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.

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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.

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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.

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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.

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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.

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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.

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Boeing, Embraer tie-up key to NMA development

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Introduction

July 9, 2018, © Leeham News: When Boeing and Embraer announced last week the Memorandum of Understanding to form a joint venture between Boeing and Embraer Commercial Airplanes, writers and analysts jumped on the bandwagon that LNC pointed out as far back as last year.

Summary

This is:

  • A strategic play;
  • About Embraer’s engineers and low-cost production in Brazil;
  • About tapping Embraer’s resources for development of the potential Boeing New Midmarket Aircraft; and
  • About EMB’s potential lead in developing a new single-aisle aircraft to replace the 737, among other things.

Additionally, a Boeing partisan sees new trade complaint against C Series.

Related stories:

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Boeing, Embraer to create commercial company, intent for defense JV

July 5, 2018: Boeing and Embraer announced an agreement to create a new company with EMB’s commercial aircraft unit and intent to create a second JV for its defense unit.

The full press release is below the jump.

Related stories:

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Pontifications: C Series to Airbus, 10 years since program launch, lower fuel burn

By Scott Hamilton

July 2, 2018, © Leeham News: Airbus officially became the majority partner yesterday of the C Series Aircraft Limited Partnership, or CSALP.

Airbus has a 50.01% stake in the LP, with Bombardier and the province of Quebec holding minority stakes.

Things will move quickly, now that Airbus has control.

Airbus is expected to announce a rebranding of the C Series at its July 10 pre-Farnborough Air Show media briefing. An aircraft is in the process of being repainted in Airbus colors for display at the event.

Bloomberg reported in April new names were to be assigned to the CS100 and CS300, probably the A210 and A230 respectively.

Construction of the new C Series Final Assembly Line in Mobile (AL) will begin sooner than expected. This was announced at the Inaugural Southeast Aerospace & Defence Conference in Mobile, organized by Leeham Co. and Airfinance Journal.

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Farnborough Air Show: No NMA, unlikely A321 Plus, no Boeing-EMB tie up

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Introduction

June 25, 2018, © Leeham News: Little in the way of excitement is expected at the Farnborough Air Show next month.

There won’t be any launch of the oft-talked about Boeing New Midmarket Aircraft (NMA, aka 797).

Airbus continues to be coy about its response to the NMA. Studies about an A321neo Plus or Plus-Plus have been talked about almost as long as Boeing has been discussing the NMA. More recently, now there’s talk of an A321 XLR.

Summary

  • Expectations for incremental airplane orders at the show should be low.
  • No NMA program launch.
  • Doubtful if Airbus launches A321neo enhancements.
  • Airbus-C Series makes its debut—but to what end?
  • Mitsubishi to showcase MRJ.
  • Bombardier renews emphasis on Q400, CRJ.
  • Embraer looks for order boost.

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