Michel Rochefort

MONTRÉAL, April 29, 2021 Transat A.T. Inc. announced today that it has reached an agreement with the Government of Canada to borrow up to $700 million in additional liquidity through the Large Employer Emergency Financing Facility (LEEFF). An amount of $390 million, representing the liquidity needed…

MONTREAL, April 12, 2021 Air Canada announced today that it has entered into a series of debt and equity financing agreements with the Government of Canada, which will allow Air Canada to access up to $5.879 billion in liquidity through the Large Employer Emergency Financing…

MONTREAL, April 2, 2021  Air Canada and Transat A.T. Inc. (“Transat”) announced today that they have mutually agreed to terminate the Arrangement Agreement for the proposed acquisition of Transat by Air Canada. Air Canada and Transat had originally agreed in June 2019 on the acquisition,…

OTTAWA, ON, Jan. 29, 2021  Today, the Government of Canada announced new rules on international travel, in addition to the multi-layered approach on COVID-19 already in place. The government and Canada’s airlines have agreed to suspend all flights to and from Mexico and Caribbean countries until April 30, 2021. This…

The Minister of Transport, the Honourable Marc Garneau, is requiring that, effective January 7, 2021, at 12:01 a.m. EST, all air passengers five years of age or older will be required to test negative for COVID-19 before travelling from another country to Canada. This implementation date…

Aeroplan is on fire this summer! They are lots of promotions going on and here’s the latest interesting one. When you book by August 4, 2020 by redeeming miles for flights if you travel from now thru September 30, 2020…