RE:and Onex could try to buy Transat
For Onex Transat IS the key to instant routes and a network. Without Transat, they will have to get market share on the Atlantic routes one airplane at a time....and ties up the 787's...they could be going to Asia if they bought Transat. Asia is the real money. Air Canada will do everything to get Transat, and they will eventually. They will keep Transat in Quebec. It's election year. What would Onex do with Transat? Roll it into Westjet sooner or later? Unthinkable in the Quebec mindset. The best Onex can do is force Air Canada to pay more, possibly reaching their threshold of what they are willing to pay, and some other Quebec based company may buy it. Cheers and GLTA