Transat said discussions continue about Air Canada buying all its shares, though a deadline came and went without a firm commitment.
Westjet slammed the federal government’s approval of the Air Canada-Transat merger, calling it “a serious setback to Canada’s economy.”
Ottawa has approved the merger of Air Canada and Transat, signalling a post-COVID shakeup in the country’s aviation landscape.
Air Canada reported a loss of $4.6 billion in 2020 as the carrier closed the books on its bleakest year ever.
Air Canada has suspended another 17 routes, including the airline’s first-ever passenger route between Vancouver and Seattle due to COVID.
Pre-confederation, we had no rail, we had no bus. Except for limited flights, that’s where we are now
With additional restrictions on international arrivals, Canada’s airlines entered their darkest days of the COVID-19 pandemic.