Aerospace
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Bombardier’s financial challenges worry ratings agencies, prompting downgrades
Bombardier has faced persistent difficulties in its rail division
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Canadian airlines feel the pressure of flight shaming and the ‘Greta effect’
Airlines are turning to carbon offsets, where they invest in projects such as wind farms and tree planting to compensate for plane-produced carbon dioxide
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Bombardier’s future in question after debt reduction options being considered
Bombardier’s shares plunged 31.8% to their lowest level in nearly four years
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Group finds U.S. aircraft approval process effective and safe
But the findings conflict with legislators who are investigating the crashes
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Eyeing U.S. and domestic markets, Air Canada unveils first Airbus A220 jet
The plane was called the C Series before Bombardier gave up a controlling stake in the aircraft program in 2018 to Airbus
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Bombardier shares plunge after it says it expects to fall short of guidance
Bombardier also says it is reassessing its partnership with Airbus regarding the A220
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Bombardier expects to fall short of guidance, reassessing Airbus deal
The train and plane maker expects consolidated revenue of about $15.8 billion, short of expected $16.5 billion to $17 billion
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Ukraine prez says he, Trudeau talk crash punishment, as Iran announces arrests
Trudeau asked Zelensky for assistance in dealing with Iranian authorities on the identification of the bodies of crash victims
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Moody’s downgrades debt rating for largest Boeing supplier
The downgrade comes after Spirit AeroSystems announced it was laying off 2,800 workers in Wichita
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Experts see holes in international flight security rules, oversight
Questions about how and when planes are permitted to fly have been raised in the aftermath of the deadly crash in Iran last week
