A breath of life extended to Aveos

The air maintenance firm that suspended its operations secured bankruptcy protection and a multi-million dollar emergency loan.

Aveos left over two thousand employees across Canada locked out yesterday including some eighteen hundred at its Montreal plant.  The company blames its financial woes on its main client Air Canada for subcontracting much of its maintenance work overseas.

According to the CBC a Quebec Superior Court judge granted Aveos bankruptcy protection while Air Canada put forth a fifteen million dollar emergency loan.  No word yet on how many  Aveos employees may be able to return to work.

Air Canada says the latest won't cause flight disruptions.