More passengers that had flights with Porter cancelled because of the pandemic will be receiving refunds.
Parent company of Porter Airlines, Porter Aviation Holdings Inc. has reached an agreement with the federal government for loans up to $270 million. $20.5 million of this is dedicated to issuing these refunds.
The loans were available through the government’s Canada Enterprise Emergency Funding Corporation, which is under the Large Employee Financing Facility.
Michael Deluce is the president and CEO of Porter, and explains the funding they are receiving.
“Porter is using this money primarily as a capital reserve during the pandemic recovery period,” says Deluce, “We intend to draw on these funds as required in support of re-establishing operations through an uncertain period of travel demand. Our immediate focus is on being ready to fly again as soon as public health conditions allow and governments modify travel restrictions.”
If you booked a flight by June 30, 2021, for travel as of February 1, 2020, you are eligible for a refund. If you are interested, you must make a submission online by August 29, 2021. If you made your booking through a travel agency, you must go through the agency to receive the refund.
Passengers still have the option of keeping their existing travel credits and receiving a 25 per cent credit bonus, depending on their method of booking.
Porter has already had to issue thousands of refunds for flights cancelled because of COVID-19.