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HEART AEROSPACE COMPLETES FIRST FLIGHT OF WORLD'S LARGEST ELECTRIC AIRCRAFT
Heart X1 becomes the largest battery-electric aircraft ever flown, with a 106-foot wingspan and takeoff weight exceeding 25,000 pounds. Piloted first flight used approximately $5 worth of electricity, highlighting electric aviation's potential to deliver structurally lower commercial aircraft operating costs. Flight demonstrates electric aviation …
Stantec Backs Annual Guidance On Strong Demand
(RTTNews) - Stantec Inc. (STN, STN.TO), a Canadian engineering, architecture, and environmental services provider, has reaffirmed its annual guidance to reflect strong demand and favorable market conditions. For fiscal 2026, the company still expects adjusted income per share growth of 15% to 18%, with …
Air Canada (ACDVF) (Q2 2026) Earnings Call Highlights: Record Revenue and Strategic Aeroplan ...
This article first appeared on GuruFocus. Adjusted EBITDA: $719 million, at the upper end of guidance, with an adjusted EBITDA margin of 11.5%. Operating Revenues: Record $6.3 billion, up 11% year over year. Passenger Revenues: $5.6 billion, up 11% year over year. PRASM: Improved …
Exchange Income Corp (EIFZF) (Q2 2026) Earnings Call Highlights: Record Earnings and Raised ...
This article first appeared on GuruFocus. Net Earnings: Set second-quarter records, including adjusted net earnings per share amounts. Shares Outstanding: Approximately 10% higher year-over-year due to the conversion of convertible debentures. Leverage: Total leverage at 2.82 times, near historic lows. Liquidity: Over CAD2 billion …
Compared to Estimates, CAE (CAE) Q1 Earnings: A Look at Key Metrics
CAE (CAE) reported $847.64 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 6.8%. EPS of $0.19 for the same period compares to $0.15 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $818.06 million, …
CAE (CAE) Q1 Earnings and Revenues Beat Estimates
CAE (CAE) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings …
Stantec Q2 Adjusted Earnings Climbs 18%
Stantec (STN.TO) said Wednesday after trade that adjusted earnings jumped 18.4% to C$1.61 per share, from C$1.36 per share, in the prior year period.Analysts polled by FactSet had expected C$1.58 per share.Net revenue increased 11.5% year over year to C$1.8 billion, in line with …
Stantec delivers strong second quarter 2026 results, expands margins and raises adjusted EBITDA outlook for 2026
Stantec Inc. Net revenue of $1.8 billion, an increase of 11.5% compared to Q2 2025 Adjusted EBITDA1 increase of 17.1% to $332.9 million and adjusted EBITDA margin1 of 18.7%, a 90 basis point increase over Q2 2025 Diluted EPS of $1.32 and adjusted EPS1 …
CAE reports first quarter fiscal 2027 results
Revenue of $1,173.4 million vs. $1,098.6 million in prior year, up 6.8% year-over-year EPS of $0.10 vs. $0.18 in prior year and adjusted EPS(1) of $0.26 vs. $0.26 in prior year Free cash flow(1) of $104.0 million and net debt-to-adjusted EBITDA(1) of 2.27x Adjusted …
TSX Closer: Index Closes at Fresh Record High as Financials Gain, Air Canada Surges
The S&P/TSX Composite Index rose for the fourth straight session to close at a new record high on We PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news …
Air Canada Q2 Earnings Call Highlights
This article first appeared on GuruFocus. Adjusted EBITDA: $719 million, at the upper end of guidance, with an adjusted EBITDA margin of 11.5%. Operating Revenues: Record $6.3 billion, up 11% year over year. Passenger Revenues: $5.6 billion, up 11% year over year. PRASM: Improved …
Canadian National Sets Record Grain Movement in 2025-26 Crop Year
Canadian National Railway CNI moved more than 33.8 MMT of grain from Western Canada, surpassing the previous record of 32.6 MMT set in the prior crop year. The record grain movement in the 2025-26 crop year highlights the strength of its network and its …
Why Delta and United’s Loyalty Programs Could Be Worth $30 Billion
Air Canada sold the 25% Aeroplan program stake to Blackstone and some leading Canadian institutional investors, valuing the program at more than $7 billion U.S. dollars ($10 billion Canadian dollars), according to a news release Tuesday. Based on the valuation of the Aeroplan stake, …
Mega rail deal under fire: 7 State AGs warn UP-NS merger could drive up shipping costs
A coalition of seven Republican state attorneys general is urging the Surface Transportation Board to reject Union Pacific's proposed acquisition of Norfolk Southern, arguing that the railroads have not shown the transaction would serve the public interest or strengthen rail-to-rail competition. In a letter …
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