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Air Canada to respond to WestJet's fare decreases
Airline passengers in some smaller Canadian cities should get a break on fares next year as Air Canada vowed last Thursday to respond to lower fares promised by WestJet when it launches its new regional service next year.
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Halifax-based IMP Group buys Cascade Aerospace
The proposed takeover of one of British Columbia’s largest aerospace companies will create a stronger entity capable of increasing Canada’s participation in the international aerospace sector, according to the proponents.
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Heroux-Devtek's shares hit new record high
Heroux-Devtek's shares hit an all-time high last Friday after the aircraft equipment maker announced a special cash distribution that will net its CEO nearly $19 million.
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Billy Bishop an economic boon to Toronto economy
Billy Bishop Toronto City Airport (YTZ) is a major economic engine for the Greater Toronto Area, generating $1.9 billion in annual economic output and 5,700 jobs, which includes 1,700 directly associated with the airport.
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CAE's Q2 profit dips on slower military, training deals
Flight training and simulator manufacturer CAE Inc. missed expectations last Thursday as its net income dropped five per cent to $36.5 million in the second quarter despite rising revenues.
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