Boeing will pay $2.5 billion to settle charge over 737 Max
Boeing will pay $2.5 billion to settle a Justice…
NEOTech improves efficiency at Agave site
Electronic manufacturing services provider taps into the experience of each team member
Transat shareholders approve sale to Air Canada
Deal made after different offer disclosed
Bombardier names veteran exec Bart Demosky as CFO
Has had executive roles at Universal Rail Systems, Canadian Pacific Railway and Suncor Energy.
Ottawa to keep Boeing Max grounded for now, despite US decision
Federal Transport Minister says Canada will impose different requirements than the US before it lifts the orders.
EU moves ahead with tariffs on US but hopes for Biden change
Trade action traded between US and EU over support for aircraft manufacturers Boeing and Airbus.
Bombardier faces UK fraud investigation over plane contracts for Garuda
British inquiry follows other investigations have targeted the aerospace manufacturer in countries such as Sweden and Spain.
Quebec aerospace sector seeks federal financial boost
Looking for COVID help, report suggests investing in research and development projects
Less cash for Bombardier from aerostructures sale to Spirit AeroSystems
Will receive US$275 million in cash in the amended deal, down from the US$500 million.
Can’t crush this: Beetle armour gives clues to tougher planes
Bug’s crush-resistant shell could teach scientists about designing stronger planes and buildings.
Regional airlines reject prospect of government stake in carriers
Canada is the only G7 country to hold off on pledging major financial aid for an industry devastated by the COVID-19 pandemic.
WestJet suspends service to four cities in Atlantic Canada
Suspension eliminates more than 100 flights weekly or almost 80% of seat capacity from the region.
EU can put tariffs on $4B of US goods over Boeing support: WTO
One of the largest penalties handed down by the global trade organization, considering which products to target.
CAE first Canadian aerospace company to become carbon neutral
Made investments in projects that offset its remaining annual carbon emissions.
Heroux-Devtek signs multi-year Boeing deal to build actuation components
Contract win by the CESA subsidiary includes production requirements, spare parts for the 787, 777, 777X, 767 and 747.