Showing posts with label CRJ200. Show all posts
Showing posts with label CRJ200. Show all posts

03 June, 2020

Bombardier Concludes Sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries

Bombardier confirmed on Monday the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of liabilities by MHI related to credit and residual value guarantees and lease subsidies amounting to approximately $200 million. Under the agreement, the Corporation’s net beneficial interest in the Regional Aircraft Securitization Program (RASPRO), which is valued at approximately $170 million, has been transferred to MHI.

Through this sale, MHI acquires the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services and support network located in Montrรฉal, Quรฉbec, and Toronto, Ontario, and its service centres located in Bridgeport, West Virginia, and Tucson, Arizona, as well as the type certificates.

Bombardier will continue to supply components and spare parts and will assemble the remaining 15 CRJ aircraft in the backlog as of March 31, 2020 on behalf of MHI until the complete delivery of the current backlog, expected in the second half of 2020.

Bombardier retains certain liabilities representing a portion of the credit and residual value guarantees totalling $288 million as of March 31, 2020. This amount is largely fixed and not subject to future changes in aircraft value and is mainly payable by Bombardier over the next four years.

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02 May, 2020

American Airlines bidding a fond farewell to five fantastic fleets..........

Farewell Boeing 757-200 from American Airlines fleet                                       Photo American Airlines
The US mega-carrier American Airlines recently announced plans to accelerate the retirement of 99 older, less fuel-efficient aircraft from its fleet a fair bit sooner than it had originally planned. 

Following the record lack of demand, travel bans and restrictions caused by the coronavirus COVID-19 pandemic, American is rapidly redesigning its flying schedule for the foreseeable future and that basically means a lot less aircraft will be required to be in the air where they rightly belong.  So the massive airline is taking this opportunity to retire a total of five aircraft types all around the same time.
American has officially retired the Embraer E190 and Boeing 767 fleets, which were originally scheduled to retire by the end of 2020. The airline has also accelerated the retirement of its Boeing 757s and Airbus A330-300s. Additionally, American is retiring 19 Bombardier CRJ200 aircraft operated by PSA Airlines.

14 December, 2018

Regional One, Completes Agreement to Lease 10 CRJ200 Aircraft to SkyWest Airlines

Photo SkyWest
SkyWest Airlines has signed a deal to lease 10 Bombardier CRJ200 aircraft from Regional One a subsidiary of Exchange Income Corporation, a diversified, acquisition-oriented company focused on opportunities in the aviation, aerospace and manufacturing sectors.

Each of these aircraft is leased to SkyWest for a minimum term of two years, with SkyWest having an option to extend the leases. The purchase of the tenth aircraft by Regional One is expected to close imminently. These ten aircraft represent approximately 5% of SkyWest's fleet of CRJ200's.

Hank Gibson, President of Regional One, stated, "We are extremely happy to further strengthen our relationship with SkyWest Airlines, one of the largest regional airlines in North America. SkyWest is a preeminent player in the global regional airline industry, so it is gratifying to be a trusted business partner with them."

Mike Pyle, EIC's CEO, added, "This transaction provides another example of Regional One's expertise and understanding of the regional airline industry and the narrow-body aircraft utilized by these regional airlines. Hank's experienced management team identified an opportunity to strategically invest in assets and quickly monetize them, achieving an excellent return on investment."

21 November, 2018

Planes of Helsinki Airport: facts about the Bombardier CRJ200

The CRJ200, designed and manufactured by the Canadian company Bombardier, has been one of the most successful regional airliners in the world. In total, over 1,000 units have been produced.

1. The CRJ200 is a jet-propelled, narrow-body regional airliner for 50 passengers. The first CRJ200 was taken into commercial use in 1996, and the production continued until 2006. At Helsinki Airport, Belavia Belarusian Airlines operates the Bombardier CRJ200 as part of their fleet. 

2. CRJ is an abbreviation of its development program: Canadair Regional Jet refers to Canadair, an aircraft manufacturer that became part of Bombardier in 1986. The CRJ series marked Canada’s entry into the civil jet industry.  

3. The CRJ200 was designed to provide superior performance and operating efficiencies in the fast-growing regional airline industry. The smaller size of the regional jets meant than they could be used at most secondary airports. 

31 October, 2018

SkyWest publishes its third quarter 2018 results

SkyWest reported its financial and operating results for the third quarter of the year earlier this week which showed the company made a net income of $83 million, compared to net income of $54 million last year. The airlines third quarter 2018 pre-tax income of $110 million increased 27% from the same period in 2017, primarily due to SkyWest's ongoing fleet transition. Over the last few months, SkyWest added 34 new Embraer E175 aircraft and one new CRJ900 jet and removed 65 older aircraft from its fleet.

Commenting on the results, Chip Childs, Chief Executive Officer and President of SkyWest, said, "We are focused on remaining disciplined in delivering a product that meets the evolving needs of our customers. We expect the flying and labour agreements announced this quarter to contribute to our ongoing fleet transition and help position us well for current and future market opportunities. I am proud of the outstanding product our professionals consistently deliver to our customers."  

24 October, 2018

Air Canada to launch Montreal to Raleigh service and upgrade other services to North Carolina

Montreal to Raleigh is the latest new route from Air Canada to be announced. The carrier said today that the new service will help it further expand its offering to North Carolina as it will also deploy larger aircraft on flights between Toronto and Raleigh and Charlotte to increase capacity on these routes and introduce Business Class service.

"Air Canada is pleased to expand its services from North Carolina with a new route to Montreal and larger aircraft operating to Toronto. The new Raleigh-Montreal service will be the only non-stop flight between these cities, while customers travelling between Toronto and Raleigh and Charlotte will now have the option of Business Class, offering an upgraded flying experience. While always a popular leisure destination, North Carolina is also experiencing strong economic growth and Air Canada is making it more convenient and comfortable for customers to travel between Canada and the state," said Mark Galardo, Vice President, Network Planning, at Air Canada.

The new service between Montreal - Raleigh will operate direct non-stop on a daily basis from 1st May 2019. The airline is introducing the route with a 50-seat Canadair Regional Jet (CRJ). From Toronto, starting 1st May 2019, three-times-daily flights to Raleigh and twice-daily service to Charlotte will be upgraded to a 76-seat, Embraer E175s from a CRJ aircraft. 

23 July, 2018

New Monterey - Denver service to start 4 Oct

The Monterey Peninsula Airport District and United Airlines have announced a new twice daily non-stop service between Monterey Regional Airport and Denver International Airport, starting in October this year. 

The new service from Monterey will connect California's Central Coast with the airline's Denver hub offering connections to 100 other destinations throughout the US Midwest and East Coast. It will also complement United's existing flights between Monterey and Los Angeles and San Francisco. The Denver flights 

"I'd like to thank United Airlines for their commitment to the Central Coast market as demonstrated by today's exciting announcement," said Carl Miller, Chairman of Monterey Peninsula Airport District.

"We are pleased to respond to the needs of our customers by expanding our presence in Monterey and offering our customers more service and more opportunities to connect to United's domestic and international route network," said Janet Lamkin, United's President of California. 

The flights will be operated by SkyWest under the United Express brand on a CRJ200 Regional Jet, flights are scheduled to depart Monterey at 0738 and 1303 arriving Denver at 1120 and 1645 respectively. On the return, the flights leave Denver at 1116 and 1900 landing in Monterey 1317 and 1900

25 April, 2018

Chorus Aviation honoured with Bombardier's top Reliability Awards

Chorus Aviation announced today that its subsidiary, Jazz Aviation LP ('Jazz'), has once again been recognized for achieving superior reliability performance in 2017 at Bombardier's annual award ceremony for commercial aircraft operators held in Orlando, Florida on April 23, 2018.

"We are honoured to be the North American award winner in two categories of exceptional reliability performance," said Colin Copp, President, Jazz. "This recognition can be attributed to the exceptional expertise of Jazz Technical Services and Maintenance and Engineering teams, and their unrivalled experience with Bombardier regional aircraft as an Authorized Service Facility (ASF)."

Jazz is the North American recipient of Bombardier's 2017 Airline Reliability Performance Awards in two categories:

CRJ100/200 aircraft programs for North America
CRJ700/900/1000 aircraft programs for North America
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19 August, 2017

CRJ's Enable Shree Airlines To Operate Fixed Wing Services. Nepal

The largest helicopter operator in Nepal, Shree Airlines, has now launched a new regional fixed-wing jet service, with three Bombardier CRJ aircraft.

The airline already owns and operates a large mixed fleet of helicopters in Nepal and in Africa, mainly on charter work and also on occasion for UN Peace-Keeping Operations as well as World Food Programme. The new expansion into fixed-wing operations will allow the tiny airline to serve a larger part of the Nepalese population whilst complementing its rotor-wing services. 

“We are pleased to welcome Shree Airlines to the worldwide family of CRJ Series aircraft operators,” said David Speirs, Vice President, Asset Management at Bombardier Commercial Aircraft. 
"The CRJ Series aircraft have been instrumental in revolutionizing regional route networks, and we are confident that Shree Airlines will achieve much success as it launches fixed-wing operations in the regions of Nepal with two CRJ200 aircraft and one CRJ700 aircraft.”

What does Shree mean?