Bombardier Aerospace concluded (21-Nov-2013) a successful week at the 2013 Dubai Airshow, having announced firm orders and commitments for up to 38 aircraft valued at up to USD2.01 billion. Air Côte d’Ivoire, Palma Holding Limited, Nok Air and Abu Dhabi Aviation signed firm orders and commitments for up to 22 Q400 NextGen turboprops, and Bombardier also confirmed that Nok Air was the launch customer for an extra capacity seating option that will allow the Q400 NextGen aircraft to accommodate up to 86 passengers. Bombardier also announced that Iraqi Airways signed a LoI for up to 16 CS300 aircraft, bringing the total number of orders and commitments for CSeries aircraft to 419. Meanwhile, Bombardier further expanded its support services in Africa by welcoming Ethiopian Airlines as an Authorised Service Facility (ASF) for commercial aircraft on the continent. The airline can now perform line and heavy maintenance on Q400 and Q400 NextGen turboprop aircraft under the Bombardier ASF banner, and its maintenance facility joins a worldwide network of more than 60 facilities authorised to work on Bombardier commercial and business aircraft. Separately, Bombardier also announced that it had signed an eight-year repair agreement with Oman Air to undertake all repair work on Rolls-Royce Trent 700 inlet cowls for the carrier’s fleet of A330 aircraft. [more - original PR]
Bombardier announces firm orders/commitments for 38 aircraft, valued USD2.01bn at Dubai Air Show
You may also be interested in the following articles...
Thailand's NokScoot plans ambitious expansion with seven more 777s and complete focus on China
Thailand’s medium/long-haul LCC NokScoot is planning ambitious expansion, with the acquisition of seven additional 777-200s. A fleet of 10 aircraft, compared with the three currently, will result in improved scale and efficiencies, potentially enabling NokScoot to become profitable.
The joint venture start-up between Thailand’s Nok Air and Singapore’s Scoot is bullish on opportunities in the fast-growing Thailand-China market. NokScoot already serves five destinations in mainland China, despite only having three aircraft.
A sixth Chinese destination is being added in Sep-2016 when Taipei – NokScoot’s only destination outside mainland China – is dropped. NokScoot needs to expand its fleet to pursue further growth in China and also still has long-term aspirations to serve Japan and South Korea.
Thailand’s Nok Air to restore domestic capacity but focus expansion on China and India
Thailand’s Nok Air is planning to focus on international expansion over the next two years with a focus on China and India. The primarily domestic LCC needs a bigger international operation to diversify its business, improve profitability and unlock a new phase of growth.
Nok has struggled over the last two and a half years to contend with intensifying domestic competition, leading to losses in 2014 and 2015. A pilot shortage led to even steeper losses in 1H2016 as Nok was forced to temporarily reduce domestic capacity and aircraft utilisation levels.
The airline is confident it can return to profitability in 4Q2016 as domestic capacity is restored and is bullish on its medium term outlook as it grows its international operation. China expansion will be the priority in 2017 followed by India in 2018, which will be served with Nok’s new fleet of 737 MAX 8 aircraft and supported by a potential new Indian partner.