Page 16 - Ed Sims News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Article content At least three potential bidders for Transat AT Inc. say they are not currently interested in acquiring the tour operator after Air Canada terminated its deal to purchase the struggling company late last week. Since the deal fell apart, Montreal-based Transat has been weighing its options, including seeking long-term funding and potential government support. In an email statement on Tuesday, it reiterated that it would also consider other acquirers, including an offer from Québecor chief executive Pierre Karl Péladeau that remains on the table. We apologize, but this video h...

By Pilar Wolfsteller2021-04-01T18:09:00+01:00 Canada’s WestJet has laid off another 415 pilots as the coronavirus crisis continues tearing through that country’s aviation sector. The layoffs, which the Calgary-based airline announced in March, became effective on 1 April. Pilot union Air Line Pilots Association, International (ALPA) blasted the Canadian government for its ongoing inaction on sector-specific financial support, which it says led to these layoffs, and which continues to create uncertainty for Canada’s airlines. Source: WestJet WestJet lays off another 415 pilots “Canad...

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer WestJet Airlines Ltd. has cancelled orders for 15 Boeing 737 Max aircraft amid a prolonged crisis for the aviation industry. WestJet recently resumed flying three 737 Max aircraft after the government of Canada in January allowed the model to return to passenger service following a nearly two-year grounding owing to safety conce...

Ottawa, airlines close to bailout package that could soar past $7 billion, says labour leader The federal government is in the final stages of talks with airlines on what could turn out to be a $9 billion support package for the pandemic-battered industry, says union representative Jerry Dias. Social Sharing

Airlines in Canada during the coronavirus pandemic have lost 23% of their market share on international routes to competitors in Europe and the USA whose governments have provided sector-specific relief funds, WestJet chief executive Ed Sims said during an online discussion hosted by multinational aviation group Eurocontrol on 2 March.