PLANT

News Aerospace Manufacturing General
October 26, 2020  

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.

News Aerospace Manufacturing General
October 6, 2020  

CAE first Canadian aerospace company to become carbon neutral

Made investments in projects that offset its remaining annual carbon emissions.

News Aerospace Manufacturing General Production
October 5, 2020  

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.

News Aerospace Manufacturing General
September 30, 2020  

Uncertainty rises around $500M sale of Bombardier plants to Spirit

Deal may not close by the drop-dead date of Oct. 31, which Spirit says could prompt litigation.

Insight Aerospace Economy General
August 13, 2020  

Bombardier the poster child of pork barrel cronyism

Instead of picking winners and losers, governments should step back and let markets work.

News Aerospace General
August 12, 2020  

CAE to lay off 350 mostly Canadian employees, as Q1 revenue drops

About 200 of the layoffs will be at the flight simulator maker’s headquarters in Montreal.

News Aerospace Manufacturing General
July 29, 2020  

Troubles abound, Boeing losses bloom to US$2.4B in 2Q

Boeing has 450 finished Max jets stacking at various locations

News Aerospace General Machinery and Equipment Maintenance
July 22, 2020  

Cascade Aerospace awarded Bangladesh Airforce contract

Will perform inspections, overhaul components and provide additional maintenance work.

News Aerospace Energy Manufacturing General Sustainability
July 8, 2020  

Air Transat signs deal to use jet fuel made from captured CO2

SAF+ Consortium is setting up a pilot plant in Montreal to make the kerosene used for synthetic jet fuel.

News Aerospace General
June 29, 2020  

Japan to boost space co-operation with U.S. in revised policy

Japan will seek to co-operate with the U.S. in sending astronauts on an American lunar mission

News Aerospace General
June 23, 2020  

Virgin Galactic inks NASA deal for commercial space flights

Company to recruit candidates interested in purchasing private missions to the space station.

News Manufacturing Economy General
June 18, 2020  

EDC predicts 20% drop in exports before rebounding in 2021

Automotive, aerospace and energy big contributors to the 2020 drop.

News Manufacturing General
June 17, 2020  

CAE ventilator receives Health Canada certification, starts shipping

Will manufacture and supply 10,000 ventilators for hospitals across Canada.

News Aerospace General
June 15, 2020  

WestJet releases July schedule for air travel

Airline continues to focus on significant safety and hygiene enhancements to ensure a safe travel journey

News Aerospace Manufacturing General
June 15, 2020  

Bombardier to be dropped from S&P/TSX composite index

Company says the move doesn’t change anything in terms of its liquidity and status as an actively traded stock on the TSX.