FLYHT Aerospace Solutions Ltd. (formerly Aeromechanical Services Ltd.) (FLY.V) and Star Navigation Systems Group Ltd. announce that they have reached a full and final settlement of outstanding litigation between them, and that they have agreed to file dismissals of all outstanding claims and counterclaims.
FLYHT Aerospace Solutions, Star Navigation Systems Group Ltd., Star Navigation Systems Inc., Peter Verbeek, and Viraf Kapadia have agreed to a dismissal of their existing litigation in Ontario on a without costs basis, with no admissions of liability.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.