- First Air (owned by Makivik Corp) operates one 767-200F, two L382G Hercules, and one ATR 72F, as well as two 737‑400s and one 737-200 in combi configuration, and six ATR 42s and one ATR 72 in QC configuration. On the passenger side, it operates one 737-400, four 737-200s, and three ATR 42s.
- Canadian North (owned by NorTerra Inc) operates four 737-200s in combi configuration, but is believed to be considering the acquisition of full freighters – likely 737-300Fs. It also operates eight 737-300s and three 737-200s in pax configuration, as well as four Dash 8 turboprops.
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