Airbus has just re-branded the Bombardier C Series jet acquired in a recent deal with the Canadian plane maker as the A220 and has already set “double-digit” and even “triple-digit” sales targets for the A220-100 and A220-300 models, formerly known as CS100 and CS300.
The rebranding seals the takeover of the loss-making Montreal-based aircraft program with Bombardier and Investissement Québec that came into effect on July 1, 2018.
Airbus revealed the A220 at a ceremony held at the company’s headquarters operation, Henri-Ziegler Delivery Centre, near Toulouse, France. The A220-300 landed directly from the painting at 12:25 am CEST, July 10, 2018, at the Toulouse-Blagnac Airport (TLS) wearing its new Airbus name and livery. The European plane maker has hailed the introduction of the A220 Family, the latest member of Airbus’ single-aisle jetliner product line, as a “historic moment” for the company.
The A220 family comprises two models, the A220-100 and the A220-300, formerly Bombardier’s C Series. The 110-seat CS100 will be known as A220-100 and the 130-seat model, formerly CS300, will now be known as A220-300. According to Airbus, the aircraft are fully optimized for the 100 to 150 seat market and will “perfectly complement” the plane maker’s existing best-selling A320neo family.
Airbus CEO Eric Schulz says his company is “enthusiastic” about selling the A220, considering its technology which should give the aircraft a decisive edge in a very competitive market. Shulz also expressed his “optimism” that Airbus will support to make the new A220 “a great commercial success."
In fact, Airbus has already set a target of at least 100 orders for the aircraft by the end of 2018 alone, as David Dufrenois, the program’s sales chief, was quoted saying at the unveiling ceremony in Toulouse by Bloomberg.
“I don’t think it will be very long before we see the first results on the market,” Airbus CEO was quoted as saying in a separate report by Reuters. Over the next 20 years, the European plane maker aims to reap a “triple-digit” level of sales of the jet. The company also expects a demand for a total of 7,000 jets in the A220 category over the same period, including Airbus‘ own A319.
Source: Airbus, 2018
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Wednesday Jul 11, 2018