ITRADE
Veteran
Wow. Thats a big order.
Congratulations to PSA for getting the 50 seaters.
Congratulations to PSA for getting the 50 seaters.
US Airways Regional Jet Order
- Thread starter ITRADE
- Start date
US Airways Places Record Regional Jet Order With Bombardier and Embraer
Monday May 12, 9:00 am ET
Agreement Comprises Both 50-Seat and 70-seat Aircraft
ARLINGTON, Va., May 12 /PRNewswire-FirstCall/ -- US Airways has set into motion another key element of its business recovery plan today with an agreement to purchase a total of at least 170 Canadair and Embraer regional jets from Bombardier Aerospace of Canada and Embraer of Brazil, respectively. The first aircraft delivery is scheduled for October 2003.
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The order equally splits between the world''s two leading regional jet manufacturers a combination of 170 firm orders and 380 options to purchase aircraft. The estimated value of the firm order, based upon list price, is approximately $4.3 billion. Financing terms were not disclosed.
These new regional jets will enable US Airways to generate additional revenue by growing our route network and competing more vigorously in short- to-medium-length haul markets, said US Airways President and Chief Executive Officer David N. Siegel. The RJs also will enable us to increase hub feed by adding new markets that were too distant for turboprop aircraft, and replace current turboprop flying, which will please many customers who prefer jet aircraft. Regional jets will allow us to replace and complement larger jet aircraft on routes with poor to marginal performance, which then can be re- deployed to operate in more profitable destinations, such as the Caribbean and on other routes where we currently do not fly.
Both manufacturers were extremely aggressive in vying for our business. I believe that this agreement is going to benefit US Airways and its employees, and brings the greatest value to our company, said Siegel. As a result of this great deal, we were able to split the order equally between Bombardier and Embraer.
Under the Bombardier agreement, US Airways has firm orders for 60 CRJ Series 200, 50-seat single-class aircraft; and 25 CRJ Series 700, 75-seat dual-class aircraft. The 50-seat order for the CRJ Series 200 aircraft is scheduled to be delivered beginning in October 2003 to US Airways Express wholly owned subsidiary PSA Airlines. All firm order CRJ aircraft will be delivered by April 2005.
US Airways also has placed firm orders for 85 Embraer 170, 70-seat, dual class aircraft, with the first delivery scheduled for November 2003 to MidAtlantic Airways, a regional jet division of US Airways, Inc. US Airways has the option to convert the Embraer 170s to Embraer 175s with 76 seats. All Embraer 170 deliveries are to be received by September 2006.
Siegel said that these smaller jet aircraft are extremely well suited to serve the US Airways network and will fill in nicely with schedules at key times at the airline''s hubs in Charlotte, N.C., Philadelphia and Pittsburgh, as well as its major East Coast operations at Boston, New York LaGuardia and Reagan Washington National.
We are extremely pleased that US Airways has selected the Bombardier CRJ family of regional jets as part of its profit strategy, said Pierre Beaudoin, president and chief operating officer, Bombardier Aerospace. US Airways will realize the operating benefits of high performance, low operating costs and family commonality. In addition, US Airways customers will also enjoy more convenient, comfortable service.
To be a part of US Airways'' remarkable growth plan and to have them as the launch customer in North America for the Embraer 170 is exciting for all of us at Embraer, said Mauicio Botelho, president and chief executive officer of Embraer. US Airways is redefining the American commercial airline market, and we are very proud to be supplying the Embraer 170, an aircraft that is redefining what people expect from a commercial airliner.
The CRJ Series 700 aircraft and the Embraer 170s will offer both First and Coach-Class service. Every seat is either an aisle or window seat. These regional jets also provide comfortable leg space with plenty of overhead and under-the-seat baggage storage room and stand-up headroom. They have a cruising speed of around 500 miles per hour and can cruise at altitudes above 30,000 feet. GE engines will power each of these regional jets.
US Airways is the nation''s seventh-largest airline, serving nearly 200 communities in the U.S., Canada, Mexico, the Caribbean and Europe. US Airways, US Airways Shuttle, and the US Airways Express partner carriers operate over 3,300 flights per day, with US Airways Express wholly owned subsidiaries and affiliate carriers operating more than 60 percent of those flights. For additional information on fares and schedules, visit US Airways online at usairways.com.
Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative aviation products and provides services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet* and Bombardier Skyjet* business aircraft programs, technical services, and aircraft maintenance and pilot training for business, regional airline and military customers.
Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the Americas, Europe and Asia-Pacific.
Embraer (Empresa Brasileira de Aeronautica S.A. - (NYSE: ERJ - News); (Bovespa: EMBR3 and EMBR4)) is one of the world''s leading aerospace companies. With headquarters in Sao Jose dos Campos, state of Sao Paulo, and offices and customer service bases in Australia, China, France, Singapore and the United States, the Company as of March 31, 2003, has a total workforce of 12,407 people. Embraer was Brazil''s largest exporter from 1999 to 2001, and second largest in 2002. As of March 31, 2003, Embraer''s firm order backlog totaled US$7.9 billion and the total backlog, including options, equaled US$19.2 billion.
Trademarks of Bombardier Inc. or its subsidiaries.
Monday May 12, 9:00 am ET
Agreement Comprises Both 50-Seat and 70-seat Aircraft
ARLINGTON, Va., May 12 /PRNewswire-FirstCall/ -- US Airways has set into motion another key element of its business recovery plan today with an agreement to purchase a total of at least 170 Canadair and Embraer regional jets from Bombardier Aerospace of Canada and Embraer of Brazil, respectively. The first aircraft delivery is scheduled for October 2003.
ADVERTISEMENT
The order equally splits between the world''s two leading regional jet manufacturers a combination of 170 firm orders and 380 options to purchase aircraft. The estimated value of the firm order, based upon list price, is approximately $4.3 billion. Financing terms were not disclosed.
These new regional jets will enable US Airways to generate additional revenue by growing our route network and competing more vigorously in short- to-medium-length haul markets, said US Airways President and Chief Executive Officer David N. Siegel. The RJs also will enable us to increase hub feed by adding new markets that were too distant for turboprop aircraft, and replace current turboprop flying, which will please many customers who prefer jet aircraft. Regional jets will allow us to replace and complement larger jet aircraft on routes with poor to marginal performance, which then can be re- deployed to operate in more profitable destinations, such as the Caribbean and on other routes where we currently do not fly.
Both manufacturers were extremely aggressive in vying for our business. I believe that this agreement is going to benefit US Airways and its employees, and brings the greatest value to our company, said Siegel. As a result of this great deal, we were able to split the order equally between Bombardier and Embraer.
Under the Bombardier agreement, US Airways has firm orders for 60 CRJ Series 200, 50-seat single-class aircraft; and 25 CRJ Series 700, 75-seat dual-class aircraft. The 50-seat order for the CRJ Series 200 aircraft is scheduled to be delivered beginning in October 2003 to US Airways Express wholly owned subsidiary PSA Airlines. All firm order CRJ aircraft will be delivered by April 2005.
US Airways also has placed firm orders for 85 Embraer 170, 70-seat, dual class aircraft, with the first delivery scheduled for November 2003 to MidAtlantic Airways, a regional jet division of US Airways, Inc. US Airways has the option to convert the Embraer 170s to Embraer 175s with 76 seats. All Embraer 170 deliveries are to be received by September 2006.
Siegel said that these smaller jet aircraft are extremely well suited to serve the US Airways network and will fill in nicely with schedules at key times at the airline''s hubs in Charlotte, N.C., Philadelphia and Pittsburgh, as well as its major East Coast operations at Boston, New York LaGuardia and Reagan Washington National.
We are extremely pleased that US Airways has selected the Bombardier CRJ family of regional jets as part of its profit strategy, said Pierre Beaudoin, president and chief operating officer, Bombardier Aerospace. US Airways will realize the operating benefits of high performance, low operating costs and family commonality. In addition, US Airways customers will also enjoy more convenient, comfortable service.
To be a part of US Airways'' remarkable growth plan and to have them as the launch customer in North America for the Embraer 170 is exciting for all of us at Embraer, said Mauicio Botelho, president and chief executive officer of Embraer. US Airways is redefining the American commercial airline market, and we are very proud to be supplying the Embraer 170, an aircraft that is redefining what people expect from a commercial airliner.
The CRJ Series 700 aircraft and the Embraer 170s will offer both First and Coach-Class service. Every seat is either an aisle or window seat. These regional jets also provide comfortable leg space with plenty of overhead and under-the-seat baggage storage room and stand-up headroom. They have a cruising speed of around 500 miles per hour and can cruise at altitudes above 30,000 feet. GE engines will power each of these regional jets.
US Airways is the nation''s seventh-largest airline, serving nearly 200 communities in the U.S., Canada, Mexico, the Caribbean and Europe. US Airways, US Airways Shuttle, and the US Airways Express partner carriers operate over 3,300 flights per day, with US Airways Express wholly owned subsidiaries and affiliate carriers operating more than 60 percent of those flights. For additional information on fares and schedules, visit US Airways online at usairways.com.
Bombardier Aerospace, a unit of Bombardier Inc., is a world leader in the design and manufacture of innovative aviation products and provides services for the regional, business and amphibious aircraft markets. It also offers Bombardier Flexjet* and Bombardier Skyjet* business aircraft programs, technical services, and aircraft maintenance and pilot training for business, regional airline and military customers.
Bombardier Inc., a diversified manufacturing and services company, is a world-leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the Americas, Europe and Asia-Pacific.
Embraer (Empresa Brasileira de Aeronautica S.A. - (NYSE: ERJ - News); (Bovespa: EMBR3 and EMBR4)) is one of the world''s leading aerospace companies. With headquarters in Sao Jose dos Campos, state of Sao Paulo, and offices and customer service bases in Australia, China, France, Singapore and the United States, the Company as of March 31, 2003, has a total workforce of 12,407 people. Embraer was Brazil''s largest exporter from 1999 to 2001, and second largest in 2002. As of March 31, 2003, Embraer''s firm order backlog totaled US$7.9 billion and the total backlog, including options, equaled US$19.2 billion.
Trademarks of Bombardier Inc. or its subsidiaries.
AtlanticBeach
Senior
- Aug 20, 2002
- 341
- 2
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On 5/12/2003 8
46 AM AM49AAA wrote:
"These new regional jets will enable US Airways to generate additional revenue by growing our route network and competing more vigorously in short- to-medium-length haul markets," said US Airways President and Chief Executive Officer David N. Siegel. "The RJs also will enable us to increase hub feed by adding new markets that were too distant for turboprop aircraft, and replace current turboprop flying, which will please many customers who prefer jet aircraft. Regional jets will allow us to replace and complement larger jet aircraft on routes with poor to marginal performance, which then can be re- deployed to operate in more profitable destinations, such as the Caribbean and on other routes where we currently do not fly."
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On 5/12/2003 8
46 AM AM49AAA wrote: "These new regional jets will enable US Airways to generate additional revenue by growing our route network and competing more vigorously in short- to-medium-length haul markets," said US Airways President and Chief Executive Officer David N. Siegel. "The RJs also will enable us to increase hub feed by adding new markets that were too distant for turboprop aircraft, and replace current turboprop flying, which will please many customers who prefer jet aircraft. Regional jets will allow us to replace and complement larger jet aircraft on routes with poor to marginal performance, which then can be re- deployed to operate in more profitable destinations, such as the Caribbean and on other routes where we currently do not fly."
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Great news. Some questions to be answered, please.
1. How many turboprops currently fly for US Airways Express?
2. New routes? Will US attempt to reclaim certain markets out of LGA and BOS that were discarded in the past 2 years? Or, does new routes imply those that US has not previously served?
3. Has there been any discussion of intra-Florida service being revived?
Thanks for your responses.
Art at ISP
Veteran
Hopefully this new infusion of RJ''s will finally bring competitive jet service to ISP!!! And perhaps (dare I dream) flights to a new hub?????
I am still wishing
I am still wishing
Here is the response in the Q&A on the reason for splitting the RJ order:
US Airways has done a great deal to simplify its fleet in recent years. Why split the order between two manufacturers?
Splitting the order allows US Airways to get RJs into the fleet faster while retaining efficiencies, since we can tap into the production lines of both manufacturers and because we have multiple operators who can separate the Bombardier and Embraer products to avoid fleet complexity costs. In addition, there is a substantial degree of commonality between the CRJ-200 and CRJ-700 series models.
US Airways has done a great deal to simplify its fleet in recent years. Why split the order between two manufacturers?
Splitting the order allows US Airways to get RJs into the fleet faster while retaining efficiencies, since we can tap into the production lines of both manufacturers and because we have multiple operators who can separate the Bombardier and Embraer products to avoid fleet complexity costs. In addition, there is a substantial degree of commonality between the CRJ-200 and CRJ-700 series models.
And the pay scales for the RJ airline employees adjusted as follows:
Pilots=Greyhound Drivers
Mechaics=Quick Lube technicians
Customer Svc=Walmart Employees
Now finally U will start turning a profit. I hope the BOD gives "Labor Friendly Dave"& Co a big raise. Myself, I am just happy to have a job!!!!!
Pilots=Greyhound Drivers
Mechaics=Quick Lube technicians
Customer Svc=Walmart Employees
Now finally U will start turning a profit. I hope the BOD gives "Labor Friendly Dave"& Co a big raise. Myself, I am just happy to have a job!!!!!
That is great news for PSA. (the only WO that does not have all it''s unions on line with concessions). It is so nice to know that we can trust management when they say that if we dont all participate we will not be a part of the restructuring. At least it''s not Mesa again!
pitguy
Veteran
- Aug 21, 2002
- 1,509
- 0
I thought it was supposable better to have all your crews flying one type of aircraft. We have been told for years that was one of the main lines biggest problems. It simplifies maintenance , parts, training, crew scheduling, etc...I hope this is not a mistake.
Frontier69
Member
- Aug 27, 2002
- 96
- 5
I can''t wait until the Allegheny and Piedmont pilots get wind of this new press release. Can you say sick call or grounding maintenance items? The customers will suffer as a result of this updated business plan. The employees pick up the pieces once again for upper mgmnts short comings.
The way I heard it, U put the squeeze on Bombardier for a 25% discount, who in turn, put the squeeze on their employees for concessions.
Round and round it goes, and where it stops, we now know - the poorhouse (''cept the Palace types). Didn''t Marie Antoinette get a serious haircut for "let them eat cake?"
One can hope!
Round and round it goes, and where it stops, we now know - the poorhouse (''cept the Palace types). Didn''t Marie Antoinette get a serious haircut for "let them eat cake?"
One can hope!
USAirBoyA330
Veteran
- Aug 23, 2002
- 724
- 0
MidAtlantic will be a DIVISION of Mainline sort of like MetroJet but with another pay scale. It will be staffed with MAINLINE Flight Crews ONLY. MDA will only fly EMB170-175s so it is common in that respect. No 70 plus seat EMBs will be flown by express crews.
High Iron
Senior
- Aug 20, 2002
- 495
- 0
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On 5/12/2003 12:33:04 PM diogenes wrote:
The way I heard it, U put the squeeze on Bombardier for a 25% discount, who in turn, put the squeeze on their employees for concessions.
Round and round it goes, and where it stops, we now know - the poorhouse (''cept the Palace types). Didn''t Marie Antoinette get a serious haircut for "let them eat cake?"
One can hope!
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More or less my take on it as well. Sometimes you have to believe what your eyes tell you, "conspiracy theory" apprehension notwithstanding. I mean, there hasn''t been a better time to make a massive push toward a plutocracy, has there?On 5/12/2003 12:33:04 PM diogenes wrote:
The way I heard it, U put the squeeze on Bombardier for a 25% discount, who in turn, put the squeeze on their employees for concessions.
Round and round it goes, and where it stops, we now know - the poorhouse (''cept the Palace types). Didn''t Marie Antoinette get a serious haircut for "let them eat cake?"
One can hope!
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BoredToDeath
Advanced
- Oct 19, 2002
- 119
- 0
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On 5/12/2003 11:55:41 AM USAirBoyA330 wrote:
MidAtlantic will be a DIVISION of Mainline sort of like MetroJet but with another pay scale. It will be staffed with MAINLINE Flight Crews ONLY. MDA will only fly EMB170-175s so it is common in that respect. No 70 plus seat EMBs will be flown by express crews.
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On 5/12/2003 11:55:41 AM USAirBoyA330 wrote:
MidAtlantic will be a DIVISION of Mainline sort of like MetroJet but with another pay scale. It will be staffed with MAINLINE Flight Crews ONLY. MDA will only fly EMB170-175s so it is common in that respect. No 70 plus seat EMBs will be flown by express crews.
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Just wanted to fill you in a little more with respect to the last sentence. On May 5th and 6th PSA mgt. meet with the PSA negotiating committee to discuss the placement of 70 seat jet aircraft at PSA because our original J4J's agreement does not include provisions for this type of aircraft.
The agreement that the Mainline pilots have with mainline mgt. states that only Mainline furloughees will operate the 70+ seaters at MDA until positions open at MDA then all WO pilots will flow to MDA in sen. order. The agreement also says that any 70+ seaters placed at any WO (PDT, ALG, and PSA) or affiliate carrier will be staffed entirely with furloughed U employees.
But if you can start to see the problem here is that just because an agreement is made between the Mainline MEC and the Mainline mgt. doesnt mean that this agreement is valid for the WO's. Remember that legally we are all separate companies and the Mainline MEC has no authority to inovoke any agreements upon the WO pilots. Thus far from what I understand is that the PSA negotiating committee will not budge on giving Mainline pilots 100% of any aircraft placed at PSA. The original 50/50 is the agreement that we understand.
It is because of these negotiations that I belive this press release is leading most of you to belive that this order is entirely for PSA. I for one do not belive that this order is entirely for PSA. This press release is very vague. I belive the order will be split up between the WO's with maybe PSA just being the first to receive them. I belive mgt of both mainline and the WO's is trying to cause a rift between the pilot groups of PSA, PDT, and ALG with this news in order to get the pilots to agree to allow the placement of 70 seaters with the provisions set up by the Mainline MEC.
Although it would make me very happy to get the furloughed employees back in the air, 100% of any seat would be detrimental(sp) to the pilots at the WO carriers. Going back to jet4jobs, 50/50 is the only fair way for all involved.
PITbull
Veteran
- Dec 29, 2002
- 7,784
- 456
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On 5/12/2003 12:41:25 PM High Iron wrote:
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High Iron, Dio:On 5/12/2003 12:41:25 PM High Iron wrote:
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On 5/12/2003 12:33:04 PM diogenes wrote:
The way I heard it, U put the squeeze on Bombardier for a 25% discount, who in turn, put the squeeze on their employees for concessions.
Round and round it goes, and where it stops, we now know - the poorhouse (''cept the Palace types). Didn''t Marie Antoinette get a serious haircut for "let them eat cake?"
One can hope!
----------------
More or less my take on it as well. Sometimes you have to believe what your eyes tell you, "conspiracy theory" apprehension notwithstanding. I mean, there hasn''t been a better time to make a massive push toward a plutocracy, has there?On 5/12/2003 12:33:04 PM diogenes wrote:
The way I heard it, U put the squeeze on Bombardier for a 25% discount, who in turn, put the squeeze on their employees for concessions.
Round and round it goes, and where it stops, we now know - the poorhouse (''cept the Palace types). Didn''t Marie Antoinette get a serious haircut for "let them eat cake?"
One can hope!
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Conspiracy theory....absolutely.
