A PYMNTS Company

Canada: First Air and Canadian North plan to merge

 |  July 8, 2018

First Air and Canadian North have announced that they’re planning to merge. The two airlines made the announcement in a joint news release on Friday afternoon. The companies said the move is “in order to provide the best possible essential air services across the Arctic.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Following execution of definitive agreements and the receipt of applicable regulatory approvals needed to establish a strong new entity, the proposed Pan-Arctic airline will operate under the name “Canadian North” and aircraft will feature new First Air livery, including its Inukshuk logo.

    Headquarters for the proposed airline will be located in Ottawa. Both Makivik and IDC recognize the value and potential in the North and in the Alberta market and remain committed to supporting and growing the Alberta presence. The parties expect to complete the merger by the end of 2018.

    Full Content: Newswire

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.