Canada 3000 snaps up CanJet in all-stock deal

Article Abstract:

CanJet Airlines, which is led by entrepreneur Ken Rowe, will be acquired by Toronto, Ont.-based Canada 3000 Inc. in an all-stock deal. The merger, which places a value of $7 million on CanJet, closely follows Canada 3000's acquisition of Royal Aviation Inc.

Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Airlines, CanJet Airlines, Canada 3000 Airlines Ltd., Royal Aviation Inc.

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CHC Helicopters catches a lift on higher oil price

Article Abstract:

St. John's-based CHC Helicopter Corp.'s 1999 acquisition of Norway's HSG Helicopter Services Group has provided the Canadian company with large oil and gas revenues. CHC has benefitted from a steep rise in oil and gas prices.

Misc. Equipment Rental & Leasing, Equipment Leasing & Rental, Rental and Leasing Services, Helicopters, Commercial, Industrial equipment and supplies industry, Industrial equipment industry, Lease and rental services industry, Lease and rental services, Equipment rental, Helicopter industry, Commercial helicopters, CHC Helicopter Corp., HSG Helicopter Services Group

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Bombardier endures jet controversy

Article Abstract:

Despite controversy caused by Bombardier Inc.'s regional jets, the aircraft has proven to be one of the company's most profitable products.

Transportation Equipment Manufacturing, Standard Jet, TRANSPORTATION EQUIPMENT, Transport Equipment, Transportation equipment industry, Aircraft industry, Bombardier Inc., PINK, Jet airplanes

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