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  • Eternal CEO-backed LAT Aerospace buys Bombardier private jet; Deepinder Goyal denies deal

    Deepinder Goyal said LAT Aerospace is a startup focused on building planes for regional aviation and "has not bought any private jet." He added that the company is not in the business of buying planes.

  • Adani group in talks with Canada’s Bombardier to collaborate on aircraft services, MRO: CNBC-TV18

    Adani group in talks with Canada’s Bombardier to collaborate on aircraft services, MRO: CNBC-TV18

    The likely pact will look at harnessing Bombardier’s expertise to elevate MRO standards in general aviation, the report added

  • SpiceJet, curiously, is not flying metro routes. Why is that?

    SpiceJet, curiously, is not flying metro routes. Why is that?

    The airline has delayed Q4FY22 and full-year FY22 results citing a ransomware attack so the latest financials are not known. But in the third quarter—the best post-COVID lockdown—the airline clocked a revenue of Rs 2,259 crore.

  • Alstom cancels order bagged from MMRDA for supply of coaches for Mumbai Metro 4

    Alstom cancels order bagged from MMRDA for supply of coaches for Mumbai Metro 4

    MMRDA says two metro lines to start operations soon. Alstom said that cancelling the coach order for Mumbai Metro 4 will not have an impact on its ongoing and future projects.

  • Bombardier to end production of iconic Learjet in 2021, cut 1,600 jobs

    Bombardier to end production of iconic Learjet in 2021, cut 1,600 jobs

    Bombardier said it will continue to support the Learjet fleet, and existing jets will fly for many more years.

  • Indian Railways' private train project: GMR, Bombardier, BHEL and 13 others show interest

    Indian Railways' private train project: GMR, Bombardier, BHEL and 13 others show interest

    Railways invited proposals from companies earlier in July to run 151 modern passenger trains on 109 pairs of routes across the country.

  • Coronavirus impact: Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales

    Coronavirus impact: Bombardier to cut 2,500 aviation jobs as COVID-19 hurts sales

    "Now with business jet deliveries, industry-wide, forecasted to be down approximately 30 percent year-over-year due to the pandemic, Bombardier must adjust its operations and workforce to ensure that it emerges from the current crisis on solid footing," the company said in a statement.

  • Alstom reaches preliminary deal to buy Bombardier train unit: Report

    Alstom reaches preliminary deal to buy Bombardier train unit: Report

    Quebec pension giant Caisse de dépôt et placement, which owns a 32.5% stake in Bombardier's train unit, has agreed to sell its stake to Alstom and buy a minority stake in the combined train company, the report added.

  • Bombardier to sell regional jet business to Mitsubishi for $550 million

    Bombardier to sell regional jet business to Mitsubishi for $550 million

    Bombardier has been selling some of its businesses and recently combined its aviation units to focus more on profitable business jets and passenger rail cars.

  • SpiceJet to add five more 90-seater Bombardier Q400s to fleet

    SpiceJet to add five more 90-seater Bombardier Q400s to fleet

    Three of these planes will join the fleet in the next ten days while the remaining two will be inducted by June, SpiceJet said in a statement.

  • Bombardier to axe 500 jobs in Northern Ireland

    Bombardier to axe 500 jobs in Northern Ireland

    The struggling group is one of the biggest employers in Northern Ireland, with a large base in Belfast where it produces the wings for its C-Series aircraft.

  • Bombardier to cut 5,000 jobs, sell units; share dive on cash flow worries

    Bombardier to cut 5,000 jobs, sell units; share dive on cash flow worries

    The Canadian plane and train maker said it would only be able to meet its 2018 free cash flow estimate by using $635 million in proceeds from the sale of a Toronto plant earlier this year.

  • High input tax undermines viability of foreign locomotive manufacturers

    High input tax undermines viability of foreign locomotive manufacturers

    Input tax credit has piled up for these companies because most feeder products are taxed at 18-28% under the GST, while railway locomotives fall under the 5% tax bracket

  • SpiceJet plans to buy 50 turboprop planes for $1.7 billion

    SpiceJet plans to buy 50 turboprop planes for $1.7 billion

    SpiceJet, which has drawn up ambitious expansion plans, has signed a letter of intent with Bombardier Commercial Aircraft to buy up to 50 Q400 turboprop aircraft.

  • New player in the sky: Zoom Air to take off on Feb 15

    New player in the sky: Zoom Air to take off on Feb 15

    A new entrant, Zoom Air, in the aviation space will spread its wings and start its commercial operations from February 15, reports Hindu Businessline. This 10th player will focus on regional connectivity and give people belonging to tier II and III cities the opportunity to travel as per a time convenient for them.

  • Bombardier to make India exports hub for passenger trains

    Bombardier to make India exports hub for passenger trains

    Canada-based passenger trains maker Bombardier is planning to develop India as the exports hub for its products and solutions to cater to Europe, South America and the Middle East markets.

  • Tech Mahindra up 1.5% on agreement with Bombardier

    Tech Mahindra up 1.5% on agreement with Bombardier

    Bombardier Commercial Aircraft and Tech Mahindra have signed an agreement under which Tech Mahindra will develop the Aircraft Ground Support Systems (AGSS) for Bombardier's Aircraft Health Management Systems (AHMS) for the C series family of aircraft.

  • India invites French investment in aviation sector

    India invites French investment in aviation sector

    Minister of State for Defence Rao Inderjeet Singh also held a series of meetings with the companies present in the defence sector, including Dassault, from which India has decided to purchase 36 Rafale fighter jets.

  • SpiceJet soars 13% as it turns profitable in Q4

    SpiceJet soars 13% as it turns profitable in Q4

    Profit was boosted by exceptional gain of Rs 61.35 crore due to insurance claims received for one of its damaged Bombardier Q400 aircraft. However, the airline company‘s total income plunged 50 percent.

  • SpiceJet Q4 net at Rs 22.5cr on exceptional gain of Rs 61cr

    SpiceJet Q4 net at Rs 22.5cr on exceptional gain of Rs 61cr

    The low-budget airline company‘s total income plunged 50 percent. The airline ended the quarter with a load factor of 81 percent.

  • Spicejet says to raise more funds, increase fleet size

    Spicejet says to raise more funds, increase fleet size

    In March, Indian courts had ordered India's aviation regulator to deregister 11 of SpiceJet's Boeing planes following disputes with three lessors.

  • Metro proposals for 9 cities under consideration: Naidu

    Metro proposals for 9 cities under consideration: Naidu

    With such expansion of metro services, the demand for rolling stock is set to increase and keeping this in view, government is encouraging production of metro coaches in the country.

  • PM woos Hannover investors, seeks strong Indo-Germany ties

    PM woos Hannover investors, seeks strong Indo-Germany ties

    Inaugurating the Hannover Messe, a business fair, with German Chancellor Angela Merkel, the Prime Minister said India is working on a "predictable and transparent" environment to open up investments.

  • SpiceJet makes part payment of dues to AAI

    SpiceJet makes part payment of dues to AAI

    "SpiceJet has paid a part payment of Rs 25 crore to the Airports Authority of India towards the dues it had accumulated due to the cash crunch last year," sources told Media here on Wednesday. The AAI received the part payment of around Rs 300 crore dues yesterday, they said.

  • SpiceJet to add 7 planes;another Rs 500cr infusion in April

    SpiceJet to add 7 planes;another Rs 500cr infusion in April

    As it embarks on a revival path, budget carrier SpiceJet plans to lease seven more Boeing 737 aircraft by May while another Rs 500 crore is expected to be infused by its new owner Ajay Singh next month.

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