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United pulls 737 Max until June, adding to Boeing woes – CTV News

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NEW YORK —
United Airlines says the Boeing 737 Max has been pulled from its flight schedule until June, the latest in a string of troubling news plaguing the airplane manufacturer.

The developments follow Boeing’s announcement Monday that it would halt Max production in January. It did not say when production would resume.

Also on Friday, Spirit AeroSystems, which builds fuselages for Boeing, said it will end deliveries intended for the Max as damage from the troubled plane begins to ripple outward to suppliers. Adding to the woes, Boeing’s new Starliner capsule went off course Friday during its first test flight. It was supposed to go to the International Space Station, but will not land there as planned.

Airlines have already been dealing with the ripple effects of the Max, which was grounded worldwide after the second of two crashes of its jet. They have delaying putting the Max into their flight schedules, which has led to fewer available seats and higher prices. The grounding also has stopped airlines from adding routes and expanding, analysts say.

United said Friday that the airline expects to cancel thousands of flights in coming months as a result of the grounding. The company had previously planned to return the plane to its flight schedule in March. United currently has 14 Max-9 aircraft, but it was supposed to have 30 by this time.

United expects to cancel about 75 flights per day this month and 56 flights per day in January. The airline said it has been swapping aircraft and using spare planes to try to minimize disruptions.

Southwest Airlines, which was counting on the Max to update its fleet, has said it will add the plane back into its schedule in April. American Airlines did the same last week.

Spirit AeroSystems, based in Witchita, Kansas, said Friday that Boeing asked that deliveries be wound down by the end of the year. Revenue from 737 Max components account for more than half of Spirit’s total annual revenue. The company employs 13,500 people, and is the largest job provider in Kansas’ biggest city.

This week, Kansas Gov. Laura Kelly said that the state may have to help pay workers at a company if the planes don’t return to the sky soon. Shares of Spirit AeroSystems Holdings Inc. slid 2% Friday.

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Union representing Canadian auto workers announces new deal with Ford – Global News

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TORONTO – Unifor says Ford Motor Company of Canada Ltd. has agreed to spend nearly $2 billion on its Canadian plants as part of collective bargaining negotiations.

Under the tentative deal, Unifor National President Jerry Dias says $1.95 billion will be invested in Ford’s Canadian plants, including $1.8 billion toward the production of five electric vehicles in Oakville, Ont., and an engine contract that could yield new jobs in Windsor, Ont.

Dias says the 6,300 union workers at Ford will vote on the deal this weekend.

Read more:
Union presidents says Ford will fight for workers affected by GM plant closure

Talks between the union and the automaker came to a head on Monday ahead of a bargaining deadline of 11:59 p.m eastern time.

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Workers had previously voted to support a strike if a deal could not be reached by that deadline, with the future of the Oakville, Ont. plant potentially on the line.

Once agreed to by union members, Ford’s deal on new products lines, shifts, wages, pensions and benefits will set the tone for upcoming talks with Fiat Chrysler Automobiles and General Motors.

© 2020 The Canadian Press

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Tesla slashes the price of the Powerpack by 27% on Battery Day – Electrek

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Tesla has greatly reduced the price of its Powerpack battery system today ahead of its Battery Day event.

Powerpack hasn’t been talked about much lately.

It has been relegated to the background since Tesla introduced the bigger Megapack for utility-scale projects.

However, Tesla is still making the product and it is still being used for many commercial-scale projects, like Electrify America’s charging stations.

Now we’ve learned that Tesla is slashing the price of the Powerpack.

Earlier this year, Electrek reported that Tesla revealed the price of the battery system through its new commercial solar configurator.

At the time, the Powerpack was being sold for $172,000 before incentives and including a commercial inverter.

Now a tipster pointed out to Electrek that Tesla has updated the pricing today, reducing the Powerpack to $125,000:

It brings the cost of the system down to $539 per kWh, but that’s including the expensive commercial inverter.

The price per kWh goes down significantly when adding more Powerpacks to the same inverter system.

That’s also without incentives.

Tesla’s price guide for commercial solar is only available in California, where they have strong incentives for energy storage for self-generation.

According to Tesla’s configurator, a Powerpack can be added to a 40 kW solar system for just $26,000 after incentives.

The price change happens as Tesla is about to announce new batteries at its Battery Day event later today.

Electrek’s Take

While the timing is interesting, it could be completely coincidental, but I guess we will know in just a few hours.

It is a significant price drop before incentives, but the system was already expensive to start with.

The price difference might also be on the inverter side and not the battery side.

Either way, it is worth noting, especially considering the crazy incentives in California. If I was a business owner in California, I would certainly consider this solution.

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Canada signs deal with VBI Vaccines to develop coronavirus candidate by 2022 – Global News

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VBI Vaccines Inc said on Monday it had entered into an agreement with Canada to develop a potential vaccine for COVID-19 by 2022 through mid-stage trials conducted exclusively in the country.

Canada will contribute around 75% of the U.S.-based company’s development costs and C$55.9 million ($42.2 million) for the project.

VBI Vaccines said last month that together with the National Research Council Canada it was investigating the vaccine candidate, VBI-2900, in preclinical trials.

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As per the agreement, signed last week, the company’s Ottawa-based unit is obligated to complete the vaccine development in or before the first quarter of 2022.






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Ottawa signs 2 new COVID-19 vaccine deals for Canada


Ottawa signs 2 new COVID-19 vaccine deals for Canada

There are currently no approved vaccines for COVID-19, but around 38 vaccines are being tested in humans around the world.

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© 2020 Reuters

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