Articles tagged “canada”

Air Canada Bids $387 Million for Tour Operator Transat

Air Canada Bids $387 Million for Tour Operator Transat

Scott Deveau, Bloomberg

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?

1 week ago

Canada’s Transat Is Latest Tour Operator to Put Itself Up for Sale

Canada’s Transat Is Latest Tour Operator to Put Itself Up for Sale

Sandrine Rastello, Bloomberg

Canadian tour operator Transat says multiple bidders have approached it, possibly including Air Canada or TUI. The news comes as Thomas Cook is rumored to be seeking suitors, too.

3 weeks ago

Sponsored
Skift Webinar: How Canada Is Using Meetings to Drive Economic Development

Skift Webinar: How Canada Is Using Meetings to Drive Economic Development

Business Events Canada + Skift

In Skift's upcoming webinar, we'll explore how destinations are revamping their meetings strategy to stay competitive.

2 months ago

Canada Pulls Tourism Ads From China as Tension Over Huawei Heats Up

Canada Pulls Tourism Ads From China as Tension Over Huawei Heats Up

Daniela Wei, Bloomberg

Heated tension over the Huawei arrest prompts Destination Canada to stop all advertising. It will be a cold season for Canada as far as the Chinese market is concerned.

5 months ago

Rail Tour Operator Rocky Mountaineer Targets Cruisers Through Agent Sales

Rail Tour Operator Rocky Mountaineer Targets Cruisers Through Agent Sales

Paul Biasco, Skift

Rocky Mountaineer relies heavily on travel advisors to sell its luxury train experiences through the Canadian Rockies, but there’s room for improvement. The rail tour company launched a new agent training program to clear up misconceptions about its mode of travel.

6 months ago

Travel From Canada to the U.S. Could Be Complicated by Legal Marijuana

Travel From Canada to the U.S. Could Be Complicated by Legal Marijuana

Greg Quinn, Bloomberg

Tension between the U.S. and Canada was already worsening under the Trump administration, and now, casual visitors from Canada may have something new to worry about.

8 months ago

Canadian Tourism to U.S. Still Strong Despite Trade Feud

Canadian Tourism to U.S. Still Strong Despite Trade Feud

David Sharp, Associated Press

Canadians may be angry about President Donald Trump's insults and tariffs, but it doesn't seem to be taking a toll on their visits to the U.S.

10 months ago

Canada Is Set to Weaken Laws on Foreign Ownership for Airlines and Railways

Canada Is Set to Weaken Laws on Foreign Ownership for Airlines and Railways

Josh Wingrove, Bloomberg

Under this legislation in Canada, foreign concerns could own as much as 49 percent of Air Canada or WestJet Airlines. That's not likely to happen anytime soon, however.

1 year ago

Lyft Is Quietly Catching Up to Uber in Canada Expansion

Lyft Is Quietly Catching Up to Uber in Canada Expansion

Gerrit De Vynck, Bloomberg

Slow and steady may win the race for Lyft, which is surely happy to sit back and let Uber struggle with its high-profile problems.

1 year ago

WestJet Has a Lot Riding on the Launch of Its New Low-Cost Airline

WestJet Has a Lot Riding on the Launch of Its New Low-Cost Airline

Frederic Tomesco, Bloomberg

Starting up a new low-cost airline in a pretty crowded market presents a major challenge for WestJet's new CEO. Add on an expansion of its long-haul program, and you can see why aviation analysts are a little worried.

1 year ago

Canadian Bill to Relax Foreign Ownership Laws on Airlines and Railways Hits a Snag

Canadian Bill to Relax Foreign Ownership Laws on Airlines and Railways Hits a Snag

Frederic Tomesco and Josh Wingrove, Bloomberg

The proposed bill establish new airline-passenger rights for customers in Canada, so that's good news for consumers.

1 year ago

Lyft Will Enter Canada as Its First Foreign Market

Lyft Will Enter Canada as Its First Foreign Market

Natalie Wong, Bloomberg

In Formula One, a racecar will go where the driver's eyes go. In capitalism, a startup will go where its investors see the most potential for market share gain. In the race between Lyft and Uber in Canada, the real winner now is the consumer, thanks to discounting.

2 years ago