Travel Industry News

Air Canada Ups Transat Offer Price

August 13, 2019

Air Canada Ups Transat Offer Price

Air Canada has increased the purchase price for its acquisition of Canadian travel company Transat to CAD$720 million.


Transat Agrees Air Canada Takeover Offer

June 27, 2019

Transat Agrees Air Canada Takeover Offer

Canadian tour company Transat has accepted Air Canada's all-cash offer of CAD$520 million (USD$397 million) for the Montréal-based company.


Air Canada To Buy Tour Operator Transat

May 16, 2019

Air Canada To Buy Tour Operator Transat

Air Canada said it has entered exclusive talks to acquire Canadian tour company Transat in a deal valued at CAD$520 million (USD$386 million).