Transat Hunts For Financing After Air Canada Merger Dissolves

aircraft
Credit: Rob Finlayson
Now that its merger with Air Canada has been terminated, Transat is examining various options to secure C$500 million ($398 million) in working capital necessary to support its operations in 2021. Air Canada’s proposed acquisition of Transat became increasingly uncertain after the European...
Lori Ranson

Lori covers North American and Latin airlines for Aviation Week and is also a Senior Analyst for CAPA - Centre for Aviation.

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