Provincial government to chip in with $15-million, according to company
Bombardier expects up to a four per cent improvement in fuel efficiency with the new aircraft
MONTREAL—Flight training company CAE has won military contracts worth more than $110 million. One of the contracts is to provide fixed-wing, advanced jet trainer aircraft simulators and training devices to meet the future aircrew training requirements of an unnamed customer.…
BEIJING—The head of the global airline industry group says airlines need government support to lower the cost of biofuels and make them commercially viable. The chief executive of the International Air Transport Association, Tony Tyler, said airlines have shown planes…
Aims for two per cent improvement in fuel efficiency every year until 2020.
Firm will instead commence on expansion worth tens of millions of dollars.
The unmanned aerial vehicle can be equipped with a wide range of instrumentation for conducting science and environmental missions.
CAE’s fourth-quarter profit rose to $53.2 million as it got higher revenue from its core civil and military operations
Canadian tour operator Transat A.T. is selling its Handlex airport services unit to Servisair Holding Canada Inc. for an undisclosed sum.
Analysts say massive debt load, not sluggish market, drove plane maker to chapter eleven