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CAE Inc. climbed the most in 19 months after the maker of flight simulators reported a record backlog and quarterly profit that topped analysts’ estimates.
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Bombardier Inc. stuck to its goal of first takeoff for the CSeries in June after the delayed jetliner performed well on flight-safety tests that included bending the wings to gauge structural integrity.
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Canadian Pacific Railway Ltd. posted higher first-quarter earnings than analysts estimated as Chief Executive Officer Hunter Harrison makes progress on profitability goals set during last year’s proxy fight.
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Bombardier Inc. won the biggest business-jet deal in its history with luxury air-charter company VistaJet Holding SA, exceeding a transaction five months ago with Warren Buffett’s plane-leasing unit.
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Mitsubishi Aircraft Corp. won an agreement to sell 100 regional planes to U.S. commuter carrier SkyWest Inc. in an endorsement of Japan’s first passenger jet at the expense of Canada’s Bombardier Inc.
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Bombardier Inc., already late on the first flight of its CSeries jet, is running behind sales and customer targets as the maker of planes and trains struggles to restore investor confidence in the $3.5 billion program.
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Air Canada, the country’s largest carrier, jumped the most in more than two years after posting a preliminary first-quarter profit that exceeded estimates from three analysts.
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Bombardier Inc. hailed last year’s $6.7 billion order from Warren Buffett’s jet-leasing company as the start of long-term collaboration. The proof came this week.
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Bombardier Inc.’s six-month delay in the maiden flight of the CSeries jet threatens to curb orders for a plane already struggling to compete with single-aisle models from Boeing Co. and Airbus SAS.
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WestJet Airlines Ltd. is bidding to pry passengers from Air Canada in the C$2 billion ($1.92 billion) cross-border business travel market by returning to New York’s LaGuardia Airport.
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