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Air Canada repays $589M in debt used to buy Airbus and Boeing aircraft

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MONTREAL — Air Canada says it has repaid about $589 million in debt that it used to buy aircraft. The company says it repaid a $462-million loan from Canada's Export Development Corp. that it used to pay for the purchase of 14 Airbus A220-300 aircraft. The airline also repaid $127 million in a partial repayment of financings supported by the Export-Import Bank of the United States that was used to buy four Boeing 787-8 aircraft. Air Canada says one of its top priorities following the pandemic ha

Nyt 70% alennus parhaista miesten kengistä koko päivän...The Fed's interest-rate hikes will have severe, delayed impacts on households, businesses, and the wider US economy, Stephanie Pomboy says.Federal Finance Minister Chrystia Freeland issued a rare public response to the Bank of Canada's interest rate decision on Wednesday.

"The Bank of Canada's decision to maintain its overnight interest rate is welcome relief for Canadians," said Freeland in a media statement. She also made a point of reasserting the central bank's independence."As finance minister, I fully respect the independence of the Bank of Canada as it delivers on its mandate to return inflation to target," she said.

 

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Air Canada repays $589M in debt used to buy Airbus and Boeing aircraftMONTREAL — Air Canada says it has repaid about $589 million in debt that it used to buy aircraft. The company says it repaid a $462-million loan from Canada's Export Development Corp.
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