Bombardier Inc’s founding family is rejecting demands by Canada’s government to loosen its control of the company in exchange for financial assistance. “It’s not our intention to change anything in this regard,” Chairman Pierre Beaudoin said Friday in Montreal. Prime Minister Justin Trudeau’s government is said to be pushing for corporate governance change...
Air Canada reported a profit of $101 million in its latest quarter compared with a loss a year ago. The airline says the profit amounted to 35 cents per diluted share compared with a loss of $309 million or $1.08 per diluted share in the same quarter last year. Operating revenue totalled $3.34 billion, up from $3.25 billion. On an adjusted basis, Air Canada said it earned a first-quarter...
Bombardier Inc. is reported to be on the verge of announcing a big order for its CSeries passengers jets with large U.S. carrier Delta Air Lines Inc. The Globe and Mail says Bombardier will announce Thursday it has won a multi-billion dollar deal with Delta. Multiple reports have suggested that Delta could purchase up to 125 CSeries aircraft. Bombardier nearing sale for up to 125 CSeries...
Bombardier Commercial Aircraft announced that it has renewed a strategic alliance with Fokker Services, which is a subsidiary of Fokker Technologies, a GKN Aerospace division, to provide the industry-leading ABACUS FLY program to operators of Dash 8/Q Series 100/200/300 aircraft. The renewal extends the alliance by three years. Aimed at improving the availability of components and reducing oper...
The St. John's International Airport Authority says it has "full confidence" in its new instrument landing system, despite being bested by heavy fog on Friday. "The situation last Friday was exceptional," said Glenn Mahon, director of operations at the airport. "As you know, we operate in one of the most challenging weather environments in th...
The runway at Tampa Executive Airport was temporarily closed Saturday after a single-engine Bonanza landed with its gear in the up position. The pilot was the only passenger in the plane and was not injured, according to Tampa International Airport communications manager Danny Valentine. Valentine said the National Transportation Safety Board and Federal Aviation Administration will investig...
Bombardier Business Aircraft reaffirmed its commitment to the success of the Learjet product family by announcing the creation of a dedicated, worldwide sales team with the Learjet 70 and Learjet 75 aircraft as its singular focus. To that end, Mike Fahey is appointed Vice President, Learjet Aircraft Sales, assuming overall responsibility and accountabil...
Shares of Canadian airplane maker Bombardier are surging after reports surfaced indicating Delta Air Lines is close to placing a major order for the company's C-Series airliner. Bombardier stock is up more than 11% today. According to Bloomberg's Michael Sasso, Julie Johnson, and Frederic Tomesco, a source familiar with the situation said that Delta is about to...
George Neal, declared as the world’s oldest active pilot by Guinness until he hung up his helmet and goggles last year, has died at the age of 97. He passed away peacefully on April 4 in the house in North York, Ontario, in which he was born and lived all his life. “We have lost a pioneer in Canadian aviation,” said Tom Appleton, chairman of Canada’s Aviation Hall of Fame....
Air Canada and Cargojet Airways Ltd., a subsidiary of Cargojet Inc., ("Cargojet’) today announced they are finalizing a commercial arrangement that will result in Air Canada Cargo introducing dedicated freighter services from Canada to Latin America and Europe with Boeing 767-300ER freighter aircraft operated by Cargojet. Air Canada Cargo will become the only provider of direct schedule...
“Ed Force One” made its landing at Vancouver International Airport today carrying British heavy metal band Iron Maiden. The Boeing 747 plane, named after the band’s mascot “Eddie”, arrived just before 3 p.m. this afternoon from Edmonton, where the band played on Friday. The band is slated to take the stage at downtown Vancouver’s Rogers Arena on Sunda...
Cessna Aircraft has delivered a Canadian registered Citation CJ3+ aircraft to fractional operator AirSprint. Kriya Shortt, senior vice president of sales and marketing at Textron Aviation, said: “With more than 150 Cessna Citation light jets in the region, the CJ-series has proven to be the light jet of choice for Canadian operators, and we are confident the CJ3+ will be an ideal ad...
