Bombardier Commercial Aircraft announced today that its CS300 jetliner, the second CS300 flight test vehicle, has arrived in Zhuhai, China. The visit is the debut of the C Series aircraft in China and the jetliner, which is showcasing the logo of CS300 first operator airBaltic, will be on static display at the China International Aviation & Aerospace Exhibition (Airshow China) from October 30 to November 3.
“As we approach first delivery and entry-into-service of the CS300 aircraft with launch operator airBaltic in the coming weeks, it is a pleasure to be showcasing the aircraft in China for the first time and updating the industry on our progress,” said Andy Solem, Vice President, Sales – China and North Asia, Bombardier Commercial Aircraft. “What we have been saying all along, is confirmed - the aircraft offers exceptional fuel burn and range, outstanding airfield performance in hot-and-high operations and it is the quietest commercial jet in production.
“The C Series aircraft, utilized in a regional role, is ideally suited to support the Chinese Government’s goals to make domestic air travel accessible to all Chinese citizens at low cost and in an environmentally efficient manner.”
Greater China alone is forecasted to take delivery of 1,550 aircraft in the 100- to 150-seat segment over the next 20 years. This represents more than 20 per cent of the world’s total demand for 7,000 aircraft in the segment.1
The technologically advanced CS300 airliner, along with the Bombardier Global 5000 business aircraft, will be featured as part of the static display from October 30 to November 3. Guests will have the opportunity to witness and experience the aircraft first-hand. Bombardier’s booth, which is adjacent to the aircraft static display, is located at H4C3.
About C Series Aircraft
The C Series is the only aircraft optimized for the 100- to 150-seat market segment, which drives the aircraft’s phenomenal economic proposition and performance, opening up new opportunities for single-aisle aircraft operation.
Comprised of the CS100 and the larger CS300 aircraft, the C Series family represents the fusion of performance and technology. The result is aircraft that deliver unmatched performance and economics in the 100- to 150-seat market segment and an 18 per cent lower cost per passenger, making them the ideal candidates to complement larger single-aisle aircraft. Airlines can now operate routes that were previously not profitable or even possible. An improvement in range in excess of 20 per cent out of hot-and-high airports such as Denver, Mexico City or Lhasa has been confirmed.
Bombardier has created a new standard in cabin design and flexibility to ensure an unrivalled passenger experience. The aircraft’s larger seats, overhead bins and windows deliver a widebody feel that offers passengers unparalleled comfort in a single-aisle cabin.
The CS100 and the CS300 aircraft have over 99 per cent parts commonality as well as the same pilot type rating. The groundbreaking Pratt & Whitney PurePower® PW1500G engine, combined with the aircraft’s advanced aerodynamics, delivers reduced fuel burn, noise, and emissions – making the C Series the most community-friendly aircraft.
Bombardier is the world’s leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.
Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2015, we posted revenues of $18.2 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier
Notes to Editors
For more information on the C Series aircraft, please visit the BCA Media Hub.
Follow @BBD_Aircraft on Twitter to receive the latest updates from Bombardier Commercial Aircraft.
To receive our press releases, please visit the RSS Feed section of Bombardier’s Website.
Bombardier, C Series, CS100, CS300, Global 6000 and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.
1. Refer to the Forward-looking statements section at the end of this press release.
Bombardier Commercial Aircraft
+1 416 375 3030
Bombardier Commercial Aircraft
+1 450 476-5907
This press release includes forward-looking statements, which may involve, but are not limited to: statements with respect to the Corporation’s objectives, guidance, targets, goals, priorities, market and strategies, financial position, beliefs, prospects, plans, expectations, anticipations, estimates and intentions; general economic and business outlook, prospects and trends of an industry; expected growth in demand for products and services; product development, including projected design, characteristics, capacity or performance; expected or scheduled entry-into-service of products and services, orders, deliveries, testing, lead times, certifications and project execution in general; competitive position; the expected impact of the legislative and regulatory environment and legal proceedings on the Corporation’s business and operations; available liquidities and ongoing review of strategic and financial alternatives; the effects of the investment by the Government of Québec in the C Series Aircraft Limited Partnership (the C Series Investment) and of the private placement of a minority stake in Transportation by the CDPQ (the CDPQ Investment and, with the C Series Investment, the Investments) on the range of options available to us, including regarding our participation in future industry consolidation; the capital and governance structure of the Transportation segment following the CDPQ Investment, and of the Commercial Aircraft segment following the C Series Investment; the impact and expected benefits of the Investments on our operations, infrastructure, opportunities, financial condition, access to capital and overall strategy; and the impact of the Investments on our balance sheet and liquidity position.
Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “anticipate”, “plan”, “foresee”, “believe”, “continue”, “maintain” or “align”, the negative of these terms, variations of them or similar terminology. By their nature, forward-looking statements require management to make assumptions and are subject to important known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecast results set forth in forward-looking statements. While management considers these assumptions to be reasonable and appropriate based on information currently available, there is risk that they may not be accurate.
Certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, risks associated with general economic conditions, risks associated with our business environment (such as risks associated with the financial condition of the airline industry, business aircraft customers, and of the rail industry; trade policy; increased competition; political instability and force majeure), operational risks (such as risks related to developing new products and services; development of new business; the certification and homologation of products and services; fixed-price and fixed-term commitments and production and project execution; pressures on cash flows based on project-cycle fluctuations and seasonality; our ability to successfully implement and execute our strategy and transformation plan; doing business with partners; product performance warranty and casualty claim losses; regulatory and legal proceedings; the environment; dependence on certain customers and suppliers; human resources; reliance on information systems; reliance on and protection of intellectual property rights; and adequacy of insurance coverage), financing risks (such as risks related to liquidity and access to capital markets; retirement benefit plan risk; exposure to credit risk; substantial existing debt and interest payment requirements; certain restrictive debt covenants; financing support provided for the benefit of certain customers; and reliance on government support), market risks (such as risks related to foreign currency fluctuations; changing interest rates; decreases in residual values; increases in commodity prices; and inflation rate fluctuations). For more details, see the Risks and uncertainties section in Other in the Management’s Discussion and Analysis (MD&A) of the Corporation’s financial report for the fiscal year ended December 31, 2015. For additional information with respect to the assumptions underlying the forward-looking statements made in this press release, refer to the Guidance and forward-looking statements sections in the MD&A of the Corporation’s financial report for the fiscal year ended December 31, 2015.
Readers are cautioned that the foregoing list of factors that may affect future growth, results and performance is not exhaustive and undue reliance should not be placed on forward-looking statements. The forward-looking statements set forth herein reflect management’s expectations as at the date of this press release and are subject to change after such date. Unless otherwise required by applicable securities laws, the Corporation expressly disclaims any intention, and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.