logo
#

Latest news with #YYCAeroNex

'Prime location': New aviation hub lands at Calgary International Airport
'Prime location': New aviation hub lands at Calgary International Airport

Calgary Herald

time23-06-2025

  • Business
  • Calgary Herald

'Prime location': New aviation hub lands at Calgary International Airport

A hub for aviation technology and infrastructure at Calgary's airport is targeting world-class support services and training for the industry. Article content Formation of the hub, called YYC AeroNex, comes as labour shortages are expected in Canada's aviation sector over the next decade, brought on by industry growth and an aging workforce. Article content Making up a portion of hundreds of millions in new investment into the Calgary International Airport, the YYC AeroNex hub will keep more components of the aviation industry in the city. Article content Article content 'We're not having to send these engines thousands of miles away, waiting months and months for them to come back . . . the turnaround times are a lot quicker,' Bachart told Postmedia on Monday. Article content Calgary Airports is responsible for the management, development, and operation of the Calgary International Airport and Springbank Airport. Article content YYC AeroNex will include four major projects, of which three have yet to be announced. A total of $344 million will be contributed to the program, with funding split between the Canada Infrastructure Bank and loans from commercial banks. Article content Article content Article content A groundbreaking ceremony is scheduled for Wednesday for the Lufthansa project, which is expected to open in 2027. Article content Once complete, it will provide maintenance, repair and overhaul services, and serve as a test facility for Leap 1A and 1B engines for Boeing 737 MAX and Airbus 320neo aircraft.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store