FlyerTalk Forums - View Single Post - AC rules out 'colossal failure' of government stake for aid; bailout debate thread

Nov 18, 2020, 10:19 pm

#7

Sopwith

Join Date: Feb 2007

Location: YVR

Programs: Erstwhile Accidental AC E35K

Posts: 2,916

Quote:

Originally Posted by tcook052

Since the start of the COVID-19 pandemic in the first quarter of 2020, Air Canada has raised $5.5 billion of liquidity.

Yes, exactly my point: secured and decent rates. Looks to me like they don’t need a government bailout but they’ll take it if they can bamboozle them into better terms than they can get from the market. Good strategy if you can pull it off.

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