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Stock impact report

Cameco moves charter flight business from company involved in Fond-du-Lac crash to subsidiary airline [CBC (Canadian Broadcasting Corporation)]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Company Research Source: CBC
Cameco moves charter flight business from company involved in Fond-du-Lac crash to subsidiary airline Transwest Air to take over mining worker flights previously operated by West Wind Aviation Cameco is no longer using West Wind Aviation — the company whose plane crashed in Fond-du-Lac, Sask, last month — to fly people to and from its mining and milling operations in northern Saskatchewan. The move, deemed temporary, was confirmed by the uranium company on Saturday. Cameco will instead use West Wind's wholly owned subsidiary Transwest Air. Both airlines are 80 per cent owned by Athabasca Basin Development — a group of seven northern Saskatchewan communities — and Prince Albert Development Corporation. "We're still using Transport Canada-approved carriers and services from other carriers, all of which meet our own standards as well as those of the government," said Gord Struthers, a Cameco spokesperson. "We conduct our own audits to make sure that they meet our own standards and expect Show less Read more
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