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Outline | European Commission merger investigation into the proposed acquisition by Air Canada of Transat (M.9489). The proposed transaction involves an horizontal overlap in the market for air transport service between the EEA and Canada. |
Latest developments | On 2 April 2021, the notification to the Commission was withdrawn and the parties announced that they had abandoned the transaction. |
Parties | • Air Canda: Air Canada is headquartered in Canada and is a global airline that provides scheduled passenger air transport services in Canada and internationally. It operates flights to Europe through its mainline fleet as well as through its subsidiary Air Canada Rouge, a lower-cost and leisure-focused service introduced in 2013. In addition to passenger air transport services, Air Canada also manages the Aeroplane loyalty program, provides air cargo service, ground handling services and offers vacation packages through Air Canada Vacations.• Transat: Transat is headquartered in Canada and is the parent company of Air Transat, which provides scheduled passenger air transport services in Canada and internationally. Transat is also active as an international holiday travel |
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Jurisdiction(s):
United Kingdom
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