Air Canada considers country’s first jet-backed bond

Discussion in 'Air Canada | Aeroplan' started by tcook052, Apr 23, 2013.  |  Print Topic

  1. tcook052
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    tcook052 Silver Member

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    http://www.montrealgazette.com/busi...+country+first+backed+bond/8281829/story.html

    MONTREAL — Air Canada is considering the country’s first securitization of planes after it gained access this month to a financing technique that has been used by U.S. rivals for two decades.

    Canada’s largest carrier is exploring a securitization, spokeswoman Isabelle Arthur said yesterday after the company reported preliminary first-quarter results almost two weeks ahead of schedule. The Montreal-based carrier is looking to finance four Boeing Co. 777 aircraft that will be shipped this year and another one scheduled for delivery in 2014.
     
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  2. milchap
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    milchap Gold Member

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