Bombardier exec: Fleet optimization is for profitability

09/27/2010 | Bloomberg

New, fuel-efficient aircraft are the airline industry's best hope for consistent profits, according to Gary Scott, president of Bombardier's commercial aircraft unit. Scott told an aviation conference on Sunday that airlines are "struggling just to reach 2% of revenue" in earnings, a situation that is "not sustainable." Bombardier's upcoming CSeries jet, which claims 20% less fuel burn than competing models, is one example of the kind of fleet optimization that "will drive airline profitability through cost savings and revenue growth, and help enable new business models," Scott said.

View Full Article in:

Bloomberg

Published in Brief:

SmartBrief Job Listings for Government & Nonprofit

Job Title Company Location
Corporate Relations Associate
National Gay and Lesbian Chamber of Commerce
Washington, DC
Sales Engineer: Aerospace and Defense
Hydra-Electric Company
Burbank, CA
Supplier Quality Engineer
Pratt & Whitney
East Hartford, CT
Membership Ambassador
The National LGBT Bar Association
Washington, DC
Senior Electrical Sensor Engineer
Hydra Electric Company
Burbank, CA