AC Signs Maintenance Deals In QC, Dependent On Transat Deal Approval
Bruce Parkinson, Open Jaw
Air Canada has signed two agreements for air-frame maintenance in Quebec, subject to its takeover of Transat AT.
Transat shareholders voted overwhelmingly last year to approve a takeover of the travel company by Air Canada, however the deal still requires regulatory approval. These AC announcements, which mean jobs and investment in Quebec, will likely be seen as a ‘sweetener’ for approval of the deal.
AC and AAR Corp. have signed a letter of intent for a 10-year renewable agreement for air-frame maintenance of both Air Canada’s and Air Transat’s fleet of Airbus A330 and A320 aircraft in Trois-Rivières.
AAR plans to make investments in Trois-Rivières to accommodate the new wide-body A330 work of the combined Air Canada and Air Transat fleets.
Air Canada has also signed a letter of intent with Avianor for a 10-year agreement for air-frame maintenance of its new fleet of Airbus A220 aircraft in Mirabel, QC.
Avianor is looking to construct a new hangar in Mirabel in close proximity to the Airbus Canada A220 manufacturing facilities.
Bruce Parkinson Editor-in-Chief
An observer and analyst of the Canadian and international travel industries for over 25 years, Bruce uses the pre-dawn hours to prepare a daily news and information package to keep industry members up to date.