11-Jun-2010 11:11 AM
Air Canada receives commitment from GE Japan Corporation for aircraft loan facility
Direct News Source
10-Jun-2010 Air Canada announced today that it has received a commitment from GE Japan Corporation for a senior secured term loan facility in the amount of up to US$170.5 million (the "Facility") to finance a portion of the purchase price for sixteen aircraft currently leased and operated by Air Canada. Completion of the financing is subject to certain customary terms and conditions.
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