قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Air Canada Wants To Get Air Transat

Air Canada Wants To Get Air Transat



It becomes a week for Canadian aviation. At the beginning of the week it was announced that WestJet acquired a private equity firm with a $ 5 billion deal. Today there is an additional airline activity, this time in the form of consolidation in airlines in Canada.

Air Canada intends to acquire Air Transat

It is now announced that Air Canada has entered into an exclusive Air Transat agreement to purchase all the donated and outstanding shares .

The proposed transaction costs approximately $ 520 million, or $ 13 per share.

"A Transat combination represents a great opportunity for stakeholders of both companies, including shareholders of both Transat and Air Canada, employees of the same company, who will benefit from increased job security and prospects for growth, and Canadian travelers, which will benefit from the enhanced capabilities of a joint venture to participate as a leader in high-competitive travel trips around the world. Getting a unique opportunity to compete in the best in the world when it comes to leisure travel, it will also allow us to extend our hub to Montréal-Trudeau Airport, where we have added 35 new routes since 201

2 to benefit the communities of Montreal and Quebec, and if where we carry 10 million customers in 2018 only. "[19659007] It's a shame yet pending deal, so we can expect additional announcements only after certain agreements are signed.

I get to Air Canada getting to Air Transat

Most of you are probably familiar with Air Canada, though Air Transat is an airline that is not all familiar. The Montreal-based airline has a fleet of nearly 40 planes, and they have different fleets, including the A310s (!!!), A330s, A321s, and 737s, and they have A321LRs to bring back their fleet in the long run (replacing the A310s).

Air Transat A321LR

Air Transat is mainly operating leisure routes, most of which are seasonal. Some transatlantic markets, and also in the Caribbean, Mexico, and flights within Canada.

What is interesting is that Air Canada has its own low cost carrier, Rouge, which operates in some of the same destinations.

It would be interesting to see if Air Canada plans to hide the Air Transat at Rouge and eliminate a competitor in the process, or if they want to keep the branding separate.

My guess is that Air Transat is part of Rouge, although probably in the process some of the planes will go to the main line of Air Canada, so the airline can keep some of the same.

Based on the current Air Transat fleet:

  • While Rouge currently uses 767s for long haul flights, I can see them with the Air Transat A330s for long-haul trips
  • The Air Transat A310s are likely to retire soon, and replace A321LRs
  • Air Transat has a small fleet of 737s; Air Canada has only 737 MAXs, so I wonder if Rouge really starts a small subfleet of 737s, or if they want to retire with them
  • I'm almost wondering if the Air Transat A321LR orders can be just go to the main line of Air Canada, as it does not seem to have to fit the Rouge business model, and I see the merit of A321LRs in Air Canada's fleet

Lines

Air Canada Getting Air Transat seems a good fit, as Air Transat can join the Rouge fleet. In this deal, Air Canada may eliminate a competitor.

While Air Canada is talking about the benefits of such a deal, it is almost certain that it will not be beneficial for consumers. Air Canada CEO said that consumers will "benefit from the enhanced capabilities of the combined company to participate as a leader in high-competitive travel hobbies around the world."

The greater truth for consumers is that Canada's aviation is no longer competitive, and we see an airline being removed. Which leads to higher airfare …

What do you do with Air Canada plans to cover Air Transat? Do you think they want to collapse the airline at Rouge, or? Function (f, b, e, v, n, t, s) {if (f.fbq) return; n = f.fbq = function () {n.callMethod?
n.callMethod.apply (n, argument): n.queue.push (argument)}; if (! f._fbq) f._fbq = n;
n.push = n; n.loaded =! 0; n.version = & # 39; 2.0 & # 39 ;; n.queue = []; t = b.createElement (e); t.async =! 0;
t.src = v; s = b.getElementsByTagName (e) [0]; s.parentNode.insertBefore (t, s)} (window,
document, & # 39; script & # 39 ;, & # 39; https: //connect.facebook.net/en_US/fbevents.js');

fbq (& # 39; init & # 39 ;, & # 39; 223925121308781 & # 39;);
fbq (& # 39; track & # 39 ;, "PageView");
Source link