Air Canada Completes Its $1.4 Billion Refinancing Transaction

Air Canada announced today that it has completed its previously announced private offerings of senior secured notes, consisting of (i) U.S.$400 million principal amount of 6.750% senior secured first lien notes due 2019 and C$300 million principal amount of 7.625% senior secured first lien notes due 2019 (the „New Senior First Lien Notes”) and (ii) … Dowiedz się więcej

Air Canada Signs Maintenance Agreement with Premier Aviation

Premier Aviation and Air Canada today announced the signing of a five-year agreement for the provision of airframe maintenance in support of Air Canada’s fleet of 60 Embraer E-190 and E-175 aircraft. With the addition of a second line of maintenance at Premier Aviation’s Trois-Rivières, Quebec facility now in place, the work performed for Air … Dowiedz się więcej

Air Canada to Undertake Request for Proposals for Certain U.S. Regional Transborder Routes

Air Canada today announced that it will undertake a Request for Proposal (RFP) process to select a new regional airline to operate certain existing U.S. regional transborder routes, starting in mid-2014. Select Canadian and U.S. regional carriers will be invited to participate in the RFP process and submit their respective pricing and other terms and … Dowiedz się więcej

Air Canada Announces Early Tender and Consent Solicitation Results

Air Canada today announced that holders of US$557.6 million principal amount of its 9.250% Senior Secured Notes due 2015 (the „USD Senior Secured Notes”), C$285.2 million principal amount of its 10.125% Senior Secured Notes due 2015 (the „CAD Senior Secured Notes,” and together with the USD Senior Secured Notes, the „Senior Secured Notes”), and US$190.8 … Dowiedz się więcej

Air Canada Announces Executive Realignment

Air Canada today announced the appointment of Kevin Howlett, currently Senior Vice President, Employee Relations, to the new position of Senior Vice President, Regional Markets with overall responsibility for the strategic direction of Air Canada’s regional operations and the relationship with current and future regional carriers operating on its behalf. „I am pleased to announce Kevin’s … Dowiedz się więcej

Air Canada Named Canada’s Preferred Airline by Frequent Business Travellers in Ipsos Reid Survey

Air Canada has been named Canada’sfavourite airline for business travel in the Ipsos Reid Business Traveller Survey. AirCanada was preferred by 81 per cent of Canadian frequent business travellers surveyed for 2013, an improvement of 12 percentage points in Air Canada’s ratings in the national survey over the past five years. „Air Canada is proud to be named Canada’s preferred airline … Dowiedz się więcej