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Search: Posts Made By: peekay4
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Forum: Canada
1st Dec 2016, 17:51
Replies: 292
Views: 77,942
Posted By peekay4

Not much but better than nothing: More:...

Not much but better than nothing:


More: Bombardier sells two CSeries planes to Tanzania | Montreal Gazette...
Forum: Canada
18th Nov 2016, 14:30
Replies: 292
Views: 77,942
Posted By peekay4

No, as I've mentioned before, they have huge...

No, as I've mentioned before, they have huge supply chain problems across hundreds of suppliers, impacting all engine deliveries.

Of course some of the suppliers are more critical / troublesome...
Forum: Canada
18th Nov 2016, 14:20
Replies: 292
Views: 77,942
Posted By peekay4

They should to have enough cash to last a little...

They should to have enough cash to last a little while. They've just refinanced their debt due 2017 via new bond issuance -- although at a steep 8.5% interest rate (worse than many unsecured...
Forum: Canada
17th Nov 2016, 17:44
Replies: 292
Views: 77,942
Posted By peekay4

Willie you just proved my point. 150 of...

Willie you just proved my point.

150 of 200 is to TOTAL NUMBER of GTF engines P&W expect to deliver to EVERYONE this year (not just Bombardier). 25% reduction.

Yet Bombardier will now only...
Forum: Canada
17th Nov 2016, 12:44
Replies: 292
Views: 77,942
Posted By peekay4

It's business, not personal. :rolleyes: ...

It's business, not personal. :rolleyes:

Whenever there are supply chain disruptions, politics come into play. By politics I mean relative strengths of the companies. All else equal, larger...
Forum: Canada
16th Nov 2016, 14:13
Replies: 292
Views: 77,942
Posted By peekay4

Unfortunately P&W has separate supply-chain...

Unfortunately P&W has separate supply-chain issues that are impacting all engine deliveries, distinct from the PW1100G's technical problems.

Nearly half of P&W's suppliers weren't delivering parts...
Forum: Canada
16th Nov 2016, 02:17
Replies: 292
Views: 77,942
Posted By peekay4

Scope clauses are irrelevant here. ...

Scope clauses are irrelevant here.

Although dubbed "regional jet" the E2-195 is aimed for mainline and overseas carriers competing directly with the CS100.

You may have an argument about the...
Forum: Canada
15th Nov 2016, 18:58
Replies: 292
Views: 77,942
Posted By peekay4

The relative economics between the CS100 and the...

The relative economics between the CS100 and the E2 has not changed at all since 2014. Both Bombardier and Embraer announced performance / range improvements since then. But if anything the...
Forum: Canada
14th Nov 2016, 21:55
Replies: 292
Views: 77,942
Posted By peekay4

For shorter ranges (hey, you picked 500nm!) then...

For shorter ranges (hey, you picked 500nm!) then yes because then regionals come into play, with overlapping number of seats:
...
Forum: Canada
14th Nov 2016, 02:06
Replies: 292
Views: 77,942
Posted By peekay4

Sorry but it's worthless to compare the CSeries...

Sorry but it's worthless to compare the CSeries against older generation aircraft and using short 500nm segments on top of that. The CSeries is competing against new generation aircraft for...
Forum: Canada
1st Nov 2016, 13:06
Replies: 292
Views: 77,942
Posted By peekay4

For very short hauls (say 500nm) against an old...

For very short hauls (say 500nm) against an old 737-classic, maybe the CSeries could achieve ~ 45% improvement in fuel burn. Which is quite a lot, but it is also an unfair comparison.

On more...
Forum: Canada
28th Oct 2016, 13:53
Replies: 292
Views: 77,942
Posted By peekay4

That could be true ICT_SLB, although the Republic...

That could be true ICT_SLB, although the Republic orders were for CS300s while Delta purchased CS100s. In theory anyways they would be different slots.

Plus Delta wont take deliveries until 2018...
Forum: Canada
27th Oct 2016, 15:46
Replies: 292
Views: 77,942
Posted By peekay4

Republic Airways reach "deferral" deal with...

Republic Airways reach "deferral" deal with Bombardier:



My read: this deal effectively ends Republic's CSeries order (there is zero value for Republic to ever exercise the deferrals**) but...
Forum: Canada
25th Oct 2016, 03:38
Replies: 292
Views: 77,942
Posted By peekay4

@er340790 Unfortunately not all has been...

@er340790

Unfortunately not all has been well in the rail division. If we look at Bombardier's two big layoffs announced this year (including this latest one), the majority of the job losses have...
Forum: Canada
21st Oct 2016, 13:43
Replies: 292
Views: 77,942
Posted By peekay4

Bombardier to Cut 7,500 More Jobs Latest...

Bombardier to Cut 7,500 More Jobs

Latest cuts—on top of 7,000 layoffs unveiled in February—will result in restructuring charges of US$225 million to US$275 million.

The cuts will affect 2,000...
Forum: Canada
25th Sep 2016, 05:50
Replies: 292
Views: 77,942
Posted By peekay4

Bombardier's credit rating has been downgraded...

Bombardier's credit rating has been downgraded again by S&P even further below investment-grade after the CSeries delivery forecast was cut in half.

"Bombardier is expected to face a cash-flow...
Forum: Canada
7th Sep 2016, 03:51
Replies: 292
Views: 77,942
Posted By peekay4

Bombardier cuts CSeries delivery forecast, adjusts revenue outlook

TL;DR: Growing supply chain troubles at Pratt & Whitney adding to Bombardier's headaches with delivery cuts affecting both CS100 and CS300.

Plus P&W will prioritize its larger clients (mainly...
Forum: Canada
29th Jun 2016, 20:31
Replies: 292
Views: 77,942
Posted By peekay4

LCCs as a rule will try to stick with one type as...

LCCs as a rule will try to stick with one type as much as they can. Commonality is (almost) everything to cost savings. Pilots, maintenance, training, spare parts -- they must leverage the...
Forum: Canada
28th Jun 2016, 23:12
Replies: 292
Views: 77,942
Posted By peekay4

Yes, not very widely reported but Bill C-10 was...

Yes, not very widely reported but Bill C-10 was passed last week amending the Air Canada Public Participation Act (ACCPA).

The amendment to ACCPA was apparently part of the deal negotiated with...
Forum: Canada
23rd Jun 2016, 16:29
Replies: 292
Views: 77,942
Posted By peekay4

Well that escalated quickly...

Air Canada threatens to walk away from Bombardier CSeries over maintenance deal



More from:...
Forum: Canada
4th Jun 2016, 00:25
Replies: 292
Views: 77,942
Posted By peekay4

Airbus sales chief slams CSeries, once again...

Airbus sales chief slams CSeries, once again (https://www.flightglobal.com/news/articles/airbus-sales-chief-doubles-down-on-cseries-attack-425865/):



The last paragraph echoes what I wrote...
Forum: Canada
20th May 2016, 05:47
Replies: 292
Views: 77,942
Posted By peekay4

Bombardier removes Republic Airways from CSeries...

Bombardier removes Republic Airways from CSeries production schedule



More from:
Bombardier removes Republic Airways from CSeries production schedule...
Forum: Canada
19th May 2016, 05:04
Replies: 292
Views: 77,942
Posted By peekay4

Lol, if the deal is so good for Quebec they wont...

Lol, if the deal is so good for Quebec they wont be begging Ottawa to make an "investment" which would DILUTE the 49.5% share, now would they?

There is a reason why they've delayed making the...
Forum: Canada
18th May 2016, 06:04
Replies: 292
Views: 77,942
Posted By peekay4

No, it is NOT. Launching a new aircraft,...

No, it is NOT.

Launching a new aircraft, there is a big difference between the routine practice of selling below initial manufacturing cost, vs. selling below the book value of the aircraft.
...
Forum: Canada
14th May 2016, 06:15
Replies: 292
Views: 77,942
Posted By peekay4

Bombardier is now on the record that the CS500 is...

Bombardier is now on the record that the CS500 is not currently being considered.


I think you mean "trademarked" instead of "copyrighted".

But Bombardier abandoned the trademark in 2014,...
Forum: Canada
13th May 2016, 01:24
Replies: 292
Views: 77,942
Posted By peekay4

It's not the Quebec pension fund, but the Quebec...

It's not the Quebec pension fund, but the Quebec government (i.e., all Quebec taxpayers) which invested 49.5% in the CSeries.

But that does NOT mean that Quebec will see equitable rewards to the...
Forum: Canada
7th May 2016, 18:10
Replies: 292
Views: 77,942
Posted By peekay4

What I've repeatedly said is that the CSeries has...

What I've repeatedly said is that the CSeries has been a financial disaster; that Bombardier will not be able to recoup their investment for decades (if ever); that the investment by Quebec (and...
Forum: Canada
3rd May 2016, 04:41
Replies: 292
Views: 77,942
Posted By peekay4

That's not true Willie. First of all,...

That's not true Willie.

First of all, obviously sales of CS100 don't directly affect either Airbus or Boeing. Even when we look at the CS300, it only competes with the smallest offering from the...
Forum: Canada
2nd May 2016, 07:31
Replies: 292
Views: 77,942
Posted By peekay4

Unfortunately for Bombardier, the CSeries delays...

Unfortunately for Bombardier, the CSeries delays & budget overruns have completely changed their prospects.

As you've pointed out, the 737 MAX and A320neo are extremely successful, even on the...
Forum: Canada
1st May 2016, 22:28
Replies: 292
Views: 77,942
Posted By peekay4

OMG!! They're too successful!!! How dare they...

OMG!! They're too successful!!! How dare they sell so many aircraft!! The horror, the horror!!! :}
Forum: Canada
29th Apr 2016, 18:42
Replies: 292
Views: 77,942
Posted By peekay4

We've speculated for months now that Bombardier...

We've speculated for months now that Bombardier will have to sell the CSeries below cost (at a loss), and now we have some idea of the magnitude of that loss.

Bombardier will take a one-time...
Forum: Canada
29th Apr 2016, 02:41
Replies: 292
Views: 77,942
Posted By peekay4

Yes, Bombardier is still down 75% from the time...

Yes, Bombardier is still down 75% from the time they started the CSeries... but what do all these analysts know, right? Assuming a healthy 5% growth per year (more than the TSX average return for...
Forum: Canada
25th Apr 2016, 18:35
Replies: 292
Views: 77,942
Posted By peekay4

Well, kind of. Bombardier isn't really a...

Well, kind of.

Bombardier isn't really a threat to Boeing (or Airbus) unless it starts making CS500s. Bombardier can duke it out with Embraer all day long and Boeing won't care.

Strategically,...
Forum: Canada
22nd Apr 2016, 19:31
Replies: 292
Views: 77,942
Posted By peekay4

One rumor says it's Airbus and BBD pairing up...

One rumor says it's Airbus and BBD pairing up against Boeing (and Embraer)... it would be VERY interesting if that pans out to be true, given the botched engagement between the two and lots of future...
Forum: Canada
22nd Apr 2016, 19:20
Replies: 292
Views: 77,942
Posted By peekay4

Possible, but it would be more plausible if...

Possible, but it would be more plausible if Republic wasn't already in bankruptcy court.

But they are, so I don't think their CSeries obligations matter too much for them now. Regardless of any...
Showing results 1 to 35 of 71
 


 
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