Rob Dewar, VP & GM CSeries Program, spoke with us today about the tightening timeline the program is facing. Although this is not big news, he shares that the program has already seen significant benefits from its investments in its CIASTA investment - they have been able to accumulate ten times the flight hours that a typical program (flying an airplane) is capable of doing. The assembly team is also seemingly trained and well down the learning curve. But, based on this call we think there won't be a first flight in 2012. First quarter 2013 seems more likely.