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Some C-Series Canadian Pride Here. Beauty!


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  • 1 month later...

Update on it's performance:

CS100 flies transatlantic nonstop from London City

  • 26 March, 2017
  • SOURCE: Flightglobal Pro
  • BY: David Kaminski-Morrow
  • London

Bombardier has conducted a nonstop transatlantic service from London City airport using a CS100 test aircraft.

The twinjet departed London City at around 11:40 on 25 March, after carrying out steep-approach trials.

Bombardier confirms the CSeries completed its first transatlantic nonstop flight from the downtown airport, after it arrived at New York JFK around 19:15.

 

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Bombardier

The great-circle distance between the two airports is just over 3,000nm but operations out of London City are complicated by its short runway which restricts payload.

Bombardier has indicated that the CS100 is capable of reaching North American destinations from London City with a 40-seat premium configuration.

British Airways operates 32-seat Airbus A318s on the JFK route but has to carry out a technical stop at Shannon.

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Amazing indeed.  4948 ft runway with 3934 ft available for take off and 394 ft available for stopway!  The question begs what was the payload that was carried/available ?  I always thought Porter's plans for this aircraft at YTZ was pie in the sky (LAX SFO etc)  perhaps I need to eat crow. This thing is an A318 on steroids.  Note older Jeppy 2006.

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From the Bombardier statement " Bombardier Commercial Aircraft confirmed today that a C Series aircraft with a representative payload successfully flew non-stop from London City Airport (LCY) to John F. Kennedy"

No idea what a "representative payload" is, but they are saying it is designed to carry 40 pax out of there direct to North America.

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Great airplane but.....

March 29, 2017 3:19 pm
Updated: March 29, 2017 3:36 pm

Bombardier exec compensation ballooned as company sought massive gov’t handouts

By Ross Marowits The Canadian Press their compensation rise by nearly 50 per cent last year at a time when it laid off thousands of workers, sought government aid and saw the first CSeries passenger jet take flight.

Total compensation for the Montreal-based company’s top five executives and board chairman Pierre Beaudoin was US$32.6 million in 2016, up from US$21.9 million the year before, according to a proxy circular ahead of its May 11 annual meeting.

CEO Alain Bellemare received US$9.5 million, up from US$6.4 million in 2015, including US$5.2 million in share and option-based awards and a US$1 million salary. His annual bonus almost doubled to US$2.36 million.

READ MORE: Metrolinx, Bombardier back in court over light rail vehicle contract

Beaudoin’s compensation increased to US$5.25 million from US$3.85 million a year earlier.

The chief financial officer and heads of business and commercial aircraft each received more than US$4 million, while the head of the railway division’s compensation increased 93 per cent to US$4.7 million. All of the men were hired at various times in 2015 as part of a corporate renewal Bellemare put in place after he started in February of that year.

In the regulatory filing, Bombardier attributed the higher compensation to a number of factors, including achieving profit and cash flow targets, securing CSeries orders and completing the first flight of the Global 7000 business jet.

Bellemare was also credited with achieving earnings at the high end of the company’s guidance, exceeding profit margin targets in all business segments and making significant progress on achieving the company’s plan to revive its fortunes.

Company spokesman Simon Letendre added that a large portion of the compensation is not guaranteed.

“For instance, 85 per cent of the compensation of the president and CEO is at risk and 28 per cent is comprised of stock options whose value depends on the appreciation of the Bombardier stock, something that would of course benefit all shareholders,” he wrote in an email.

The details come as a court battle between Ontario transportation agency Metrolinx and Bombardier continues over the delivery of light rail vehicles for the Eglinton Crosstown line in Toronto.

Bombardier is fighting to prevent the provincial agency from terminating its $770-million contract for 182 vehicles.

Metrolinx claims the Quebec-based plane and train manufacturer repeatedly failed to deliver a prototype vehicle on time for the scheduled 2021 opening of the $5.3-billion line.

The company is also seeking an injunction to prevent the provincial transit agency from ending the contract.

Bombardier is in the midst of a five-year turnaround plan that has involved mass layoffs as it tries to regain its financial footing. It is eliminating 14,500 jobs around the world by the end of next year.

Shares of Bombardier (TSX:BBD.B) last year increased 61 per cent to $2.16 on the Toronto Stock Exchange. They gained three cents at $2.11 in Wednesday afternoon trading.

The company cut its loss to US$981 million last year, down from US$5.34 billion in 2015 despite lower revenues.

The federal government announced in February a $372.5-million loan for the CSeries and Global 7000 programs to be repaid over 15 years.

Last year, Bombardier received a US$1-billion investment for the CSeries program from the Quebec government in exchange for a 49.5 per cent stake. The company also sold a 30 per cent stake in its railway division to pension fund manager Caisse de depot for US$1.5 billion.

Bombardier also revealed Wednesday that former Quebec premier Daniel Johnson and ex-Bell and Nortel CEO Jean Monty are stepping down from its board of directors. They will be replaced by Camso CEO Pierre Marcouiller and Antony Tyler, former CEO of Cathay Pacific Airways and the International Air Transport Association.

With files from Global News

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I read this a few hours ago and have been doing a slow burn since then.

This is exactly what people hate about Bombardier.  Cancel all of the subsidies to them and if that means they need to cancel the C-series then so be it.

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Where do these "Top Execs" get off taking credit for building the aircraft anyway.  none of these guys could build an airplane.  The credit needs to go to the thousands of workers that engineered and assembled the aircraft.

Nothing makes me more angry than when someone takes credit for the hard work of others.  All those workers got was laid off for all their hard work.

 

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PS: It's sad to note that the manufacturer was forced to showcase the machine's tremendous range and short field performance capabilities in a foreign country when CYTZ and Porter were standing ready here at home.

 

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2 hours ago, DEFCON said:

I'm a total fan of the aircraft, but something has to be done about the management gang of this outfit.


https://www.therebel.media/bombardier-pay-us-back

 

Bombardier defers executive salary rises amid outcry

Bombardier CSeries jetImage copyright Getty Images Image caption Bombardier's C-series jets began rollout in 2016, thanks to major contributions from both Quebec and the federal government.

Canadian plane and train manufacturer Bombardier has said it will defer some hefty executive pay increases following a public outcry.

The company's decision last week to grant the equivalent of a 50% pay rise to six top executives sparked outrage.

Quebec's government agreed to a CA$1.34bn ($1bn; £800m) bailout in 2016, a year after it teetered on the edge of bankruptcy.

Prime Minister Justin Trudeau said he was "not pleased" with the pay hike.

But he welcomed the change of heart.

Protesters gathered outside the firm's headquarters in Montreal on Sunday, hours before Bombardier relented and said the rises would be deferred to 2020.

They will be payable only if the firm achieved performance goals, it said.

"Over the past 75 years, our fellow citizens have always been by our side," said Bombardier chief executive Alain Bellemare on Sunday night.

"It is because of this deep relationship that we are sensitive to the public reaction to our executive compensation practices."

He was one of the six executives who were set to receive payments of CA$43.7m ($32.6m; £26.1m) in 2016.

That was up from CA$30m the year before, according to regulatory filings.

Bombardier originally justified the pay increases as a necessary measure to retain top talent.

But two Quebec cabinet ministers pressured the company last week to heed the backlash.

The Quebec Premier Philippe Couillard tweeted that he was "satisfied" with Sunday's climb-down by the firm.

The Quebec government last year invested CA$1.34bn in Bombardier's C-Series aircraft programme in return for a nearly 50% stake.

In February, the federal government agreed to give the company CA$372.5m in interest-free loans.

In 2016, Bombardier also announced lay-offs for 14,500 people, including about 20% of its workforce in Belfast.

The redundancies came as the firm secured orders with Delta Air Lines and Air Canada and made its maiden commercial voyage with Swiss Air Lines.

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  • 1 month later...

Swiss receives first CS300 for Geneva build-up

  • 26 May, 2017
  • SOURCE: Flightglobal Pro
  • BY: Stephen Trimble
  • Washington DC

Swiss will begin a long-planned counter-attack to Easyjet’s growing dominance in Geneva on 1 June, with the delivery of its first Bombardier CS300.

The Lufthansa Group subsidiary took delivery of the 128-seat aircraft (MSN 55010) on 26 May, Bombardier announces today.

The CS300 will be the first CSeries family member in Swiss livery to be based outside of Zurich and to enter service. Bombardier has previously delivered eight 108-seat CS100s to the Star Alliance carrier and CSeries launch customer.

“Our first CS300 will be initially stationed in Geneva, where its superior comfort credentials will be excellently suited to this premium travel market," says Thomas Klühr, chief executive of Swiss, in a statement.

Swiss has been on the defensive in Geneva for several years as European low-cost carrier Easyjet has come to dominate the market, leaving the Zurich-based airline with only a 20% share in Switzerland’s second-largest city.

One option considered by Swiss was to vacate the Geneva market, allowing low-cost sister carrier Eurowings to defend the local market against Easyjet. However, airline executives worried about retreating to a single short-haul base within Switzerland.

Instead, Swiss launched a plan to respond to Easyjet’s low-cost Airbus A320 layout with the CSeries family, the first all-new entrant to narrowbody market in 30 years.

As the CSeries launch operator, Swiss has orders for 10 CS100s and 20 CS300s, with 11 aircraft deliveries still to come.

The delivery is Bombardier’s 12th of the CSeries family and its fifth aircraft to date this year. The Canadian manufacturer plans to deliver 30 to 35 CSeries aircraft overall in 2017, with the rate accelerating in the second half as more Pratt & Whitney engines become available.

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On 4/3/2017 at 2:29 PM, DEFCON said:

PS: It's sad to note that the manufacturer was forced to showcase the machine's tremendous range and short field performance capabilities in a foreign country when CYTZ and Porter were standing ready here at home.

I agree but the runway at YTZ still needs a minimum of 1000 ft more. 

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Alas, the extension was part of a plan to make Canada great again, but then came liberal domination.

When it comes to aviation, this Country seems to suffer from arrowitis disease.

 

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