Air Canada has priced its previously announced private offerings of senior secured first lien notes to be denominated in Canadian dollars and senior secured second lien notes to be denominated in U.S. dollars, as well as an additional private offering of senior secured first lien notes to be denominated in U.S. dollars. Air Canada has entered into purchase agreements with a syndicate of initial purchasers relating to (i) U.S. $400m of 6.75% senior secured first lien notes due 2019 and C$300m of 7.625% senior secured first lien notes due 2019 (the “New Senior Secured Notes”) and (ii) U.S. $300m of 8.75% senior secured second lien notes due 2020 (the “New Senior Secured Second Lien Notes” and, together with the New Senior Secured Notes, the “New Senior Notes”). The New Senior Notes will be sold at par and will provide for interest payable semi-annually. Additionally, Air Canada has received commitments from lenders to provide U.S.$300m under a new senior secured (first lien) term loan maturing in 2019 and U.S.$100m under a new revolving credit facility.
AviTrader sponsorship ad
Air Canada announces pricing of $1.4bn refinancing transaction
Share this Article
Tuesday July 7, 2026
FTAI Aviation and Aeronautical Engineers, Inc. (AEI) have formed a partnership to offer a lower-cost Boeing 737-800 freighter solution for airlines worldwide by combining engine maintenance and passenger-to-freighter conversion services. The collaboration brin... Read More »
Tuesday July 7, 2026
Embraer has secured Type Certification from India’s Directorate General of Civil Aviation (DGCA) for several aircraft in its E-jets family, including the E190, E195 and E195-E2, paving the way for broader operations in the country. The certification supports... Read More »
Tuesday July 7, 2026
Deucalion has acquired an Airbus A320-200 on lease to Vueling Airlines, the Spanish low-cost carrier and a member of International Airlines Group (IAG). The lessor acted as arranger on behalf of an institutional investor and will continue to serve as lease ser... Read More »
Tuesday July 7, 2026
Avia Solutions Group has appointed Zilvinas Lapinskas as Chief Executive Officer, effective July 7, to lead the next phase of the company’s global expansion. Lapinskas brings extensive international aviation experience and a strong track record of scalin... Read More »
Tuesday July 7, 2026
Saudia Cargo has announced the addition of four Boeing 777-200 freighters as part of its strategy to double its dedicated cargo fleet and strengthen its operational capabilities in line with Saudi Vision 2030 and the National Transport and Logistics Strategy. ... Read More »
Monday July 6, 2026
Dubai Aerospace Enterprise (DAE) and Neuberger Specialty Finance have agreed to establish Mustang Aerospace, a new aircraft leasing co-investment platform targeting around US$6 billion in aircraft investments over the medium term. The venture will enable DAE a... Read More »
Monday July 6, 2026
Aviation is preparing to handle twice as many passengers within a generation without doubling the number of airports, aircraft or border staff, according to SITA’s Impact Report 2025, which highlights technology as the key enabler of future growth. With ... Read More »
Monday July 6, 2026
Pratt & Whitney‘s F119 engine has surpassed one million flight hours powering the US Air Force’s Lockheed Martin F-22 Raptor, marking a major milestone for the first operational fifth-generation fighter engine. In service for more than 20 years... Read More »
Monday July 6, 2026
SIA Engineering Company (SIAEC) and Air India have signed a non-binding memorandum of understanding (MoU) to explore opportunities to expand their maintenance, repair and overhaul (MRO) partnership and support India’s ambition to become a global aviation... Read More »
Monday July 6, 2026
Edgewing has secured a £4.6 billion contract to deliver the next phase of the Global Combat Air Programme (GCAP), the trilateral initiative between Italy, Japan and the UK to develop a next-generation fighter aircraft. Awarded by the GCAP Agency, which manage... Read More »
Monday July 6, 2026
Daher Aircraft has opened a new spare parts, maintenance, equipment overhaul and logistics centre in western France, significantly expanding its support capabilities for a wide range of aircraft, from helicopters and training aircraft to legacy general aviatio... Read More »
Friday July 3, 2026
Honeywell Aerospace has secured a three-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract from the U.S. Army, to repair and overhaul its T55-GA-714A turboshaft engines, which power CH-47 Chinook helicopters operated by the US Army and military cust... Read More »
Friday July 3, 2026
Ramco Systems has appointed Sandesh Bilagi as Chief Executive Officer, succeeding from his previous role as President and Chief Operating Oficer. He takes charge after leading the company’s operational turnaround, which delivered six consecutive quarters... Read More »
Friday July 3, 2026
Aviation Technology has launched Aviation Technology Interiors following the acquisition of a turnkey aircraft interiors facility at Anderson Municipal Airport in Indiana. The move marks one of the company’s biggest expansions to date and its flagship gr... Read More »
Friday July 3, 2026
Vietjet Qazaqstan has successfully gone live with Swiss-AS‘s AMOS Airline Edition, completing the implementation in April 2026 and now fully utilising the maintenance software following a stable post-implementation phase. The carrier, which operates five... Read More »
Friday July 3, 2026
Embraer delivered 65 aircraft in 2Q26, marking its strongest second-quarter delivery performance in 16 years. Deliveries increased by 48% quarter on quarter (qoq) and 7% year on year (yoy). In 1H26, the company delivered 109 aircraft, around 20% more than the ... Read More »
Thursday July 2, 2026
CDB Aviation, the Irish leasing subsidiary of China Development Bank Financial Leasing (CDB Leasing), has completed a sale-and-lease-back transaction with Lufthansa covering two Boeing 787-9 aircraft. The aircraft, delivered to Lufthansa in late 2025 and early... Read More »
Thursday July 2, 2026
Embraer has completed the acquisition of the remaining 50% stake in EZ Air Interior, its joint venture with Safran Cabin, as well as selected cabin interior assets in Brazil. The transaction gives Embraer full ownership of the Mexico-based operation, which has... Read More »
Thursday July 2, 2026
Nigerian carrier Air Peace has taken delivery of its first brand-new Embraer E175 jet. The delivery further strengthens the partnership between Embraer and Air Peace alongside the airline’s existing E195-E2 and ERJ145 fleets. The E175 will support the ca... Read More »
Thursday July 2, 2026
AJW Group, an independent provider of aircraft component support and MRO services, has appointed Louis Philippe Mallette as Chief Executive Officer (CEO) of AJW Technique. Based at the Group’s Montreal MRO facility, Mallette will lead the strategic and o... Read More »
Aviation News Categories
2026 MEDIA KIT
Tamar Jorssen
tamar.jorssen@avitrader.com
Phone: +1 (778) 213 8543
Malte Tamm
malte.tamm@avitrader.com
Phone: +49 (0)162 8263049