engine supply delay to slow c-series deliveries
Engine Supply Delay To Slow C-Series Deliveries
The Production of Bombardiers C series shipment has been delayed due to the delivery delays of the PW1500 geared turbofan produced by Pratt & Whitney. The Shipment commenced with a total of 15 C series to be shipped by the year and has slowly decreased to load of 7. Pratt & Whitney calls a “supply chain difficulty” as a leading reason for the delay but have not yet completely addressed the entire issue. They have agreed on to inform on the step by step of the completion of the order to any customer as they carry out the delivery process.
Despite Pratt & Whitney’s issue earlier this year regarding technical problems with their PW1500G an approved spokesman can concur that “That issue is completely behind us.”
The first shipment of the C Series CS100 have already been active for six weeks for the launch operator Swiss International Airlines. Per Bombardier, they have successfully delivered two aircrafts to a Lufthansa sub diary which has been reported to have been flown approximately 400 revenue flights and have ranked up 600 air flight hours.
Due to many delays in the production process, Bombardier has expected to receive lower revenues coming from their Commercial Aircraft for the year without affecting their earnings before interest & tax. Bombardier is preparing to slowly close out their quarter on the slight decrease in their numbers. As the entire bombardier,” expects to close the quarter at the lower end of its $16.5 billion to $17.5 billion revenue guidance range, while EBIT finishes at the upper end of the $200- to $400 million range.”
In September Bombardier received its last 500 million installments from Quebec’s government to invest in the C Series program. With this contribution, it is estimated that Quebec’s government has given just about 1 Billion dollars giving them 49.5 % share of the latest C Series Aircraft Limited Partnership (CSALP) as Bombardier still owns the larger half.
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