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Tag

Air Canada

2 articles

U.S. Equities6d ago

Air Canada Launches $800M Share Buyback Funded by Aeroplan Sale

The modified Dutch auction runs Aug. 20 to Sept. 24, offering $29–$33 per share for up to 9.8 percent of shares outstanding, financed by Blackstone and La Caisse proceeds received in full today.

Research & Analysis12d ago

Blackstone Nears Deal for 25 Percent Stake in Air Canada's Aeroplan at C$2.5 Billion Valuation

Blackstone and Canadian pension funds are reportedly close to acquiring a combined 25 percent stake in Aeroplan, giving Air Canada capital to fund fleet upgrades and cabin renovations.