Canadian carriers plan merger

First Air 767-200FTwo Canadian carriers, both with significant cargo operations, are in merger negotiations. First Air and Canadian North both specialize in serving the remote northern part of the country, and both have main-deck freight operations. The merger, assuming the two companies agree to go ahead with it, would be subject to review by Canadian regulatory authorities, and is therefore not likely to complete until late this year.

While neither of these carriers is very big by international standards, the merger is significant from a cargo perspective because the area they serve — northern Canada — is huge and there are no road or rail transport options for most of it. Movement of goods has to be by air.

The two carriers have set up a website with news of the merger: www.newnorthernairline.com

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