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Air Canada to Buy Air Transat in Deal Valued at $520M
The board of directors of Transat AT Inc. has approved a takeover offer by Air Canada valued at $520 million. The companies announced Air Canada will pay $13 per share for the travel company (www.ctvnews.ca) Más...Sort type: [Top] [Newest]
Over the years air canada got too big now it will be the general public who will pay the price for this
I completely agree with Kevin. This will create a monopoly and give Canadians fewer choices and increased prices.
Agreed
There go the vacation deals !
There is Sunwing if you want deals.
I hear the sun on wings is a very HOT airline lol.
I hope that this deal is blocked by the competition bureau. There is not enough competition in air travel in Canada as it is so there is no way Air Canada should be allowed to buy Air Transat. If they are going to allow a deal like this they need to change the rules so that foreign companies can own Canadian airlines. Air Canada cannot be allowed to gobble up competition while enjoying protection from foreign competition .