Edition:
United Kingdom

Allison Lampert

Canada's CAE sees strong pilot training demand when Boeing MAX jets fly

14 Aug 2019

CAE Inc expects strong demand from airlines for pilot training when Boeing Co's grounded 737 MAX jets are cleared to fly, Chief Executive Marc Parent told analysts on Wednesday, after the Canadian training specialist reported lower-than-expected quarterly earnings.

Air Canada sees A220 jet delivering boost for key U.S. transit traffic

14 Aug 2019

MONTREAL Air Canada said on Wednesday it will launch a direct Seattle-Montreal service in May 2020 with its new A220-300 jets, as the carrier eyes new routes to expand its share of lucrative international transit traffic to and from the United States.

Air Canada sees A220 jet delivering boost for key U.S. transit traffic

14 Aug 2019

MONTREAL, Aug 14 Air Canada said on Wednesday it will launch a direct Seattle-Montreal service next spring with its new A220-300 jets, as the carrier eyes new routes to grow its share of lucrative international transit traffic to and from the United States.

Bombardier posts quarterly loss, lowers 2019 forecast; shares plunge

01 Aug 2019

Bombardier Inc lowered its full-year earnings and cash flow forecasts and reported a quarterly loss on Thursday, as it faces challenges in its important rail division, sending shares of the Canadian train and plane maker down 18%.

UPDATE 2-Bombardier posts loss, lowers 2019 profit forecast as rail woes persist

01 Aug 2019

Aug 1 Bombardier Inc on Thursday lowered its full-year core earnings and free cash flow forecasts, and reported a quarterly loss, as the Canadian plane and train maker wrestles with challenges in its important rail division.

Exclusive: Two powerful Canadian provinces argued against federal drug price crackdown

30 Jul 2019

TORONTO/MONTREAL Canada's two most populous provinces, Ontario and Quebec, have privately expressed concerns with a federal government plan to slash the price of patented drugs, arguing that such regulatory changes could hurt investment in life sciences.

Separatists in Canada's Quebec 'potential spoiler' for Trudeau in October poll

18 Jul 2019

MONTREAL Separatists in the Canadian province of Quebec are making a comeback after years in the doldrums and could regain enough strength to endanger Liberal Prime Minister Justin Trudeau's bid to retain power in a federal election this October.

U.N. aviation agency to review global pilot training in shadow of 737 MAX crashes

02 Jul 2019

MONTREAL Global regulators will meet in Montreal next week to review pilot licensing requirements, the U.N.'s aviation agency said, as part of a discussion that has gained urgency following two fatal crashes of Boeing 737 MAX aircraft in the past year.

Transat accepts Air Canada's buyout offer, deal needs shareholder approval

27 Jun 2019

Air Canada said on Thursday that Canadian tour operator Transat AT Inc accepted its all-cash bid of C$520 million ($396 million), but some Transat shareholders want more and must approve the transaction.

Mitsubishi weighs new Canadian engineering design center in Montreal: source

27 Jun 2019

MONTREAL Mitsubishi Heavy Industries Ltd, is weighing the creation of a new engineering design center in Montreal, a source familiar with the matter told Reuters, in a move fueled by the company's planned acquisition of Bombardier's CRJ regional jet business.

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