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Air Canada concludes additional financing
Jan. 30, 2009, Montreal - Air Canada today announced that it has concluded a secured financing transaction valued at US$37 million (approximately C$46 million) with Norddeutsche Landesbank Girozentrale.
Airbus strikes new China joint venture
Jan. 30, 2009, Paris, France - Airbus said today that it has reached a deal with Chinese partners to set up a manufacturing centre for aircraft composite parts in the northern city of Harbin.
Production Resumes on Boeing 787 Dreamliners with Fifth Flight-Test Airplane
Jan. 30, 2009, Everett, WA - Production of Boeing resumed yesterday with the join of the fifth airplane designated for flight test.
Bombardier expands worldwide service and maintenance network
Jan. 30, 2009, Montreal – Bombardier Aerospace has added a new Line Maintenance Facility (LMF) and increased capabilities at two existing facilities.
14th Annual Corporate Aircraft Transactions
Jan. 30, 2009 – Back for its 14th year, this premier event brings together seasoned advisors to address current changes in the landscape of private jet ownership.
Aircraft maker Boeing posts loss, announces 10,000 job cuts
Jan. 30, 2009, Pittsburgh, PA - Facing weaker air traffic and pressure on military budgets, Boeing Co. announced plans to cut 10,000 jobs after reporting a surprise fourth-quarter loss this past Wednesday.
ATR North America welcomes new V.P.
Jan. 29, 2009, Dulles, VA - ATR North America announces its new vice-president of sales, Mark Neely.
Goderich Aircraft Inc. moves forward with expansion
Jan. 28, 2009, Goderich, Ont. - Goderich Aircraft Inc., an international luxury aircraft refurbishment business is strengthening its competitive position in the VIP conversion business sector.
NAV CANADA and Aéroports de Montréal invest in new technology
Jan. 28, 2009, Ottawa – NAV CANADA and Aéroports de Montréal (ADM) announced today that they are jointly investing in a new multilateration surface surveillance system that will improve aircraft and vehicle visibility.
General Dynamics fourth quarter profit rises nearly six per cent
Jan. 28, 2009, Washington, DC - U.S. defence contractor General Dynamics Corp. said Wednesday that its fourth-quarter earnings rose on higher profits in its business jet and shipbuilding units.