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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. ....

Michael Deluce , Porter Airlines , Porter Aviation Holdings Inc , Canada Enterprise Emergency Funding Corp , Aviation Holdings , Canada Enterprise Emergency Funding , Canadian Press , மைக்கேல் டெலூஸ் , போர்டர் விமான நிறுவனங்கள் , கனடா நிறுவன அவசரம் நிதி கார்ப் , விமான போக்குவரத்து ஹோல்டிங்ஸ் , கனடா நிறுவன அவசரம் நிதி , கனடியன் ப்ரெஸ் ,

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. ....

Michael Deluce , Adrian Wyld , Porter Airlines , Porter Aviation Holdings Inc , Canada Enterprise Emergency Funding Corp , Tuesday July , Aviation Holdings , Canada Enterprise Emergency Funding , Canadian Press , மைக்கேல் டெலூஸ் , போர்டர் விமான நிறுவனங்கள் , கனடா நிறுவன அவசரம் நிதி கார்ப் , செவ்வாய் ஜூலை , விமான போக்குவரத்து ஹோல்டிங்ஸ் , கனடா நிறுவன அவசரம் நிதி , கனடியன் ப்ரெஸ் ,

Porter gets federal loan up to $270.5 million


Winnipeg Free Press
By: The Canadian Press
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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. ....

Michael Deluce , Adrian Wyld , Porter Airlines , Porter Aviation Holdings Inc , Canada Enterprise Emergency Funding Corp , Tuesday July , Aviation Holdings , Canada Enterprise Emergency Funding , Canadian Press , மைக்கேல் டெலூஸ் , போர்டர் விமான நிறுவனங்கள் , கனடா நிறுவன அவசரம் நிதி கார்ப் , செவ்வாய் ஜூலை , விமான போக்குவரத்து ஹோல்டிங்ஸ் , கனடா நிறுவன அவசரம் நிதி , கனடியன் ப்ரெஸ் ,