Air Canada has concluded a cut price deal to acquire Air Transat. The flag-carrier will now acquire all shares in the smaller airline for C$5 each, payable to shareholders in cash or shares of Air Canada at a fixed exchange ratio of 0.2862 for each Transat share. The value of the transaction is approximately C$190 […]
Tag Archives: Transat
10
Aug
Aug
Air Transat has unveiled its winter timetable with plans to operate from airports across the UK during the season, thus restoring year-round operations. The Canadian leisure airline recommenced flights from London Gatwick, Manchester and Glasgow to Toronto last month. It has now confirmed it will continue to offer flights from all three airports during the […]