Market Presence. The number of orders for the CRJ1000 remains disappointing. By comparison orders for the E190 number 575 with a backlog of some 60 aircraft. There was always expected to be a limited number of orders given the prescriptive nature of scope clauses in the US but with only 70 orders to date from four customers the outcome has been less than encouraging. Even the order for 12 units from Nordic Aviation Capital has done little to improve the operator base.
Market Outlook. While orders for the CRJ1000 are limited the expansion of the CRJ900 customer base provides an indication of the potential for improvement in the coming years with respect to the CRJ1000 though this now seems modest. The demand of operators for larger capacity and therefore lower unit costs will see a move from smaller capacity equipment to those featuring more seats. New operators can be expected to be emerging but limited appetite. The placement of orders by lessors will provide considerable opportunity to increase the diversity of operators and relieve Bombardier of sales efforts though at the price of higher discounts. A greater operator base would do much to increase the perception for residual values but to date the operator base remains limited and this will hamper residual values.