Air Canada secures loan to finance purchase of 16 leased aircraft

Air Canada said yesterday that that it has "received a commitment" from GE Japan Corp. for a senior secured term loan facility of "up to $170.5 million" that will allow it to finance "a portion of the purchase price" for 16 aircraft that it currently leases and operates. The leased aircraft comprise...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.