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CAE reports year end with revenue up 10% despite a 4% drop in Q4. Describing fiscal 2021 expectations as a tale of two halves, the Montreal company holds $2B in cash and available credit to weather the storm. https://bit.ly/2X1A1gm

Héroux-Devtek reports year end with positive sales impacted by a $80M Q4 COVID-19-related impairment charge, but the Quebec landing-gear giant holds a $810M order backlog primarily positioned in defence. https://bit.ly/2TCPD82

Pressure for Federal action in Canadian aviation mounts, as NAV CANADA tables proposal to increase service charges by an average 29.5%, facing lack of cash flow, statutory obligations and new indebtedness. https://bit.ly/2Xo1vLZ