Essayer OR - Gratuit
Done Deal?
Cruising Heights
|May 2018
The Airbus-Bombardier deal – it has yet to be cleared by antitrust bodies — promises to give the European air framer a significant advantage in the single-aisle front. And, now that the unions have given the tie-up a thumbs-up, the world of aviation will wait to see if Airbus has an ace in its hands. A report
-
In the beginning of March this year, the Airbus-Bombardier deal – described as the deal of the century that European airframer Airbus pulled off in the middle of October 2017 to partner Bombardier’s C Series aircraft programme –received a solid boost. While the big bosses had put their signatures to the agreement at that time, the workers were a tad uneasy. However, the boost that the deal received in March came from the workers when they voted 92.3 percent in favour of the letter of agreement during a meeting in Montreal.
The vote for a reciprocity agreement that followed was a thumbs-up for the reciprocity accord that would enable workers who moved from Bombardier to the new partnership and vice-versa to maintain seniority benefits like salary and leave as well get their pensions. In addition, workers who are laid off from one company will be given priority for future jobs in both companies. Union spokesman David Chartrand, the Quebec co-ordinator of the International Association of Machinists and Aerospace Workers (IAMAW) was quoted saying that the agreement would create bridges between the workers’ union, Bombardier and the new limited partnership, once the deal gets the necessary approvals, creates separate entities. “When a business sells or creates a partnership, what usually happens is the workers under the group that is sold stay in that group, and there’s no bridge between the two companies…What was important to us when the announcement was made … was to sit down with the company and the partnership and make sure that there’s labour mobility, so workers can go work for one company or the other depending on need.”
It was a much-needed support that Airbus or Bombardier needed. Back in October 2017 when the deal was made public, David Chartrand was quoted saying that workers had “mixed feelings” about it. Speaking to
Cette histoire est tirée de l'édition May 2018 de Cruising Heights.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Cruising Heights
Cruising Heights
Cultural Overhaul & Fiscal Discipline: The Internal Battle
While Air India's new A350s and the revamped Maharaja Lounges might project an image of a carrier aggressively competing on a global stage, the actual situation within the airline's boardroom is one of intense, high-stakes crisis management.
2 mins
May 2026
Cruising Heights
The Fuel Supply Squeeze and the Import Parity Absurdity
The misery does not stop at taxation.
1 mins
May 2026
Cruising Heights
India's race to build a new logistics powerhouse
India's air cargo industry is being reshaped by crisis — and opportunity. War-driven disruption across West Asia, rising freight rates, scarce freighter capacity and growing congestion at major airports are forcing the sector to adapt faster than ever before. Yet the turbulence has also opened a strategic window for India to position itself as a global logistics hub rather than merely a large cargo market
4 mins
May 2026
Cruising Heights
How Bad Did It Get?
The scale of what Maharashtra's move preceded tells you everything about the desperation driving it.
1 min
May 2026
Cruising Heights
India Finally Moves on Fuel Tax
The state finance department's notification came quietly, but for an industry running on fumes, it felt like an oxygen mask dropping in a depressurising cabin.
1 min
May 2026
Cruising Heights
VIRAL CROWDFUNDING CAMPAIGN AIMS TO BUY SPIRIT AIRLINES
There was a time when buying an airline required three things: a billionaire, a government bailout, or a mysterious investor from the Gulf arriving with a term sheet and a private jet.
2 mins
May 2026
Cruising Heights
Adani's Airport gamble brings US-India aviation showdown
What began as a seemingly routine airport redevelopment plan has escalated into one of the most consequential aviation disputes of the decade.
5 mins
May 2026
Cruising Heights
The Fragmented Tax Cartel
The core vulnerability of Indian aviation is operating in a high-cost environment where state governments treat jet fuel as a primary fiscal cash cow.
1 mins
May 2026
Cruising Heights
Final Boarding Call For EBACE
For nearly 25 years, May in Geneva marked the annual convergence of global business aviation's most influential voices at EBACE.
7 mins
May 2026
Cruising Heights
India's Pilots And The Fatigue Trap
Two young pilots died within 48 hours.
9 mins
May 2026
Translate
Change font size

