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>> AVIATION Latest News

2 HOURS AGO - Wall Street Journal

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Bombardier Selling Aviation Training Business

Bombardier said it agreed to sell its military aviation-training operations to flight-simulator maker CAE for 19.8 million Canadian dollars.

Tags: Bombardier Selling Aviation Training Business,  Aviation Latest News

22 HOURS AGO - Business Insider

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Hong Kong Tycoon's M&A Spree Promises Bumper Year For Asia Banks

By Denny ThomasHONG KONG (Reuters) - Li Ka-shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month - good news for investment bankers close to the 86-year-old Hong Kong tycoon's empire.The brisk business - $108 billion of Asia M&A makes it the best start to a year, according to Thomson Reuters data ...

Tags: Hong Kong Tycoon's M&A Spree Promises Bumper Year For Asia Banks,  Aviation Latest News

JAN 25, 2015 - Forbes

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Mechanics Union Sues American Airlines Alleging Pressure To Violate Safety Rules

In a highly unusual lawsuit filed last Thursday in federal district court in Illinois, the Transport Workers Union is suing American Airlines claiming that its aviation mechanics at the airline are being pressured to "commit maintenance fraud, disregard maintenance discrepancies, deviate from federally-mandated maintenance procedures, abstain from required lightening strike and bird strike inspections, and otherwise violate federal aviation standards." ...

Tags: Mechanics Union Sues American Airlines Alleging Pressure To Violate Safety Rules,  Aviation Latest News

JAN 24, 2015 - Investors Business Daily

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Rockwell Collins Saw A Big Boeing Share Gain In Q1

Rockwell Collins (COL) reported fiscal first-quarter earnings that topped expectations and raised its full-year guidance as it gained a "significant" market share with Boeing. The aviation electronics company earned $1.26 a share in Q1, a 31% increase from last year. That includes a benefit of 16 cents from a retroactive extension of a federal research and development tax credit. Revenue ...

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JAN 23, 2015 - Investors Business Daily

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GE's Power & Water Boosts Earnings As Oil Falls

General Electric's (GE) fourth-quarter earnings beat estimates Friday despite falling oil prices as industrial profit soared. The conglomerate's earnings rose 5.7% to 56 cents per share, topping Wall Street estimates by a penny. Revenue climbed 4% to $42 billion, slightly under views for $42.2 billion. Industrial segment profit rose 9% to $6 billion as sales from its power and water ...

Tags: GE's Power & Water Boosts Earnings As Oil Falls,  Aviation Latest News