Canadian travellers are perceived to be some of the most accepted and loved travellers in the world and while not everyone is Canadian, Air Canada is ensuring everyone can travel like one with its latest campaign - Travel like a Canadian.
Air Canada will face a competition probe before the airline can complete its proposed acquisition of Air Transat. Air Transat shareholders overwhelmingly voted last week in favour of the C$720 million deal, which valued the carrier at C$18-a-share.
Air Canada has reported second quarter EBITDA of $916, up from the figure of $739 million reported last year. At the same time, the carrier reported adjusted net income of $240 million or $0.88 per diluted share in the second quarter.
Air Canada and Transat have concluded a definitive arrangement agreement that provides for flag-carrier’s acquisition of all issued and outstanding shares in the private carrier. The value of the all-cash transaction is approximately $520 million.
The flag-carrier hopes the proposed transaction, valued at approximately $13 per share, will create a Montreal-based global travel services company in leisure, tourism and travel distribution.
Air Canada has announced the introduction of new seasonal Montreal-Bordeaux service between June 15th and September 15th next year. Flights will operate four days a week with Boeing 737 MAX 8 and are timed to optimise connectivity to Air Canada’s North American network.
Air Canada has announced Alipay and WeChat Pay are now payment choices available when booking on the carrier’s North American and Hong Kong websites.
Air Canada has unveiled the new Air Canada Signature Suite for its top international business customers at its Toronto Pearson global hub.
Air Canada has announced the strategic expansion of its international network from Vancouver. Launching new services in June 2018 to Paris and Zurich and increasing its London-Heathrow service with twice-daily flights for summer 2018.