Heroux Devtek profits rise as plane parts demand rises, supply chains sync up
LONGUEUIL, Que. — Heroux-Devtek Inc. says profits shot up more than 300 per cent amid higher demand from the aviation world…
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Heroux Devtek reports Q4 profit down from year ago, sales up
LONGUEUIL, Que. — Heroux-Devtek Inc. reported a fourth-quarter profit of $6.3 million, down from $11.5 million a year earlier as…
About 2,500 Boeing workers to strike after rejecting deal
ST. CHARLES, Mo. (AP) — Roughly 2,500 Boeing workers are expected to go on strike next month at three plants in the St. Louis area…
WestJet cancels orders for 15 Boeing 737 Max planes
WestJet Airlines Ltd. says it has cancelled orders for 15 Boeing 737 Max aircraft as the industry-wide downturn in aviation…
Air Canada posts ‘bleak’ financial results
MONTREAL — Air Canada posted a staggering $1.16 billion loss in the fourth quarter of 2020, a result that caps off what the…
COVID 19 threatens Canadian aerospace companies as global air travel plummets
MONTREAL — An aviation expert says the novel coronavirus is having a "severe impact'' on global air travel, with implications for…
Bombardier completes exit of commercial aviation
MONTREAL — Bombardier Inc. is completing its exit from commercial aviation as the plane-and-train maker sells its remaining stake…
Moody’s downgrades debt rating for largest Boeing supplier
WICHITA, Kan. — Moody's Investors Service announced that it is downgrading the debt rating for Spirit AeroSystems, Inc. to…
WestJet launches AI-powered chatbot named Juliet
Aviation sector's investment in AI is expected to grow to US$2.22 billion by 2025
Heading for clouds: Aviation sector faces trade turbulence
Aircraft makers say thousands of jobs are at risk as Trump threatens to raise tariffs and other countries prepare to retaliate