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In The News

YVR closes as fighter jets chase 'target'
Feb. 8, 2010, Vancouver - Vancouver International Airport was closed to takeoffs and landings for 20 minutes while two CF-18 military fighter jets scrambled to intercept an unknown "target of interest" last week, a Transport Canada incident report shows. The Vancouver Sun reports. | READ MORE
 
Bombardier offers to buy back outstanding debt securities
Feb. 8, 2010, Montreal - Bombardier Inc. is offering to buy back up to US$550 million of its outstanding debt securities for cash, in a refinancing that the company says will take advantage of current favourable conditions on capital markets.
 | READ MORE
 


Air Canada dispatches fourth aid flight
Feb. 5, 2010, Montreal - Air Canada continues to support relief efforts in Haiti by dispatching its fourth dedicated aircraft full of humanitarian relief supplies on Saturday February 6, 2010.
 | READ MORE
 
Bombardier receives Airframe OEM of the year award
Feb. 5, 2010, Singapore - Bombardier Aerospace was awarded the Airframe OEM of the Year at the 2010 Frost & Sullivan Asia Pacific Aerospace & Defense Awards during the Singapore Air show.
 | READ MORE
 
PACE and Airbus sign license and services agreement
Feb. 5, 2010, Berlin, Ger. - PACE, a provider of engineering software solutions, announced today that it has concluded a four-year license and services agreement with Airbus. Under this agreement, PACE remains a software supplier for Airbus companies worldwide. The agreement is the third of its kind in the last decade.
 | READ MORE
 
Heroux Devtek reports lower third-quarter profits
Feb. 5, 2010, Longueuil, Que. - Canadian aeropace manufacturer Heroux-Devtek
Inc. says its third-quarter revenue and profit fell, in part because of currency fluctuations.
 | READ MORE
 
Bombardier delivers fewer planes in 2009
Feb. 5, 2010, Montreal - Bombardier Aerospace says it delivered about 13 per cent fewer aircraft in the fiscal year that just wrapped up, as the aviation industry continues to struggle with the economic downturn.
 | READ MORE
 
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Toronto's island airport is being renamed after Billy Bishop, Canada's top First World War flying ace.