PAL Airlines, a Subsidiary of Exchange Income Corporation, Signs Letter of Intent to Provide Regional Service in Eastern Canada on Behalf of Air Canada

Author's Avatar
May 30, 2023

PAL Airlines Ltd. (“PAL Airlines”), a subsidiary of Exchange Income Corporation (TSX: EIF) (“EIC” or the “Corporation”), has completed a Letter of Intent (LOI) with Air Canada as a preliminary step towards the finalization of a commercial agreement between the two airlines for the provision of regional air services in eastern Canada (the “agreement”).