TRANSAT had C$54.4m net loss on C$973m revenues in second quarter ended April 30 vs C$29.2m loss on C$870m a year ago; yields were negatively affected by competition, GTF issues, union strike threats and the economic slowdown.
AIRBUS delivered 53 aircraft (six A220s; 41 A320s; two A330s; four A350s) in May vs 63 (three A220s; 51 A320s; four A330s; five A350s) in May 2023. It booked orders from NAC for seven A321neos and an undisclosed customer for 20 A330-900s.
ABU DHABI launched a unified economic licence to enhance ease of doing business in city by unifying procedures to bolster UAE's competitiveness as a business-friendly destination for investors and entrepreneurs.
PEXCO, GA acquired plastic CNC Machining, milling, multi-axis turning, Swiss machining, annealing, vapor polishing, and assembly facility in Wallinford, CT from Clayens; it now has 13 locations for design/fabrication of plastic components.