The merger between Air Canada and Transat collapsed Friday. What’s next for one of Canada’s leading leisure carriers?
Flair is set to become the first ultra low-cost Canadian carrier to serve Montreal with an expansion set to begin in July.
Transat executives are planning a mid-June restart and are staking out their future plans, with or without Air Canada.
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.