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Jazz will become sole partner for regional flying for aircraft with at least 70 seats until 2025. It will also remove 19 Dash 8-300s from its fleet this year.
Air Canada says the consolidation of regional flying with Jazz is due to the pandemic and the need to reduce costs. This necessary realignment of our regional services will help Air Canada achieve efficiencies and reduce operating costs and cash burn by consolidating its regional operations with one provider, stated Richard Steer, senior vice-president, operations and express carriers. Moreover, by streamlining the regional fleet, this agreement will also position Air Canada to operate more competitively with a single provider as traffic returns following the pandemic.
SNC-Lavalin shares spike after announcing sale of resources oil and gas business - Medicine Hat NewsMedicine Hat News medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
SNC-Lavalin Group Inc. shares surged more than 11 per cent after the company took steps to reduce risks by moving away from construction and oil to focus on its engineering services business.The . . .