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Porter Airlines gets federal loan up to $270 5 million, including money for refunds

Porter Airlines gets federal loan up to $270.5 million, including money for refunds by The Canadian Press Last Updated Jun 30, 2021 at 7:30 pm EDT TORONTO The parent company of Porter Airlines has reached an agreement with the federal government for loans valued up to $270.5 million, including $20.5 million to refund passengers for flights cancelled during the COVID-19 pandemic. Porter Aviation Holdings Inc. says it will use the money primarily as a capital reserve during the pandemic recovery period. The regional airline based at Toronto’s island airport is the latest carrier to access loans through the government’s Canada Enterprise Emergency Funding Corp.

Porter Airlines gets federal loan up to $270 5 million, including money for refunds | iNFOnews

Porter Airlines gets federal loan up to $270.5 million, including money for refunds A Porter airlines flight makes its final approach as it lands at the airport Tuesday July 2, 2019 in Ottawa.THE CANADIAN PRESS/Adrian Wyld June 30, 2021 - 4:25 PM TORONTO - The parent company of Porter Airlines has reached an agreement with the federal government for loans valued up to $270.5 million, including $20.5 million to refund passengers for flights cancelled during the COVID-19 pandemic. Porter Aviation Holdings Inc. says it will use the money primarily as a capital reserve during the pandemic recovery period. The regional airline based at Toronto s island airport is the latest carrier to access loans through the government s Canada Enterprise Emergency Funding Corp.

Porter gets federal loan up to $270 5 million

Winnipeg Free Press By: The Canadian Press Save to Read Later TORONTO - The parent company of Porter Airlines has reached an agreement with the federal government for loans valued up to $270.5 million, including $20.5 million to refund passengers for flights cancelled during the COVID-19 pandemic. A Porter airlines flight makes its final approach as it lands at the airport Tuesday July 2, 2019 in Ottawa.THE CANADIAN PRESS/Adrian Wyld TORONTO - The parent company of Porter Airlines has reached an agreement with the federal government for loans valued up to $270.5 million, including $20.5 million to refund passengers for flights cancelled during the COVID-19 pandemic.

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