Layoffs coming at Air Labrador, about 100 jobs lost
Last Updated: Sunday, March 22, 2009 | 9:44 AM ET
CBC News
About 100 positions will be lost when Air Labrador discontinues its Dash 8 regional service at the end of April.
Company vice-president Philip Earle said the airline, which operates flights between Newfoundland and Labrador and Quebec, is a victim of the global economic downturn and a decrease in passenger traffic.
"It's largely brought on by the slowdown in the economy and not being able to make a business case for the type of service and the type of network we were operating," Earle said.
Air Labrador will continue to operate a Beech 1900 aircraft service to the Quebec North Shore and a Twin Otter service to coastal Labrador.
Earle insists the loss of the Bombardier Dash 8 twin-engined turboprop service is not a sign that Air Labrador is going out of business.
"I think it's important to point out we're certainly not going out of business. We're shutting down a particular part of our business as it is right now," Earle said.
Some of the laid-off workers will be transferred to other parts of the company, but Earle couldn't say how many.
Share Tools
Top News Headlines
- Former Expos catcher Gary Carter succumbs to brain cancer
- Hall of Fame catcher Gary Carter, who left an indelible mark on baseball in Canada during his 12 years with the Montreal Expos, died on Thursday. The man nicknamed "Kid" or "Kid Carter" for his ever-smiling face and cheerfulness is free from the inoperable brain cancer that sapped his energy and took his life at age 57. more »
- UN backs resolution condemning Syrian regime
- The UN General Assembly has backed a non-binding Arab League-sponsored resolution calling on Syrian President Bashar al-Assad to step down and end his regime's violent crackdown on dissidents. more »
- 7 MPs and their fiery quotes
- The election of a majority government was seen by some as a chance for less acrimonious politics on Parliament Hill. But the past week has seen its fair share of inflammatory rhetoric on both sides of the House. more »
- Dog kills newborn in Alberta community
- Officials in Airdrie are revealing few details about the fatal mauling of an infant by a family dog in the southern Alberta city. more »
Latest Business Headlines
- Euro rises on report ECB will help Greece
- The euro rose Thursday on a report that the European Central Bank is providing Greece with debt relief. more »
- Sears cuts prices on more than 5,000 items
- Sears Canada is cutting prices on more than 5,000 items as the department store chain and other Canadian retailers gear up for more intense competition — including from the U.S. discount giant Target. more »
- Oliver calls European oilsands threat grandstanding
- Federal Natural Resources Minister Joe Oliver is calling a European effort to bar oil imports from Alberta's oilsands nothing more than grandstanding more »
- New Canada-China energy deals may be good for U.S. too
- U.S. Ambassador David Jacobson said in Montreal on Thursday that it's good for the United States when Canada, its largest trading partner, increases its trade in new markets like China. more »
Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 12485.59 | 123.56 |
| DOW | 12904.08 | 123.13 |
| NASDAQ | 2959.85 | 44.02 |
| SP 500 | 1358.04 | 14.81 |
| NYSE COMPOSITE | 8092.19 | 93.54 |
| AMEX | 2448.24 | 28.25 |
| TSX-VENTURE | 1648.11 | 14.53 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
Business Features
- Dog kills newborn in Alberta community
- Degrassi's Wheels death announced, over 4 years later
- Refugee reforms include fingerprints, no appeals for some
- Montreal telemarketers in fraud case still making calls
- Bully victim's mother tells of 'suicide box'
- Honduras prison fire is world's deadliest
- Nortel collapse linked to Chinese hackers
- 2 small earthquakes rattle Vancouver Island
- Barefoot girl's icy trek not blamed on babysitter

