Commercial Aircraft Corporation of China (COMAC) and Bombardier signed (24-Mar-2011) a framework agreement to establish a long-term strategic cooperation on commercial aircraft. The collaboration will "leverage the synergies and strengths of both companies to develop mutually beneficial projects", exploring working together in their marketing, customer relationship and customer support strategies to help each other increase overall market share. The companies will evaluate possibilities for cooperation with regards to C919/CSeries aircraft programme commonalities, joint procurement as well as collaboration on future Bombardier and COMAC product lines. [more]
COMAC and Bombardier sign strategic agreement
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Canada’s two largest airlines embark on 2017 on solid footing; ULCC threat remains a wildcard
Canada’s two largest airlines are embarking on 2017 with a tilt toward international expansion. Air Canada is continuing its march toward building a global competitive network that rivals those of its North American global airline peers, and WestJet is setting the stage to expand a long haul trans-Atlantic network. As has been the case during the past few years, the bulk of Air Canada’s capacity expansion will be directed into international markets in 2017; WestJet is pledging slower system capacity growth after its expansion in 2016, which coupled with unit revenue pressure has created some investor anxiety.
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