The Transat purchase by Air Canada cleared a major hurdle Friday when it was overwhelmingly approved by Transat shareholders.
Shareholders of Transat will meet Friday morning in Montreal to vote on a proposed $720 million sale to Air Canada.
Air Canada announced deployment plans for the A220-300 aircraft Wednesday, to be used on routes from Toronto and Montreal.
Air Canada boosted its offer for all of Transat’s shares Sunday, to $720 million, winning the support of Transat’s largest shareholder in the process.
Groupe Mach has proposed an $88 million plan to stop a planned takeover of Transat by Air Canada.
Air Canada revealed Tuesday it could take up to a year to return their full Max fleet to service once the type is approved for service.
In a letter to shareholders, Transat has revealed new details of who spoke to whom in talks that led to a blockbuster takeover by Air Canada. Transat shareholders will be asked to […]
Air Canada is extending Rouge operation through the winter on several routes between Toronto and Atlantic Canada, extending the discount operation’s presence in domestic markets.