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Air Canada Reports mixed 1Q24 Results

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Canada’s largest airline announced its first-quarter earnings. The key data points are: Total operating revenues of $5.2 billion increased 7% year over year Operating income of $11 million and adjusted EBITDA of $453 million Double-digit on-time arrivals improvement from the…

Harbour Air signs LOI for 50 magni650

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magniX and Vancouver-based Harbour Air ratified a Letter of Intent (LOI) for 50 magni650 motors for Harbour Air’s fleet. The re-engining process will begin with De Havilland DHC-2 Beavers in 2026 and be used for third-party conversions. We have been…