Category: Other

  • De Havilland Canada Breaks Ground on De Havilland Field, Marking a New Era for Canadian Aerospace

    Wheatland County, Alberta (May 15, 2026) — De Havilland Aircraft of Canada Limited (“De Havilland Canada”) today celebrated the official groundbreaking of De Havilland Field, a transformative aerospace hub in the heart of Wheatland County, Alberta. The milestone marks a significant step forward in building Canada’s aerospace manufacturing capacity while strengthening economic growth, employment, and sovereign aerospace capability as outlined in the government’s Defence Industrial Strategy. 

    The groundbreaking ceremony brought together leaders from De Havilland Canada alongside representatives from the Government of Canada, the Government of Alberta, and Wheatland County. The event also featured the arrival of multiple De Havilland Canada aircraft, underscoring the company’s legacy and future in Canadian aviation.  

    “Today’s groundbreaking is about far more than a new facility — it is about building sovereign capability in Canadian aerospace, manufacturing, service support, and training,” said Brian Chafe, Chief Executive Officer, De Havilland Canada. “The potential of De Havilland Field is massive. We are 100% Canadian owned, with an 80% Canadian-based supply chain. If the government follows through on its commitments to buy Canadian, and to support and build sovereign capabilities, the possibilities of De Havilland Field are unparalleled. De Havilland is truly Canada’s aerospace company, and we are proud to be building in Alberta, with a company and supply chain across the country that will support a world-class aerospace hub for generations to come.” 

    De Havilland Field will serve as the company’s home and create a purpose-built, state-of-the-art campus designed to support aircraft parts manufacturing, distribution and support for our customers and their fleets. The development represents one of the most significant investments in Canadian aerospace infrastructure in decades. 

    Watch the brand new De Havilland Field video, debuted at today’s groundbreaking event here.

    A Catalyst for Jobs and Economic Growth 

    The De Havilland Field project is expected to generate substantial economic benefits for Alberta and Canada as a whole. The development will create thousands of high-quality jobs across skilled trades, engineering, manufacturing, and aviation services, both during construction and throughout ongoing operations. 

    As De Havilland Canada continues to grow, the company is actively expanding its workforce and building long-term career opportunities for Canadians. De Havilland Field will anchor a thriving aerospace ecosystem, attracting suppliers, partners, and innovators to the region and creating sustained economic activity for decades to come. 

    Anchoring Aerospace Jobs Across Canada 

    The groundbreaking of De Havilland Field reflects a broader commitment to restoring and strengthening Canada’s aerospace industry. By investing in domestic manufacturing and infrastructure, De Havilland Canada is bringing critical aerospace jobs and expertise back to Canada, ensuring that Canadian aircraft are designed, built, and supported by Canadian workers. 

    Located in Alberta, De Havilland Field will establish the province as a new centre of excellence in aerospace manufacturing. This strategic investment diversifies the regional economy while positioning Canada as a global leader in specialized aircraft production.

    About De Havilland Aircraft of Canada Limited 

    De Havilland Aircraft of Canada Limited (De Havilland Canada) is a cornerstone of Canadian aerospace innovation, proudly designing, building, and supporting aircraft in Canada for the global market. Every aircraft we produce creates high-value jobs, strengthens our national aerospace industry, and contributes to a resilient and growing economy. 

    Built in Canada. Made for the world. 

    With a fleet of more than 5,000 aircraft delivered to operators worldwide, De Havilland Canada has earned a global reputation for rugged, reliable performance and exceptional customer support. Our aircraft connect people and places—from the most remote communities to the busiest regional hubs—carrying millions of passengers and critical cargo every year. 

    Built to operate in the toughest environments, De Havilland Canada aircraft are trusted for a wide range of missions, including aerial firefighting, search and rescue, medical evacuation, surveillance, and more. Our near-century-long legacy is driven by a passionate Canadian workforce dedicated to shaping the future of regional and missionized aviation. 

    Discover more at: www.dehavilland.com 

  • First Canadian flight and paint reveal: CT-153 Juno (Airbus H135) advances FAcT program in Fort Erie, Ontario

    13 May 2026

    SkyAlyne and Airbus Helicopters in Canada have achieved a key milestone in the Royal Canadian Air Force (RCAF) Future Aircrew Training (FAcT) program, with the first CT-153 Juno (Airbus H135) completing initial Canadian test flights and showing its RCAF livery in Fort Erie, Ontario.

    Following initial assembly and acceptance, the aircraft was delivered to Canada for completion activities, including the integration of Canadian-specific modifications and application of the program’s “Reflect Forward” paint scheme.https://www.youtube-nocookie.com/embed/2Q-XTySAzlE?si=aMJmj3qMameGS-E-

    Initial flights and installation of the Canadian STCs in Fort Erie represent important steps in validating aircraft performance, systems integration, and overall airworthiness. This phase of testing ensures the platform meets the rigorous standards required to support the training of future RCAF pilots.

    The CT-153 Juno’s livery reflects both heritage and modernization, incorporating the RCAF’s historic training yellow alongside contemporary blue tones and national red-and-white elements. Designed for visibility and identity, the aircraft signals a forward-looking approach to Canadian aircrew training.

    Final RCAF markings will be applied in the coming weeks, prior to delivery to the RCAF.

    As the advanced rotary-wing training aircraft for the FAcT program, the CT-153 Juno will play a central role in delivering a comprehensive, integrated training system for the next generation of RCAF pilots.

    The CT-153 Juno is powered by two full authority digital engine control (FADEC) Pratt & Whitney Canada PW206B3 engines and includes the Airbus Helionix avionics suite. Canada’s Juno fleet will be based at 15 Wing Southport with the 3 Canadian Forces Flying Training School.

    With flight testing underway and fleet delivery progressing, this milestone underscores continued momentum in the delivery of a made-in-Canada training capability for decades to come.

    SkyAlyne is acquiring 19 CT-153 Junos for the RCAF with deliveries beginning in mid-2026.

  • Team SkyAlyne completes Factory Acceptance of first CT-157 Siskin II (Pilatus PC-21) destined for RCAF

    Team SkyAlyne has successfully completed Factory Acceptance of the first CT-157 Siskin II (Pilatus PC-21) aircraft at the Pilatus production facility in Stans, Switzerland, marking another important milestone in the Royal Canadian Air Force (RCAF) Future Aircrew Training (FAcT) program.

    Factory acceptance represents a critical step in the aircraft delivery process, ensuring the aircraft meets all contractual and performance requirements prior to transit to Canada later this year. The acceptance activities included comprehensive inspections and verification of aircraft systems, avionics, and overall build quality, conducted in close collaboration with representatives from SkyAlyne, the RCAF, KF Aerospace, Pilatus and the Government of Canada.

    This milestone, marked by a ceremony attended by Hon. Stephen Fuhr (Secretary of State for Defence Procurement), His Excellency Ambassador Jean-Paul Lemieux (Ambassador of Canada to Switzerland and Liechtenstein), Mr. Peter Saunders (Director General, Integrated Air Missile Defence, RCAF), Ms. France Hebert (President, SkyAlyne, and President, Defence & Security – Canada and International, CAE), Mr. Peter Fedak (Vice President, Defence Programs, KF Aerospace), Harrison Ruess (Head of Communications, Collaboration, and Stakeholder Relations, SkyAlyne), and Ioannis Papachristofilou (VP Government Aviation & Deputy CEO, Pilatus) and others, builds on continued progress at the Pilatus facility, where production and testing activities are advancing steadily on Canada’s fleet of 19 CT-157s.

    The platform is also a strong example of shared economic benefits between Canada and Switzerland. Every PC-21 produced for global customers, including those acquired by SkyAlyne for the RCAF, includes Canadian components, including the powerplant and critical elements of the avionics system.

    In Canada, the CT-157 Siskin II will serve as the training aircraft for both the Advanced Flying Training – Fixed Wing (AFT-FW) course, as well as the Advanced Flying Training – Jet (AFT-Jet) course in the FAcT  program. The two-seat aircraft, featuring a 1,600 horsepower PT6A Pratt & Whitney Canada turboprop engine, can reach speeds of 685 km/h. The aircraft can sustain G-forces from positive 8G to negative 4G, ensuring capability to fully meet the demands of military aviation training.

    FAcT is an all-encompassing 25-year solution that will deliver ab-initio training to RCAF Pilots, Air Combat Systems Officers (ACSOs), and Airborne Electronic Sensor Operators (AES Ops). SkyAlyne, a joint venture of CAE and KF Aerospace, is the Prime Contractor and industry partner to the RCAF on FAcT. The program is currently in a multi-year transition period to become the sole ab initio Pilot and Aircrew training program for the RCAF, as the current three separate RCAF training programs conclude, and their responsibilities are combined into FAcT.

    The FAcT program is overseen from a Joint Management Office at SkyAlyne’s Ottawa headquarters, with three operational bases: Moose Jaw, SK, Southport, MB, and Winnipeg, MB. The CT-157 fleet will be based at 15 Wing Moose Jaw. The first four CT-157s are expected to arrive in Canada in the second half of 2026.

    About SkyAlyne: The Future of Aircrew Training
    SkyAlyne is a team of defence, training, simulation, and aviation industry experts assembled from across Canada, working to prepare the next generation of Royal Canadian Air Force (RCAF) Pilots and Aircrew as the Future Aircrew Training (FAcT) program provider. SkyAlyne was formed in 2018 as a partnership between CAE and KF Aerospace, two Canadian aviation, training, and defence leaders. The partnership was built to jointly answer the call for the Government of Canada’s FAcT program. In spring 2024, SkyAlyne was officially contracted to partner with the RCAF and deliver the FAcT program.
    Learn more: SkyAlyne.ca

  • Maverick Aviation Group Limited Acquires Genaire Ltd

    EDMONTON, AB, May 1, 2026 – Maverick Aviation Group Limited (“Maverick” or the “Company”) is pleased to announce the acquisition of Genaire Ltd. (“Genaire”), a Canadian aerospace company with over 70 years of history supporting both military and commercial aviation operators.

    This acquisition marks a significant expansion of Maverick’s capabilities into fuel cell and ground service equipment (“GSE”) repair and sales. In addition, Maverick will assume Genaire’s role as an original equipment manufacturer (OEM), producing Twin Otter skis and pallets for the C-130 Hercules—critical components supporting Canada’s aviation infrastructure and defense operations.

    Founded in Ontario, Genaire has built a longstanding reputation as a trusted partner to the Department of National Defence and commercial aviation customers across Canada.

    Genaire will also serve as Maverick’s Eastern Canadian platform for expansion, providing a strategic foothold to grow the Company’s presence beyond Western Canada and enabling enhanced national service coverage for both defense and commercial customers.

    “This is a proud moment for Maverick and for Alberta,” said Trevor Rehberg-Besler, President of Maverick Aviation Group Limited. “Genaire represents the kind of business we are committed to building, deeply rooted in Canadian aviation, technically capable, and essential to the long-term sustainability of both commercial and defense fleets. We are honored to carry forward Genaire’s legacy and invest in its next chapter of growth. Just as importantly, Genaire provides us with a strong platform to expand into Eastern Canada and build a truly national aviation services business.”

    Genaire’s integration into Maverick’s portfolio further strengthens the Company’s national footprint and enhances its ability to provide end-to-end aviation support services. With operations spanning multiple major airports across Western Canada and a growing presence in Eastern Canada through Genaire, Maverick is uniquely positioned to scale Genaire’s offerings while maintaining the high standards and customer relationships that have defined the business for decades.

    Melissa Warner of Genaire Ltd. commented:

    “Genaire has always been about quality, reliability, and long-term relationships with our customers. We are incredibly proud of what has been built over the past 70 years. Maverick shares those values, and we are confident they will be an excellent steward of Genaire’s legacy while continuing to support our customers and employees. We are particularly excited about the opportunity to expand our reach as part of a larger national platform.”

    Chris Warner of Genaire Ltd. added:

    “This transition represents a strong future for Genaire. Maverick brings energy, resources, and a clear vision for growth. I am excited to move into the General Manager, Eastern Canada and help the company expand its reach into new regions while preserving the core principles that have made it successful.”

    Maverick plans to invest in expanding Genaire’s technical capabilities, workforce, and product development initiatives, with a focus on strengthening Canada’s domestic aerospace supply chain and supporting both legacy and modern aircraft platforms.

    “We are excited to welcome the Genaire team into Maverick,” added Rehberg-Besler. “Their expertise in fuel systems, GSE, and OEM manufacturing complements our existing capabilities in avionics, instrumentation, and non-destructive testing. Together, we are building a truly integrated Canadian aviation services platform with coast-to-coast reach.”

    About Maverick Aviation Group Limited
    Maverick Aviation Group Limited is a Canadian aerospace holding company operating a portfolio of Approved Maintenance Organizations (AMOs) across Canada. The Company specializes in avionics, instrument repair and calibration, engineering, and aerospace non-destructive testing, serving general, commercial and defense customers. www.maverickaviationgroup.ca

    About Genaire Ltd.
    Genaire Ltd. is an Ontario-based aviation company with over 70 years of experience supporting military and commercial operators. The company specializes in aircraft fuel systems, ground support equipment, and OEM manufacturing, including products for Twin Otter and C-130 aircraft platforms. Genaire has been a longstanding partner to the Department of National
    Defence and a trusted provider of mission-critical aviation solutions across Canada. www.genaireltd.com

  • RCAF Foundation and SkyAlyne announce Indigenous Scholarship program

    May 7, 2026 // Ottawa, ON — SkyAlyne and the RCAF Foundation are proud to announce new scholarships in support of Indigenous students pursuing post-secondary education in science, technology, engineering, and mathematics (STEM) fields.

    The 10 SkyAlyne-sponsored scholarships, each valued at $1,000, will support First Nations, Inuit, and Métis students who are either from, or studying in, geographic areas near SkyAlyne’s Future Aircrew Training (FAcT) program sites, including Moose Jaw, SK, Southport, MB, and Winnipeg, MB, and SkyAlyne’s headquarters in Ottawa, ON.

    This initiative marks a shared commitment by SkyAlyne and the RCAF Foundation to foster greater inclusion and representation in STEM fields, while investing in the next generation of talent within communities connected to the Future Aircrew Training (FAcT) program ecosystem.

    “SkyAlyne is proud to sponsor Indigenous students pursuing STEM education,” said Kevin Lemke, General Manager of SkyAlyne. “We recognize the importance of creating opportunities that empower students in the communities where we live and operate, and we are committed to helping build pathways that can turn into meaningful and impactful career opportunities. The long-term nature of the FAcT program enables us to make meaningful contributions to skills development and foster capacity building.”

    The scholarships will help reduce financial barriers for Indigenous students and encourage participation in STEM disciplines, which are critical to improve Canada’s innovation and defence sectors – and specifically programs like FAcT.

    “Now in its fifth year, the RCAF Foundation is privileged to support students in meaningful ways, providing more than 500 scholarships to help remove barriers and open doors to opportunity,” said Jeremy Diamond, Founding CEO of the RCAF Foundation. “We are deeply grateful to our partners and supporters who make this impact possible, and we remain committed to helping the next generation take flight towards their goals.”

    Eligible applicants must:

    • Identify as Indigenous,
    • Be enrolled in, or accepted to, a recognized post-secondary institution in a STEM-related program
    • Preference will be given to students with strong ties to the Moose Jaw, Southport, Winnipeg, and Ottawa areas.

    The RCAF Foundation Scholarship Program supports the next generation of leaders in aviation, aerospace, and STEM fields by providing financial support to reduce barriers to entry. It aims to inspire young Canadians while strengthening the talent pipeline for Canada’s aviation sector.

    Further details on eligibility criteria, application details, and deadlines will be available on https://rcaffoundation.ca/student-scholarships/ .

    ABOUT

    SkyAlyne: The Future of Aircrew Training
    SkyAlyne is a team of defence, training, simulation, and aviation industry experts assembled from across Canada, working to prepare the next generation of Royal Canadian Air Force (RCAF) Pilots and Aircrew as the Future Aircrew Training (FAcT) program provider. SkyAlyne was formed in 2018 as a partnership between CAE and KF Aerospace, two Canadian aviation, training, and defence leaders. The partnership was built to jointly answer the call for the Government of Canada’s FAcT program. In spring 2024, SkyAlyne was officially contracted to partner with the RCAF and deliver the FAcT program.

    Learn more: SkyAlyne.ca

    RCAF Foundation
    The RCAF Foundation is an arms-length not-for-profit organization whose mission is to recognize, foster and celebrate the Royal Canadian Air Force through community engagement, education programs and commemorative activities.

    Learn more: rcaffoundation.ca

  • Bombardier’s Global 8000 Aircraft Makes its South American Debut at the Catarina Aviation Show in Brazil, Joins the Exquisite Global 6500 and Challenger 3500 on site

    • Catarina Aviation Show marks the tradeshow debut of the Global 8000 business jet, the world’s fastest, industry-defining ultra-long-range aircraft
    • Bombardier’s uncompromising Global 6500 aircraft and best-selling Challenger 3500 aircraft will also be on display at the show highlighting their exceptional performance qualities, cutting-edge technologies and innovative cabin designs
    Inflight Bombardier Global 8000_clouds.2

    MONTREAL, May 07, 2026 (GLOBE NEWSWIRE) — Bombardier today announced that the world’s fastest business jet, the Global 8000, will be on display at the Catarina Aviation Show in São Paulo, Brazil from May 21-23, marking the tradeshow debut of this incredible business aircraft. Bombardier’s uncompromising Global 6500 aircraft and the best-selling Challenger 3500 business jet will also be on display at the show, revealing their impressive design and performance attributes for clients in the region. Bombardier’s sales team will also be on site to meet with customers.

    Bombardier’s Global 8000, Global 6500 and Challenger 3500 aircraft provide customers with class-leading luxury, performance and range ideally suited to hot, high, and short airfields. Bombardier’s flagship for a new era, the Global 8000  business jet, is the fastest civilian aircraft in the skies with a top speed of Mach 0.95 and a range of 8,000 NM(1), enabling passengers to fly faster and farther than ever before.

    Boasting the lowest cabin altitude in business aviation production at 2,691 ft. while cruising at 41,000 ft. (1), the Global 8000 minimizes the physiological stress associated with high altitude travel, helping passengers arrive at their destinations feeling refreshed and ready to perform. With its impressive range, the aircraft can connect travellers from key city pairs, including São Paulo to Perth, São Paulo to Vancouver and São Paulo to Dubai.

    In addition to its long-range capabilities, low cabin altitude and exceptionally smooth ride, the aircraft remains remarkably agile, with takeoff and landing performance comparable to that of a light jet. Its advanced wing design featuring unique leading-edge slats enables customers to master up to 30% more airports than its closest rival.

    “Bombardier’s Global 8000 is at the pinnacle of business aviation today and the Global 6500 and industry-leading Challenger 3500 are proven performers. Being onsite at the Catarina Aviation Show provides Bombardier with the perfect opportunity to showcase the incredible performance and design attributes of these incredible aircraft,” said Frank Vento, Vice-President of Sales, U.S. and Latin America, Bombardier. “Bombardier is uniquely positioned in the Brazilian market, and we are delighted to be showcasing the incredible attributes of these impressive aircraft.”

    Bombardier’s Global 6500 aircraft combine uncompromising style, performance, and innovation to take passengers faster and farther with the smoothest ride possible. With a top speed of Mach 0.90 and range of 6,600 NM(2), it can connect passengers from key destinations such as São Paulo to Aspen, São Paulo to London and São Paulo to Lagos.

    Not to be outdone, the Bombardier Challenger 3500 aircraft stands as the ultimate expression of performance and value in the super-midsize segment, combining advanced technology with exceptional passenger comfort. In 2025, the Challenger 3500 aircraft was the most delivered super mid-size business jet – almost double its next competitor. It boasts a range of 3,400 NM and a top of speed of Mach 0.83(2), connecting passengers from key locations such as São Paulo to St. Maarten, São Paulo to El Calafate and São Paulo to Dakar.

    Customers in the region seeking maintenance on their aircraft will also have further peace of mind with Bombardier’s dedicated services and support network, including the Authorized Service Facility MAGA Aviation at Catarina Airport in São Paulo, which provides line maintenance, Bombardier parts, and tooling for all GlobalChallenger, and Learjet aircraft.

    Bombardier’s factory-owned 300,000 sq. ft. full-service Miami Opa-Locka Service Centre also offers customers expanded maintenance capabilities, and Bombardier has an extensive network of approximately 100 locations around the world ready to support its customers whenever and wherever their needs arise.

    Visitors of the Catarina Aviation Show will have the opportunity to tour the fastest business jet on the planet, the Global 8000 (1) and the impeccable Global 6500 and Challenger 3500 aircraft.

    About Bombardier

    At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs.

    For them, we are committed to pioneering the future of aviation—innovating to make flying more reliable, efficient, and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect. Because people who shape the world will always need the most productive and responsible ways to move through it.

    Bombardier customers operate a fleet of more than 5,200 aircraft, supported by a vast network of Bombardier team members worldwide and 10 service facilities across six countries. Bombardier’s performance-leading jets are proudly manufactured in aerostructure, assembly and completion facilities in Canada, the United States and Mexico. In 2024, Bombardier was honoured with the prestigious “Red Dot: Best of the Best” award for Brands and Communication Design. 

  • Chorus Aviation Inc. Announces First Quarter 2026 Financial Results

    Stable Cash Flow Profile, Strategic Expansion, Continued Capital Returns

    • Net income of $7.0 million compared to a net income of $18.9 million for Q1 2025.
    • Adjusted Net Income1 of $12.6 million compared to $15.4 million for Q1 2025.
    • Adjusted Net Income per Common Share, basic of $0.54 compared to $0.57 for Q1 2025.
    • Adjusted EBITDA of $44.3 million compared to $56.9 million for Q1 2025.
    • Free Cash Flow of $27.0 million compared to $40.6 million for Q1 2025.
    • Free Cash Flow per Common Share, basic of $1.16 compared to $1.51 for Q1 2025.
    • Adjusted Net Debt/Adjusted EBITDA ratio of 1.5 compared to 1.7 at December 31, 2025.

    HALIFAX, NS, May 7, 2026 /CNW/ – Chorus Aviation Inc. (‘Chorus’) (TSX: CHR) today announced its first quarter 2026 financial results.

    “Our first quarter results were in line with expectations, reflecting the stability of our contracted business and consistent execution across the organization,” said Colin Copp, President and Chief Executive Officer, Chorus. “During the quarter, we advanced our strategy to diversify and strengthen our platform, including the acquisition of KADEX Aero Supply, which expands our high-margin aftermarket capabilities and enhances our position in the aviation supply chain and defence markets. We ended the quarter with strong liquidity and a leverage ratio of 1.5x, providing flexibility to invest in growth while continuing to return capital to shareholders.”

    “Together with the declaration of our quarterly dividend, ongoing aircraft monetization and continued share repurchases, these actions reflect our disciplined approach to capital allocation and confidence in the long-term strength and cash flow profile of the business,” added Mr. Copp.

    In the first quarter of 2026, Chorus reported Adjusted EBITDA of $44.3 million, a decrease of $12.6 million compared to the first quarter of 2025 primarily due to:

    • a decrease in aircraft leasing revenue under the CPA of $5.0 million primarily due to expected changes in lease rates on certain aircraft and a lower US dollar exchange rate;
    • a contracted decrease in Fixed Margin of $4.1 million;
    • a decrease in Voyageur’s parts sales and contract flying; and
    • a decrease in capitalization of major maintenance overhauls on owned aircraft of $2.3 million; partially offset by
    • a decrease in general administrative expenses primarily attributable to lower overhead costs.

    Adjusted Net Income was $12.6 million for the quarter, a decrease of $2.7 million compared to the first quarter of 2025 primarily due to:

    • a $12.6 million decrease in Adjusted EBITDA as previously described; partially offset by
    • a positive change in foreign exchange of $4.6 million;
    • a decrease of $3.0 million in income tax expense;
    • a decrease in depreciation expense of $1.8 million primarily attributable to the sale of certain aircraft; and
    • a decrease in net interest costs of $0.4 million primarily related to the repayment of the Series B Debentures and the partial repurchase of the Series C Debentures in the first quarter of 2025; offset by lower interest revenue.

    Net income was $7.0 million, a decrease of $11.9 million compared to the first quarter of 2025 primarily due to:

    • the previously noted decrease in Adjusted Net Income of $2.7 million;
    • a negative change in net unrealized foreign exchange of $8.6 million; and
    • an increase in strategic advisory fees of $0.8 million; partially offset by
    • a decrease in income tax, including tax on adjusted items of $0.2 million.

    Completed KADEX Acquisition

    On April 1, 2026, Chorus completed the acquisition of KADEX for a net purchase price of $50.0 million and expects the acquisition to be immediately accretive to earnings and Free Cash Flow, with anticipated mid-teens returns.

    Progressed Aircraft Sales

    In 2025, Chorus executed agreements to sell nine Dash 8-400s as they exit the fleet in accordance with the CPA for estimated net proceeds of US $62.0 million, subject to customary closing conditions. Four aircraft have been sold to-date, with the remaining five expected to close by July 2026 generating net proceeds of approximately US $36.4 million.

    About Chorus Aviation Inc.

    Chorus is a holding company which owns the following principal operating subsidiaries: Jazz Aviation, the largest regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation, a provider of specialty charter, aircraft modifications, parts provisioning and in-service support services; KADEX Aero Supply, an original equipment manufacturers (OEM) aircraft parts distributor and provider of repair and overhaul services; Cygnet Aviation Academy, an industry leading accredited training academy preparing pilots for direct entry into airlines and Elisen & Associates, a provider of aerospace engineering and certification services. Together, Chorus’ subsidiaries provide services that encompass every stage of an aircraft’s lifecycle, including: aircraft refurbishment, engineering, modification, repurposing and transition; contract flying; aircraft and component maintenance, disassembly, and parts provisioning; aircraft acquisition and leasing; and pilot training.

    For further information on Chorus, please visit www.chorusaviation.com.

  • Prime Minister Carney welcomes the largest order of commercial aircraft in Canadian history

    MIRABEL, QC, May 6, 2026 /CNW/ – The world is changing rapidly. In response, Canada’s new government is focused on what we can control. We are building a stronger economy with an ambitious plan to catalyse $1 trillion in total investment in Canada over the next five years. In the past year, we have signed 20 new economic and defence partnerships, secured nearly $100 billion in foreign investment commitments, and diversified trade across Europe and the Indo-Pacific.

    Building on this progress, the Prime Minister, Mark Carney, today welcomed an agreement between Airbus and AirAsia to purchase 150 Airbus A220-300 aircraft – the largest order for a Canadian-designed and produced aircraft in history. With every aircraft assembled in Airbus Canada’s facility in Mirabel, Québec, this agreement will strengthen the province’s dynamic and world-leading aerospace manufacturing industry and support thousands of careers across Canada, from skilled trades to engineering.

    Airbus’s assembly facility in Mirabel is its most comprehensive commercial aircraft manufacturing site outside Europe. It employs over 4,600 workers and is a cornerstone of Canada’s world-leading expertise in aviation and aerospace technologies. The facility brings together administrative leadership, engineering excellence, advanced research, and production within one integrated operation, supported by a broader ecosystem of Canadian welders, technicians, and small businesses.

    Built with a cutting-edge “clean-sheet” design, the A220-300 aircraft is developed and designed by Canadian workers from scratch. The aircraft offers significant performance advantages, including lower fuel consumption, reduced emissions, and a smaller noise footprint – driven by advanced propulsion systems, lightweight materials, and cutting-edge aerodynamic design.

    In a world of rapid change, Canada’s new government is focused on what we can control. We are growing a stronger economy – one that is built on the solid foundation of thriving Canadian workers and strong Canadian industries.

    Quotes
    “The agreement between Airbus and AirAsia is the largest order of Canadian aircraft in history. The 150 aircraft will be built by Canadian workers on Canadian factory floors. For thousands of engineers, electricians, steel welders, and IT specialists, it will mean high-paying and exciting work to build a remarkable aircraft that connects millions of people around the world to more opportunities, more destinations, or more time with friends and loved ones.”
    — The Rt. Hon. Mark Carney, Prime Minister of Canada

    “Canada is a world leader in aviation and aerospace technologies. This agreement between Airbus and AirAsia will further strengthen the aerospace industry in Québec and across Canada and support thousands of Canadian jobs in aerospace manufacturing for years to come. We are delivering on our government’s plan to build a strong and resilient Canadian economy.”
    — The Hon. Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions

    Quick facts

    • With over 40 years of presence in Canada, Airbus is a major player in the country’s industrial landscape, operating 10 major sites nationwide, including one of its primary manufacturing facilities in Mirabel, Québec. Across these sites and offices, Airbus and its subsidiaries employ more than 5,300 people, with over 4,600 working at the A220 program facility in Mirabel alone.
    • Canada is the only non-European nation to host a major Airbus programme: the Airbus A220 family single-aisle aircraft.
    • Airbus supports more than 27,000 Canadian careers across the aerospace supply chain, leverages more than 850 Canadian suppliers, and provides more than $2 billion in contracts to Canadian companies. Since 2016, their workforce has more than doubled alongside orders for aircraft.
    • In October 2025, Prime Minister Carney concluded a visit to Kuala Lumpur, Malaysia, where he attended the Association of Southeast Asian Nations (ASEAN) Summit and met with world leaders and investors, including the leadership of AirAsia, to strengthen trade and unlock new markets and opportunities for Canadian workers and businesses.
    • Foreign direct investment in Canada reached $96.8 billion in 2025, the highest level in two decades.
    • Canada’s bilateral trade with Malaysia grew nearly 20% in 2025.
    • The Indo-Pacific region is Canada’s second-largest trading partner, with over $260 billion in two-way merchandise trade.
    • In 2024, the Canadian aerospace industry contributed $34.2 billion to the country’s GDP and 225,000 jobs to the Canadian economy.
  • AirAsia places landmark order for 150 A220s

    MIRABEL, QC, May 6, 2026 /CNW/ – Malaysia’s AirAsia has placed an order for 150 latest generation A220-300 aircraft. The purchase agreement is the largest single firm order placed for the A220 and propels the programme beyond the 1,000 firm order milestone, underscoring the aircraft’s global market appeal.

    AirAsia A220-300 (rendering). © Airbus SAS 2026 (CNW Group/Airbus)
    AirAsia A220-300 (rendering). © Airbus SAS 2026

    The contract was announced at a ceremony at the Airbus facility in Mirabel attended by Tan Sri Tony Fernandes, Chief Executive Officer of Capital A and Advisor to AirAsia Group and Lars Wagner, Chief Executive Officer Commercial Aircraft at Airbus. The event took place in the presence of the Right Honourable Mark Carney, Prime Minister of Canada and The Honourable Christine Frechette, Premier of Quebec.

    The purchase agreement makes AirAsia a new customer for the A220. The airline also becomes the launch customer for the aircraft’s new cabin configuration of 160 seats. The increase in capacity, adding 10 seats, is made possible by the addition of an extra overwing exit on each side of the aircraft.

    The A220 complements AirAsia’s existing Airbus fleet and will play a key role in advancing the Group’s network and growth. The aircraft will service destinations across ASEAN and into Central Asia, freeing up larger aircraft to fly longer routes.

    “We have built AirAsia by making bold decisions at the right moment, not the easiest moment. This order reflects our long-term discipline and the scale of our ambitions. The A220 unlocks new markets and routes and brings us closer to building the world’s first true low-cost network carrier,” said Tony Fernandes, CEO of Capital A and Advisor to Air Asia Group. “Our partnership with Airbus spans more than two decades and has been central to everything we have achieved. Today is another milestone in that journey, and there are many more to come.”

    “The A220  will provide an optimal platform for AirAsia, combining low operating costs with the range that will enable the carrier to open new routes across Asia and beyond,” said Lars Wagner, CEO Commercial Aircraft at Airbus. “Airbus and AirAsia teams have been working tirelessly to reach this landmark agreement, which is fully aligned with the airline’s new network strategy.”

    Christine Fréchette, Premier of Quebec has declared : “Quebec is a global leader in aerospace, with a unique ability to design, develop, and manufacture some of the most advanced aircraft in the world. I would like to commend this significant order. The investments made by our government are part of a long-term development vision, and today, we are reaping the benefits. Once again, we are demonstrating that Quebec is ambitious and capable of delivering.”

    Combining the longest range, lowest fuel consumption and widest cabin in its class, the A220 is the most modern airliner in its size category, carrying between 100 to 160 passengers on flights of up to 3,600 nautical miles (6,700 km). At the end of March 2026, 501 A220s had been delivered to 25 operators worldwide.

    As with all Airbus aircraft, the A220 is already able to operate with up to 50% Sustainable Aviation Fuel (SAF). Airbus aims for all its aircraft to be capable of operating with up to 100% SAF by 2030.

  • Skyservice Business Aviation™ Appoints Alejandra Parés to Drive Strategic Growth Across Business Aviation

    MISSISSAUGA, ON, May 4, 2026 /CNW/ – Skyservice Business Aviation™ today announced the appointment of Alejandra Parés as Senior Director, Strategy and Continuous Improvement, reporting to Ron Silverman, President, Business Aviation. In this role, she will lead strategic initiatives, governance, and operational execution across the Business Aviation division.

    Alejandra Parés joins Skyservice Business Aviation as Senior Director, Strategy and Continuous Improvement. (CNW Group/Skyservice Business Aviation Inc. - Mississauga, ON)

    Parés brings more than 15 years of experience in business aviation and other regulated operating environments, with a track record of translating executive priorities into structured programs and measurable business outcomes. She joins Skyservice from ACASS Canada Ltd., where she most recently served in the position of Chief Operating Officer and Vice President, Business Strategy & Administration.

    Prior to ACASS, Parés held senior leadership roles at TAG Aeronautics Ltd., where she led business operations, international expansion initiatives, and enterprise modernization efforts.

    In her previous role, Parés worked closely with the CEO to oversee enterprise strategic initiatives and corporate transformation across operations, technology, finance, and people and culture. She established governance structures, operating cadences, and performance frameworks to strengthen delivery discipline, while leading cross-functional teams across multiple international markets.

    “Alejandra’s appointment strengthens the depth of our leadership team and meaningfully advances our capabilities across Business Aviation,” said Benjamin Murray, President and Chief Executive Officer, Skyservice Business Aviation. “We are well positioned for continued growth and are deliberately strengthening our leadership with the experience and rigour required to scale.”

    This appointment comes at a time of sustained growth across Skyservice’s Business Aviation division. The company expanded its managed fleet in 2025 and continued that momentum into the first quarter of 2026, supported by strong operating performance and ongoing investment in people, capabilities, and infrastructure to support long-term growth in the Canadian market.

    “Skyservice has built something special in business aviation: a respected platform, a strong team, and a clear ambition for what comes next,” said Parés. “I’m excited to be part of that next chapter and to help build capabilities, scale, drive performance, and serve our clients even better.”

    Parés is trilingual in English, Spanish, and French, and is recognized for building high-performance teams and advancing leadership capability within organizations. Her appointment underscores Skyservice’s continued investment in execution discipline and operational strength across Business Aviation.

    About Skyservice Business Aviation

    Skyservice is a North American leader in business aviation dedicated to innovation, responsible operations, safety, and service excellence. Now in its 40th year of operations, Skyservice is at the forefront of business aviation with best-in-class facilities across North America. Our skilled maintenance teams, award-winning fixed base operator facilities, aircraft management, private jet charter services, and aircraft sales and acquisitions teams combine to deliver an exceptional experience to our valued customers. To learn more, visit skyservice.com.