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Exchange Income Corp T.EIF

Alternate Symbol(s):  EIFZF | T.EIF.DB.J | T.EIF.DB.L | T.EIF.DB.M | T.EIF.DB.K

Exchange Income Corporation is a Canada-based diversified acquisition-oriented company. The Company operates through two segments: Aerospace & Aviation and Manufacturing. The Aerospace & Aviation segment is comprised of three lines of business: Essential Air Services, Aerospace, and Aircraft Sales & Leasing. Its Essential Air Services includes both fixed wing and rotary wing operations. Aerospace includes its vertically integrated aerospace offerings that provide customized and integrated special mission aircraft solutions primarily to governments across the globe. Aircraft Sales & Leasing includes aftermarket aircraft, engine and parts sales and aircraft and engine leasing, along with aircraft management services. The Manufacturing segment is comprised of three lines of business: Environmental Access Solutions, Multi-Storey Window Solutions and Precision Manufacturing & Engineering. The Company also focuses on portable hydronic (glycol-based) climate-controlled equipment.


TSX:EIF - Post by User

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Post by argon12on Nov 15, 2018 10:34pm
144 Views
Post# 28983976

PAL Airlines News

PAL Airlines News

PAL Airlines Flight 1922 Crash-Lands In Stephenville, N.L.

The Transportation Safety Board of Canada has been notified.

 

STEPHENVILLE, N.L. — An airline says a plane was forced to make what it described as an "emergency landing" today at an airport in western Newfoundland after encountering issues with its nose landing gear.

The PAL Airlines Flight 1922 crash-landed at Stephenville airport just after noon; social media photos showed the plane at rest on the runway, nose-down on the tarmac.

The airline says it was en route to Deer Lake, N.L., carrying 47 passengers and four crew when crew members learned of an issue with the nose landing gear.

Inclement weather in Deer Lake

The airline says the crew followed procedure, including a flyby of the Deer Lake control tower for a visual check of the nose gear position.

It says there was inclement weather in Deer Lake, so the Dash 8 aircraft proceeded to the Stephenville airport for landing, as the nose gear could not be confirmed as locked.

PAL Airlines says the plane landed without the nose gear locked in position and came to a stop on the runway.

There were no injuries, and the Transportation Safety Board of Canada has been notified.

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