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Air Transat reviewing multiple offers

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Air Transat reviewing multiple offers

Old 1st May 2019, 14:12
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Air Transat reviewing multiple offers

https://www.theglobeandmail.com/busi...-stoke-quebec/

With 7 A321-200's in service and the first of up to 15 A321NEO-LR's starting to deliver, Air Transat would nicely complement Air Canada's fleet.
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Old 9th May 2019, 22:55
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Quebecor is mulling over the idea of buying AT.
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Old 10th May 2019, 22:38
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This should be interesting - a bidding war!
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Old 16th May 2019, 14:43
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Originally Posted by twochai View Post
This should be interesting - a bidding war!
Great news for both companies!
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Old 17th May 2019, 00:59
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Air Canada bought Air Transat according to different news outlets.
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Old 18th May 2019, 14:16
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Hmmmmm.... one wonders if all that potential extra capacity might be related to the time AC expects the 737 Max issue to linger on....

Either way, bang goes another swathe of competition on the YYZ - Europe routes.
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Old 27th Jun 2019, 15:55
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Done deal, subject to approval...https://www.cbc.ca/news/business/air...deal-1.5192056
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Old 30th Jun 2019, 18:54
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Done deal
I'd still wait to see what the competition bureau has to say before saying this is a done deal. Although the two airlines are slated to be operated separately, the bureau has seen this face before in situations where the competition was adversely affected. That's no bueno, and as much as most of us would like to see this happen, AC and AT might have to put on their convincing shoes here.
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Old 2nd Jul 2019, 22:33
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Well, in any first-world economy, no single company would be allowed to control over 60% of a given market (YYZ-Europe routes).

BUT, this being Canada, and in particular one small part of Canada, we all already know how this is going to play out...

Clue:

AC is headquartered in Quebec.

Air Transat is headquartered in Quebec.

Justin Trudeau, PM, is headquartered in Quebec.

Anyone expecting a rigorous monopolies investigation here is going to be sadly disappointed. A rigorous pretend-investigation, certainly.


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Old 3rd Jul 2019, 20:06
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https://www.cbc.ca/news/business/tra...mach-1.5198909

no other buyer
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Old 4th Jul 2019, 05:58
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BUT, this being Canada, and in particular one small part of Canada, we all already know how this is going to play out...
You're not wrong. But with an election coming up that will likely see our ever capable leader looking from the outside in, things would have to move quickly. I'm no lawyer so I ask honestly: Could WJ or SW object to a competition bureau decision until a more favourable government to their positions came into power?
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Old 10th Jul 2019, 11:48
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It might just happen.
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