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Air Canada, Air Transat Terminate Acquisition

MIAMI – Today, Air Canada (AC) and Air Transat (TS) announced that the proposed takeover deal by AC would be terminated, citing the disapproval by the European Commission. The deal, originally announced in 2019, went through a number of stages, including a revision due to the COVID-19 pandemic’s severe impact on the aviation industry. If […]

The post Air Canada, Air Transat Terminate Acquisition appeared first on Airways Magazine.

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Source:: “Airways Magazine”

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