(Reuters) – Enterprise jet maker Bombardier (OTC:) Inc on Thursday reported a smaller quarterly adjusted loss, benefiting from greater jet demand as extra rich vacationers flew non-public as a result of pandemic.

Company jet makers are reporting swelling orders, with extra prosperous passengers taking constitution planes for security causes in addition to fewer choices with airways reducing routes because of employees scarcity and better gasoline prices.

Bombardier’s first-quarter free money circulation from persevering with operations, a metric intently watched by buyers, was $173 million, in contrast with an outflow of $405 million a yr earlier.

The corporate reported an adjusted lack of 3 cents per share, in contrast with a lack of 7 cents per share, a yr earlier.