TagsAirCanada

Air Canada Announces Longer-Term Refinancings to Replace Short-Term Facilities

Air Canada yesterday announced that it recently completed two longer-term refinancing transactions for a total amount of approximately $1.52 billion, replacing short-term facilities. The first transaction consists of a committed Secured Facility totalling $787.7 million to finance Air Canada’s purchase of the first 18 Airbus A220 aircraft with a term of 12 years from delivery […]

Air Canada’s first A220-300 takes to the skies

The first A220-300 for Air Canada has successfully completed its inaugural test flight from the Mirabel A220 final assembly line in Canada. The first of 45 aircraft for Air Canada is scheduled to be delivered to the Montreal-based airline in the coming weeks. With its first A220 commercial flight in early 2020, Canada’s flag carrier […]