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Pratt & Whitney Canada president named AIAC chair

“This is an important time for the aerospace industry in Canada and I am
pleased to be taking on this role,” said Mr. Saabas. “As an industry,
we have weathered the economic downturn relatively well.  Our focus now
is to continue building on our long-standing leadership and drive
forward innovation, job creation and economic growth for Canada.”
 
Mr. Saabas pointed to the fact that the aerospace industry in Canada
employs some 80,000 Canadians in high-value jobs, and generates $22.2
billion in annual revenue. With emerging world markets and increasing
demand for products, Canada has the potential to double the number of
aerospace-related jobs in the next 10 years through accelerated R&D
investments according to an economic impact study conducted by Deloitte
& Touche.
 
Claude Lajeunesse, President and CEO of the AIAC, welcomed Mr. Saabas to
the board and thanked Mr. Parent for his excellent work as Chairman.
 
“I welcome Mr. John Saabas as Chairman of the Board and I look forward
to his leadership as we head into this next period of exciting growth
and opportunity.  On behalf of AIAC’s board, I would like to pay tribute
to Mr. Parent who as Chairman demonstrated an exceptional vision and a
deep commitment to serving the interests of the industry,” said Mr.
Lajeunesse.