
Transat said discussions continue about Air Canada buying all its shares, though a deadline came and went without a firm commitment.
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.
A special committee of Transat’s board which is reviewing the company’s future, including its proposed merger with Air Canada, has advised shareholders to reject Groupe Mach’s offer to buy 19.5% of Transat shares.