Air Canada reaches deal for Transat, but shareholder approval up in the air
The board of directors of Transat AT Inc. has approved a $520-million takeover offer by Air Canada, a deal that faces legal and regulatory scrutiny
Air Canada reaches deal for Transat, but shareholder approval up in the air
The board of directors of Transat AT Inc. has approved a $520-million takeover offer by Air Canada, a deal that faces legal and regulatory scrutiny
Quebec firm Group Mach makes rival offer for Transat worth $14 per share
Quebec real estate developer Group Mach Inc. has made a takeover bid for Transat AT Inc. worth $14 per share or $527.6 million in cash,
Update: Air Canada stock hits new high on news of exclusive talks to buy Transat AT
Air Canada’s interest in buying rival Transat AT Inc. for about $520 million got positive feedback from industry watchers and stock traders after the two
Five Canadian business stories to watch this week
Quebecor earnings Quebecor and Quebecor Media will release fourth-quarter earnings and host a conference call on Wednesday. Quebecor’s TVA Group announced in February that is
Air Transat facing higher fuel prices, limited ability to raise fares
Transat AT Inc. expects to have a more difficult summer season than last year as a result of a sudden increase in jet fuel prices
Air Transat and regulator sued over stranded planes in Ottawa
An air passenger rights advocate is suing the Canadian Transportation Agency and Air Transat over decisions related to incidents in Ottawa last summer that left
Air Transat slammed, fined for handling of hours-long Ottawa tarmac delay
Air Transat failed its passengers during a sweltering, hours-long ordeal aboard two of its grounded aircraft this summer, a federal agency ruled Thursday as it
Travel industry waiting to see if storms force change in winter destinations
Airlines scurrying to evacuate customers from Caribbean islands in the destructive path of hurricane Irma say it’s not yet clear if the storm will have
Workers from Ottawa aviation firm First Air detail ‘debacle’ of Air Transat delays
Ground crews working two Air Transat flights that faced high-profile tarmac delays this summer say the pilots didn’t tell them, nor were they aware, of
Passengers in hours-long Air Transat tarmac delays in Ottawa describe harrowing conditions
Passengers who were trapped aboard two Air Transat jets earlier this summer described hours on end of sweltering heat, a lack of water and the
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EVENT ALERT: Mayor's Breakfast with Ontario Finance Minister on Wednesday, Dec. 4 @ City Hall