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Aerospace

News Aerospace Manufacturing General
October 2, 2020  

Head of Bombardier Aviation leaving as company streamlines

Aerospace company focusing on business jets, Coleal eligible for severance pay of about US$3.1 million.

News Aerospace Manufacturing General
September 30, 2020  

Uncertainty rises around $500M sale of Bombardier plants to Spirit

Deal may not close by the drop-dead date of Oct. 31, which Spirit says could prompt litigation.

News Aerospace Manufacturing General
September 23, 2020  

Bombardier aerostructures sale comes into question, shares hit new low

The US$500-million sale of facilities in Belfast and Morocco forms a key part of the aircraft maker’s shift to pure-play private jets.

Insight Aerospace Economy General
August 13, 2020  

Bombardier the poster child of pork barrel cronyism

Instead of picking winners and losers, governments should step back and let markets work.

News Aerospace General
August 12, 2020  

CAE to lay off 350 mostly Canadian employees, as Q1 revenue drops

About 200 of the layoffs will be at the flight simulator maker’s headquarters in Montreal.

News Aerospace Manufacturing General
August 12, 2020  

Unifor, automakers begin negotiations with COVID-19, economy in focus

On the lookout for attempts by manufacturers to use COVID-19 as an “excuse” going forward.

News Aerospace Transportation General
August 6, 2020  

Bombardier Q2 net loss widens while revenues plunge due to COVID-19

Revenues for the three months ended June 30 plunged 37% to $2.7 billion from $4.3 billion a year ago

News Aerospace Manufacturing General
August 5, 2020  

FAA: Boeing pressured safety workers at SC aircraft plant

The U.S. FFA said that for nearly two years Boeing made employees doing safety checks report to managers who weren’t in position to oversee the work

News Aerospace Manufacturing General
August 5, 2020  

FAA spells out design changes needed in grounded Boeing jet

It is not clear when the U.S. FAA will lift its March 2019 order grounding all Max jets

News Aerospace General
July 30, 2020  

NASA launches Mars rover to look for signs of ancient life

The rover is expected to descend to the Martian surface on Feb. 18, 2021

News Aerospace Manufacturing General
July 29, 2020  

Troubles abound, Boeing losses bloom to US$2.4B in 2Q

Boeing has 450 finished Max jets stacking at various locations

News Aerospace General Machinery and Equipment Maintenance
July 22, 2020  

Cascade Aerospace awarded Bangladesh Airforce contract

Will perform inspections, overhaul components and provide additional maintenance work.

News Aerospace Energy Manufacturing General Sustainability
July 8, 2020  

Air Transat signs deal to use jet fuel made from captured CO2

SAF+ Consortium is setting up a pilot plant in Montreal to make the kerosene used for synthetic jet fuel.

News Aerospace General
June 29, 2020  

Japan to boost space co-operation with U.S. in revised policy

Japan will seek to co-operate with the U.S. in sending astronauts on an American lunar mission

News Aerospace General
June 23, 2020  

Virgin Galactic inks NASA deal for commercial space flights

Company to recruit candidates interested in purchasing private missions to the space station.

News Aerospace Manufacturing Business Operations General
June 19, 2020  

Bombardier chairman defends $17.5M severance for former CEO

Beaudoin tells shareholders the board “respected the company’s contractual obligations” to the former chief executive.

News Aerospace Government General
June 16, 2020  

Temperature screening to be required at Canadian airports

Feds are taking a phased approach to implementing temperature screening.

News Aerospace General
June 15, 2020  

WestJet releases July schedule for air travel

Airline continues to focus on significant safety and hygiene enhancements to ensure a safe travel journey

News Aerospace Manufacturing General
June 15, 2020  

Bombardier to be dropped from S&P/TSX composite index

Company says the move doesn’t change anything in terms of its liquidity and status as an actively traded stock on the TSX.

News Aerospace Manufacturing General
June 5, 2020  

Bombardier will cut 2,500 jobs from its aviation side

Most reductions will impact manufacturing operations in Canada and take place progressively throughout the year.

News Aerospace General
June 4, 2020  

Shareholder group objects to former Bombardier CEO special payment

Advisory agency says practises raise “serious questions” given the company’s weak financial performance before his dismissal.

News Aerospace Manufacturing General
June 2, 2020  

Bombardier exits commercial jets with closure of US$550M CRJ deal

Paves the way for the aircraft manufacturer to focus on its sole future income stream – private jets.

News Aerospace General
May 28, 2020  

Boeing slashes 12,000 jobs as virus seizes travel industry

Aerospace giant said it would cut 10% of a workforce that numbered about 160,000.

News Aerospace General
May 26, 2020  

First commercial space taxi a pit stop on Musk’s Mars quest

Space is becoming the domain of private firms, with eccentric Elon Musk’s SpaceX at the forefront.

News Aerospace Manufacturing General
May 25, 2020  

CAE foresees ‘major disruptions’ into autumn due to COVID-19

CEO Marc Parent believes 2020-21 “will be a tale of two halves” for the flight simulator manufacturer.

News Aerospace Manufacturing General
May 25, 2020  

Boeing to reduce workforce by 400 in Winnipeg due to pandemic

Reductions will come from voluntary and involuntary layoffs and normal attrition.

News Aerospace Government General
May 21, 2020  

Canada turns to US Navy for help recovering downed military chopper

Experts say examining the main wreckage could provide important clues to the cause of the crash off the Greek coast.

News Aerospace Manufacturing General
May 20, 2020  

Rolls-Royce cuts 9,000 jobs as aviation reels

CEO says most of the cuts will take place in the civil aerospace business.

News Aerospace General
May 7, 2020  

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.

News Aerospace General
May 7, 2020  

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.

News Aerospace Government General
May 6, 2020  

Canada invests another $70M in F-35 development

No commitment to buy but staying in the program has advantages: partners get a purchasing discount.

News Aerospace Manufacturing General
May 5, 2020  

Héroux-Devtek restructures amid COVID-19 pandemic

Closing its Alta Precision plant in Anjou, acquired last year; 225 employees affected, 125 in Quebec.