Aviation

Bombardier’s (TSX:BBD.B) Global 5500 business jet has entered into service, after being delivered to its inaugural customer.

FLYHT Aerospace Solutions (TSXV:FLY) has appointed Barry Eccleston as Executive Chairman of the company’s board.

Bombardier Aviation (TSX:BBD.B) will reduce its workforce by approximately 2,500 workers, due to market conditions caused by COVID-19.

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 (TSX:BBD.B) has posted steady results for the quarter ending March 31, but cautioned that future financials may take a hit.

Aerospace designer, Héroux-Devtek (TSX:HRX) is laying off staff and closing its production plant, as aviation withers under COVID-19.

“We are now living through the darkest period ever in the history of commercial aviation,” said Calin Rovinescu, CEO of Air Canada (TSX:AC).

Bombardier Inc (TSX:BBD.B) is returning the majority of its employees to work, after furloughing them earlier in the year.

Chorus Aviation Inc (TSX:CHR) has implemented a rights plan to protect its shareholders, after the company’s recent share-price drop.

International tour operator, Transat AT Inc (TSX:TRZ) is rehiring 4,000 employees, after laying off most of them earlier this year.