Wednesday , 17 December 2025

Recent Posts

‘Boeing 737 Max flawed and shouldn’t fly again’

Bloomberg Consumer advocate Ralph Nader said the larger engines mounted to the Boeing 737 Max represented a design flaw and called for the plane to be permanently grounded. The 737 Max “must never fly again,” Nader said. “It’s not a matter of software. It’s a matter of structural design defect: the plane’s engines are too much for the traditional fuselage.” …

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Air Canada Transat bid takes twist with higher Mach offer

Bloomberg Real-estate developer Group Mach Inc offered to buy tour operator Transat AT with potential support from the Quebec government, topping a friendly proposal by Air Canada that had been criticised by some shareholders. Mach is offering C$14 a share in cash for Montreal-based Transat, C$1 per share more than the Air Canada bid. The unsolicited proposal is worth more …

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Bombardier rises as Mitsubishi weighs buying CRJ jet

Bloomberg Bombardier Inc climbed the most in three months on word that the company is in talks to sell its CRJ regional jet programme to Mitsubishi Heavy Industries Ltd, a move that would end the Canadian industrial champion’s involvement in commercial aircraft. Both sides confirmed they were in discussions after the Air Current reported that negotiations were at an advanced …

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