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More from Helicopters | Business | Events February 9, 2012
Northstar Aerospace wins reprieve on debt default
Northstar Aerospace Inc. said Monday it has secured forbearance agreements with its lenders on a debt default and with a major customer over a claim of breach of contract.
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CAE posts 18% raise in Q3 profits
Flight training firm CAE Inc. saw profits grow by 18 per cent in its latest quarter as strong demand for civil aerospace training and simulators offset weaker military results than a year ago.
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Presagis names Jean-Michel Brière new vice-president
Presagis has announced the appointment of Jean-Michel Brière as vice-president of sales, marketing, and client services. Brière’s responsibilities will include management of global sales for the company, in addition to overseeing worldwide marketing, alliances, and the Presagis customer experience.
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U.S. senate passes key bill on UAS flights
The Association for Unmanned Vehicle Systems International (AUVSI) applauds the U.S. Senate for passing the FAA bill conference agreement, following the House’s passage on Feb. 3 The bill now awaits President Obama’s signature before it becomes law. Once enacted, the bill starts the clock on a number of deadlines the FAA must meet to safely integrate unmanned aircraft systems (UAS) into the national airspace system.
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Tragic death spurs questions about military SAR
Canada's chief of defence staff is investigating why it took military aircraft nearly two days to join the search for a lost Labrador boy who died as he walked over ice and snow. The 14-year-old boy was reported missing Sunday from the Labrador community of Makkovik.
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