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FINWIRES

Transat Receiving up to C$150 Million Government Support to Help Reduce Fuel Price Impact

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Transat A.T. (TRZ.TO) on Tuesday said it is receiving federal government support of up to C$150 million, with C$125 million disbursed today.

The Liquidity for Airline Sector Resilience Facility provides Transat with financial support to help mitigate the impact of a jump in aviation fuel prices, a statement said.

The size of the facility is based on the funds needed to offset the impact of higher aviation fuel costs through Oct 31, 2026, when compared with the same period in 2025. The loan has a four-year maturity and will bear interest at 3.91%, annualized.

Transat shares were last seen up C$0.02 to C$2.29 on the Toronto Stock Exchange.

Price: $2.29, Change: $+0.02, Percent Change: +0.88%

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