The son-in-law of company founder Joseph-Armand Bombardier retired May 3 after 55 years with the company. Beaudoin transformed Bombardier from a snowmobile maker to a global transportation giant
The purchase agreement also includes options on an additional 15 CRJ900 regional jets
Bombardier says it only uses about 10 per cent of the 148-hectare site but has to pay the entire cost of operating a runway
The Mars InSight spacecraft, set to launch this weekend, will take the planet’s temperature and pulse. The US$1 billion U.S.-European mission is the first dedicated to studying the innards of Mars
The result compared with a trade deficit of $2.9 billion in February
15 of 20 industrial sectors saw growth, after a slight pullback of 0.1 per cent in January
The White House said it would pause tariffs for Canada, among other countries. The Trump administration’s aim is to agree on import quotas with every country seeking an exemption to the tariffs
The Toronto-basd aerospace parts manufacturer has renewed two existing contracts and won a new deal for the Boeing 737 MAX program
The aviation sector’s investment in AI is expected to grow from US$152 million this year to US$2.22 billion by 2025. Air Canada and WestJet are investing heavily in technology to improve customer service and operational efficiencies
Four of the industry’s giants, Facebook, Microsoft, Amazon and Google parent Alphabet, reported unexpectedly large profits this week, with Apple yet to report
