Cessna business jet maker Textron Inc said on Wednesday it has agreed to sell a portion of its flight simulation and training business to Canada's CAE Inc for $40 million in cash.
How former American Airlines CEO Doug Parker is on a mission to help make pilot training accessible for young people.
American Airlines said on Monday it is starting to schedule Boeing Co 737 MAX training for its pilots in November, a sign that it believes a return to service of the grounded jet could be near.
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