Who messed up the Software ???



BOMBARDIER 'SURVIVAL TALKS' WITH AIRBUS END. DOUBT CAST OVER FUTURE OF NEW C-SERIES JET AS CASH RUNNING OUT FOLLOWING ZERO ORDERS AT PARIS AIR SHOW

 
 
Airbus Industries has prematurely ended exploratory talks with Bombardier - one of Ulsters largest employers - over propping up the troubled CSeries jet, leaving the Canadian owned plane maker facing fewer options to keep alive its dream of competing in the aerospace big league. 
 
This is the latest in a series of setbacks for Bombardier, which has been trying to boost its financial base for several months.  Both companies confirmed talks had taken place, but when it became public knowledge Airbus pulled out.
 
The proposal was that Airbus Industries would have assisted Bombardier development of the Cseries aircraft, but it came at a price. A controlling stake in the programme. 
 
This would terminate Bombardier's independent efforts to break into the specialist end of the global airplane market, currently  dominated by Airbus and Boeing. 
 
Reuters quoting a source suggest that Bombardier had also approached an unspecified Chinese buyer about acquiring a stake in the CSeries, but those discussions ended three to four weeks ago. 
 
Bombardier is also exploring the sale of stakes in other units or a possible cash injection by Quebec's public pension fund manager, sources said last week. 
 
It is also renewing marketing efforts to generate orders for the CSeries, after a previous management refused to deep discount the product.
 
Bombardier Aerospace is the largest manufacturing company in Northern Ireland, it produces around 10% of NI's total manufacturing exports.
 
Among the options considered were reviving contacts with Chinese investors, and Boeing, as well as selling stakes in the company's rail and business jet units, claim market investors. 
 
Boeing however has commercial relations with Bombardier's arch-rival Embraer of Brazil, and less likely to be interested in any tie-up with Bombardier.  Airbus confirmed that it had been exploring business opportunities with Bombardier but that such discussions were no longer being pursued. 
 
Bombardier also confirmed it had held talks with Airbus about "certain business opportunities," but those discussions were no longer under way. 
 
It said it would continue to "explore initiatives, such as a potential participation in industry consolidation" but gave no further details. 
 
The Montreal-based company, which has so far received a total of 243 firm orders for the jet, was unable to win a single order at the Paris airshow in June and is still short of its target of 300 firm orders by the time the aircraft enters service, set for 2016. 
 
 
The project has taken its toll on Bombardier's balance sheet. As of June 30, $9 billion in long-term debt and $3.1 billion in cash on hand, spending some $808m in cleared funds over the last three months.
 
Analysts said that the willingness to sell a majority stake to Airbus with a minimal amount of cash could reflect management's increased concern for the company's financial position. 
 
The CSeries is facing the most vulnerable phase of its development: after huge one-off costs but before revenues from deliveries, and without the cushion of airline deposits that would come with a fatter order book. 
 
The 110-130-seat CSeries jet competes against the smallest models of Airbus and Boeing - part of the A320 and 737 families, respectively - using a lightweight design and new engines from Pratt & Whitney, part of United Technologies Corporation. 
 
Airbus and Boeing have booked a combined 7,000 orders for their latest versions of those medium-haul jets. 
 
Although Bombardier and Airbus have clashed in the jet market, sources said a deal could have had merits for both sides. Airbus would effectively have been buying a fully developed plane, which its manufacturer says is exceeding performance targets, at a discount to its development cost. 
 
And Bombardier would have gained the support it needs to complete its biggest ever plane, and benefited from the powerful Airbus sales machine led by John Leahy, who recently conceded that Bombardier had a "nice little plane". 
 
 
 
One source suggested Bombardier had also approached an unspecified Chinese buyer about acquiring a stake in the CSeries, but those discussions ended three to four weeks ago. 
 
Bombardier Aerospace is the largest manufacturing company in Northern Ireland and produces around 10% of the North's total manufacturing exports.

The Economist commented: The company insists it has the finances to see the project through. However, if things began to look that serious, Alain Bellemare, the new boss Bombardier hired in February, might conceivably put the commercial-aircraft division, which makes regional jets as well as the CSeries, up for sale. Canada’s government would not relish seeing a national champion fall into foreign hands, such as those of COMAC, China’s state planemaker. Canadian taxpayers might just be called upon to dip in their pockets and keep the CSeries in the air.
 
Sources CNS, AP, CBC, Reuters,


JULIAN BRAY +44(0)1733 345581, Aviation Expert, Journalist, Broadcaster, Aviation, Security & Airline Operations Expert, [NUJ& EQUITY] LIVE ISDN LINK Travel / Maritime & Cruise Industry, EQUITY, NUJ, Broadcast ISDN ++44 (0)1733 345020 (DUAL CODEC) . . SKYPE: JULIAN.BRAY.UK e&oe . Cell: 07944 217476 iPhone 0743 530 3145 LANDLINE 01733 345581 www.aviationcomment.com Contrib. Account #104764 53 http://feeds.feedburner.com/BraysDuckhouseBlog

No comments:

Search JULIAN BRAY AVIATION SECURITY BLOG

URL COMPACTOR

AVIATION SECURITY BLOG: Key in your long URL to make tiny:

JULIAN BRAY ++44(0)1733 345581 BROADCAST ISDN ++44(0)1733 345 020 all codecs

MOBILE: 07944 217476

AVIATION SECURITY EXPERT, AIRLINE OPERATIONS & NATIONAL SECURITY ISSUES.

BROADCASTER, COLUMNIST & JOURNALIST. NUJ & FULL EQUITY MEMBER.

IMMEDIATE LIVE BROADCASTING VIA OWN ISDN COOBE, STUDIO & HIGH SPEED BROADBAND SKYPE

ISDN +44 (0) 1733 345020.

OFFICE +44 (0) 1733 345581

http://www.journalistdirectory.com/journalist/XLgEm/Julian-Bray




AVIATION & CRUISE, MARTIME INCIDENTS, SAFETY ISSUES, TRAVEL THREATS & PERILS, TERRORISM ISSUES, WORLD TRAVEL & INSURANCE COVER ISSUES, CONFLICT ZONES, LONDON RUNWAY, FEATURES & CORRESPONDENT RESEARCH PACKAGES. NATIONAL & LOCAL POLITICS, LAW & ORDER, LITIGATION SUPPORT.

"Adept at holding national and international politicians and business people to account, has a 'Marmite' but considered approach to politics and always well prepared" Iain Wilson

Julian Bray broadcasts and comments via ISDN +44 (0)1733 345020 (GLENSOUND C5 Dual Codec), VoIP and SKYPE >>> JULIAN.BRAY.UK <<< mobile 07944 217 476

BBC Contributor 10476453

LANDLINE number in the UK is +44(0) 1733 345581 Use this number to pre-brief or to book link.

TELEVSION AND RADIO LIVE INTERVIEWS AND CONTRIBUTIONS

RECENT FEEDS:

RUSSIA METROJET, GERMANWINGS, MH17 INCIDENTS and other RECENT TV NEWS & RADIO AUDIO FEEDS

LASER PENS BBC NEWS

Amelia Erhart Mystery BBC Wales

http://www.bbc.co.uk/programmes/b08rg0nx

Julian Bray Radio Podcasts

http://talkradio.co.uk/julian-bray

https://www.youtube.com/watch?v=weCHZDsnpEI

https://audioboom.com/boos/5133360-easyjet-results-with-aviation-expert-julian-bray

https://www.rt.com/op-edge/360687-military-intel-mh17-include/ September 2016

#BorisJohnson 'right for all the wrong reasons' to dismiss Heathrow, says @JULIANBRAY - bit.ly/2cunT2Z pic.twitter.com/Jw3PwFOasm

http://www.abc.net.au/radionational/programs/breakfast/russian-airline-rules-out-mechanical-failure-or/6907142

https://soundcloud.com/rttv/bray-7k9268?utm_source=soundcloud&utm_campaign=wtshare&utm_medium=Facebook&utm_content=https%3A%2F%2Fsoundcloud.com%2Frttv%2Fbray-7k9268

http://www.pri.org/stories/2012-01-16/why-modern-navigational-technology-didnt-prevent-costa-concordia-accident

https://twitter.com/VictoriaLIVE/status/661125924432146432

http://rinf.com/alt-news/tag/julian-bray/

http://www.marketplace.org/2012/01/16/business/cruise-ship-industry-impacted-disaster

http://www.pri.org/stories/2012-01-16/why-modern-navigational-technology-didnt-prevent-costa-concordia-accident

https://www.youtube.com/watch?v=yiKsLJxc6WA

https://soundcloud.com/julian-charles-braybray

https://soundcloud.com/julian-charles-bray

https://youtu.be/yiKsLJxc6WA?t=1m12s

http://edition.cnn.com/videos/world/2015/03/24/idesk-bray-intv-germanwings-descent.cnn

https://soundcloud.com/rttv/airbus-co-pilot

http://www.itnsource.com/shotlist//ITN/2012/03/05/T05031202/http://www.itnsource.com/en/shotlist/ITN/2010/11/04/T04111005/#videoPopUpDiv

https://audioboom.com/boos/3579946-why-has-the-low-cost-airline-industry-been-thriving-morningmoney

http://talkradio.co.uk/news/airport-expansion-boris-johnson-right-all-wrong-reasons-dismiss-heathrow-1609164227

http://www.msn.com/en-us/news/royalbaby/russian-passenger-jet-crashes-in-central-sinai/vp-BBmEGu9

http://edition.cnn.com/videos/world/2015/10/31/russian-passenger-jet-plane-crashed.cnn

https://audioboom.com/boos/3289201-billybambrough-brings-us-the-latest-from-the-paris-air-show-morningmoney

http://edition.cnn.com/TRANSCRIPTS/1510/31/cnr.22.html

https://soundcloud.com/rttv/bray-7k9268?utm_source=soundcloud&utm_campaign=wtshare&utm_medium=Facebook&utm_content=https%3A%2F%2Fsoundcloud.com%2Frttv%2Fbray-7k9268

https://www.rt.com/op-edge/323287-su24-fighter-russia-turkey-syria/ Scroll down final VT

https://audioboom.com/boos/3918847-a-new-aviation-strategy-julianbray-oliver__clark-talk-on-the-europeancommission-s-airline-announcement

https://audioboom.com/boos/3933313-julianbray-talks-on-the-airport-expansion-delay-the-heathrow-bid-is-frankly-illegal

https://audioboom.com/boos/4241311-a-closer-look-at-the-deal-to-buy-london-cityairport-with-aerospace-specialist-julianbray


http://www.cbc.ca/i/caffeine/syndicate/?mediaId=2685621754 AIR DUBAI CRASH MARCH 2016 Television 2-way with CBC Canada via 'upmarket' SKYPE

https://ca.news.yahoo.com/video/plane-circled-airport-bad-weather-110053170.html AIR DUBAI CRASH 19/03/2016 Julian Bray first reaction

https://audioboom.com/boos/4368310-is-the-aerospace-sector-in-trouble-julian-bray-discusses-as-boeing-plans-to-cut-thousands-of-jobs

Julian Bray Broadcaster Radio Podcasts Selection



EGYPTAIR UPDATES

CargoLogic Air load one of their mega all cargo aircraft. In addition to purpose built frighters, many end of first lease, state-of-the-art wide-bodied passenger aircraft are currently being snapped up and rapidly re-purposed for all cargo operation. As the 21st Century trend is away from airport hub/spoke operation - apparently Heathrow [LHR] is yet to get the memo… -and towards single aisle narrow bodied passenger/cargo hold aircraft, working point to point schedules continues apace ...

JULIAN BRAY ++44(0)1733 345581

Illustrated Convention Lectures & Workshops, Keynotes, Broadcast Briefings, Media Presentational Training, Aviation Security and Operations Incident Management Consultancy

http://www.freelancedirectory.org/?name=Julian.Bray.aviation.comment

(ISDN BROADCAST LINK ++44(0)1733 345 020) all codecs G.722 & ATX Developed for use in ISDN remote broadcasting, G.722 is the original wideband speech codec to be standardized by the ITU-T. By sampling the speech signal at 16 kHz, G.722 more than doubles the encoded speech information, providing richer sound and better clarity than narrowband speech codecs. ( (ISDN2 BT BOX INSTALLED AT HOME: LIVE LINKS AVAILABLE AROUND THE CLOCK )

Book slot on landline 01733 345581

Mob: 07944 217476 http://www.aviationcomment.com/ E&OE

http://www.freelancedirectory.org/?name=Julian.Bray.aviation.comment

COVERING TRANSPORTATION & ASSOCIATED POLITICAL ISSUES IN ALL FORMS plus RELATED INDUSTRIES including AEROSPACE, COMPUTER NETWORKS, RAIL, AVIATION, CRUISE, FERRIES, MERCHANT MARITIME, MILITARY, TRAVEL & HOLIDAY INDUSTRIES, CAA REPORTS, TERRORISM & SABOTAGE, COMPUTER MISUSE & SYSTEM FAILURES, TRAVEL AGENTS, ATOL ISSUES, CIVIL & COMMERCIAL AVIATION. AIRSHOW ORGANISATION & LOGISTICS.

Contact numbers 01733 345581 OR Trusty Nokia Mobile: 07944 217 476 OFFICE: 01733 345581 and answerphone email: julianbray@aol.com

BROADCAST ISDN2 LINE: 01733 345020 ISDN DIGITAL DIAL-UP only. [ BH VENDOR #10476453 add PE28xl ]

SKYPE: JULIAN.BRAY.UK (directly wired Ethernet connection on high speed Virginmedia cable) ALSO GLENSOUND ISDN GSGC5 ISDN LOCATION UNITS FOR PROFESSIONAL DRY HIRE

http://www.freelancedirectory.org/?name=Julian.Bray.aviation.comment

Julian Bray provides: Opinion, comment, forward thinking speculation, keynote presentations and workshops for corporate organisations on Travel, Cruise & Aviation: conflict zones, terrorist impact, cybercrime and DoS issues, drone (UAV) issues, safety (black boxes, emergencies), airline operations, aviation finance, political implications, and all forms of incident risk.

He operated at board level with several airline and aviation groups, including Alitalia, British Island Airways, British Airways, Galileo , British Aerospace, Skyways, former CEO City firm Leadenhall Assoc. (PR WEEK TOP 150) Founder CNS City News Service. Director NTN Television News (joint co. with ITV Wales TWW) Debretts People 2017 and featured in launch edition of the PRWeek Black Book. Investigative Journalist and Broadcaster.

After-dinner speaker and presenter. NUJ LIFE MEMBER & FULL EQUITY MEMBER.

Direct links to a selection of television and radio contributions can be found at foot of this page. Scroll down. Join the conversation here or on Twitter at @aviationcomment @julianbray.

A retweet, comment or other publication by any means does not constitute an endorsement. Quoted Content subject to creditline 'Julian Bray' . During career an active MCIPR, MMC & MBDS.

Main UK telephone and prime contact number 01733 345581.

Mob: 07944 217476

http://www.freelancedirectory.org/?name=Julian.Bray.aviation.comment

ISDN2 Loop Test (by arrangement) 01733 345020

Download the new CAA DRONECODE HERE : http://dronesafe.uk/wp-content/uploads/2016/11/Dronecode.pdf

Glensound GSGC5 ISDN LOCATION (COOBE - FLYAWAY) COMMENTARY UNITS/COLES LIP MICS FOR PROFESSIONAL HIRE

VIDEO PROJECTOR & SMALL FORMAT PUBLIC ADDRESS/ MUSIC PLAYOUT HIRE







BBC LOCAL NEWSROOMS

< script async src="//platform.twitter.com/widgets.js" charset="utf-8">

The Small Print...

TERMS & CONDITIONS

This is the small print, demanded by the legal eagles, we've tried to keep it clear and simple, this is in addition to, and not in the alternative to the NUJ Code of Professional Conduct.

Welcome to JULIAN BRAY AVIATION SECURITY BLOG. If you continue to browse and use this website you agree to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern our relationship with you regarding this website.

The term JULIAN BRAY AVIATION SECURITY BLOG or ‘us’ or ‘we’ refers to the owner of the website. The term ‘you’ refers to the user or viewer of our website. The use of this website is subject to the following terms of use, which may be varied at any time:

  • The content this website is for your general information and use only. It is subject to change without notice.
  • Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and materials found or offered on this website for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors, we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law.
  • Your use of any information or materials on this website is entirely at your own risk, for which we shall not be liable. It shall be your own responsibility to ensure that any products, services or information available through this website meet your specific requirements and you have made your own independent enquires as to the content..
  • This website contains material which is owned by or licensed to us. This material includes, but is not limited to, the design, layout, look, appearance and graphics. Reproduction is prohibited other than for review purposes, or where specific permission has been granted, for example in connection with a commission or contribution supported by a written contract and any terms in accordance with the copyright notice, which forms part of these terms and conditions.
  • All trademarks reproduced in this website, which are not the property of, or licensed to the operator, are acknowledged on the website.
  • Unauthorized use of this website may give rise to a claim for damages and/or be a criminal offence.
  • From time to time this website may also include links to other websites. These links are provided for your convenience to provide further information. They do not signify that we endorse the linked to website(s). We have no responsibility for the content of the linked website(s).
  • E&OE Errors and omissions excepted. Use of quoted content subject to creditline: Julian Bray, broadcaster.
  • Writers P.I. & P L I. # WRT001966