Delta Airlines outsources Maintainence to Canada
Date: Tuesday, March 29 2005
Topic:
Air Canada's maintenance division has won a contract worth up to $300 million US to look after more than 200 aircraft for Delta Air Lines, creating 300 jobs in Vancouver.
Air Canada Technical Services said Tuesday the five-year contract, one of the aviation industry's largest outsourcing contracts, will begin in May. It involves heavy maintenance for Delta's Boeing 757 and 767 models.
The contract will also help pave the way for the sale of some of the division, part of the business plan of parent firm ACE Aviation Holdings Inc.
ACE is also parent to Air Canada which emerged from 18 months of bankruptcy protection last September. Executives at the company were not available for comment Tuesday, as the company is in a "quiet period" until it completes a finance issue of $600 million announced last week.
My favourite quote was from CNN, where one spokesman said that Delta is "playing russian Roulette with passenger safety".
Links:
http://www.cbc.ca/cp/business/050329/b032990.html
http://www.reuters.com/financeNewsArticle.jhtml?type=businessNews&storyID=8023710
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