Bombardier has appointed an executive responsible for improving efficiency and completed the $87.5 million sale of its Military Aviation Services (MAS) unit to L-3 Communications and its Canadian subsidiary Spar Aerospace.
The military unit has held the contract to maintain the Canadian Forces' Boeing CF-18 fighter fleet since 1986. With 950 employees in Mirabel, Quebec and Bridgeport, West Virginia, it had revenues of C$125 million ($95 million) last year. The sale, part of a divestiture programme to help redress Bombardier's bottom line, was first announced in June.
Bombardier's defence services business comprised the recently sold maintenance unit, and the pilot training division, for which it still seeks a buyer. Ê
Former banker and civil servant Moya Greene, once of Transport Canada and Human Resources Development Canada, has become senior vice-president for operational effectiveness at Bombardier.
See feature P40
Source: Flight International
