immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Bombardier and Delta Airlines

Bombardier CEO Alain Bellemare: THE CANADIAN PRESS/Ryan Remiorz Highlights from the news file for Thursday, April 28: Montreal-based Bombardier has landed a US$5.6 billion order from Delta airlines, according to Brandon Sun. The American carrier has placed an order for 75 CS100 aircraft. Delta has signed a deal to purchase 75 CS100 aircraft. The aerospace giant is slated to start delivering the aircraft to Delta in 2018. The Quebec government has promised a US$1 billion bailout for the financially troubled company and the federal government is considering a similar sized financial package. ____ Two new forecasts show little good news for Canada oil and gas sector. Bombardier CEO Alain Bellemare calls it a "big win." The news comes after a series of tough times for Bombardier, which announced earlier this year it is cutting 7,000 jobs over two years. (www.immigrantscanada.com). As reported in the news.