Sunday, May 26, 2024

Letter to the European Commission | The bloc criticizes the sale of Air Transat

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Maria Gill
Maria Gill
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(Montreal) The Quebecois Bloc (BQ) has written to the European Commission, which is considering selling Air Transat, to draw its attention to its concerns.

The Canadian Press

Pierre Boucher-les Patriot-Verscher, Xavier Barsal, and Duval wrote that should the deal be concluded as per the will of Air Canada, there would be many issues of concern to Quebec and the European Union.

In his view, the deal will have a direct effect on prices in addition to reducing the supply and choices available to consumers.

A spokesperson for Bloc Québécois Transport, Infrastructure and Local Communities added that the deal would place Air Canada in a dominant position vis-à-vis other air carriers.

In his letter to Margaret Westager, Executive Vice President of the European Commission Directorate-General, Representative Barsalo Duval criticized the Board of Directors of Air Transat for concealing from shareholders that there was another proposal that those of Air Canada, which would be a viable alternative would make it possible to maintain To compete in this sector.

He also criticizes Transport Canada’s lack of transparency in its transaction analysis process.

The member states that in March 2020, Competition Canada presented a report showing that the acquisition of Air Transat by Air Canada could give Air Canada a dominant position, or even a monopoly, for dozens of routes, including many with Europe, in addition to letting it control In more than half the capacity of Canada and Europe.

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