Wings News: Both Air Canada and Airbus report record financial results

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News

Government of Quebec provides funding of $300,000 for Mont-Tremblant Airport

Airport focuses on restart of operations after impact of the pandemic to help maintain regional air services. »

Chinese balloon flew through 'radar gaps' during journey over Canada: Norad

Senior military officers say suspected Chinese spy balloon passed near several military bases and through radar gaps. »

FAA head defends safety after close calls

FAA administrator says he has formed a team to review efforts to keep air travel safe and outlines NOTAM system changes. »

Ottawa provides $9.3M in funding to BCIT aviation program

BCIT’s school of transportation to launch a gas turbine MRO training program. »

2022 plane crash site in Qualicum Beach, B.C., required 'extensive' cleanup: report

TSB says site of a small plane crash on Vancouver Island required ``extensive environmental rehabilitation''. »

Hit by pandemic, small Mexican airline Aeromar shuts down

Airline specializing in reaching beach resorts is shutting down after failing to recover from a pandemic downturn. »

Blade, BETA complete electric aircraft demonstration flight

Blade Air Mobility and BETA Technologies complete test flight of BETA’s ALIA-250 featuring all-electric propulsion. »

Flight Duty Time Tracking and Compliance Simplified

Cirro provides flight duty time tracking tools that are adaptable to all duty time regulations including custom rules imposed by clients as well as both prescriptive and performance-based requirements. Automated alerting keeps the right personnel informed of violations while offline functionality ensures pilots can track their duty times anywhere, anytime. » Get started

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. »

News

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. »

Events

HAI Heli-Expo 2023

March 6 – 9, 2023
Location: Atlanta, GA » Learn More

Vertical Flight Society Forum 79

May 16 – 18, 2023
Location:West Palm Beach, FL » Learn More

Paris Air Show 2023

June 19 – 25, 2023
Location: Paris, France » Learn More

4th Annual Aerial Firefighting Conference

October 26, 2023
Location: KF Aerospace Centre for Excellence »

ATAC Canadian Aviation Conference and Tradeshow

November 14 – 16, 2023
Location: Montreal, Quebec » Learn More