North America News

ch-aviationDaniel Martinez Garbuno

Air Canada to use $1.8 billion investment to repay bonds

Air Canada will use a $1.8 billion investment to repay outstanding bonds, directing fresh capital toward balance-sheet obligations rather than fleet or network expansion. The available report does not identify the investor, timing, bond maturities or other terms of the transaction.

2026-08-13T10:50:26.593597-07:00

North America

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Air Canada to use $1.8 billion investment to repay bonds

Air Canada will use a $1.8 billion investment to repay outstanding bonds, directing fresh capital toward balance-sheet obligations rather than fleet or network expansion. The available report does not identify the investor, timing, bond maturities or other terms of the transaction.

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Pivotal BlackFly eVTOL joins 911 response in North Carolina, reaching one patient 20 minutes before an ambulance

Hyde County emergency services used a single-seat Pivotal BlackFly eVTOL for two real 911 responses, marking the aircraft’s first reported emergency deployments in the United States. In one call, the paramedic pilot reached the patient 20 minutes before the ground ambulance in the rural coastal county.

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Ontario backs AirSuite R&D to advance aviation ground operations

AirSuite has been selected for support from the Ontario Vehicle Innovation Network’s R&D Partnership Fund to develop next-generation, Ontario-made mobility technologies for aviation ground operations. The funding positions the company within the province’s effort to advance locally developed solutions for airport and aviation operations.

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AIR to Establish U.S. Headquarters and eVTOL Production Hub in Florida

AIR is partnering with the Florida Department of Transportation to establish its U.S. headquarters and an electric vertical takeoff and landing aircraft production hub in the state. The company says the initiative will position Florida as a base for its advanced air mobility activities and manufacturing operations.

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