12:26 PM EDT, 10/17/2025 (MT Newswires) -- RBC Capital Markets reported aerospace sector shares were down 0.5% week-over-week in its "Canadian Industrials Share Price Monitor" for the week ending October 16.

The bank sees weak Canadian transborder air travel as "neutral to sentiment" for Air Canada ( ACDVF ) as the company already pre-released third quarter results. Bombardier had also unveiled BOND as the company behind its previously disclosed 50-aircraft firm order and service agreement.

"We see the announcement as a positive and key for us here is that the company is backed by KKR and is being led by an experienced CEO," said RBC Capital Markets. "We view the outlook as a positive read-through for Bombardier."

Honeywell had also released its 34th annual Global Business Aviation Outlook this week, forecasting record-breaking industry growth in both volumes and expenditures.

"Key takeaways are as follows: 1) Deliveries expected to grow +5% in 2026 with long-term growth averaging +3% annually, 2) Strong fractional demand and focus on performance priorities favour Bombardier's Global and Challenger series, and 3) Sustainable growth underpinned by heightened flight activity and rising fleet utilization," added the bank.

Price: 17.90, Change: -0.08, Percent Change: -0.44