The Globe and Mail·4 min read·medium
In a struggling economy, Canada’s aerospace industry is flying high
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Nicolas Van Praet
✦AI Summary
Canada's aerospace sector is experiencing a significant resurgence, highlighted by a record-breaking order of 150 A220 jets from AirAsia. The deal, supported by government promotion, signals a shift toward more active state involvement in securing international manufacturing contracts.
When Airbus SE EADSY announced its latest order for the Canadian-built A220 jet at a news conference in Mirabel, Que., this past May – a fun-loving affair attended by a beaming Prime Minister Mark Carney and cheerful employees carrying heart-shaped signs – the list of superlatives ran long.
businesseconomyworld
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