Air Canada and the International Association of Machinists and Aerospace Workers (IAMAW) today announced they have reached a new agreement, subject to ratification, on collective agreement terms for ten years. The IAMAW represents 7,500 Air Canada employees who work in technical maintenance and as operational support employees at airports handling baggage and in Air Canada Cargo. &ldq...
Transport Canada has announced the aircraft certification for Bombardier’s C Series, marking a significant milestone for the company and for Pratt & Whitney. “As the sole source engine provider for their C Series aircraft, Pratt & Whitney sends its congratulations to Bombardier on this historic milestone,” said Greg Gernhardt, president, Pratt & Whitney Commercial...
The Bombardier C Series CS100 won type certification from Transport Canada on Friday, clearing the way for its entry into service with Swiss International Airlines during the second quarter of next year. The approval comes more than two years after first flight and follows more than 3,000 hours of flight testing, validation of thousands of test results and authentication of design and pe...
Air Canada announced today that Craig Landry, currently Vice President, Marketing at Air Canada, has been appointed President of the Air Canada Leisure Group. In his new position, Mr. Landry will be responsible for the integrated leisure group, which consists of the Air Canada Vacations tour operator business and the leisure airline Air Canada rouge. “I am very pleased to announce Craig L...
Air Canada announced today the closing of its previously announced private offering of three tranches of enhanced equipment trust certificates, in the aggregate face amount of U.S.$537,092,000. The private offering was comprised of Class AA certificates, Class A certificates and Class B certificates. The Class AA certificates have an interest rate of 3.750% per annum and a final expected distribut...
Transport Canada has responded to two recommendations from the country’s Transportation Safety Board (TSB) to improve the safety of children traveling on commercial aircraft, including on-demand and air-taxi operations using business aircraft. The first recommendation requires operators to report on a routine basis the number of infants (under two years old) and young children (two to 1...
In 1998, Bombardier, the world's leading train manufacturer, became the last foreign company to tap into China's rail transportation market. Since then, however, the company has overwhelmed its foreign peers in market share and has become one of the nation's most successful companies within the sector. Despite the company's success, Zhang Jianwei, president of Bombardier China,...
Transport Canada (TC) says it has suspended the Air Operators Certificate (AOC) of Buffalo Aurways (J4, Yellowknife) with effect from November 30 citing the airline's poor safety record. "Transport Canada takes its aviation safety oversight role very seriously and expects every air operator to fully comply with aviation safety regulations," the regulatory body said. "Whe...
Leaping ahead of a potential carbon tax, airport makes environmental headway but most of achievement came from greener grid. Toronto Pearson International Airport’s greenhouse gas (GHG) emissions have dropped nearly by half since 2006, a feat it claims is equivalent to 44,800 tonnes worth of carbon dioxide. That fact, nine years in the making, means Toronto Pearson has joined an elite...
Bombardier continues to talk to Canadian officials about another possible $1 billion investment as it transitions from development to entry-into-service of its new CSeries program. The program received a boost from the recent $1 billion commitment from the Government of Quebec, which strengthened the company’s near-term liquidity position. The company since has asked government officials in...
Bombardier is preparing for dampened revenue next year with Global 5000/6000 production cuts and expectations of a slightly down or flat market over the next two years. David Coleal, president of Bombardier Business Aircraft, told investors on November 24 that the company has “right-sized” production and expects rates to remain flat – barring major market changes – through...
Air Canada today announced a further, strategic expansion of its Vancouver hub with the addition of the only non-stop flights to Dublin, Ireland next summer. This new seasonal route follows the recent announcement of several enhancements at the airline’s Vancouver hub for 2016, including new transborder services to Chicago, San Jose and San Diego, double daily flights to London Heathro...
