Next month, Spar Aerospace Ltd. will report a dismal third-quarter performance, which is expected to bring the Canadian company's losses through Sept. 30 to an estimated $17-18 million.

Honeywell Inc., in Wall Street parlance, is a hot stock--it has nearly doubled in price in the last 18 months. While impressive, some analysts believe there are a lot more gains to come.

Immediate orders are unlikely as carriers wait to see what Airbus can offer to the 500-600-seat race. Carriers with major needs for 500-600-seat long-haul aircraft like what they have seen in Boeing's proposed 747-500X and 747-600X.

Securities analysts expect sales of Bombardier Inc.'s new Global Express business jet, unveiled last week in Toronto (see p. 65), to contribute substantially to the Canadian company's revenue and earnings growth, starting in 1998.

Characterizing the stock of AMR Corp. and Delta Air Lines Inc. as undervalued, NatWest Securities analyst Susan Donofrio last week initiated coverage of both major carriers, with a ``buy'' rating.

ValuJet Airlines late last week was in the final stages of preparing to resume service, without knowing exactly when that might happen. The carrier's flight crews have completed two days of proving runs for the FAA, one of the last steps prior to getting the agency's approval to restart operations.

As a designer and producer of FAA-approved aftermarket jet engine components, the Heico Corp. is dwarfed by original equipment manufacturers Pratt&Whitney, a unit of the United Technologies Corp., and the General Electric Corp.'s aircraft engine division.

Has celebrated airline executive Stephen M. Wolf, who successfully rebuilt three troubled carriers, met his match in USAir Group Inc.?