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                   In Transition










                    THE REGIONAL AIRCRAFT INDUSTRY IS GOING                            Atul Chandra
                    THROUGH A PERIOD OF FLUX




        The  Regional  Transport  Aircraft  (RTA)  market  has  remained  aerospace assets into a single business unit
        subdued over the past few years and unlike the single-aisle and  called Bombardier Aviation with the focus on
        twin-aisle market segments which have seen giant leaps in tech-  its Global, Challenger, Learjet business jets,
        nology, the RTA segment has yet to see the entrance of a market  leaving only the CRJ regional jet as its sole
        disruptor. According to, ‘The Market for Regional Transport Aircraft  commercial aircraft programme.
        2018-2020’ by Forecast International, sustained growth in the
        regional aircraft market is not expected to get underway until the  It is clear that the costly Bombardier C Series
        2022-2023 timeframe.                                           single-aisle jetliner programme, has cost the air-
                                                                       framer its place in commercial aviation for the
        The yearly output from the various RTA manufacturers since 2015  foreseeable future and highlights the perils of
        has been under 350 units. Forecast International projects that  a clean sheet aircraft design. Longview will now
        3,608 regional aircraft will be produced from 2017 through 2026.  take-over aftermarket services for Q Series
        Calculated in constant 2017 U.S. dollars, the value of this production  aircraft and will continue production of Dash
        is estimated at US$132.8 billion.                              8 and Q400 aircraft from the Downsview site
                                                                       in Toronto under land lease agreements which
        These totals generally include production of jet-powered and  extend until 2023. Longview acquired the entire
        turboprop-powered regional transport aircraft types for civil use.  Dash 8 programme including the 100, 200 and
        Forecast International for its evaluation and analysis; divided the  300 series and the in-production Q400 pro-
        regional aircraft market into five seating classes, ranging from the  gramme from Bombardier Inc. The Dash 8 joins
        19-and-under passenger class to the 76-130 passenger category.  Longview’s other aircraft programmes, such as
                                                                       the Twin Otter, DHC-1 through DHC-7 series, as
        Down for the Count                                             well as the former Canadair CL-215, CL-215T,
        One airframer that is essentially out of the RTA fray is Canada’s  and CL-415 waterbomber aircraft.
        Bombardier, which concluded its sale of the Q Series aircraft
        programme assets in June, to De Havilland Aircraft of Canada  It is uncertain as to how long, Bombardier
        Limited (formerly Longview Aircraft Company of Canada Limited),  Aviation will retain the CRJ programme but
        an affiliate of Longview Aviation Capital Corp. Bombardier will be  in February it announced the launch of the
        left with US$250 million from the sale, after factoring in liabilities,  CRJ550. This new CRJ Series aircraft model,
        fees, and closing adjustments. Bombardier will now consolidate its  with  a  new  type  certificate  based  on  the


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