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1-10 results from 1000 for query «aircraft»

October 17, 2017 3:01 PM Bombardier shares jump as much as 26% on CSeries deal with Airbus

Aircraft maker thinks deal would make it exempt from CSeries tariffs, analysts suggest Bombardier shares jumped as much as 26 per cent in Toronto on Tuesday, the first trading window since news emerged Monday evening that the company had signed a partnership with rival Airbus to make and market its CSeries jets. Bombardier's shares rose as high as $2.97, or 26 per cent, on the Toronto 8

October 17, 2017 10:37 AM Bombardier CEO confident Airbus deal will resolve Boeing trade row

Bombardier Inc.'s chief executive has expressed confidence that the deal to sell control of the C Series aircraft division to Airbus Group SE will resolve the trade dispute with Boeing Co. The agreement with Airbus could see some C Series aircraft assembled at its plant in Alabama. That would skirt duties of nearly 300 per cent that the United States 12

October 17, 2017 8:22 AM Midnight in Toulouse: How CSeries deal shook status quo

TOULOUSE, France (Reuters) - Two years ago, Airbus Chief Executive Tom Enders halted negotiations to buy Canada’s CSeries program at midnight after the talks with Bombardier leaked to Reuters. On Tuesday, he performed a U-turn by backing a similar deal after all - again at dead of night. The nocturnal gymnastics by Europe’s largest aerospace group stunned 10

October 16, 2017 11:00 PM Europe's Airbus to buy majority stake in Bombardier CSeries program

CSeries headquarters will remain in Montreal area, 2nd assembly line will be set up in Alabama European aircraft giant Airbus Group is buying a majority stake in Bombardier's CSeries program. The partnership is expected to result in significant CSeries production cost savings by leveraging Airbus's supply chain expertise, but Airbus won't be paying any money 12

October 16, 2017 10:25 PM Airbus to buy majority stake in Bombardier CSeries program

MONTREAL -- European aircraft giant Airbus Group is buying a majority stake in Bombardier's CSeries program. The two aircraft manufacturers announced the partnership Monday evening, weeks after the United States announced 300 per cent preliminary duties on exports of the aircraft following a complaint from Airbus rival Boeing. The CSeries headquarters 16

October 16, 2017 5:32 AM South Korea, U.S. begin naval drills amid North Korea threat

SEOUL, Korea, Republic Of - South Korean and U.S. troops have begun five days of naval drills amid North Korea's renewal of its threat to fire missiles near the American territory of Guam. South Korea's navy says the drills that began Monday in the waters off the Korean Peninsula involve fighter jets, helicopters as well as 40 naval ships including the aircraft 8

October 16, 2017 3:10 AM Last leaders of ISIS-tied siege in Philippines killed, officials say

MANILA, Philippines - The two final surviving leaders of a deadly siege in the southern Philippines, including a top Asian terror suspect, were killed Monday in one of the final battles by thousands of troops to retake the last area in Marawi city held by pro-Islamic State group militants, security officials said. Four military and police officials told The Associated 11

October 15, 2017 4:11 PM Plane sustained minor damage after hitting drone near Quebec City: Garneau

Skyjet plane was struck as it approached Jean Lesage airport Thursday Canada's transport minister says he's relieved a commercial aircraft sustained only minor damage when it was hit by a drone near Quebec City's airport last week. Marc Garneau says the incident occurred on Thursday when a Skyjet plane was struck as it approached the Jean Lesage airport 7

October 15, 2017 3:58 PM Drone collides with commercial plane over Quebec City

Canada’s transport minister called on drone operators to fly responsibly after one of the aerial vehicles struck a commercial flight above Quebec City on Thursday. Transport Minister Marc Garneau said the incident occurred on Thursday when a Skyjet plane was struck by a drone as it approached the Jean Lesage airport. In a statement, Garneau said it was the first 7

October 15, 2017 3:48 PM Drone strikes commercial aircraft in Quebec: Garneau

A Skyjet flight heading to Quebec City’s Jean Lesage International Airport was struck by a drone on Oct. 12, according to Minister of Transport Marc Garneau. Emergency measures were immediately put in place and the plane was able to land safely, according to French media reports. No injuries were reported. “This should not have happened,” Garneau told reporters 9