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	RUBRIC NEWS : "TRANSPORT"

29 Dec 2009 09:55

Delays easing at Canada's major airports : A day after Transport Canada officially banned carry-on luggage from all U.S.-bound flights, delays appear to have eased at Canada's major airports. Most flights taking off from Toronto, Montreal, Edmonton and Vancouver were listed as departed on Tuesday morning, as passengers became familiar with the temporary new rules of air travel in the wake of an ...

Hopscotch Air Launches Direct Flights to Canada from Long Island : Hopscotch Air, the personal, affordable, air limo service, is launching the only direct, competitively priced flights from Long Island to destinations throughout Canada’s eastern ...
28 Dec 2009 10:10

Canadian National Railway May Face Strike on Weekend : Canadian National Railway Co. may be facing a strike as early as this weekend after it imposed contract changes on 1,700 engineers after 14 months of negotiations, the National Post reported. ...
25 Nov 2009 10:34

21 Oct 2009 07:20

Boeing Posts $1.56 Billion Loss After 787, 747 Charge : Boeing Co. posted a third-quarter loss after $3.5 billion in charges for delays to its new 787 Dreamliner and 747-8 jumbo jet programs and reduced its full- year profit forecast. The net loss was $1.56 billion, or $2.23 a share, compared with net income of $695 million, or 96 cents, a year earlier, the Chicago-based company said in a statement today. The loss was bigger ...

24 Sep 2009 10:29

Jazz Air Plans Return to Toronto City Airport, Globe Says : Air Canada’s affiliate Jazz Air plans to resume service at the Toronto City Centre Airport after an exclusivity agreement between the airport and Porter Airlines Inc. expires next year, the ...

19 Sep 2009 01:19

Canada Wholesale Sales Rise Most Since 2006 on Autos (Update1) : Canadian wholesale sales rose at the fastest pace since the end of 2006 on a rebound in automobile trade with the U.S., marking the third report this week to signal a stronger-than-expected recovery from the country’s first recession since 1992. ...

Ford won't commit to maintaining Canadian manufacturing footprint: CAW : Canadian Auto Workers president Ken Lewenza said Friday he's frustrated at the lack of progress the union has made so far in labour talks with Ford Canada. The negotiations have stalled because the company is refusing to commit to maintaining its current manufacturing footprint in Canada - an agreement that both Chrysler and General ...
12 Sep 2009 12:54

29 Aug 2009 01:56

Toyota Will Shut California Plant in First Closure (Update3) : Toyota Motor Corp. will shut an assembly plant for the first time in its 72-year history after the failure of a joint venture with General Motors Corp. New United Motor Manufacturing Inc. in Fremont, California, will end production of Corolla cars and Tacoma pickups in March 2010, Toyota said in a statement. GM in June said it would end ...

02 Jul 2009 05:42

Marchionne Says Chrysler Slows ‘Bleeding,’ Cash Loss (Update2) : Chrysler Group LLC has slowed the pace at which it uses cash after emerging from bankruptcy on June 10, Chief Executive Officer Sergio Marchionne said. “The question is how quickly we can stop the bleeding. That is priority No. 1,” Marchionne, also CEO of Italian automaker Fiat SpA, said in an interview in New York yesterday. “We ...

30 May 2009 02:08

GM, Magna Said to Have Reached Framework Opel Pact (Update1) : General Motors Corp. and Magna International Inc. have reached a framework agreement on a rescue proposal for the Opel unit in Germany, according to two people familiar with the discussions. ...

Air Canada strikes deal with credit card processors to lower unrestricted cash : Air Canada (TSX:AC.B) says it is making progress in shoring up its efforts to avoid having to seek court protection from creditors, a key piece of that coming in an ...
25 May 2009 08:19

05 May 2009 02:10

Magna, Sberbank Bid Jointly for Opel, Minister Says (Update1) : OAO Sberbank, Russia’s biggest lender, and OAO GAZ, its second-biggest carmaker, are joining Magna International Inc. in a bid for a stake in General Motors Corp.’s Opel unit, a German ...

27 Apr 2009 01:10

Chrysler Reaches Labor Accord With U.S. Union, CAW Ratification : Chrysler LLC, racing against an April 30 deadline to cut labor costs or face bankruptcy, reached a tentative contract agreement with its biggest U.S. union and won ratification of an ...

Canadian aerospace companies get overall boost from new U.S. defence spending : Canadian aerospace companies should be breathing a sigh of relief after the Obama administration announced its defence spending priorities, an industry analyst said ...
22 Apr 2009 12:15

07 Apr 2009 03:42

Chrysler Lenders Support $1.5 Billion U.S. Aid to Parts Makers : Chrysler LLC’s secured lenders agreed to allow the automaker to participate in a U.S. aid program for suppliers, signaling that banks aren’t gearing up for a liquidation, a person ...

Transat Tours makes travel deal with CanJet : Transat AT Inc. said yesterday it has amiably agreed to terminate an agreement with WestJet that allowed Transat Tours Canada to charter its aircraft to sun destinations. Instead, the Montreal-based travel operator has entered into a five-year partnership with CanJet Airlines to charter its aircraft out of more than 20 Canadian cities to approximately 20 vacation spots. The ...
16 Feb 2009 12:20

Air Canada, WestJet add destinations and increase competition : Canada’s two major airlines are taking their dogfight for air supremacy to the skies over San Diego and London. Calgary’s airport will benefit as a result, as it becomes a more important hub in western Canada. ...
04 Feb 2009 13:33

04 Feb 2009 05:20

Canadian Auto Sales Fall 25% on Declines for GM, Ford, Chrysler : Canadian auto sales, after hitting their second highest annual level in 2008, fell 25 percent in January as the weakening Canadian dollar pushed up prices. Sales slid a combined 35 percent for General Motors Corp., Ford Motor Co. and Chrysler LLC, while Toyota Motor Corp.’s slid 2.7 percent, according to DesRosiers Automotive Consultants. ...

Air Canada is rejecting incentives to keep flight attendants in Manitoba: premier : The Manitoba government is offering financial incentives to Air Canada (TSX:AC.A) to reopen its flight attendant base in Winnipeg, but says the airline is refusing. ...
23 Dec 2008 07:39

Labour rates not a problem in auto industry: Lewenza : The president of the Canadian Auto Workers says the union has “no interest” in the idea of new worker concessions for the struggling auto sector. Ken Lewenza told CTV News today “labour rates are not the problem” when it comes to the issues facing the automakers. ...
20 Nov 2008 12:30

Market pushes Air Canada not to sell : A senior air industry analyst says Air Canada's parent is poised to jettison a plan to sell its remaining stake in the airline because of poor travel markets and instead will take the company private again. ...
29 Sep 2008 16:42

06 Sep 2008 08:20

GM to Invest $273 Million as Part of Canadian Government Pact : General Motors Corp. will invest C$290 million ($273 million) in equipment and research at its facilities in Ontario, after the Canadian government agreed not to exercise an early repayment ...

11 Aug 2008 08:02

WestJet flies light : WestJet flew slightly more empty planes in July but increased its capacity, whereas rival carrier Air Canada flew fuller planes but slashed its capacity. Meanwhile, WestJet's CEO vows to continue growing the Calgary-based carrier's domestic capacity, if necessary at the expense of Air Canada. ...

31 Jul 2008 04:02

WestJet ratchets up rivalry : WestJet Airlines Ltd. will be launching an aggressive campaign tomorrow to promote its ticket values as superior to rival Air Canada's despite fares that are often the same on major routes, intensifying the fight for ...

Most Canada Stocks Rise, Led by Talisman; Fording Coal Falls : Most Canadian stocks rose, as Talisman Energy Inc. gained on higher crude-oil prices and a report that it is in talks to sell assets. Bank of Nova Scotia and Bank of Montreal advanced ahead of their quarterly results announcements tomorrow. Fording Canadian Coal Trust Ltd. retreated from a record, pacing a decline in raw- ...
27 May 2008 03:45

29 Apr 2008 05:42

GM to Reduce 2008 Production by 138,000 Pickups, SUVs (Update3) : General Motors Corp., the world's largest automaker, said it's cutting production of 138,000 large pickup trucks and sport-utility vehicles this year at four plants in the U.S. and Canada ...

CN Rail Net Falls 2.4% on Lumber Slump, Strong Dollar (Update3) : Canadian National Railway Co., the country's largest railroad, said third-quarter profit fell 2.4 percent on a decline in demand for timber shipments. Net income dropped to C$485 million ($495 million), or 96 cents a share, from C$497 million, or 94 cents, a year earlier, the Montreal-based carrier said today. Earnings matched the 96- ...
23 Oct 2007 05:18

GM, UAW Resumption of Talks May Signal Short Strike (Update2) : The United Auto Workers' return to bargaining with General Motors Corp. within hours of calling the first national strike against the automaker in 37 years may signal the union's desire for ...
25 Sep 2007 10:30

10 Sep 2007 10:20

Canada's airlines fly high with increased passenger traffic in August : Canada's major scheduled airlines say August was a really good month for them, with WestJet Airlines Ltd. (TSX:WJA), Air Canada (TSX:AC.A) and Jazz Air (TSX:JAZ.UN) all reporting ...

WestJet, Air Canada planes flew fuller in August : WestJet Airlines Ltd flew fuller planes in August while Air Canada stalled as its higher capacity was evenly matched by growth in its passenger loads, the airlines said on Thursday. Air Canada, the country's biggest airline, said its load factor, a measure of how much available space was sold to passengers, was unchanged from August 2006, at 84.4 percent. ...
07 Sep 2007 05:31

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