The proposed merger between Air Canada and Air Transat poses a serious threat to competition between Canada and Europe.
News analysis: Proposed deals involving Westjet, Air Canada, and Air Transat suggest the Canadian aviation market has matured, and domestic growth has gone lethargic.
Air Canada ended weeks of speculation, Thursday, offering to buy leisure airline and travel company Transat for more than $500 million.
Air Canada reported an “excellent” first quarter, Monday, despite terrible weather and the Boeing 737 Max grounding.
A report suggests the Boeing 737 Max could be cleared to accept passengers as early as August.