Bombardier plans hiring spree for business jet programme - sources

Image
Reuters MONTREAL
Last Updated : Nov 16 2017 | 2:48 AM IST

MONTREAL (Reuters) - Bombardier Inc expects to hire around 1,000 workers in Montreal over 18 months, as the Canadian plane and train maker ramps up production of its new Global 7000 business jet, three sources familiar with the matter said on Wednesday.

An announcement about the jobs, which are for completion work on the new corporate jet, is expected as early as Friday, said two of the sources, who spoke on condition of anonymity because the latest figure is not yet public.

A spokeswoman for Bombardier business jets could not be immediately reached for comment.

Bombardier has said the Global 7000 is expected to enter service next year and is sold out until 2021.

The hiring comes at a time when Montreal's aerospace industry is facing a shortage of labour, with companies actively recruiting and encouraging enrolment at specialised training centres. According to data from the industry group Aero Montreal, almost 32,000 aerospace positions will need to be filled in Quebec over the next 10 years, both for new positions and to replace retiring workers.

"It is very difficult," said one of the sources, an aerospace supplier who said he needed to consider hiring workers abroad.

While Bombardier has not announced a specific figure, the company has previously said it would hire workers for its new plane programs, the CSeries single-aisle jets and the Global 7000, even as it sheds thousands of employees through 2018 as part of a five-year turnaround plan.

According to the company's 2016 annual report, the most recent figures available, the company had 66,000 employees last year, down from 70,900 in 2015.

Bombardier had 9,400 employees in its business jet division as of 2016.

(Reporting by Allison Lampert; Editing by Susan Thomas and Jonathan Oatis)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2017 | 2:44 AM IST

Next Story