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Company Watch - Bombardier.


Oct 30, 2006

Boeing (language) BOEING - An early system on the IBM 1130.

[Listed in CACM 2(5):16, May 1959].
 could aim at the Bombardier CSeries' potential market after discontinuing its 717 jet earlier this year. There has been speculation that Bombardier's Brazilian rival, Embraer, is looking at an E200 Series that would target the same category. Bombardier could go ahead with the CSeries without locking in a major airline as launch customer. Oct 23, 2006

Bombardier To Cut CRJ CRJ Canadair Regional Jet
CRJ Chiropractic Research Journal
CRJ Commission for Racial Justice
CRJ Cylinder Reduction Jumper
 Output, 1,330 Jobs. Bombardier said on Tuesday Tuesday: see week.  it will lower production of its regional jets by a third and cut 1,330 jobs in Montreal Montreal (mŏn'trēôl`), Fr. Montréal (môNrāäl`), city (1991 pop. 1,017,666), S Que., Canada, on Montreal island, surrounded by St. Lawrence River and Rivière des Prairies.  and Belfast, or almost 5 percent of its aerospace work force. Bombardier is reducing production of its CRJ700/900 line and eliminating some 1,330 jobs, with the cut in the larger regional jet program offset somewhat by an increase in production of Q400 turboprops. Oct 24, 2006

Bombardier Could Launch New Jet This Year. Bombardier could decide by year-end to revive To renew.

For example, revival is the act of renewing the legal force of a contract or debt, either by acknowledging it or by giving a new promise, when the contract or debt is no longer a sufficient foundation for a lawsuit because it is barred by the running of the Statute
 its dormant Latent; inactive; silent. That which is dormant is not used, asserted, or enforced.

A dormant partner is a member of a partnership who has a financial interest yet is silent, in that he or she takes no control over the business.
 plan to build a new 110- to 130-passenger jet, an analyst said on Monday. Oct 23, 2006

Bombardier recently announced two big orders for its regional jets, but analysts have said the company needs to land more in the weeks ahead to avoid cutting back production. Oct 23, 2006

Bombardier spokesman Marc Duchesne said the company's board still requires orders of 50 to 100 units for the CSeries jet to get the green light. Bombardier expects to decide definitely on the CSeries by January 31 and on the 96-seat CRJ900X after then. If approved, the CSeries would go into service by 2013, while the CRJ900X would be available for 2008. For the roughly USD USD

In currencies, this is the abbreviation for the U.S. Dollar.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
$1 billion development of a new engine for the CSeries, possible partners include General Electric and Pratt & Whitney, either separately or in a joint venture between the two. The CSeries is key for Bombardier's future because without a new family of jets its commercial aircraft business could dwindle dwin·dle  
v. dwin·dled, dwin·dling, dwin·dles

v.intr.
To become gradually less until little remains.

v.tr.
To cause to dwindle. See Synonyms at decrease.
, despite the robust market for business jets, Kavafian warned. Oct 23, 2006

Jacques Kavafian, an analyst at Research Capital, said Bombardier may launch the USD$2 billion CSeries program after all, in conjunction with its proposed USD$300 million plan for the CRJ900X, a 98-seat stretch version of its 86-seat CRJ900. Kavafian said he agreed with Bombardier's view that there is a global market over 20 years for some 5,000 aircraft seating 100 to 135 passengers. Oct 23, 2006

Many of the aircraft built in the past by Bombardier have been to serve the lower end of the range, 100 to 120 seats, are not economical, and the world's leading jet makers, Boeing and Airbus have not been successful in filling the gap, he said. Bombardier halted the CSeries project in late January, saying it could not find enough customers to justify the development program. The company, which is the world's third-largest civil aircraft maker, has said the program is simply on hold, not abandoned, and that it ultimately could decide to go ahead with it. Oct 23, 2006

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Oct 23, 2006
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Publication:Airguide Online
Date:Oct 30, 2006
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