Aerospace
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Air Canada stock hits new high on news of exclusive talks to buy Transat AT
Air Canada will face stiffer competition from WestJet, also acquired this week
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Javelin-Cimetrix opens expanded additive manufacturing lab in Oakville, Ont.
The 3D printing powerhouse showed off its wares at an open house event
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Boeing finishes software update for grounded airliner
Chicago-based Boeing has flown 207 test flights with new software installed in the 737 Max. The next step is a certification flight with FAA representatives
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Transat AT Inc. announces exclusivity agreement with Air Canada for its acquisition
The deal is valued at approx. $520 million or $13.00 per share of Transat. Control of Transat A.T. Inc. will remain in Quebec.
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Japanese space startup aims to compete with U.S. rivals
Interstellar Technology’s founder said his company’s low-cost MOMO-3 rocket is the way to create a competitive space business in Japan.
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FAA chief to face questions over Boeing’s 737 Max airliner
House Aviation subcommittee Chairman Rick Larsen says the FAA has a credibility problem
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Magellan Aerospace signs agreement with BAE Systems for F-35 aircraft assemblies
Magellan is targeting to produce more than 1,000 ship sets of horizontal tail assemblies over the life of the F-35 program
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Sale of Aeroplan business boosts Aimia’s first quarter profit to $1.05B
Aimia completed the sale of the Aeroplan loyalty program to Air Canada in January
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Gerald Schwartz: The man behind Onex and the WestJet deal
Schwartz is married to Heather Reisman – founder and CEO of Indigo Books and Music – and the son of Izzy Asper, founder of CanWest Capital
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U.S. targets US$300B of Chinese goods for new tariff hikes
The list of 3,805 product categories includes laptop computers, saw blades, turbine parts, and tuna
