Montréal International bets on the air taxi

The air taxi industry is a sector where Quebec can stand out at the Paris Air Show, which begins next Monday, believes the president and CEO of Montreal International, Stéphane Paquet.

“We realized that advanced air mobility is a promising element for the future,” said Mr. Paquet in an interview. You won’t be taking an air taxi from Montreal to Trois-Rivières tomorrow morning. Research and development is happening now. You have to be present. »

The use of electric aircraft capable of vertical take-off and landing could one day enable the movement of goods and passengers over short distances. Start-up companies are trying to develop this sector in the Montreal area, including Jaunt Air Mobility, Beta Technologies, Wisk Aero and Dufour Aerospace. There are still opportunities to attract other foreign companies to this sector, believes Mr. Paquet. “There are a lot of players. The important thing is to sort out the wheat from the chaff. Not everyone is going to get to a prototype that will actually fly. We have a lot of meetings at Le Bourget on this this year. »

Still in the start-up stage, the advanced air mobility sector has been attracting investor interest since 2020, when investment spending crossed the US$1 billion mark globally, according to publicly available data compiled by the firm. McKinsey. Investments peaked at US$7 billion in 2021. Amid economic uncertainty and rising interest rates, however, this amount has fallen back to around US$3 billion in 2022.

Recruitment operation

Montréal International will not only praise the city’s merits to foreign companies. For the first time, she will take advantage of Le Bourget to woo professionals in the field. It supports 12 companies, including Bombardier, Airbus and Groupe Meloche, which will deploy recruitment efforts on site. Nearly 200 job offers are presented as part of this initiative. “Companies tell us that there is a need, and we are here to meet it,” says Mr. Paquet.

The resumption of air transport brings recruitment back to the top of business priorities, notes Mélanie Lussier, President and CEO of Aéro Montréal. “We are in full recovery: we are almost back to the pre-pandemic level in terms of jobs. »

Aéro Montréal estimates that there will be 38,000 positions to fill within 10 years if replacements and growth are taken into account. ” It’s a lot ! »

At Bombardier, there are nearly 825 positions available in Montreal, confirms the business jet manufacturer, which also carries out charm operations on the school benches, in particular with scholarships and paid programs. work-study alternation. “The succession in aeronautics is an issue on which we put a lot of effort. In February, Airbus Canada, which builds the A220 aircraft in Mirabel, in the Laurentians, indicated that it wanted to hire 700 people in Quebec in 2023. This figure includes 450 new positions.

The first Bourget since 2019

This is the first meeting at Le Bourget in four years, which is usually held every two years, in odd years. Last year, the Farnborough Air Show (even years) marked the return of aviation high masses since the pandemic. Against the backdrop, industry players will come together amid supply chain disruptions. Logistical difficulties complicate the delivery of new aircraft at a time when the air traffic recovery remains resilient, despite economic uncertainty.

Decarbonizing the industry will remain a central theme of the show, believes Mme Lussier. “I would tell you that the topic of the hour is really the transition of our products. The civil aviation industry has set itself the target of being carbon neutral by 2050. When I look at what people put forward, it’s really the energy transition. »

Montreal can stand out in this respect, adds Mr. Paquet. He gives the example of two projects recently supported by his organization which aim to make planes “less polluting”: the establishment of a battery pack factory on the South Shore by H55, and the opening of a center in aerospace by the consulting firm Ricardo. “There is not a project where this notion of carbon neutrality is not addressed,” assures Mr. Paquet. This is true for air taxi, but it is also true for the sector in general. »

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