Air Canada has cut the value of its offer for leisure operator Transat by 72%, to just $5 per share, as a result of the pandemic.
Air Canada slashes value of its Transat takeover
Transat merger with Air Canada hangs in the balance
Advertisements Airline says industry has been “completely transformed” since merge was announced Transat still hopes to complete its merger with Air Canada by the end of the year Air Transat’s planned merger […]
Transat ties COVID refunds to a government bailout
Executives at Transat, one of the world’s largest tour operators, tied the company’s willingness and ability to refund passengers to government aid for the industry.
Analysis: A pandemic casts a shadow on Transat’s merger with Air Canada
A microscopic virus is raising questions about a business deal that would reshape the future of Canada’s aviation industry.
Transat plans to resume operations July 23
Advertisements One of the world’s largest integrated tour operators has been grounded since April 1 Canada’s Transat, one of the world’s largest tour operators said it plans to resume operations July 23, […]
Europe orders in-depth review of Transat – Air Canada merger
The European Commission wants to take a closer look at the proposed merger between Air Canada and Air Transat.