Shares of the Montreal-based carrier closed 12 percent lower at C$7.63 on the Toronto Stock Exchange after dropping as low as C$7.44 after media reports flagged comments that the carrier's chief executive officer made about the impact of the currency's …
Order backlogs are growing and profits — particularly in the commercial airplanes business — are skyrocketing. Consider that BA's commercial planes unit reported a margin of nearly 12% in the third … to commercial aviation, and billion-dollar …
Bu Qara'a said that the DWC and Dubai stakeholders have taken the steps to relocate “most of the aviation business from Dubai [International] airport to Al Maktoum [International] airport. However, many businesses, including Boeing, still maintain …
Boeing said on Jan. 6 it delivered a record number of jetliners last year. The 648 jets Boeing delivered in 2013 topped the company's previous record of 620 aircraft delivered in 1999, following its merger with McDonnell Douglas Corp. Boeing's 1,355 …
Bombardier is betting big on the success of the C Series and new business jets, but has experienced several delays on both the C Series and some business–jet programs. The aerospace giant said on Jan. 16 it is once again delaying the aircraft's entry …
By GILLIAN RICH, INVESTOR'S BUSINESS DAILY … Earlier this month, Boeing and its Seattle-area machinists agreed to a labor contract that will keep production of the new jets in the area in return for some pension concessions, reducing costs. Aerospace …
The shakeup underlines once again the difficulties Bombardier Inc. is experiencing as it tries to crack the Airbus Industrie and Boeing Co. duopoly in the narrow-bodied segment of the large commercial airplane market. Those two plane … Since then …
January 27, 2014, 8:16 a.m.. The Federal Aviation Administration ordered inspections Monday of Boeing 767 jets to check for problems that could result in a "possible loss of control of the airplane," according to a notice published in the Federal Register.
Greenpoint Technologies, an authorised VIP completions centre for Boeing Business Jets, has obtained its first US patent for its Boeing 747-8 elevator, the Aerolift. ALSO READ: From pizza ovens to putting greens: Flying by Boeing Business Jet. The …