Sunwing resumes service to sun destinations wingsmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wingsmagazine.com Daily Mail and Mail on Sunday newspapers.
Representatives from Canada’s airlines, airports and tourism sector have called on the government to quickly develop a national strategy to reopen the country to travel.
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Transat A.T. Inc. has struck a deal to borrow up to $700 million from the federal government and said it would immediately start refunding customers whose travel plans were upended by COVID-19.
The fully repayable credit facilities are being made available by the Canada Enterprise Emergency Funding Corporation under the Large Employer Emergency Financing Facility, Transat said Thursday in a statement. Transat said it only plans to use the funds on an as-needed basis. If all of the available facilities are used, the average interest rate will be about six per cent.
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Transat A.T. Inc. has struck a deal to borrow up to $700 million from the federal government and said it would immediately start refunding customers whose travel plans were upended by COVID-19.
The fully repayable credit facilities are being made available by the Canada Enterprise Emergency Funding Corporation under the Large Employer Emergency Financing Facility, Transat said Thursday in a statement. Transat said it only plans to use the funds on an as-needed basis. If all of the available facilities are used, the average interest rate will be about six per cent.
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Thunder Bay Airport no longer designated international tbnewswatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tbnewswatch.com Daily Mail and Mail on Sunday newspapers.