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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (59334)	6/4/2019 8:01:41 AM
From: Goose94	Read Replies (3) of 202718

Bombardier (BBD.B-T) de Havilland name will take to the air once again, as its parent company announced the relaunch of the Dash 8 aircraft program following its newly minted purchase from Bombardier. Longview Aviation Capital unveiled the de Havilland Aircraft of Canada Ltd., its new subsidiary that will operate the turboprop family following the Monday close of Bombardier's Q Series sale to Longview for about $250-million. The sale also includes the de Havilland trademark and Bombardier's full Dash 8 program, composed of the 100, 200 and 300 series. David Curtis, chairman of the B.C.-based Longview -- whose subsidiary Viking Air makes turboprop aircraft such as the Twin Otter -- said in a statement that de Havilland Aircraft would take on board more than 1,200 employees from Bombardier. Bombardier, which bought de Havilland Canada in 1992, said the Q400 will continue to be made at its Downsview facility in Toronto under Longview's management. Mr. Curtis has previously pledged to keep all manufacturing already in Canada within the country and to maintain supply chains for the Q400 series that inclue China, Ireland and Mexico.

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