CAE more than doubles Q1 profit CAE slightly missed analyst profit expectations even though its net profit more than doubled to $45.6 million in the first quarter of its fiscal year on a 15 per cent growth in revenues primarily due to the strength of its civil simulator and flight training business.
Air Transat completes Enhanced IOSA audit process Air Transat has become the first airline in the world to renew its IOSA Registration based on the E-IOSA methodology. This latest achievement follows a stringent audit recently completed with success.
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Air Canada posts record Q2 operating revenue Air Canada is reporting $115 million of adjusted net income in the second quarter, a big improvement from a year earlier and far better than analysts were expecting.
Pilatus extends footprint to China Pilatus Aircraft Industry opened for business on Aug. 5 in the Chinese metropolis of Chongqing. The new joint venture company will allow Pilatus Aircraft Ltd to establish itself in the Chinese market.