While Airbus and Boeing aircraft deliveries are on the upswing, airline companies themselves have been more cautious in their hiring decisions, said Calin Rovinescu, executive chairman of the Montreal-based flight simulator manufacturer. (La Presse, The Logic)

Talking point: Civil aviation may not be growing as quickly as CAE predicted, but the company’s revenue grew 2.4 per cent year over year to $1.1 billion, missing analyst estimates compiled by Visible Alpha. The growth was due in large part to sales in its defence division, spurred by increased government spending across NATO. CAE shares fell more than 10 per cent in Wednesday afternoon trading.