Apr 24, 2023
Airline, federal government agree to new conditions related to 2019 merger with First Air
Canadian North will be able to adjust some of its routes, as well as passenger and cargo fares, after Transport Canada announced new conditions to the airline’s 2019 merger with First Air.
The agreement between Canadian North and Ottawa includes a “profit cap” and an annual limit on fare increases, according to a Transport Canada news release.
“Canadian North provides an important service to the North, and is the only true full network air carrier in much of the region,” said federal Transport Minister Omar Alghabra in the news release.
“These new terms and conditions will ensure northern and remote communities have the access to the air services they need, while at the same time ensuring Canadian North remains a viable service provider.”
Read More: https://nunatsiaq.com/stories/article/transport-canada-allows-canadian-north-to-adjust-fares-routes/
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