Air Canada (TSX: AC) has agreed to acquire all of the issued and outstanding shares of Transat AT Inc (TSX: TRZ), a Montréal-based tour operator, for $13 per unit. The all-cash deal, expected to ...

Passenger rights as the cancellations continue - Air Canada says it will ‘exceptionally’ pay for hotels, meals and ...

Many of the companies say there are limits to what they can do for those affected during peak summer travel months ...

Transat AT, the parent company of Canadian holiday specialist Air Transat, says its merger with legacy carrier Air Canada is still on track and now due to close sometime in the fourth quarter of 2020.

Air Canada has entered exclusive negotiations to acquire Transat AT, the parent of Montreal-based leisure carrier Air Transat. Canada’s largest carrier said on 16 May the proposed transaction is ...

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 ...

With these routes, Air Transat would directly compete with Air Canada, which also operates seasonal services to Lima from Montreal and Toronto. Air Canada employed its Boeing 787-9 Dreamliner ...

In December, Transat shareholders approved a sharply discounted C$188.7 million ($149 million) buyout offer from Air Canada, after COVID-19 hit travel demand.

Oct. 10, 2020, 12:00 PM Reduced $5.00 purchase price reflects post-COVID-19 reduction in airline values Air Canada approves $250 million of increased borrowings by Transat pending transaction ...