Airbus A220 100 AZORRA, courtesy of AirbusClick image to enlarge

The government of Quebec and Europe’s Airbus have reached a $1.2 billion investment deal to help boost production of the Airbus A220 jet program.

The A220 is built in Montreal, Que and also at a facility in Alabama.

The Quebec government’s share of the new investment deal is $300 million while Airbus will invest $990 million.

The deal defers by four years the period when Airbus buys out Quebec's 25 per cent stake in the small jetliner from 2026 to 2030.

The A220 is a 110- to 130-seater aircraft. It’s smaller than Airbus’s A320 jet and has benefited from airlines preference for smaller aircraft during the pandemic. However, production of the A220 is still not a profitable venture.

Airbus Chief Executive Guillaume Faury told the media during a recent press conference he expect the A220 program to be profitable by the middle of the decade.

Roberto Nicoli new managing director for Bystronic Canada

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Doosan Robotics opens U.S. office to serve the Americas

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RoboVent launches clean air initiative

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First friction stir welding robotic crawler repairs internal pipelines

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Global competitiveness: Canada, U.S. slip in new report

Image: 124rf

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Sandvik to acquire ICAM Technologies

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Mazak partners with MachiningCloud

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Chrysler Canada July sales highest in history

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Quebec manufacturer lands 150 bus order with Halifax Transit

Quebec bus manufacturer Nova Bus, has won a bid to manufacture and supply 150 diesel powered buses to Halifax Transit over a three-year period.

Metal 3D Printing technology landscape - The trends and the whitespaces

Perfectly imperfect - that is the technology landscape in metal 3D printing boiled down. On one hand, the diversity in metal additive manufacturing technologies enables complex geometries and opens unique applications that no other manufacturing technique can reach. But these technologies are by no means infallible, and metal AM is ripe for improvement. Through an extensive benchmarking study, IDTechEx has asked the question: where are metal additive manufacturing technologies going, and where are the whitespaces for advancement in the metal AM landscape?

Mazak expands hybrid multi-tasking technology with acquisition

Mazak Corp. has acquired MegaStir, a supplier of friction stir welding (FSW) tools and technology, expanding Mazks Hybrid multi-tasking machine technology offerings.

Manufacturing hits record-high growth: Survey

The manufacturing sector hit record-high levels in June, according to the latest data from the IHS Markit Canada Manufacturing Purchasing Managers' Index (PMI), registering 57.1, up from 56.2 in May and the highest reading in  more than seven and a half years of data collection.

Cullen Morrison to handle threading at Komet

Cullen Morrison is the new business development manager for threading at Komet of America. He has experience in cutting tool sales and applications and will be responsible for marketing planning and development, sales promotion, training and sales activities for the company's threading line (JEL and Bass).

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