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With the impact of COVID-19, Air Canada will temporarily reduce its workforce by 16,500 this week, in addition to reducing its Q2 capacity by 85 to 90 per cent.
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The government ministry responsible for transport law in Québec presents new airport-access guidelines for the general population, air carriers and operators.
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Close to half of WestJet’s employees, 6,900, will be leaving the Calgary-based airline as it braces for the continuing economic impact of COVID-19.
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Bombardier suspends all non-essential activities at aircraft and rail production facilities in Ontario and Quebec, affecting approximately 12,400 people.
» Read more...
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At PNC Aviation Finance, aircraft loans are what we do … and we do them well. With our team of 40+ experienced professionals dedicated exclusively to aircraft financing, we believe that our commitment to service is unmatched in the industry.
We offer a full menu of competitively structured loans that can be custom-tailored to meet your specific aircraft financing needs. Solutions include:
• Asset-based loans
• Credit-based loans
• Fixed rates, floating rates and hybrids
• Leasing options
>> Learn more |
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Canada’s Prime Minister outlines the eligibility criteria for businesses – large and small – to receive a 75 per cent wage subsidy for up to three months, retroactive to March 15. The measure is part of the government’s COVID-19 Economic Response Plan, which already commits more than $107 billion in support.
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Greater Toronto Airports Authority reports its financial and operating results for the fiscal year ended December 31, 2019, with passenger activity increasing 2.0 per cent during 2019 when compared to 2018. The airport authority, which operates Toronto Pearson International Airport, notes this moderate growth – relative to recent years – reflects global aviation industry challenges in 2019.
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Canadian aviation associations are requesting an indefinite delay of all current regulatory and legislative consultation processes as well as an indefinite delay in the implementation of new operating requirements derived from existing regulations, that are not directly related to the pandemic. Associations are requesting that this delay be in effect until such time as the Federal Government deems the pandemic crisis to be over.
For the foreseeable future association members must remain focused on the immediate challenges created by COVID-19 and on adjusting operations in light of the very serious economic uncertainties that lie ahead.
>> Learn more |
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After brining home more than 200,000 Canadians in one week, Air Canada begins cargo-only flights to Europe to transport medical supplies and support the global economy.
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AERIUM Analytics of Calgary acquires the technology and intellectual property of RoBird from Clear Flight Solutions for controlled and complex airspaces.
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Drone Delivery Canada’s project with DSV Air & Sea Inc. is now commercially operational at the logistics company’s headquarters in Milton, Ontario.
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UPS Flight Forward, the drone delivery subsidiary of logistics and delivery giant UPS, unveils plans to collaborate with German drone-maker Wingcopter.
» Read more...
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In this episode of Aviation This Week: Air Canada begins cargo-only flights after repatriating hundreds of thousands of Canadians. Then UPS Flight Forward and German drone maker Wingcopter to develop new aircraft fleet; and both Longview Aviation and Bombardier suspend aircraft production over the COVID-19 pandemic.
» See more |
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NEW DATE: September 26, 2020
Location: St. Thomas Municipal Airport, St. Thomas, ON
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October 3, 2020
Location: Southport Aerospace Centre, Southport, MB
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NEW DATE: October 20, 2020
Location: Abbotsford International Airport, Airside Event Spaces, Abbotsford, BC
» Learn More
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