tiprankstipranks
Air Transat Boosts Liquidity with Engine Leaseback
Company Announcements

Air Transat Boosts Liquidity with Engine Leaseback

Story Highlights

Transat AT V & VV (TSE:TRZ) has released an update.

Pick the best stocks and maximize your portfolio:

Air Transat, a subsidiary of Transat A.T. Inc., has secured US$85 million through sale and leaseback transactions of four engines to boost liquidity for its operations. This strategic move allows the airline to maintain access to the engines for its A321LR fleet while ensuring financial flexibility.

For further insights into TSE:TRZ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskTransat AT Sees Revenue Growth and Profit Boost
Ryan AdistTRZ Earnings this Week: How Will it Perform?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App