April 2, 2021

Air Canada purchase of Air Transat cancelled

For Immediate Release April 2, 2021 Toronto, ON – Today’s announcement from Air Canada regarding the cancelation of the acquisition of Air Transat comes unexpectedly. From our understanding, the Company’s offer was not approved by the European Commission, making it clear that the acquisition will not go forward. IAM Canadian General Vice-President Stan Pickthall stated, “We certainly weren’t expecting this type of announcement as a start to a holiday long