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.
Porter Airlines Inc. will consider selling aircraft-backed debt to pay for CSeries planes from Bombardier Inc., a purchase that marks the carrier’s first foray into jet travel, said Chief Executive Officer Robert Deluce.
A newly elected Democratic president pushes a controversial tax increase through Congress without a single Republican vote. A veteran Federal Reserve chairman holds short-term interest rates at record lows. And the economy struggles to recover from a financial crisis.
Porter Airlines Inc.’s bid to more than double the reach of its network hinges on winning over governments in Toronto and Ottawa amid potentially fierce opposition from local residents in its hometown.