Aerospace
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Bombardier to pour millions into train engineering to overcome bottleneck
The Montreal-based company plans to spend an additional US$250 million to US$300 million this year to ramp up train production
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Statistics Canada reports $136m trade surplus in June, imports, exports down
Exports fell 5.1% to $50.3 billion, offsetting a strong gain in May amid a 3.6% drop in export prices. Imports were down 4.3% to $50.2 billion
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Bombardier to invest up to US$300M more this year on rail division capacity
The investments include adding manufacturing and engineering capacity to protect delivery schedules
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Turndown ratio in AC motor speed control
Choosing the right motor and VFD type depends on a variety of factors, however, it is necessary to first look at how the characteristics of a motor change when the speed is reduced
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Canada’s GDP grows 0.2% in May, as manufacturing rebounds: Statcan
Manufacturing expanded 1.2% overall
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WestJet CEO says Boeing 737 Max grounding a ‘substantial loss’ ahead of buyout
WestJet’s Ed Sims doesn’t quantify the financial hit, but says he is in discussions with Boeing about the “substantial loss” of WestJet’s 13 Max 8s
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Air Canada adjusted earnings soar above estimate, revenue up in each segment
Aside from setbacks related to the Boeing 737 MAX aircraft, Air Canada says it experienced revenue growth in each of its market segments and managed costs well
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U.S. economy slowed to 2.1% growth rate in second quarter
Economists also noted that business capital investment fell in the April-June quarter for the first time in three years
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Grounded Boeing plane takes a bigger bite out of airlines
American Airlines said its 2019 earnings will be reduced by US$400 million; Southwest Airlines said the grounding trimmed $175 million from its second-quarter operating profit
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Backers of Hawaii telescope tout benefits to humanity, jobs
An international consortium plans to build the US$1.4 billion Thirty Meter Telescope at the top of Mauna Kea, which some Native Hawaiians believe is sacred
