Tag Archives: Airbus A321-211 WL

Air Canada introduces winter service from Quebec City to Cancun, Mexico and Punta Cana, Dominican Republic

Airline Color Scheme - Introduced 2013 (second)

Air Canada today announced two new winter services from Quebec City (YQB) to popular sun destinations Cancun, Mexico and Punta Cana, Dominican Republic. Service to Cancun begins December 21, 2019 until April 11, 2020, while Punta Cana flights start December 22, 2019 until April 12, 2020.

 

The flights will be operated on a 200-seat all-economy Air Canada Rouge Airbus A321.

Flight

Departs

Arrives

Days of Week

AC1776

Quebec City 08:00

Cancun 13:00

Saturday

AC1777

Cancun 14:00

Quebec City 18:30

Saturday

AC1772

Quebec City 08:20

Punta Cana 13:50

Sunday

AC1773

Punta Cana 14:50

Quebec City 18:30

Sunday

This announcement represents the first expansion of Air Canada’s leisure travel offerings since the announcement of its exclusive agreement to pursue a combination with Transat A.T. The transaction, if completed, is expected to facilitate continued growth and expansion in the highly competitive, global leisure travel segment.

Air Canada in Quebec City

Including these two new routes, Air Canada will offer close to 1.2 million seats in the Quebec City market in 2019. Air Canada, Air Canada Rouge and its regional airline partners flying under the Air Canada Express banner operate approximately 275 flights per week between Quebec and Montreal, Sept-Iles, Gaspe, Toronto and Ottawa.

Top Copyright Photo: Air Canada rouge (Air Canada) Airbus A321-211 WL C-FJOU (msn 6873) FLL (Tony Storck). Image: 930981.

Air Canada Rouge aircraft slide show:

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Air Canada acquires Transat, Air Transat to be merged into Air Canada

Air Transat Airbus A321-211 WL C-GTXV (msn 6526) YYZ (TMK Photography). Image: 946807.

Air Canada and Transat A.T. Inc. announced today that they have concluded a definitive Arrangement Agreement that provides for Air Canada’s acquisition of all issued and outstanding shares of Transat and its combination with Air Canada. Under the terms of the binding agreement, unanimously approved by the Board of Directors of Transat, Air Canada will acquire all outstanding shares of Transat for $13 per share. The value of the all-cash transaction is approximately $520 million.

Air Canada and Transat A.T. Inc. Conclude Definitive Arrangement Agreement for Combination of the Two Companies (CNW Group/Air Canada)

The transaction remains subject to regulatory and shareholder approvals and other closing conditions usual in this type of transaction. If such approvals are obtained and conditions are met, the transaction is expected to be completed in early 2020.

Unanimous approval of the Transat Board of Directors

Following an approach from Air Canada in the Fall of 2018, Transat and Air Canada commenced discussions in late 2018 to explore a possible combination. Transat formed a Special Committee of independent directors to evaluate the proposal with the assistance of financial and legal advisors, consider, and if deemed advisable, undertake a process for the formal review of strategic alternatives, consider any alternative proposal, and make recommendations to the Board of Directors in the best interests of the Corporation and all its stakeholders. The Special Committee of the Board of Directors of Transat and its Board of Directors have since then met multiple times in connection with all expressions of interest received by Transat, including Air Canada’s proposal.

On April 30, 2019, the Corporation announced having received expressions of interest and being in preliminary discussions with more than one party concerning a potential transaction involving the acquisition of the Corporation.

On May 15, 2019, Air Canada and Transat entered into a Letter of Intent with an exclusivity period to complete due diligence and to finalize definitive documentation reflecting the agreed terms. After that date, other parties continued to express unsolicited, non-binding interest in Transat.

On June 26, 2019, after an extensive review, the Special Committee of Transat’s Board of Directors concluded unanimously that combining with Air Canada and entering into the Arrangement Agreement are in the best interests of Transat and its stakeholders, including its employees, clients, shareholders, partners and suppliers, and has provided its unanimous recommendation to the Transat Board of Directors to that effect.

On June 27, 2019, the Transat Board of Directors, having among other considerations, received and considered the recommendation of the Special Committee, unanimously determined that the transaction is in the best interests of Transat and its stakeholders, approved the Arrangement Agreement and recommended that Transat shareholders vote in favour of the transaction. In addition, each of the directors and executive officers of Transat has entered into a voting support agreement pursuant to which each of them has committed to vote in favour of the transaction.

Each of National Bank Financial and BMO Capital Markets has provided the Transat Board of Directors with an opinion to the effect that, as of the date thereof, the consideration to be received by holders of Transat shares with respect to the transaction was fair, from a financial point of view, to such holders, in each case subject to the respective limitations, qualifications, assumptions and other matters set forth in such opinions.

The terms of the Arrangement Agreement provide for a break fee of $15 million payable by Transat in case of termination of the agreement in certain circumstances, including upon acceptance of a Superior Proposal that is not matched by Air Canada. Under the Arrangement Agreement, a Superior Proposal is defined, in part, as an unsolicited bona fide written acquisition proposal, that is made at a firm price per share equal to or exceeding $14 in cash, that has fully committed financing from a financial institution or similar organization (or is made by a person with adequate cash on hand), and that the Board of Directors of Transat determines in its good faith judgment, after receiving legal and financial advice, would result in a transaction that would be in the best interests of Transat and its stakeholders and be more favourable, from a financial point of view, to Transat shareholders. The terms and conditions for the making of a Superior Proposal and its complete definition are contained in the Arrangement Agreement.

The Arrangement Agreement also provides for the payment by Air Canada of a reverse break fee of a maximum of $40 million in the event that the agreement is terminated because regulatory or governmental approvals are not obtained, subject to certain conditions.

Further details regarding the terms of the transaction are set out in the Arrangement Agreement. The acquisition will proceed by way of a court-approved plan of arrangement pursuant to the Canada Business Corporations Act. Additional information regarding the terms of the Arrangement Agreement and the background of the transaction will be provided in the information circular for the special meeting of Transat shareholders. Copies of both the Arrangement Agreement and the information circular will be made available on SEDAR at www.sedar.com.

Air Canada has retained Morgan Stanley as its financial advisor and Stikeman Elliott LLP as its legal advisor. Transat has retained National Bank Financial as financial advisor and Fasken as legal advisor. BMO Capital Markets and Norton Rose Fulbright are acting respectively as financial and legal advisors to the Special Committee of Transat’s Board of Directors.

Air Canada Head Office in Montreal.

Headquartered in Montreal since 1949, Air Canada maintains one of the largest global head offices in Quebec and has been named one of Montreal’s top employers in each of the last six years. Air Canada employs 36,000 employees globally, with approximately 10,000 in the province of Quebec where it has created over 2,600 new jobs over the last five years. Air Canada’s President and Chief Executive Officer and other Executive Committee members are all based at the Montreal Headquarters.

Air Canada serves 11 airports across Quebec. Montreal-Trudeau Airport is a strategic hub for Air Canada connecting its Quebec and Atlantic Canada domestic network, with its U.S. trans-border, Caribbean, European, North African, Asian and South American flights. To the U.S. alone, Air Canada connects Montreal-Trudeau to some 24 cities.

Since 2012, Air Canada has launched 35 new routes from Montreal-Trudeau to global markets including Shanghai, Beijing, Tokyo, Tel Aviv, Lima, Sao Paulo, and Casablanca. This growth has allowed Montreal to rank amongst the top 50 most internationally connected cities in the world and to become one of the largest North American hubs.

Air Canada served more than 10 million passengers in Montreal in 2018.

Top Copyright Photo (all others by the airline): Air Transat Airbus A321-211 WL C-GTXV (msn 6526) YYZ (TMK Photography). Image: 946807.

Air Transit aircraft slide show:

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Delta to add Salt Lake City – Puerto Vallarta seasonal flights

Delta Air Lines Airbus A321-211 WL N318DX (msn 7441) LAX (Michael B. Ing). Image: 946479.

Delta Air Lines will add weekly Airbus A321 seasonal summer service between the Salt Lake City hub and Puerto Vallarta, Mexico.

According to Airline Route, the temporary route will operate on Saturdays from June 8 through August 10, 2019.

Top Copyright Photo: Delta Air Lines Airbus A321-211 WL N318DX (msn 7441) LAX (Michael B. Ing). Image: 946479.

Delta aircraft slide show:

Enter Air buys into the Swiss market, acquires 49% of Germania Flug

Germania (Switzerland) (Germania.ch) Airbus A321-211 WL HB-JOI (msn 5843) ZRH (Rolf Wallner). Image: 930268.

Enter Air (Warsaw) has signed an agreement with Albex Aviation to acquire a 49% share of Germania Flug (Zurich) of Switzerland.

“The Swiss company has it all, it gives us access to the the of the Swiss tourism market, and in the future, to other markets, in which we are not yet fully present.” – says Grzegorz Polaniecki, CEO of Enter Air.

Germania Flug was not affected by the bankruptcy of its German shareholder Germania in February 2019.

All shares formerly held by Germania of Germany were sold to Albex Aviation.

Top Copyright Photo (all others by the airlines): Germania (Switzerland) (Germania.ch) Airbus A321-211 WL HB-JOI (msn 5843) ZRH (Rolf Wallner). Image: 930268.

Germania Flug aircraft slide show:

Wow Air and Indigo Partners fail to reach an agreement, Icelandair is back in negotiations

Wow Air Airbus A321-211 WL TF-WIN (msn 7650) AMS (Ton Jochems). Image: 946028.

Wow Air and Indigo Partners have failed to reach agreement on an investment.

Wow Air is resuming discussions with the rival Icelandair Group.

Wow Air issued this short statement:

The proposed investment of Indigo Partners LLC in WOW air has been cancelled by Indigo Partners. Therefore, all negotiations between WOW air and Indigo Partners have been cancelled.

Subsequently WOW air has started discussions with Icelandair Group. The parties aim to conclude the negotiations by Monday, March 25, 2019.

Icelandair Group had previously announced in November 2018 it was moving ahead with plans to take over Wow Air but the first attempt failed.

Read more from Iceland Review: CLICK HERE

Top Copyright Photo: Wow Air Airbus A321-211 WL TF-WIN (msn 7650) AMS (Ton Jochems). Image: 946028.

Wow Air aircraft slide show:

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Thomas Cook Group will offer a larger fleet for the Summer 2019 schedule, Thomas Cook to introduce new “flat beds”

Condor Flugdienst-Thomas Cook Airbus A321-211 WL D-AIAG (msn 6590) AYT (Andi Hiltl). Image: 945978.

The Thomas Cook Group made this announcement:

•Group Airline with a total of four additional short- and medium-haul aircraft compared to summer 2018
•Three further Airbus A321s in service for Condor as of early summer, one additional A321 to take-off for Thomas Cook Airlines UK
•105 aircraft in UK, Scandinavia, Spain and Germany

The Thomas Cook Group Airline is taking delivery of two additional Airbus A321 aircraft, which will be added to the Condor fleet for the 2019 summer flight schedule. The jets will be in service for Thomas Cook Airlines UK from winter 2019/20 afterwards. The Group Airline recently announced to include two further Airbus A321 for summer 2019, and will have a total of 105 aircraft then. Its short- and medium-haul fleet has been expanded by four additional own aircraft in total compared to the previous year.

Two Airbus A321s fly for Condor and are stationed in Leipzig and Hanover in summer 2019. In Leipzig, Condor is significantly increasing capacity with around 100,000 additional seats to the Mediterranean, the Canary Islands, Turkey and Egypt. Another A321 is flying in Germany as well, the fourth airplane completes the A321 fleet of Thomas Cook Airlines UK.

The fleet growth is a clear sign for the Group Airline’s focus on operational stability during high season: “Using additional aircraft of our own is another measure to live up to our quality promise next summer, even during the high season”, says Christoph Debus, Chief Airline Officer of the Thomas Cook Group. With the additional aircraft, the Group Airline has further reserves available and has hired additional personnel on the ground and in the air. As part of an internal project, numerous other measures were implemented to ensure stable flight operations in the summer of 2019.

In other news, Thomas Cook Airlines (UK) on May 13 will introduce “flat beds” for its long-haul routes to the USA.

Video:

Top Copyright Photo: Condor Flugdienst-Thomas Cook Airbus A321-211 WL D-AIAG (msn 6590) AYT (Andi Hiltl). Image: 945978.

Condor aircraft slide show:

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Vietjet orders 50 more Airbus A321neo aircraft

9000th Airbus Aircraft

Vietnamese carrier Vietjet has placed a firm order with Airbus for an additional 50 A321neo single aisle aircraft, finalizing an MOU signed at the Farnborough International Airshow last July.

The purchase agreement was signed in Hanoi by Nguyen Thi Phuong Thao, Vietjet President and CEO and Christian Scherer, Airbus Chief Commercial Officer.

The signing was witnessed by Nguyen Xuan Phuc, Prime Minister of Vietnam and Edouard Philippe, Prime Minister of France, during his official visit to Vietnam.

The new purchase agreement increases the number of A320 Family aircraft ordered by Vietjet to 171, of which 46 have already been delivered. This leaves the airline with a backlog of 125 aircraft on order with Airbus for future delivery, comprising 120 A321neo and five A321ceo.

To date, the A320 Family has won more than 14,700 orders and over 8,000 aircraft are currently in service with 334 operators worldwide.

Top Copyright Photo: Vietjet Air (VietJetAir.com) Airbus A321-211 WL VN-A651 (msn 5295) (9000th Airbus Aircraft) HAN (Jacques Guillem Collection). Image: 939474.

VietJet aircraft slide show:

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