Tag: aviation development

Bombardier Reports Fourth Quarter and Full Year 2016 Results

Reading Time: 4 minutes Bombardier has reported its fourth quarter and full year 2016 results. The Company also affirmed its guidance for 2017 and highlighted another quarter of solid performance as it executes its turnaround plan. “Our turnaround plan is in full motion,” said Alain Bellemare, President and Chief Executive Officer, Bombardier Inc. “In 2016, Bombardier delivered on its […]

Low-Cost Carriers Boost Global Air Traffic in 2016

Reading Time: 2 minutes Worldwide passenger air traffic grew again last year, albeit at a slightly slower pace, led by the dynamic growth of low-cost air carriers, the International Civil Aviation Organisation reported. A total of 3.7 billion passengers were transported by the world’s airlines last year, a 6 per cent increase from 2015. That was just under the […]