Gary Scott News
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Bombardier Inc. hired a General Motors Co. executive to lead its commercial aircraft unit and steer the company’s biggest jet, the CSeries, through its entry into service.
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Bombardier Inc.’s commercial aircraft president, Gary Scott, will retire Oct. 1 after a string of CSeries jet purchases ended an order drought of more than a year for the new narrow-body plane.
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Bombardier Inc ., with no new orders for its CSeries jet in a more than a year, expects to announce an agreement this year for the airplane’s first operator, the company’s commercial-aircraft chief said.
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Global airlines must purchase new, more fuel-efficient planes to cut costs and increase profits if they are to survive, said Gary Scott , president of Bombardier Inc. ’s commercial aircraft unit.
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Airbus SAS’s decision to move ahead with its new NEO narrow-body model “doesn’t really change” customer interest in Bombardier Inc.’s new CSeries model and validates the Montreal-based planemaker’s choice of engine offering, an executive said.
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Bombardier Inc. hopes to decide by the end of 2011 whether to move ahead on a potential partnership with Commercial Aircraft Corp. of China on narrow-body jets, the head of the Canadian company’s aerospace unit said.
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The Airbus SAS-Boeing Co. airliner duopoly survived the Paris Air Show intact as challengers from Canada, China, Brazil and Russia offered little evidence that they’ll break the pair’s stranglehold on single-aisle jets.
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Bombardier Inc. said it may cut output of some regional-jet models as slowing economic growth damps demand, and the shares fell the most in a benchmark Canadian index.
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Bombardier Inc. secured a launch customer for its CSeries plane while failing to land a major deal from Qatar Airways Ltd. after the Gulf carrier shelved an order and said it may buy Airbus SAS’s rival A320neo this week.
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Canada’s gross domestic product expanded for a fourth straight month in January, led by a surge in manufacturing.
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