This term should be illegalespecially after Air Canada is walking out of the original deal without any penalties.
It also tells me Air Transat members of the BOD are grossly incompetent. Any Federal help would be droping into Air canada pockets.
..."Furthermore, a break fee of $30 million would be payable by Transat if the agreement is terminated by Air Canada following a change in recommendation by the Board of Transat, which change would have been based on a governmental financial assistance program that is material to Transat becoming generally available to the Canadian airline industry or the segments of the travel, hotel and tourism industries in which the Corporation operates."