Transat AT Reaches $700 Million Aid Deal With Federal Government

Air Transat self service check-in kiosks are seen at Montreal-Trudeau International Airport in Montreal, on Friday, July 31, 2020. The Canadian Press/Paul Chiasson

MONTREAL—Travel company Transat AT Inc. says it has reached a deal with Ottawa to borrow up to $700 million.

The money will come through the federal government’s Large Employer Emergency Financing Facility, the same program used to help Air Canada.