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.
Cargojet outlined ambitious plans for its fleet, adding seven wide-body freighters and service to Asia to meet a surging e-commerce demand.
Flair airlines is banking on fewer provincial travel restrictions as it plans a major expansion in its summer 2021 schedule.