Is Air Transat owned by Air Canada?

It has today been announced that Air Canada and Air Transat have mutually agreed to terminate their acquisition agreement. It was first announced in June 2019 that Air Canada would acquire Air Transat for $520 million.

Who is the owner of Air Transat?

Proposed acquisition by Air Canada

On 16 May 2019, Transat AT, the company that owns Air Transat, announced it was in exclusive talks to be purchased by Air Canada.

What airlines are owned by Air Canada?

The airline’s regional service is Air Canada Express.

Air Canada.

Alliance Star Alliance
Subsidiaries Air Canada Cargo Air Canada Express Air Canada Foundation Air Canada Jetz Air Canada Rouge Air Canada Vacations Aeroplan
Fleet size 159 (excl. subsidiaries)
Destinations 222

Did Air Transat merge with Air Canada?

Air Canada merger with Air Transat called off

Both companies released statements announcing the termination of the $190-million deal initiated more than two years ago and amended due to the weight of the COVID-19 pandemic on the transportation sector. … Federal government approves Air Canada purchase of Transat A.T. Inc.

Does Transat own hotels?

In order to embark on its project to become a full-fledged hotel operator, Transat sold its minority 35% interest in Ocean Hotels in the fall of 2017, a stake it had held since 2007. It plans to operate some 5,000 owned or managed hotel rooms within seven years.

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Is Air Transat a private company?

Transat A.T. Inc. is an international, vertically integrated tour operator with nearly 20 business units in 8 countries. The company is headquartered in Montreal, Quebec, Canada.

Transat A.T.

Type Public
Number of employees 5,000 (2019)

What countries does Air Transat fly to?

Air Transat is one of Canada’s top holiday airlines. The carrier flies to more than 60 destinations and more than 25 countries, spanning the Americas, Europe and also several destinations throughout Canada.


Region Destination Cities
Canada Vancouver Toronto Montreal
Sun Destinations Cancun Puerto Vallarta

Who owns Sunwing?

Sunwing Travel Group

Type Private
Owners TUI Group (49%) Hunter Family
Number of employees 1,710 (2014)
Divisions TravelSmart
Subsidiaries Sunwing Airlines, Sunwing Vacations, Signature Vacations, Vacation Express, LUXE Destination Weddings, NexusTours

Who owns Air Canada Vacations?

Air Canada Vacations is a wholly-owned tour operator of Canada’s national flag carrier, Air Canada, the country’s largest provider of scheduled passenger services within Canada and from Canada to international destinations.

What makes Air Canada different?

Air Canada is the first Canadian airline to offer in-seat Wi-Fi access on select North American flights and across all 129 narrow-body aircraft, boasting more Wi-Fi-enabled planes than any other Canadian airline.

Is Air Canada a flag carrier?

Air Canada is Canada’s largest domestic and international airline serving more than 210 airports on six continents. Canada’s flag carrier is among the 20 largest airlines in the world and serves more than 50 million customers each year.