" Air Canada’s $1.6B share offer bolsters depleted cash reserves
Air Canada (TSX:AC) has closed a public offer for just under C$1.6 billion in gross proceeds, after a difficult few months for the company.
" Bombardier reports steady Q1 2020 results despite industry upsets
Bombardier (TSX:BBD.B) has posted steady results for the quarter ending March 31, but cautioned that future financials may take a hit.
" Net loss of $1B for Air Canada’s first COVID affected quarter
“We are now living through the darkest period ever in the history of commercial aviation,” said Calin Rovinescu, CEO of Air Canada (TSX:AC).