines, headline the Leeham Co. and Airfinance Journal conference, Plane Truths: The Next 12 Months, Sept. 11-12 in Chicago.

This will be Leahy’s first conference appearance since he retired from Airbus, where he was COO-Customers.

Plane Truths: The Next 12 Months focuses only on the key issues coming up in the next year. Click here for more information.

Officials of American Airlines, Cargolux, HiFly, Rolls-Royce, Skyworks Capital, Collateral Verifications, Embraer and Bombardier are among those who will participate.

Read more

More than 1,000 orders, commitments from Farnborough

July 23, 2018: More than 1,000 new orders and commitments were announced at the Farnborough Air Show last week, a final tally shows.

The value was more than $128bn.

Credit Suisse issued its post-air show note today with a complete listing.

Orders announced previously but were listed as Unidentified until the air show were not included.

Read more

Farnborough: E190-E2 “quietest single aisle airplane in production,” boasts CEO

July 15, 2018, © Leeham News, Farnborough: Embraer today revealed that the E190-E2 achieved better fuel burn than its target of 16%.

Flight tests showed fuel burn was 17.3% better than the E1, said Rodrigo de Souza, VP Marketing in a press briefing in advance of the official show opening tomorrow.

Wideroe Airlines, the launch operator of the E190-E2, now has three in service. De Souza said initial analysis of the operations show fuel burn is even better than the flight test results, but he declined to be specific until more operations are completed with more airplanes in a few months.

Embraer claims fuel burn is 10% better than the Airbus A220.

Wideroe’s small fleet has completed 800 flight hours at an average of seven hours a day. In eight out of 11 weeks, the fleet had 100% dispatch reliability, he said.

Read more

Pontifications: Final Farnborough forecast

Special Sunday edition of Pontifications.

By Scott Hamilton

July 15, 2018, © Leeham News: The Farnborough Air Show officially starts tomorrow, when airframers begin their public relations presentations and orders are announced.

As this is written on July 13, I’m doing a final update of what to expect from the show. It’s always risky making predictions. If they are overly optimistic or pessimistic, the predictor can look foolish.

But here goes.

LNC took its first forecast look June 25.

Read more

Airbus’ jetBlue A220 deal, first analysis

By Bjorn Fehrm

Subscription Required

Introduction

July 12, 2018, © Leeham News: The Airbus A220 won its first battle against Embraer’s E2 E-Jets, winning the order to replace 60 Embraer E190s at jetBlue. The airline held a telephone conference yesterday, presenting its choice of the A220 and explaining why it chose the A220.

JetBlue said in the call it was a close race. We analyze how close.

Summary:
  • JetBlue showed the advantages the A220-300 would have against the incumbent E190. The expected improvement in costs of 25%-30% were identified.
  • The airline wouldn’t be drawn on the difference between the A220-300 and Embraer’s E195-E2, the real competitor. Our performance model shows it’s a close race.

Read more

What are the prospects for the Airbus A220?

By Bjorn Fehrm

July 11, 2018, © Leeham News.: With the CSeries repainted and rebranded in Airbus colors, will this change its fortunes? The aircraft has been on the market for 10 years and has not been a home run in term of sales.

We look at how the A220 fits in the Airbus lineup and the sales plan the Airbus leaders say they have for the aircraft.

Read more

JetBlue orders 60 A220-300s in surprise timing

July 10, 2018, (c) Leeham News: JetBlue announced an order today for 60 Airbus A220-300s, nee Bombardier CS300s. The airline took options on 60 more.

The timing is a surprise–JetBlue previously said it would not be ready to order until toward the end of the year.

The order is a blow to Embraer, which has 60 E-190s in service with JBLU. The airline had orders for 20 more, but delivery had been deferred several times. Industry insiders told LNC the order could be canceled with little or no penalty.

The order is a blow to Embraer for the flip and for the loss of a potential E2 order. The E195-E2 seats slightly fewer passengers and has less range than the A220-300.

JetBlue has a large fleet of Airbus A320ceos, a few A321ceos and a large order book for neos.

Read more

CSeries becomes Airbus A220-100 and A220-300

By Bjorn Fehrm

July 10, 2018, © Leeham News.: Airbus launched its new A220 aircraft family today in Toulouse. The event took place at the Airbus Delivery Center at Blagnac airport with the World’s Media invited.

The Bombardier CS100 is now A220-100 and the CS300 is A220-300. The name of the newly branded family was revealed with a flyover of a CS300, sorry, A220-300 painted in Airbus colors and with the A220-300 name on the side.

Figure 1. A220-300 which flew into the A220 launch today. Source: Airbus.

Read more

MRJ’s GTF flameout traced to manufacturing issue

Editor’s note: The Farnborough Air Show begins next week. Mitsubishi is expected to have a flying display of the MRJ90 at an international air show for the first time. This is the last of three stories from Mitsubishi’s MRJ program update in Moses Lake (WA) last month.

By Dan Catchpole

July 10, 2018, © Leeham News: An engine flameout in August 2017 that left the Mitsubishi Regional Jet (MRJ) test fleet grounded for several weeks was caused by a manufacturing quality issue on a component in the Pratt & Whitney geared turbofan’s accessory gearbox, according to a Mitsubishi executive.

Source: Mitsubishi.

Related Stories

MRJ program chief Alex Bellamy said the manufacturing quality problem caused a machined component to suffer a durability issue, leading to flameout.

Read more