Page 7 - Flight International (January 2020)
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THIS WEEK






                                                                Airbus currently has a 50.06%
                                                                stake in the programme
          BRIEFING

           SAAB STARTS T-7A AFT FUSELAGE WORK
           PRODUCTION Saab has started work in support of the US
           Air Force’s Boeing T-7A advanced jet trainer programme, with
           seven aft fuselage sections in progress at its Linkoping site in
           Sweden. Future production will move to a new facility in West
           Lafayette, Indiana, with Boeing to perform final assembly in St
           Louis, Missouri. Boeing won a $9.2 billion contract in
           September 2018 to supply the USAF with 351 of the type.                                                  Airbus

                                                               PARTNERSHIP JON HEMMERDINGER  BOSTON
           BAE TO BUY COLLINS, RAYTHEON UNITS
           ACQUISITIONS BAE Systems intends to acquire Collins
           Aerospace’s military GPS business and Raytheon’s airborne   Bombardier looks
           tactical radios unit: divestments that were mandated as part of
           the US companies’ ongoing merger process. Worth a
           employees in Florida, Indiana and Iowa, with the interests to be  towards A220 exit
           combined $2.2 billion, the purchase affects around 775
           integrated within BAE’s US-based Electronic Systems business.
                                                               Risk of rising costs and declining returns leads Canadian
                                                               airframer to ‘reassess’ its involvement with former CSeries
           FAA EXTENDS GE90 SEAL WARNING
           SAFETY Operators of Boeing 777-300ERs are being ordered
           urgently to remove another batch of interstage seals from GE   ombardier is “reassessing” its   Bombardier had struggled for
           Aviation GE90 engines, following an uncontained failure last   Binvolvement in the Airbus-led   years under financial strain
           October involving a Thai Airways International-operated   partnership that owns the A220,   caused by designing, developing
           example. The US Federal Aviation Administration had already   citing the need for additional cash   and certifying what was then
           issued such a directive, but this second emergency order   investment and lower-than-ex-  called the CSeries, subsequently
           expands the serial numbers of the seals involved.   pected long-term profits.   handing majority ownership of
                                                                 The Montreal-based airframer   the programme, for free, to Airbus.
                                                               holds 33.6% of Airbus Canada   The programme has since re-
           MA700 TRACKS TOWARDS LATE 2020 FLIGHT
           PROGRAMME AVIC seems likely to fly its developmental   Limited Partnership (ACLP),   sided under the ACLP venture:
           MA700 turboprop in late 2020, after an initial aircraft entered   which owns the A220 business.   Airbus has a majority stake of
           the final stages of production. A report by Chinese state news   Divesting that stake would align   50.06%, Bombardier 33.6%, and
           agency Xinhua indicates the first MA700 is expected to roll off   with Bombardier’s strategy in re-  Investissement Quebec 16.34%.
           the assembly line by the middle of the year. AVIC had   cent years of moving away from   As part of the divestment,
           previously been targeting an end-2019 maiden sortie.   commercial aviation.      Bombardier agreed to “fund the
                                                                 “With its exit from commercial   cash shortfalls” of the programme,
                                                               aerospace, Bombardier is reassess-  up to $350 million in 2019 and
           BRAHMOS READY FOR INDIAN AIR FORCE
           INDUCTION The Indian air force has resurrected its 222 Sqn   ing its participation in ACLP,” the   another $350 million during the
           “Tigersharks” unit as the first Sukhoi Su-30MKI squadron to be   company said on 16 January.  2020-2021 period. In exchange,
           equipped with the Mach 2.8 BrahMos air-launched cruise   It notes that ACLP’s latest   Bombardier receives shares pay-
           missile. Based at Thanjavur air base, the aircraft will be able to     financial plan “calls for addition-  ing a 2% annual dividend.
           carry the 8.5m (28ft)-long 2.5t anti-ship and land-attack   al cash investments to support   The three partners are also on
           weapon, which has a range of up to 162nm (300km).     production ramp-up, pushes out   the hook for any additional cash
                                                               the break-even timeline and gen-  that the programme may need
                                                               erates a lower return over the life   during the period.
           AFRL PREPARES HYPERSONIC X-60A
           TESTING The US Air Force Research Laboratory (AFRL)  of the programme”.          As of 30 September 2019, Bom-
           test-fired the Hadley rocket engine for its X-60A hypersonic   “This may significantly impact   bardier had invested $575 million
           demonstrator at Cecil Spaceport in Jacksonville, Florida, on 15   the joint venture’s value. Bombar-  in ACLP, documents reveal.
           January. Designed to test air-breathing propulsion, advanced   dier will disclose the amount of   Bombardier’s CSeries sale
           materials and vehicle subsystem technologies above Mach 5,   any  write-down  when  we  sparked a broader exit by the
           the X-60A will be launched from a NASA C-20A (Gulfstream III)     complete our analysis and report   company  from  commercial
           platform for the first time later this year.         our fourth-quarter and 2019 fi-    aviation: it has or is in the
                                                               nancial results [on 13 February],”     process of divesting its Q400 tur-
                                                               says the airframer.        boprop line, CRJ regional jet
           COULSON C-130 LOST IN AUSTRALIA
           ACCIDENT Canadian fire-fighting operator Coulson        Bombardier’s original agreement   family and aerostructures manu-
           Aviation has confirmed the loss of a Lockheed Martin C-130   with Airbus gives the  Canadian air-  facturing operations.
           water bomber that was being used to combat bush fires in   framer the right to require that the   The company says it intends to
           New South Wales, Australia. All three occupants were killed.   European firm acquire its shares in   focus on business jets and its
           The Hercules (N134CG), which Cirium fleets data records as a   ACLP after seven and a half years   transportation business, which
           1981-built airframe, was acquired by Coulson in 2017.   of the deal closing, which occurred   manufactures trains. ■
                                                               in July 2018.              See Air Transport P15

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