Industry
Aerospace
Rolls-Royce cuts 9,000 jobs as aviation reels
CEO says most of the cuts will take place in the civil aerospace business.
Bombardier starts gradual resumption of manufacturing, reports Q1 loss
Expects business activity to hit a low point in Q2, before gradually recovering in the second half of the year.
Feds extend fighter jet competition for a second time
COVID-19 cited for the delay, move ensures all suppliers are able to submit their most competitive offer.
Canada invests another $70M in F-35 development
No commitment to buy but staying in the program has advantages: partners get a purchasing discount.
Héroux-Devtek restructures amid COVID-19 pandemic
Closing its Alta Precision plant in Anjou, acquired last year; 225 employees affected, 125 in Quebec.
Hundreds of Quebec aerospace workers to be laid off
Airbus is waiting for “clear visibility” while Pratt & Whitney is resounding to pressure on the order book.
De Havilland announces phased return to work and resumption of activities
The phased return to work follows the temporary suspension of manufacturing operations on March 20
MDA receives $190M contract to support robotic operations on ISS
The contract provides for ongoing operations and maintenance of the Canadian contribution to the International Space Station, including the Canadarm2 and Dextre robotics systems
Boeing to cut 10% of workforce as Q1 revenue, profit slide
Aerospace manufacturer will be accomplished through attrition, paying people to leave and layoffs.
Bombardier recalling 11,000 as Quebec prepares to reopen economy
About 70% of the pane and train maker’s Canadian workforce of more than 17,600 employees had been temporarily laid off.
Bombardier to help make 18,000 ventilators at shuttered Thunder Bay plant
Will carry out sanding, painting and assembly work on the equipment for Brampton, Ont.-based O-Two Medical Technologies.
CAE recalls laid-off employees, signs contract with feds for ventilators
Ventilator design and testing is being finalized with an order from the federal government for 10,000 units.
Airports forecast $2B loss by June as COVID-19 halts travel
Many parts of the aviation sector confronting a possible shutdown unless federal relief arrives, says Canadian Airports Council.
Airports poised to lose $1.3B amid travel collapse, says industry group
Many major airlines will be operating at half capacity by next month amid border closures and slashed flight schedules.
Eric Martel leaving Hydro Quebec to become president, CEO of Bombardier
Alain Bellemare is out; Martel said he is excited and honoured to rejoin Bombardier as it begins a new chapter
Air Canada cancels order for 11 Boeing 737 Max jets [UPDATED]
Airline says the move reflects “evolving, long-term fleet planning requirements.”
Virus outbreak could cost airlines $113B: industry group
IATA says industry urgently needs help from governments in waiving some requirements and fees to alleviate the burden on airlines.
Nordic is De Havilland’s first customer for Dash 8-400 bin extension
Danish aircraft lessor gets additional stowage volume in the aircraft’s cabin designed to accommodate roll-aboard bags, reducing the need for gate check service.
Air Canada signs two Quebec aircraft maintenance deals, subject to Transat deal
The airline has signed agreements with AAR and Avianor for several Airbus models
Mars lander confirms quakes, even aftershocks on red planet
The basic cause of Martian quakes is a long-term cooling of the planet, which makes it contract, fracturing its brittle outer layers
Lauak Canada establishing aerospace centre in Mirabel, Que.
The federal government is providing $3 million in funding for the advanced technology aeronautics centre.
Bombardier investors flinch at sale of train division to Alstom, stocks drop
Concerned about pure business jet play; higher margins but the luxury industry is more volatile than rail.
Bombardier sells C Series stake for $591M, now out of commercial aviation
Transferred shares to Airbus SE and the Quebec government in a move to emerge from more than $9 billion in debt.
Bombardier to report earnings as future hangs in the balance
Possible sale of the plane-and-train maker’s Quebec-based business jet unit or its Berlin-based rail subsidiary.
Disasters foretold: Boeing 737 Max 8 and Lac Megantic
Is the erosion of regulations to blame for notorious transportation tragedies?
Quebec premier says returns will fly high with $30M airship investment
Would transport heavy cargo to the province’s far north by 2022-23.
Dash 8 joins federal marine surveillance program
The aircraft will be modified to detect oil spills, monitor ships and whale movements.
Liberals face prickly decision over fate of Challenger jets
Need to replace the aircraft was flagged to Trudeau in a memo from officials following the election.
Airbus nears settlements with US, UK, France over fraud, bribery cases
Details of how much it could pay to settle the cases were not released, but it could reach billions of euros.
SNC-Lavalin recruits ex-Bombardier exec to lead transformation
Veronneau, who led negotiations to sell Bombardier’s majority stake in the C Series to Airbus, will handle the firm’s strategic transformation.
Selling aviation makes sense for Bombardier, says industry analyst
Its railway operations are a steadier generator of cash flows, but the sale of aviation could face political opposition because it is a major Canadian employer
Air Canada, WestJet scrub Boeing 737 Max from schedules until June
Ottawa banned the 737 Max from the skies last March following two fatal crashes.
