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.
Westjet reported a load factor of 87% in March, its highest ever.
New data show Vancouver-Calgary was the busiest route in Canada in 2018 and the 10th busiest domestic route in North America, while Toronto-LaGuardia is the busiest transborder route.