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Air Canada reports $168M in profit in Q4 as passenger, operating revenues increase

Air Canada gains financial momentum as the airline posts a profit in its latest quarter with passenger and operating revenues recovering to record highs. » 

Airbus sees profit boost, but defense and space challenges

Airbus reports full-year results with increased profit, aims to deliver 720 planes in 2023, up from 661 last year, in an effort to keep up with growing airline demand. » 

Canada's annual inflation rate slowed in January

Statistics Canada says deceleration in headline inflation reflects a base-year effect. » 

Wreckage of missing plane confirmed on Philippine volcano

Aerial search finds no sign of those aboard Cessna 340 that crashed into a gully on the slope of Mayon volcano. » 

Traffic surges at Dubai airport but lags behind 2019 peak

Traffic more than doubled last year at Dubai's airport, but has yet to fully recover after the pandemic. » 

Sneaking a president from DC to Kyiv without anyone noticing

How US president Joe Biden secretly flew to Ukraine on a modified Boeing 757 normally used for domestic trips. » 

North Korea confirms ICBM test, warns of more powerful steps

North Korea says latest intercontinental ballistic missile test meant to bolster its ``fatal'' nuclear attack capacity. » 

Joby begins final assembly of first company conforming eVTOL aircraft

Joby Aviation begins final assembly of the world’s first company-conforming eVTOL aircraft. » 

China sanctions Lockheed Martin, Raytheon for Taiwan sales

China imposes sanctions on Lockheed Martin and Raytheon for supplying weapons to Taiwan. »