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Nepal Airlines selling off its Chinese planes at 'junkyard price' theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.
Nepal Airlines selling off planes at ‘junkyard price’ Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region. ....
Transat rises as Canada grants $700M in crisis loans Sandrine Rastello, Bloomberg News VIDEO SIGN OUT Transat AT Inc., the Montreal-based vacation operator that Air Canada gave up trying to buy earlier this month, obtained $700 million in emergency aid from the Canadian government to stay afloat during the pandemic. The company took loan facilities of $390 million for operations and another $310 million to finance customer refunds for flights canceled during the pandemic. Transat will also issue 13 million warrants to the government to buy shares at $4.50 each. Transat shares jumped on the news, rising as much as 13 per cent in Toronto, before paring some of the gains. They were up 4.4 per cent to $4.73 as of 12:59 p.m. ....
Transat Rises as Canada Grants $570 Million in Crisis Loans Bloomberg 4/29/2021 Sandrine Rastello (Bloomberg) Transat AT Inc., the Montreal-based vacation operator that Air Canada gave up trying to buy earlier this month, obtained C$700 million ($570 million) in emergency aid from the Canadian government to stay afloat during the pandemic. The company took loan facilities of C$390 million for operations and another C$310 million to finance customer refunds for flights canceled during the pandemic. Transat will also issue 13 million warrants to the government to buy shares at C$4.50 each. Transat shares jumped on the news, rising as much as 13% in Toronto, before paring some of the gains. They were up 4.4% to C$4.73 as of 12:59 p.m. ....