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Paris Air Show Update June 18, 1997

 


American Eagle $1.4 Billion Order Split Two Ways

In a strange turn of events, both Embraer and Bombardier claim victories in the battle for the much-publicized American Eagle order - the largest order of the Paris Air Show so far. In back-to-back press conferences this morning, the two leading regional jet manufacturers each announced major contracts with American Eagle.



Complete Story



Today's Headlines At Paris

Rolls-Royce Picks Up Almost $1 Billion
Engine orders are seen as almost a by-product of "real" orders. But, reality is like the old joke that a billion here, a billion there - pretty soon it adds up.

AlliedSignal Announces Major Orders
Allied Signal came to Paris this year with orders totaling $543 million in hand and a renewed commitment to the aftermarket.

Boeing Announces Another $453 Million
The Boeing announcements today left the Paris crowd wondering when the big orders will happen.

Airbus Introduces The New A319CJ "Corporate Jet"
It was announced over the weekend. Now it's being formally introduced with details.

Lockheed Martin Buys $1 Billion In Russian Rocket Engines
Just two weeks ago the Lockheed Martin - Intersputnik JV was announced. Today at Paris Lockheed Martin says it is buying several boatloads of rocket engines. You might call this a hot start.


Briefs At Paris

Pratt & Whitney Will Power Ilyushin
The Il-114 turboprop being shown at the Paris Air Show will soon be powered by PW127F engines, according to Ilyushin officials at the show. The new engines will cause the aircraft to be named the IL-114PC reflecting the Pratt Canada connection. The announcement reflects contract signing - the two firms had been in negotiations for two years.

Long Range EMB-145 In Works
On the heels of the American Eagle order announcement comes word from Embraer that they will soon offer an extended range EMB-145. In addition to range, the new version will gain better cruise performance in hot weather as well as increased climb capabilities.

Airbus Corporate Jet Priced Over Boeing Biz Jet
The A319 Corporate Jet will cost customers $35 million base price, in contrast to the 737-700 Boeing Business Jet's tag of $30.5 million. While Boeing's price will go up next month to $32 million with a further increase expected later in the year, the "next-generation" 737 business aircraft will still be bargain priced. Both manufacturers claim that you can pick up their aircraft after complete outfitting for a paltry $40 million.


 
 


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Industry News from Paris

Bombardier Confident About Business Jets
Bombardier's business jets division today reasserted their position as the global leader in the business jet market. However, with both Boeing and Airbus introducing new business jets to pick up the high-end and plenty of new and old competition at the low-end, Bombardier faces stiff competition.


AlliedSignal and Caterpillar Announce Alliance

In a surprise announcement today, AlliedSignal revealed its new working relationship with Caterpillar Logistics Services, Inc., a subsidiary of parent company Caterpillar. Can this alliance between bulldozers and airplanes be profitable for both companies?


Spain And Israel Commercial Launch Services Line Up For Small Payload LEO Market

Everyone's getting in on the booming commercial launch market. Here come two more.


Saab Takes New Market Approach To Sell Saab 2000

Facing competitive pressures from the regional jets, what's a respecting turboprop manufacturer to do?


Previous Paris Daily Editions

June 15, 1997
June 16, 1997

June 17, 1997
June 18, 1997
June 19, 1997