Industry
Aerospace
Airbus CEO warns it could leave UK in event of no-deal Brexit [UPDATED]
“Please don’t listen to the Brexiteers’ madness which asserts that, because we have huge plants here, we will not move and we will always be here,” Tom Enders said. “They are wrong.”
Airbus starts work on A220 assembly line six months after Bombardier sold jetliner
Plant construction complete or not, production of the narrow-body aircraft is to start in the third quarter.
Airbus open to a fighter plane assembly plant in Quebec ahead of federal bids
Boeing, Lockheed Martin and Saab are all in the running alongside Airbus for the federal contract.
GM rejects Unifor proposals to keep Oshawa assembly plant open past 2019
“GM today, by reconfirming their decision, has not only picked a fight frankly with Unifor, but they have picked a fight with all of Canada,” said Jerry Dias.
Aerospace centre explosion in India kills 1, injures 3
The suspected cause is a hydrogen cylinder.
Honeywell moving headquarters, 750 jobs to North Carolina
About 1,000 employees will remain at six Honeywell locations in New Jersey.
Planet Earth working on 3 Mars landers to follow InSight
A European-Russian robot, a Chinese craft, and an orbiter from the United Arab Emirates are due to explore the red planet.
Mars touchdown: NASA spacecraft survives supersonic plunge
The InSight spacecraft is safely on the red planet’s surface. It will monitor Mars’ internal temperature and measure quakes.
Experimental plane flies silently, may lead to quiet drones [WATCH]
The craft generates thrust by applying a strong electric field to the air, a process called “ionic wind.”
GE’s sprawling power, aviation, health care arms add risk
The sprawling company’s broad reach has left it vulnerable to market shifts in many industries.
NASA wants Canadian boots on the moon but feds still pondering space options
On a two-day trip to Ottawa, the NASA chief made an impassioned pitch for Canada to continue its decades-long space partnership with the U.S.
Bombardier CEO’s absence from special meeting defended after 5,000 layoffs
Bellemare has avoided interviews since word of the job cuts last week alongside Q3 results.
Bombardier cutting about 5,000 jobs as part of restructuring plan
The company also announced the sale of what it called a number of non-core assets.
Airbus delivers A220 jet to Delta, hoping to bring venture back to black
European plane-maker aims to cut supply costs in order to restore the program to profitability.
Bombardier CEO tried to resolve trade secret row with Mitsubishi before lawsuit
Alain Bellemare warned Mitsubishi Heavy Industries board chairman Hideaki Omiya that the practices of subsidiary Mitsubishi Aircraft were causing “significant harm” to Bombardier.
Bombardier sues Mitsubishi over alleged theft of aircraft trade secrets
Alleges some former employees passed on documents before going to work for the Japanese company.
China says accusations against alleged spy ‘out of thin air’
Alleged Chinese spy accused of attempting to steal secrets from US aerospace companies.
Canada’s economy surges in second quarter on higher exports: StatCan
Economy rocketed to an annualized pace of 2.9 per cent in the period from April 1 through June 30.
Air Canada says mobile app breach may affect up to 20,000 customers
Aeroplan numbers, passport numbers, birth dates, nationalities and countries of residence could have been accessed.
Bombardier revises deal to sell regional jets to Chinese leasing company
The revised order would have a list-price value of US$420 million.
Statistics Canada says retail sales fell 0.2 per cent to $50.7B in June
Economists had expected an increase of 0.1 per cent in June.
Water is buried beneath Martian landscape: study
Research suggests a 12-mile-wide reservoir lies below ice about a mile thick in an area close to the planet’s south pole.
Canada’s wholesale sales rise 1.2% in May: Statistics Canada
Construction materials show strength, automotive and supplies fall.
NRC and Airbus renew research and technology agreement
The deal enhances the aerospace giant’s relationship with Canadian research.
Nova Scotia spaceport submits report for environmental assessment
The company behind the Canso Spaceport Facility is on track to start construction by the end of this year. The goal is to put satellites into orbit for commercial purposes.
Israeli company plans lunar landing next year
The US$95 million project, largely funded by South African-Israeli billionaire Morris Kahn and other donors, aims to land on the moon on Feb. 13.
Airbus renames C Series aircraft developed by Bombardier as the A220
The name change comes after Airbus officially took a majority stake in the C Series program July 1.
Bombardier and Canadian canola stand to benefit from Chinese tariffs on U.S.
As China and the U.S. sock each other with tariffs, Canadian industries can potentially cash in.
Embraer joint venture with Boeing could be tough on Bombardier: analysts
Boeing will own 80%, Embraer 20%; the $4.75 billion deal, expected to close toward the end of 2019.
C Series orders and name change on the horizon: Airbus CEO
Says the main focus will be to sell the planes and drastically reduce production costs.
Bombardier pouring millions into creation of GTA aerospace hub
Downsview Aerospace Innovation and Research Consortium will set up a centre where academic, industry leaders collaborate.
Airbus and Bombardier C Series deal to close on July 1
Companies expect deliveries this year to double from the 17 aircraft in 2017.
