The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions. The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions. The two companies, which announced the deal in August 2019 and had planned for the transaction to close in mid-2020, clear a major hurdle with the government approval, but are still awaiting a verdict from European...Continue Reading
Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan to eliminate hundreds of millions in annual costs and recapture profitability. Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan to eliminate hundreds of millions in annual costs and recapture profitability. News of the changes,...Continue Reading
By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls. By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls. Learjet had hung on in recent years despite relatively few...Continue Reading
Five industry associations have joined forces to propose a plan for European aviation to reach net-zero CO2 emissions by 2050. Five industry associations have joined forces to propose a plan for European aviation to reach net-zero carbon dioxide (CO2) emissions by 2050. The Destination 2050 – A Route to Net Zero European Aviation report outlines commitments that the region’s airlines, airports, aerospace manufacturers and air navigation service providers are willing to make...Continue Reading
Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility. Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility. The move comes less than a year since it began work on the Boeing Converted Freighter...Continue Reading
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