Mark Huber is an aviation industry veteran who has worked in the flight training, aircraft sales, aircraft component, and airport development businesses. He has flight time in more than 50 different and diverse aircraft, including helicopters, aerobatic aircraft, vintage warbirds, jet fighters, business jets and turboprops, and transport-category aircraft. He has jumped out of several of these—on purpose—with a parachute. His defense and aviation journalism has been published in a variety of national and international periodicals.

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Mark Huber

Yesterday, the governments of Canada and its Quebec province finalized plans announced earlier this year to pump more than C$2 billion in direct grants and loans into the country’s aerospace sector, with some well-known&nbsp;OEMs, including Pratt &amp; Whitney, Bell, and CAE, primed to receive up to $685 million. Canadian Prime Minister Justin Trudeau said the aid was part of the country’s “strategic investments” to promote a green economy and assist in the “profound transformation” of the nation’s aerospace industry, which supports 235,000 direct and indirect jobs.

 


Funds to be provided include nearly $70 million to Pratt &amp; Whitney Canada to support ongoing work for a $163 million hybrid-electric aircraft engine propulsion project;&nbsp;$275 million for Bell Textron Canada for the Viridis hybrid-electric helicopter technology;&nbsp;and $340 million for CAE to acquire electric training aircraft and implement a global R&amp;D program encompassing digital technology, electric aviation, and health care over the next five years.&nbsp;

 


Smaller aerospace firms would also benefit. Trudeau concurrently announced the launch of the Aerospace Regional Recovery Initiative (ARRI) through a federal investment of $250&nbsp;million over three years. The ARRI is designed to provide funding to small and medium-sized businesses and organizations in the aerospace sector “to help them become cleaner, more innovative, and more productive,” according to a statement from the Prime Minister’s office.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

Canadian Governments Pumping Billions into Green Aviation 

PWC, Bell, and CAE could receive $685 million from Canada's support for electric aviation. 

2024 Corporate Aviation Leadership Summit

Amy Wilder

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Pre-tax earnings for service group climb 20.6%

NetJets, FlightSafety Revenue Rises in First-half 2026

Hanneke Weitering

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

Financing supports Eco Caravan certification and hybrid-electric APU development

Ampaire Raises $19 Million for Hybrid-electric Airplanes

Kerry Lynch

Moody's assigned a Ba2 credit rating, up from Ba3, while maintaining a positive outlook

Moody's Upgrades Bombardier as Balance Sheet Improves

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News and information on safety procedures and concerns.

Decision support system helps pilots assess risks up to 14 days ahead of planned flight

PlaneWX Pilots Save with 5X5 Insurance Safety Rewards

Component sales boosted Beta’s second-quarter revenue

Beta Is Turning Its eVTOL Competitors into Customers

Charles Alcock

UK group says it will complete Valo eVTOL’s critical design review this year 

Vertical Extends Cash Runway with Fresh eVTOL Funding 

Buyers urged to seek guidance, consider financing before finding an aircraft

IADA Panel: Financing Has Evolved Beyond a Buying Tool

Howard Hardee

News and issues relating to civil and military unmanned aircraft systems (UAS), unmanned aerial vehicles (UAVs) and remotely piloted aircraft systems (RPAS) of all kinds and sizes, including those used for intelligence, surveillance and reconnaissance (ISR), combat (unmanned combat air vehicles, or UCAVs), law enforcement, research and other applications. Of particular focus is the FAA's planned integration of UAS into the U.S. national airspace system.

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