Following reports that conditions related to Spirit’s planned Bombardier acquisition may not be met by the agreement’s deadline of October 31; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Spirit ...

Bombardier confirmed today the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd (MHI) (TOKYO:7011) for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of liabilities by MHI rela...

GoJet Airlines today announced it is expanding its fleet of Bombardier CRJ-550 aircraft with the addition of 20 new aircraft.  The announcement follows GoJet's 10-year agreement to operate 54 CRJ-550 aircraft for United Airlines and will bring GoJet's total CRJ-550 fleet count to 74 by 2021. ...

Air Canada unveiled the newest member of its fleet, the Airbus A220-300, before employees and special guests at the airline's Montreal headquarters. Built in Mirabel, Quebec, the Bombardier-designed aircraft continues Air Canada's fleet modernization. "This is an historic moment for Air Canada ...

Bombardier’s 23rd annual Safety Standdown, one of the most comprehensive safety conferences in the aviation industry, is set for November 12-14 in Fort Worth, Texas. This year’s theme, “Elevate Your Standards,” prompts aviation professionals and organizations to establish new standards to p...

Mitsubishi Heavy Industries (MHI) has signed a deal to acquire Bombardier’s regional CRJ jet program for US$550 million and the assumption by MHI of liabilities of about $200 million. Under the agreement, Bombardier’s net beneficial interest in the Regional Aircraft Securitization Program (R...

Aircraft lessor TrueNoord said it has secured new investment from existing and new investors. This brings total equity available to nearly $400 million to expand its aircraft portfolio and partially refinance the existing fleet as it embarks upon the next phase of growth. It complements a senior ...