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.
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.
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.
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.
Bombardier the poster child of pork barrel cronyism
Instead of picking winners and losers, governments should step back and let markets work.
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.
Troubles abound, Boeing losses bloom to US$2.4B in 2Q
Boeing has 450 finished Max jets stacking at various locations
Cascade Aerospace awarded Bangladesh Airforce contract
Will perform inspections, overhaul components and provide additional maintenance work.
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.
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
Virgin Galactic inks NASA deal for commercial space flights
Company to recruit candidates interested in purchasing private missions to the space station.