Confirming the rumours from earlier: Canadian government set to announce multibillion-dollar relief package for Air Canada
- Over 5.8 bn CAD in financing (liquidity access via LEEFF*) available
- Air Canada has entered into a series of debt and equity financing agreements with the Government
The airline will complete its order for 40 Boeing 737 Max aircraft.
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*LEEFF is the government's Large Employer Emergency Financing Facility
