Milestones

2023

• Acquisition of Hansen Industries Ltd. - April, 2023
• Acquisition of BVGlazing Systems Ltd. - May, 2023
• PAL Airlines signs Letter of Intent to Provide Regional Service in Eastern Canada on behalf of Air Canada - May, 2023
• Carson Air Awarded the Fixed Wing Medevac Contract for Province of British Columbia - June, 2023
• Close $172 million Bought Deal Offering of Common Shares - June, 2023
• Keewatin Air Awarded Fixed Wing Critical Care Medevac Contract for Province of Manitoba - July, 2023
• Acquisition of DryAir Manufacturing Corp. - October, 2023

2022

• Announced launch of Atik Mason Indigenous Pilot Pathway - April 2022
• Acquisition of Northern Mat & Bridge - May, 2022
• Acquisition of Advanced Paramedics Ltd. - May, 2022
• Completed offering of common shares ($115M) - September, 2022

2021

• Completed $80 Million Bought Deal Offering of Common Shares - April 2021
• Acquisition of Carson Air Ltd. - July 2021
• Completed offering of convertible unsecured debentures ($144M) - July 2021
• Acquisition of Macfab Manufacturing Inc. - August 2021
• Acquisition of Telcon Datvox Inc. - November 2021
• Completed offering of convertible unsecured debentures ($115M) - December, 2021
• Acquisition of Crew Training International, Inc. - December 2021
• Acquisition of Ryko Telecommunications Inc. - December 2021
• Provincial Aersopace contract award announcement - December 2021

2020

• Acquisition of Window Installation Specialists, Inc. (WIS) - August 2020
• Provincial Aerospace contract award announcement - August 2020

2019

• Regional One joint venture announcement with SkyWest, Inc. - February 2019
• Provincial Aerospace contract award announcement - March 2019
• Completed offering of subordinated convertible debentures ($86M) - March 2019
• Launched EIC's Life in Flight program for pilots- May 2019
• Production begins at Quest's new 330,000 sq ft Dallas plant - May 2019
• Increased monthly dividend by 4% to $0.19 - August 2019
• Acquisition of LV Control - October 2019
• Acquisition of Advanced Window Inc. - October 2019
• Completed equity offering of common shares ($80.5M) - October 19

2018

• Partnership announcement with Wasaya Group - February 2018
• Acquisition of CANLink Global Inc. (Moncton Flight College) - February 2018
• Increased monthly dividend by 4% to $0.1825 - March 2018

2017

• Completed equity offering of common shares ($98M) - January 2017
• Regional One re-marketing agreement announcement - February 2017
• Provincial Aerospace partnership announcement creating Air Borealis - June 2017
• Acquisition of Quest Window Systems - November 2017
• Keewatin Air contract award announcement - December 2017
• Completed offering of subordinated convertible debentures ($100M) - December 2017

2016

• Increased monthly dividend by 5% to $0.1675 - May 2016
• Completed offering of subordinated convertible debentures ($69M) - June 2016
• Acquisition of CarteNav Solutions Inc. - August 2016
• Acquisition of Team J.A.S. Inc. - November 2016
• Increased monthly dividend by 4% to $0.175 - November 2016
• Provincial Aerospace new contract announcement - December 2016

2015

• Acquisition of Provincial Aerospace Ltd - January 2015
• Acquisition of Ben Machine Products Ltd - July 2015
• Increased monthly dividend by 10% to $0.16 - August 2015
• Completed equity offering of common shares ($75M) - September 2015
• Provincial Aerospace new contract announcement - December 2015

2014

• Completed offering of subordinated convertible debentures ($40M) - March 2014
• Sale of WesTower Communications Inc (US operations) - October 2014
• Increased monthly dividiend by 4% to $0.145 - November 2014

2013

• Completed offering of subordinated convertible debentures ($65M) - March 2013
• Acquisition of Regional One - April 2013

2012

• Acquisition of Custom Helicopters - February 2012
• Completed equity offering of common shares ($57.5M) - March 2012
• Completed offering of subordinated convertible debentures ($57.5M) - September 2012
• Increased monthly dividiend by 4% to $0.14 - October 2012
• Acquisition of Water Blast North Dakota - December 2012

2011

• Acquisition of Bearskin Airlines - January 2011
• Completed offering of Series I convertible debentures ($35M) - January 2011
• Increased monthly dividiend by 4% to $0.135 - April 2011
• Acquisition of WesTower Communications - April 2011
• Completed offering of Series J convertible debentures ($57.5M) - May 2011
• WesTower Communications US operations signed turfing contract - November 2011

2010

• Completed offering of Series H convertible debentures ($30M) - April 2010
• Keewatin Air was awarded the Baffin Island region medevac contract - December 2010

2009

• Acquisition of Calm Air International Ltd. - April 2009
• Completed offering of Series F convertible debentures ($4.1M) - April 2009
• Acquisition of HMY Airways Inc. - July 2009
• Conversion from a general business income trust to a corporation - July 2009
• Distribution cash payments changed to dividend cash payments with no decrease to cash payment - August 2009
• Completed offering of Series G convertible debentures ($30M) - September 2009

2008

• Acquisition of Stainless Fabrication, Inc. in Springfield, Missouri - January 2008
• Graduated to the Toronto Stock Exchange - March 2008
• Acquisition of Kistigan Airways - August 2008
• Completed offering of Series E debentures ($9.7M) - September 2008
• Increased monthly distributions by 4% to $0.13 - November 2008

2007

• Acquisition of the Water Blast group - March 2007
• Acquisition of Water Blast Manufacturing Grande Prairie - May 2007
• Acquisition of Water Blast Manufacturing BC - September 2007
• Increased monthly distributions by 4% to $0.125 - November 2007

2006

• Completed offering of Series D convertible debentures ($7M) - August 2006
• Increased monthly distributions by 10% to $0.11 - August 2006
• Acquisition of Overlanders Manufacturing Inc. - October 2006
• Increased monthly distributions by 9% to $0.12 - December 2006

2005

• Acquisition of assets of Skyward Aviation Ltd. - April 2005
• Acquisition of Keewatin Air Limited - July 2005
• Completed offering of Series B convertible debentures ($5.3M) - July 2005
• Increased monthly distributions by 11% to $0.10 - August 2005
• Acquisition of Jasper Tank Limited - September 2005
• Completed offering of Series C convertible debentures ($2.5M) - September 2005
• Graduation to Tier 1 Status on the TSX Venture Exchange - October 2005

2004

• Acquisition of Perimeter Aviation Ltd. - May 2004
• Completed offering of Series A convertible debentures ($5M) - May 2004
• Marketing Agreement with Tribal Councils Investment Group of Manitoba - May 2004
• Initial distribution of $0.17 (or $0.085 per month) - June 2004
• Increased distribution by 6% to $0.09 per month - September 2004 (paid quarterly)