Bombardier lands deal to train RAF pilots

Article Abstract:

Bombardier Inc has signed a 250-million-pound-sterling, 10-year deal to train Royal Air Force pilots to fly. The Montreal, Canada-based aerospace firm has also agreed to supply airplanes, maintenance, housing, food and technical support to the British Air Force. Under the terms of the contract, Bombardier will build 13 flying schools in the UK and use German-constructed Grob propeller-powered trainers for the program.

United Kingdom, New orders received, Aircraft Training Services, Other Technical and Trade Schools, Bombardier Inc.

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Air Canada cutting fleet in fear of travel slump

Article Abstract:

Air Canada of Montreal, Quebec, will reduce the number of its aircraft by 10 to 156 in 1999, and is planning further cuts in 2000 and 2001. The trimming of its fleet to 156 aircraft by the end of 1999 will enable the airline to reduce its future minimum lease payments, which total C$3.5 billion. Air Canada also has long-term debt of C$2.1 billion and subordinated perpetual debt of C$931 million.

United States, Capital expenditures, Scheduled Airlines, Scheduled Air Transportation, Airlines, Air Canada

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Coffee tumbles to record lows

Article Abstract:

Bumper coffee crops have created a record drop in world coffee prices. Nonetheless, consumers are not expected to see lower prices in the market place.

Market information - general, Roasted coffee, Processed Coffee, Coffee and Tea Manufacturing, World, Fruits and tree nuts, not elsewhere classified, Coffee Beans, All Other Miscellaneous Crop Farming, Prices and rates, Supply and demand, Coffee industry, Coffee (Beverage), Coffee, Coffee (Plant)

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