CHC Helicopter Corp. hit the Big Apple October 11 when its class-A subordinate voting shares began trading on the New York Stock Exchange under the symbol “FLI.” Making a characteristically high-profile splash in the concrete canyons of lower Manhattan, CHC CEO Craig Dobbin, flanked by other company officers, rang the official opening bell to start trading on the stock exchange floor at 9:30 a.m.
As part of a plan to develop Toronto City Center Airport into a viable commercial hub, the Toronto Port Authority (TPA) has entered negotiations with a local holding company to base a new regional airline at the island airport. Known as Regional Airlines Holding Co. (Regco), the new airline plans to start operations within a year, by which time it plans to inaugurate service to Ottawa, Chicago and New York.
The General Aviation Manufacturers Association has opened its membership to include non-U.S. manufacturers, a major shift for the association and its future influence in the worldwide business aviation community. The move was not unexpected. For the last 10 years GAMA has been getting more and more involved in international business aviation issues. Also, the mergers in the 1990s of non-U.S. manufacturers with U.S.
Bombardier has named Guy Hachey president and COO of its aerospace division, following Pierre Beaudoin’s promotion to president and COO of Bombardier Inc. Hachey brings more than 30 years of experience in the industrial manufacturing sector to the Montreal-based airframer, first with GM and most recently with Delphi.
Bombardier Aerospace officially opened last month its Commercial Service Center (CSC) in Mirabel, Quebec, Canada. The CSC is “dedicated to the specific service and support needs of the more than 1,600 out-of-production de Havilland DHC-1 through -7 aircraft still in production,” according to Bombardier.
The case of Kittredge Aviation & David Wetherell v. Bombardier Aerospace, Bombardier, Inc. and General Electric has been slated for an April 2003 trial, according to David Bunis, partner, Dwyer & Collora, LLP, who represents the plaintiffs. “Bombardier and GE have produced many relevant documents to the case and we’re moving forward,” Bunis told AIN.
Bombardier today announced substantial changes to its aerospace group leadership team, most notably naming auto industry veteran Guy Hachey Bombardier Aerospace’s new president and COO, effective May 12. A transition period will follow until June 4, when Pierre Beaudoin, Bombardier Aerospace’s current president and COO, will take over the position of president and CEO of parent company Bombardier, as previously announced last fall.
FlightSafety International and Bombardier Aerospace have received JAA approval for certain training programs. The Joint Aviation Authorities approved FSI’s pilot training for the Falcon 50, 900 and 2000 series, as well as the Challenger 600, 601 and 604. Meanwhile, Bombardier said it became the first North American company to receive JAA approval of maintenance training for the Challenger 604 and Global Express.
Bombardier’s board of directors issued authority to the company’s aerospace division to formally offer its proposed C Series airliner to potential customers. Bombardier Aerospace new commercial aircraft president Gary Scott told AIN that he now needs at least one, if not two, “high quality” customers for between 50 and 100 airplanes to gain launch approval from the board.
The first Bombardier Challenger 890 corporate shuttle entered service in late February with Calgary-based Suncor Energy, a major North American developer of oil sands. The CRJ900 regional jet derivative, which joins Suncor’s Challenger 850 corporate shuttle, will be used to transport workers from the company’s Calgary headquarters to its oil sands in Fort McMurray, Alberta.