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Indy's Pillow Logistics expanding into Louisville facility

INDIANAPOLIS, Ind. Pillow Logistics Group, a leading transportation and logistics provider, is making several regional expansions, including in Louisville. With the increase in e-commerce, technological advancements in online ordering, and an increase in demand for fast delivery of packages, Pillow Logistics Group has experienced unprecedented growth within the past three years. ....

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Air Canada Selects Pratt & Whitney GTF™ Engines to Power Up to 44 Airbus A320neo Family Aircraft

Air Canada Selects Pratt & Whitney GTF™ Engines to Power Up to 44 Airbus A320neo Family Aircraft
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Air Canada (TSX:AC) Stock: Brace Yourself for a Bumpy Ride


A bailout package may be coming to Canada’s airline industry soon.
Air Canada(TSX:AC) confirmed that talks with the federal government are ongoing. Thus far, airline companies have received more than $1.7 billion in financial support through the Canada Emergency Wage Subsidy (CEWS).
The central precondition is that Air Canada and other airlines must commit to refund or repay customers for flights not taken. Union president Jerry Dias said Air Canada has long been amenable to a rebate agreement in exchange for a bailout.
News of a potential federal package excites investors. As of March 5, 2021, the share price is $26.90, or an 18% year-to-date gain. A year ago (pre-pandemic), it was $32.16. Many anticipate a breakneck rally by the airline stock, although the ride could still be bumpy. No one knows yet if there’s a big catch in the agreement with the government. ....

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