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 along with resistance from Transat shareholders
Air Canada's interest in buying rival Transat AT Inc.
Onex Corp. has signed a friendly deal to buy WestJet Airlines Ltd. in a transaction it valued at $5 billion, including assumed debt.
WestJet Airlines Ltd. has announced cancellations and schedule changes on some of its routes as the airline deals with the continued grounding of Boeing 737 Max aircraft.
Air Canada saw its third-quarter profit drop compared with a year ago amid rising fuel prices as operating revenue climbed 11 per cent.
WestJet Airlines Ltd. reported a third-quarter profit of $45.9 million, down from a profit of $135.9 million in the same quarter last year amid rising fuel prices.
WestJet Airlines is cancelling service between Montreal and Quebec City and cutting back on flights across its network as it reduces capacity to meet consumer demand while also trying to
Airline passengers should expect to face higher fares later this year to compensate for rising fuel costs that contributed to WestJet Airlines posting its first quarterly loss in 13 years