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Air Canada prepays EDC loans

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Air Canada prepays EDC loans

Air Canada has prepaid loans of approximately $650 million from Export Development Corporation (EDC) used by the company to help fund its acquisition of 19 Airbus A220-300 aircraft. The prepayment, which is also subject to accrued interest, was made on June 21, 2023. "One of Air Canada's major finan...

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