shareholders approved a revised purchase offer from Air Canada in mid-December, however, Mr. Garneau said he was “approaching the decision-making point.”A source told The Globe and Mail that Mr. Garneau is expected to soon forward a recommendation to cabinet and a decision should be announced early in the new year. The Globe is not identifying the source because they were not authorized to talk about the federal review.
In October, Air Canada slashed its offer by almost 75 per cent to $180-million after airline revenues cratered as a result of the collapse in air travel due to COVID-19. Mr. Sims said Air Canada should give up some of its “peak period” slots at Pearson International and London’s Heathrow airports. Under the proposed deal, he said the merged airlines would acquire even more “peak period” slots between Toronto and London, foreclosing “meaningful competition” in two of the most important hubs for Canadian travellers.“WestJet believes that Air Canada should be required to maintain all three brands – Air Canada, Rouge and Transat.
of course the Government protect Air Canada they always do.the laws and human rights don't apply to Air Canada who has over 467 victims of PROVEN SYSTEMIC HARASSMENT AT THE CANADIAN HUMAN RIGHTS TRIBUNAL for laws that already exist
That deal makes total sense. Canada has way too many airlines. Why not through westjet into the mix as well?
Refund your passengers
Let them merge, Air Canada give me my money back.
Similar to Air Canada and Canadian merger?