Monday, April 23, 2012

Initial Take-Off - Cseries


 I'll kick off with the proudly Canadian made Cseries!  

Had been a great fan of the Bombardier Cseries but don't ask me why.  Aside from it's Canadian made, I'm sure there is something that attracted me to this new innovative aircraft that'll be set for first flight in December 2012 - Montreal.  That something is still unknown.  

With the many criticisms of the production, how it will fail and screw Bombardier over as the company tries to enter this new market and compete with Airbus and Boeing, well I don't care!  What I appreciate is the company's contribution to the Aviation industry!  I would deeply appreciate if investors and business men would stop criticising based on money - oh money this money that, its all about returns.  In a way, yes companies need money to function, and it would be quite irrational to invest if the return is negative.  I don't care - what I care is the beauty of the product.  Hey, it's made in Canada by the way!  Do I care if it losses money?  

What I really believe is that even if this piece of master work fails to sell its expected orders, Bombardier can still afford to continue business as with its existing diverse product lines.  What this plane will offer is a new capacity range with innovation new features.  And if you're gonna say, oh it's just a copy of the 737MAX or A320NEO, or the composite of the 787, well shut up!  In case you don't know, the 737MAX and A320NEO came way way way long after the Cseries, and the A320NEO will be using the new PW1000G engine technology, which was initially made for the Cseries and will be used first by the Cseries.  And, I believe in collaboration and sharing of great ideas to generate better and more powerful outcomes!    

Glancing through the orders, including firm orders, options, and letter of intent (LOI), the total for the Cseries comes to 324 units.  Compared to other recent new aircraft, the Dreamliner 787's net orders total to 855, and the A380's orders total to 253 plus 72 in delivered.  Oh, and the A350, with 555 firm orders.  (Orders as of today, from Wikipedia).  Well, its really hard to compare because all the these newly designed aircraft are manufactured by Airbus and Boeing, which they've been in this market segment for ages.  Plus, the dreamliner, A380, and A350 all falls in a separate market segment than the Cseries, mainly in terms of capacity and flying range.  

The fact that this is the first time that Bombardier enters in such a new market with a capacity ranging from 100 to 150 seats, flying with the new mechanisim of the Pratt & Whitney PW1000G engines, and plus, to me, it never experienced delays in production (oh btw, the Dreamliner 787 and A380 both delayed for 3-4 years, even with ages of commercial manufacturing experience), I think this new baby is doing very well.  Unless Bombardier is hiding any news or issues, otherwise, there are 8-9 months till expected first delivery and there are no signs of delays.  Even if it delays till Q1 2013, I'll still consider it on time.  


     

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