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Passenger rights as the cancellations continue - Air Canada says it will ‘exceptionally’ pay for hotels, meals and ...
For decades, many flight attendants in North America weren’t paid for ground work. The Air Canada strike marks a shift.
The two Montreal-based carriers stated on 10 October that Air Canada will now acquire all shares of Transat for C$5 ($3.81) per share, payable at the option of Transat shareholders in cash or ...
Transat shares fell 8 per cent, to $4.82, in Tuesday morning trading on the Toronto Stock Exchange. Air Canada stock rose 2 per cent, to $22.82.
Air Canada’s acquisition of Transat has hit a patch of uncertainty after the European Commission (EC) pushed back approving the tie-up. Transat, which owns Canada’s third-largest airline Air ...
Air Canada will pay a “termination” fee of $12.5 million to Transat, with no further obligations from either side.
Air Canada says it will go ahead with its plan to buy smaller rival Air Transat, but it will pay more than 70 per cent less than it first agreed to after COVID-19 walloped demand for air travel ...
Air Canada will use its leisure airline, Air Canada rouge to add flights to Budapest, Glasgow and Warsaw and resume a link to Prague last served in the 1970s, while Air Transat will offer new ...
Air Canada is in exclusive negotiations to buy the company that owns Air Transat, the two companies say. The proposed deal would value Transat at $13 per share, a 22 per cent premium from the $10. ...
Air Canada announced the purchase on Thursday. A press release said that it will buy all all issued and outstanding shares of Transat AT, which owns Air Transat, for $13 per share.
Air Canada said it’s in exclusive talks to buy one of the country’s largest travel tour operators, Transat A.T., for about C$520 million ($387 million) amid a wave of consolidation in the ...