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All News

May 18, 2019

Harbour Air And magniX Partner To Build World’s First All-Electric Airline

Aviation Leaders Set To Transform Seaplanes Into ePlanes ... A Zero-Emission Aircraft For The Future

A partnership has been formed between Harbor Air and electric aviation engine manufacturer magniX to transform Harbour Air seaplanes into an all-electric commercial fleet powered by the magni500, a 750 horsepower (HP) all-electric motor.

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Air Canada Enters Into Exclusive Agreement With Transat A.T.

Will Pursue A Combination Of The Two Companies

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 (Canadian) of Transat (on a fully-diluted basis), will create a Montreal-based global travel services company in leisure, tourism and travel distribution operating across Canada and internationally.

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