Bombardier’s announcement that it will cut about 5,000 jobs in the next 12-18 months came as a “shock” to the Machinists Union, which represents 20,000 Bombardier workers in Quebec.
Describing it as “non-core,” Bombardier is to sell its Q400 regional turboprop program to Longview Aviation Capital, parent company of Canada’s Viking Air.
Longview Aviation Capital entered the picture in 2016, when it was formed to manage a portfolio of long-term investments in the Canadian aerospace industry.
The U.S. Transportation Department inspector general has initiated an audit of the FAA and industry program to provide timely, automated authorization of drone flights near airports.
Israel Aerospace Industries (IAI) is hoping to propose its conformal airborne early warning (AEW) derivative of the Gulfstream G550 business jet to the UK RAF.
Diamond Aircraft Industries has flown the first multi-engine hybrid-electric aircraft, a demonstrator developed jointly with electric motor supplier Siemens.
Operators say Bombardier’s Global 5000 has the best cabin of any business aircraft in this range class, along with unsurpassed long-range cruise speed and nearly best-in-class runway performance.
A Sino-Czech team is close to launching preliminary design of a new nine-seat utility aircraft to rival the Cessna Caravan that could enter service in 2025.
ATR has released its first-ever market forecast focused on China, estimating the thus-far nonexistent market for regional turboprops in the country will need 1,100 aircraft, worth $25.6 billion, by 2037.
Acting FAA administrator Dan Elwell wants to see funding reform from Congress, noting the current practice of appropriating through continuing resolutions complicates planning and budgetary efforts at the agency.
The head of IATA, in a speech to Arab airlines and aviation organizations, continued his advice to governments to be cautious about turning to the private sector to solve their aviation infrastructure challenges.
Bell has selected battery developer Electric Power Systems (EPS) to provide energy storage for eVTOL and on-demand mobility aircraft now under development.
Executive AirShare, a fractional ownership and charter company based in Lenexa, Kansas, has changed its name to Airshare as it works to attract more customers.
Aircraft utilization in business aviation rose 5.7% in the third quarter compared to a year ago, averaging more than 30.3 hr., according to Jet Support Services’ Business Aviation Index.
Qatar Airways plans to grow its fleet of for-charter business jets to 35 from the current 14 and replace the seven Bombardier Global 5000s and 6000s that it now operates with Gulfstream G500s, Group CEO Akbar Al Baker says.