Air Canada

Air Canada Increases Bid for Transat with Support from Largest Shareholder

Air Canada Increases Bid for Transat with Support from Largest Shareholder

Air Canada announced it will raise its takeover offer for Transat A.T. following pressure from large Transat investors who demanded more for their stakes in the Canadian leisure airline and tour operator.
The company said that its new offer of $18 a share or $720 million – an increase from the original $13 a share offer – had the support of Transat’s largest shareholder, Letko Brosseau and Associates, which controls close …

Air Canada Introduces ‘On-Board Goodies’ and ‘Fun’ Meals for Kids

Air Canada Introduces ‘On-Board Goodies’ and ‘Fun’ Meals for Kids

Air Canada announced new programs for children traveling on the airline.
The airline already offers dedicated check-in counters at major hubs, complimentary family seating, gifts for travelers under 11, and early boarding. The airline also offers priority booking in the event of schedule changes.
The carrier is adding a dedicated check-in counter at Calgary International Airport and is introducing new “on-board travel goodies” and “fun” meal options for children flying on Air …

Air Canada to Restart Flights to India in Early October

Air Canada to Restart Flights to India in Early October

Air Canada said Tuesday it will resume flights to India following the reopening of Pakistan’s airspace to foreign countries.
The Canadian flag carrier said it plans to restart flights from Toronto Pearson International Airport to Indira Gandhi International Airport on October 1, and return flights on October 3.
Pakistan’s Civil Aviation Authority closed the country’s airspace to all commercial flights in February. The move followed the shooting down of two Indian jets.
Air …

United, Air Canada to Resume Flights to India Following Reopening of Pakistan Airspace

United, Air Canada to Resume Flights to India Following Reopening of Pakistan Airspace

United Airlines and Air Canada will resume flights to India following the reopening of Pakistan’s airspace to foreign countries, the two announced separately.
Pakistan closed its airspace in February 2019.
United’s flights linking Newark to both Mumbai and Delhi will start on September 6, 2019 and its seasonal service between Delhi and San Francisco will resume on schedule on December 5. Air Canada’s Toronto-Delhi service will commence operations on October 1.
Air Canada will …

At Least 37 Injured on Air Canada Flight En Route to Australia

At Least 37 Injured on Air Canada Flight En Route to Australia

An Air Canada flight bound for Sidney, Australia, encountered severe turbulence, resulting in at least 37 injuries.
Air Canada Flight 33 departed Vancouver International Airport at 12:33 a.m.   The Boeing 777, which was 600 miles (965 kilometers) past Honolulu when the turbulence struck, diverted to Daniel K. Inouye Airport approximately six hoursinto the flight.
“We just hit turbulence pretty quick,” one passenger told local station KHN, adding that “lots of people hit …

Air Canada to Acquire Transat in Deal Valued at $387 Million

Air Canada to Acquire Transat in Deal Valued at $387 Million

Air Canada said Thursday it had reached a definitive agreement to acquire tour operator Transat AT, owner of Canadian leisure airline Air Transat, for 520 million Canadian dollars ($387 million).
The announcement follows the expiration of a 30-day period of exclusive negotiations.
The Canadian flag carrier said the deal will result in a “global leader in leisure, tourism and travel distribution.”
The prospect of a deal was announced on May 16, 2019. On …

Air Canada to Acquire Leisure Carrier Air Transat Parent

Air Canada to Acquire Leisure Carrier Air Transat Parent

Air Canada announced Thursday it plans to acquire tour operator Transat AT, owner of Canadian leisure airline Air Transat, for 520 million Canadian dollars ($387 million).
“A combination with Transat represents a great opportunity for stakeholders of both companies,” said Air Canada CEO Calin Rovinescu. “The acquisition presents a unique opportunity to compete with the very best in the world when it comes to leisure travel.”
The move will also allow Air …