Bombardier Aerospace announced late last week that Delta Air Lines agreed to order 75 of the company's C Series airliners in a deal worth up to $5.6 billion. Shortly after the deal's announcement, Bombardier flew one of its C Series demonstrators down to Delta's Atlanta headquarters for journalists and the airline's staff to get a closer look. Although Bombardier has been a glob...
The business jet market, a cash cow for Bombardier Inc. that financed much of the early development costs of its C Series plane, is recovering from the steep dive it took during the recession but has a long way to go before returning to the heady days of the mid-2000s. Bombardier remains the biggest player by number of planes sold, but could be overtaken by Gulfstream this year after deliberate...
The company that operates EHS LifeFlight says Transport Canada agreed more than a decade ago that the helicopter met the intent of safety regulations, and it doesn't know what prompted the agency to raise concerns about hospital helipad landings last month. Canadian Helicopters Ltd. says it would have faced fines or had its helicopter grounded if it continued landings at QEII Health Sc...
The recent Delta Air Lines order has restored some confidence in Bombardier and may lead to more CS100 orders. Boeing and Airbus have long been ruling the aerospace market with their single-aisle 737 aircraft and A320 series. However, the recent Delta Air Lines Inc.'s firm order of 75 CS100 with Bombardier shows that the monopoly might soon come to an end. Airlines all around the wo...
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...
