Boeing gave the latest indication of just how big the Boeing 737 Max crisis had grown Thursday, announcing it would record a $5.6 billion (U.S.) charge in the second quarter.
Boeing takes $5.6 billion hit due to Max grounding
CRJ sale marks end of Bombardier’s passenger jet line
Bombardier announced Tuesday it would sell its CRJ programme to Mitsubishi Heavy Industries for $724 million.
Paris “A defining moment for our company” – Boeing CEO
Boeing chief executive Dennis Muilenburg has taken to social media to call the Paris Air Show a “defining moment” for his company. “We know we have disappointed our customers recently,” Muilenberg said […]
Transat sees fierce competition to Europe this summer
Canadian leisure operator Air Transat said Thursday that “fierce” competition on flights to Europe is forcing some carriers to lower their prices during the peak summer season. “We are seeing pressure from […]
Air Canada reiterates Transat deal as competing offer emerges
While it is clear Air Transat is for sale, conflicting signals emerged Tuesday over who the company’s new suitor would be. Air Canada reaffirmed its commitment to buying the company after a […]
De Havilland name returns to the skies
In a move decades in the making, the De Havilland name will once again take to the skies, reviving one of Canada’s most storied brands. De Havilland Aircraft of Canada Limited was […]