Air Canada Close to Acquiring Transat for $520 Million

Air Canada announced today that it has entered into an exclusive agreement with Transat A.T. Inc. (Transat) regarding the proposed purchase by Air Canada of all issued and outstanding shares of Transat and its combination with Air Canada. The proposed transaction, valued at approximately $520 million or $13.00 per share of Transat , will create a Montreal-based global…

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NTSB Report: Air Canada Near Miss Last Year Was Just Feet Away From ‘Worst Crash in Aviation History’

A near-collision in San Francisco last year was a few feet from becoming the worst crash in aviation history. The U.S. National Transportation Safety Board issued a final report yesterday on the incident involving an Air Canada plane that nearly crashed into planes lined up for take off on the ground at San Francisco International Airport. That Air Canada…

NYC To Europe For Less Than $300 Round-Trip

Air Canada has some great rates if you’re looking to take a nice vacation to Europe during the winter months. Go to their website and search different dates from November to March and you’ll probably come up with some great prices from your closest airport as well. Above there a great fare from NYC to…