Air Canada Bids $387 Million for Tour Operator Transat

Source: Travel News

Cole Burston  / Getty Images

Air Canada planes. The carrier wants to buy a rival. Cole Burston / Getty Images

Skift Take: While buying a rival airline makes sense, what's interesting is that as a vertically-integrated tour operator Transat has a number of other business lines, including brick-and-mortar travel agencies. What will Air Canada do with these?

— Patrick Whyte

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Air Canada Bids 7 Million for Tour Operator Transat