Bombardier to join crowd selling jets of 90-110 seats

Article Abstract:

Bombardier Inc. has entered the lucrative market for jetliners with seating capacity of around 100 in announcing plans for a 90-seat jetliner. The firm is the fourth aircraft manufacturer vying for a market with a demand of around 2,500 planes worth an estimated $62 billion over the next 20 years. The demand for new aircraft is anticipated to meet traffic growth over short, frequently traveled routes, as well as replacement for current planes. Bombardier of Canada's new 90-seat aircraft, hoped to be formally rolled out in 1999 with first deliveries in 2003, complements its 50-seat and 70-seat commuter jets.

Comment:

Announces plans for a 90-seat jetliner hoped to be formally rolled out in 1999 with first deliveries in 2003

Canada, Product development, Standard Jet, Bombardier Inc.

Boeing replaces its head of jetliner production

Article Abstract:

Boeing Co. said that it appointed Alan Mulally to replace Ronald Woodard as the head of the airplane maker's jetliner production and sales. The company made the announcement after its strongly defended the head of its commercial-aircraft division, which has suffered record losses. Mr. Mullaly is the former head of Boeing's space and defense business. The move is designed to provide a respite from the company's troubles.

Comment:

Appoints Alan Mulally to replace Ronald Woodard as the head of the airplane maker's jetliner production and sales

Executive changes & profiles, Commercial Aircraft

Pembroke orders 10 small jetliners in boost to Boeing

Article Abstract:

Pembroke Capital Ltd has purchased 10 Boeing 717 jetliners. The list price of the 100-seat jetliners would be about $320 million, but Boeing has been having trouble selling them for that price. Boeing has been marketing the 717 more intensely since Airbus Industrie unveiled its less expensive A318 in Sep 1998. Pembroke, a leasing firm in Dublin, Ireland, is scheduled to take delivery of the Boeing jetliners in May 2000.

Facilities & equipment, Ireland, Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing, Transport Equipment Leasing, Rental ex A, Commercial 2-Engine Jets, Abstract, BA, Transportation equipment rental, Multiple engine aircraft, Boeing 717 (Aircraft), Pembroke Capital Ltd.