By Bjorn Fehrm
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Introduction
Feb. 08, 2016, © Leeham Co: We recently covered China’s COMAC C919 and now the time has come to the other new narrow body aircraft from the old Communist bloc, the Russian MC-21.
The aircraft is called Irkut MC-21. Not many have heard of Irkut, so the first reaction is that this aircraft is made by a new Russian aircraft firm. The change is that United Aircraft (the Russian aircraft industry holding company) this time called the aircraft after its manufacturing company and not the design bureau, Yakovlev, that Irkut acquired in 2004. There are discussions to change back to the project’s original name Yakovlev 242 once certification is done.
When we looked at the first civil airliner that the Russian federation designed after the fall of Soviet Union, the Sukhoi Superjet 100, we found a well designed aircraft equipped with Western system. The MC-21 follows the same lines, but has more Russian technological development. It is therefore well worth a look.
Summary:
- The MC-21 has its own profile. It is not a copy of a Western aircraft. It has a wider cabin than the A320, a wing which allows a higher cruise speed and a higher capacity in its base variant, the MC-21-300.
- To make a meaningful comparison between the MC-21 and established aircraft, we have chosen to compare the MC-21-200 with the Airbus A320neo, as the MC-21-300 is larger than the A320neo but smaller than an A321neo. The MC-21-200 is closer in size to an A320neo. Read more
Airbus needs more vertical integration, says official
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Introduction
John Leahy, chief operating officer-customers. Airbus photo.
March 3, 2016, © Leeham Co.: Airbus may well have avoided the supplier-driven delivery delays on its A350s had the company brought some key work in-house and become more vertically integrated, says its chief operating officer-customers.
Airbus has been bedeviled by delays in business class seat and galley deliveries from supplier Zodiac, resulting in delayed deliveries of the A350-900 to several airlines.
John Leahy, in an interview with LNC at the International Society for Aircraft Transport Trading (ISTAT) conference Feb. 29-March 1 in Phoenix (AZ), said Airbus shouldn’t be at the mercy of suppliers of interiors. His wide-ranging interview also touched on several other topics.
Summary
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3 Comments
Posted on March 3, 2016 by Scott Hamilton
Airbus, Boeing, Bombardier, CFM, CSeries, ISTAT, Leeham News and Comment, Pratt & Whitney, Premium
737-7, 737-700, 787, A319, A320NEO, A330-900, A350, Airbus, Boeing, CFM, GTF, ISTAT, John Leahy, LEAP, Pratt & Whitney, Zodiac
ISTAT Day 1: Used 777 values depend on engines, leases
Feb. 29, 2016 (c) Leeham Co.: The Boeing 777-200ER is not worth $7.7m or even $10m,
but $37m to $47m, according to four appraisers who appeared today at the ISTAT AGM.
Doug Kelly of the consulting/appraisal firm Avitas notes that the Rolls-Royce Trent-powered 777s are, indeed, the least desirable airplanes. GE or PW-powered airplanes commands a $7m premium, he said.
AerCap is selling 777-200ERs with leases attached for more than $50m, Kelly said.
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8 Comments
Posted on February 29, 2016 by Scott Hamilton
Airbus, Boeing, GE Aviation, ISTAT, Pratt & Whitney, Rolls-Royce
777-200ER, 777-300ER, 787-10, 787-8, 787-9, A330-300, A350, A350-1000, Airbus, Aviation Specialists, Avitas, Boeing, GE Aviation, IBA, ISTAT, Oriek, Pratt & Whitney, Rolls-Royce
IRKUT MC-21 analysis, Part 3. The Russian engine alternative
By Bjorn Fehrm
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Introduction
Feb. 29, 2016, ©. Leeham Co: In two articles we have been looking at the new Russian single-aisle aircraft, Irkut MC-21from United Aircraft. Now it’s time to analyze the new Russian engine, PD-14, which is offered as an alternative to the base engine for the aircraft, the Pratt & Whitney PW1400G.
Summary:
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Posted on February 29, 2016 by Bjorn Fehrm
Irkut, Pratt & Whitney, Premium, United Aircraft, United Engine Corp., YAK
MC-21, PD-14, Pratt & Whitney, PW1100G, PW1400G
Pictorial from Embraer E190-E2 rollout
Feb. 25, 2016: Embraer rolled out its E190-E2 to a series of fly-bys of EMB aircraft ranging from a crop duster to the KC-390, hundreds of invited guests and media and thousands of its employees.
Here are some photos from the rollout.
E190-E2 No. 1, rolled out Feb. 25, 2016.
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6 Comments
Posted on February 25, 2016 by Scott Hamilton
Embraer, Pratt & Whitney
E190 E2, E190-E2 rollout, EJet E2, Embraer, John Slattery
Airbus Group 2015 results: A330 increase to seven per month
By Bjorn Fehrm
24 February 2016, ©. Leeham Co: Airbus will increase the production rate of the A330
from six per month to seven beginning next year, it was announced today. The move comes after reducing the rate from 10 to nine and then to six per month as demand fell for the A330ceo ahead of the development of the A330neo.
Strong sales of the ceo resulted in the about-face to increase the rate.
The news came from the Airbus Group financial results for full year 2015 today in London.
In all other aspects it was a year of solid execution with revenue up 6% to €64.5bn. Profits stayed flat at €4bn despite record deliveries; the A350 and A400M ramp-ups are costly exercises.
Other highlights were;
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1 Comment
Posted on February 24, 2016 by Bjorn Fehrm
Airbus, EADS, Pratt & Whitney
A320NEO, A330neo, A350, A380, A400M, Airbus, Airbus Group, Pratt & Whitney, Tom Enders
Rolls-Royce, short and long term outlook
By Bjorn Fehrm
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Introduction
Feb. 18, 2016, ©. Leeham Co: Rolls-Royce reported earnings for the full year results for 2015 Friday. The share price took a hike after more than one and a half years of being pressed down by bad news.
There was nothing really new that was presented last Friday, with revenue of £13.4bn and profits before tax of £1.4bn. Both results were within the market’s expectations. It was rather the lack of more bad news that made the stock soar to a new high.
We now go behind the scenes to analyze why the stock is depressed and if this is a long term state for Rolls-Royce.
Summary:
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Posted on February 18, 2016 by Bjorn Fehrm
Airbus, Airlines, Boeing, Bombardier, Emirates Airlines, Engine Alliance, GE Aviation, International Aero Engines, Pratt & Whitney, Premium, Rolls-Royce
787, A330, A330neo, A350, A380, Airbus, Boeing, Bombardier, CSeries, Emirates Airlines, Pratt & Whitney, Rolls-Royce
Air Canada orders up to 75 C Series; announced with BBD 2015 financial results
Feb. 17, 2016: The long drought is over.
The announcement comes with the company’s fourth quarter and year-end financial results and a 90-seat version of its Q400 turboprop.
The Air Canada deal is a Letter of Intent for 45 CS300s and options for 30 more, including conversion rights to CS100s. Deliveries are from 2019.
The earnings call webcast summary is below the jump.
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45 Comments
Posted on February 17, 2016 by Scott Hamilton
Airbus, Airlines, Bombardier, CSeries, Embraer, Pratt & Whitney
A320NEO, Air Canada, Airbus, Alain Bellemare, Bombardier, C Series, CS100, CS300, E-190s, Embraer, GTF, Pratt & Whitney
PNAA Day 2: Cautionary note raised
Feb. 10, 2016: Large commercial aircraft deliveries hit just under $104bn in 2015, a 4.9% gain over 2014. Regional aircraft values, however, were just $7.1bn, a decline of 10.5% year-over-year, said Richard Aboulafia, a consultant with the Teal Group.
Deliveries of all aircraft types, including military, rotocraft, etc., saw only a 0.6% increase YOY. Jetliners account for 60% of the total values.
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9 Comments
Posted on February 10, 2016 by Scott Hamilton
Airbus, Boeing, Bombardier, Embraer, Pacific Northwest Aerospace Alliance, Pratt & Whitney, Rolls-Royce
787, A380, Airbus, Boeing, Bombardier, CSeries, Embraer, Pacific Northwest Aerospace Alliance, PNAA, Richard Aboulafia, Teal Group
Irkut MC-21, first analysis
By Bjorn Fehrm
Subscription required.Introduction
Feb. 08, 2016, © Leeham Co: We recently covered China’s COMAC C919 and now the time has come to the other new narrow body aircraft from the old Communist bloc, the Russian MC-21.
The aircraft is called Irkut MC-21. Not many have heard of Irkut, so the first reaction is that this aircraft is made by a new Russian aircraft firm. The change is that United Aircraft (the Russian aircraft industry holding company) this time called the aircraft after its manufacturing company and not the design bureau, Yakovlev, that Irkut acquired in 2004. There are discussions to change back to the project’s original name Yakovlev 242 once certification is done.
When we looked at the first civil airliner that the Russian federation designed after the fall of Soviet Union, the Sukhoi Superjet 100, we found a well designed aircraft equipped with Western system. The MC-21 follows the same lines, but has more Russian technological development. It is therefore well worth a look.
Summary:
2 Comments
Posted on February 8, 2016 by Bjorn Fehrm
Airbus, China, Comac, Irkut, Pratt & Whitney, Sukhoi, United Aircraft
787, A320, A320NEO, Airbus, Boeing, Irkut, MC-21, Pratt & Whitney, United Aircraft Corp.
Analysis: Sukhoi’s regional jet Superjet 100
By Bjorn Fehrm
Subscription required
Introduction
18 January 2016, © Leeham Co: Russian aircraft have never succeeded in penetrating the Western market. But then they never really tried, until now. They were designed for the Soviet Union captive market, including the partner states that historically participated in or were friendly to the communistic system. One comes to think of China, Egypt, Libya, Cuba and Nicaragua.
The Sukhoi Civil Aircraft Company (SCAC) Superjet 100 (SSJ100) is the first Russian aircraft specifically designed from the outset to compete on a world market.
We analyse its basic design and performance in comparison to the market leader in 100 seat regional flying, Embraer’s E190.
Summary:
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1 Comment
Posted on January 18, 2016 by Bjorn Fehrm
Boeing, CFM, E-Jet, Embraer, GE Aviation, Pratt & Whitney, Premium, Sukhoi, United Aircraft, YAK
CF34, E-Jet, E190, E190 E2, SaM146, SSJ100, Sukhoi, Superjet, Superjet International
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