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

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

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

Regional operations with the Turboprop, prop-jet or Jet

We examined the future of turboprop airliners Jan. 5, 2015, analyzing the backlogs of Bombardier and ATR–and the ATR overwhelming dominance of the current turboprop sector. This is the second of a series looking at this sector. By… Read More

Single-aisle values, lease rates stable; smaller mainline jets struggle

Special to Leeham News and Comment By Gueric Dechavanne Collateral Verifications Feb. 8, 2015: Apart from a few unfortunate events, the industry has been moving along quite nicely so far in 2015. Used single-aisle aircraft values and lease… Read More

Odds and Ends: KC-390 first flight; A400M; AirAsia 8501; Bombardier credibility

KC-390 first flight: Embraer’s largest airplane ever built, the KC-390 tanker/transport, made its first flight today. We profiled the airplane last October following our visit to Brazil. The airplane fulfills needs for Brazil’s vast geography to supply its… Read More

Odds and Ends: AirAsia 8501; SkyMark Airlines bankruptcy; One year for MH370; Billy Bishop Airport; PNAA conference

Jan. 29, 2015: AirAsia 8501: The first report by the Indonesian government has been issued, per international rules, but the public portion is pretty uninformative if press reports are to be believed. At the same time, leaks indicate… Read More