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Source verified September 6, 2026
Liquidity for Airline Sector Resilience Facility (LASR)
Liquidity support for Canadian passenger airlines
Funding available
$ 150,000,000
Deadline
Open continuously
Location
Canada
Who can apply
Commercial entities incorporated under federal, provincial, or territorial laws in Canada.
See full eligibility
Overview
The Liquidity for Airline Sector Resilience (LASR) Facility provides up to $150 million in financing to eligible Canadian passenger airlines facing temporary liquidity pressures from aviation fuel price volatility. It is tied to increased fuel costs from May 1st to November 1st, 2026, with advances in monthly tranches until November 15, 2026.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Ensure financial sustainability
Eligible Funding
- Maximum amount : 150,000,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2026
Periods: 1
Official resources
Eligibility
Who is eligible?
- Commercial entities incorporated under federal, provincial, or territorial laws in Canada.
- Commercial operators of aircraft providing passenger air transportation services.
- Applicants that reported at least 70 million available seat kilometers (ASK) to Transport Canada as of December 31, 2025.
Who is not eligible
- Applicants that have filed for protection under the Companies’ Creditors Arrangement Act (CCAA) or other bankruptcy or insolvency legislation.
- Applicants subject to ongoing insolvency proceedings.
Eligible geographic areas
- Canada
How to apply
- Submit an enquiry via CEEFC’s email: info@ceefc-cfuec.ca.
Processing and Agreement
- A CEEFC representative will send applicants a non-disclosure agreement and instructions.
- The application instructions will request information relating to the applicant, its current financial condition, fuel consumption, and projected cash flow requirements.
- Certain conditions must be satisfied before the initial advance of funds, including customary corporate approvals, anti-money laundering documentation, legal opinions, accuracy of representations and warranties, executive compensation waivers, and, where applicable, a business plan demonstrating a path to financial stability.
- Borrowers will be required to provide audited annual financial statements, unaudited quarterly financial statements, executive compensation reporting, and other information reasonably requested by CEEFC.
Additional information
- The facility is administered by Canada Enterprise Emergency Funding Corporation (CEEFC), a subsidiary of Canada Development Investment Corporation (CDEV).
- It is designed to help eligible Canadian passenger airlines address temporary liquidity pressures caused by elevated operating costs, particularly aviation fuel price volatility.
Contacts
Frequently Asked Questions about the Liquidity for Airline Sector Resilience Facility (LASR) Program
What is the Liquidity for Airline Sector Resilience Facility (LASR)?
The Liquidity for Airline Sector Resilience (LASR) Facility provides up to $150 million in financing to eligible Canadian passenger airlines facing temporary liquidity pressures from aviation fuel price volatility. It is tied to increased fuel costs from May 1st to November 1st, 2026, with advances in monthly tranches until November 15, 2026.
How much funding can be received?
Liquidity for Airline Sector Resilience Facility (LASR) Funds up to $150,000,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Liquidity for Airline Sector Resilience Facility (LASR) program?
To be eligible for the Liquidity for Airline Sector Resilience Facility (LASR) program, you must:
Reported at least 70 million available seat kilometers (ASK) to Transport Canada as of December 31, 2025.
Be a commercial entity incorporated under federal, provincial, or territorial laws in Canada.
Be engaged in the commercial operation of aircraft providing passenger air transportation services.
Who can I contact for more information about the Liquidity for Airline Sector Resilience Facility (LASR)?
You can contact Canada Enterprise Emergency Funding Corporation (CEEFC) by email at info@ceefc-cfuec.ca.
Where is the Liquidity for Airline Sector Resilience Facility (LASR) available?
The Liquidity for Airline Sector Resilience Facility (LASR) program is available across Canada.
Is the Liquidity for Airline Sector Resilience Facility (LASR) a grant, loan, or tax credit?
Liquidity for Airline Sector Resilience Facility (LASR) is a Loans and Capital investments