Canadian Electronics DPN PIQ
MONTREAL - Program delays and cash concerns within Bombardier's aerospace division won't deter Air Canada from considering its new CSeries commercial aircraft, Air Canada CEO Calin Rovinescu said Tuesday.
Published in Aerospace
MONTREAL - Bombardier is undergoing another executive shakeup, this time hitting the transportation giant's most senior level, as it adjusts to the soaring cost of the new CSeries passenger jet.
Published in Aerospace
MONTREAL - Bombardier Inc. is preparing to sell its Military Aviation Training unit for C$19.8 million to CAE Inc., a Montreal-based company that specializes in training equipment and services. Among other things, CAE will take over as prime contractor for the NATO Flying Training in Canada, or NFTC, a program that Bombardier has been operating out of Canadian Forces Base Moose Jaw in Saskatchewan and CFB Cold Lake in Alberta.
Published in Aerospace
MONTREAL - Bombardier shares slipped to a near six-year low Friday a day after concerns about liquidity and the pausing of a business jet program caused them to fall more than 25 per cent.
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Ottawa has announced a $300-million investment in Pratt and Whitney Canada to help the company develop and build the next generation of jet engines.
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Bombardier is suspending negotiations on a $3.4-billion proposal to assemble turboprop aircraft in Russia due to the country's political situation and weak economy.
Published in Aerospace
Bombardier Aerospace announced this week that the development of the CSeries aircraft is making excellent progress as the program readies to transition to the flight test phase in order to achieve first flight by the end of June 2013.
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SINGAPORE (CP) - Export Development Canada announced a deal with a major China-based leasing company Wednesday aimed at promoting the use of Bombardier Inc. aircraft in that country and elsewhere.
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Toronto - Bombardier Aerospace announced yesterday that Geneva-based PrivatAir has placed a firm order for five CS100 airliners and has taken options on an additional five CS100 aircraft.
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MONTREAL, QUEBEC - Bombardier Aerospace has secured a firm order for two Challenger 605 aircraft from the Hong Kong Government Flying Service (GFS) for use primarily in search and rescue, as well as other special mission applications. The aircraft will be manufactured at Bombardier's facility in Montreal, Quebec, and outfitted with special mission equipment by a sub-contractor to Bombardier.
Published in Aerospace
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