Exchange Income Corp. To Purchase Canadian North

Canadian North
Credit: Ramon Cliff / Alamy Stock Photo
Exchange Income Corp. (EIC), the Winnipeg-based parent company of several small airlines, has agreed to purchase Canadian North, calling the carrier’s businesses “highly complementary” to its current portfolio. The C$205 million ($144 million) deal, announced Feb. 24, will further establish EIC as a...
Sean Broderick

Senior Air Transport & Safety Editor Sean Broderick covers aviation safety, MRO, and the airline business from Aviation Week Network's Washington, D.C. office.

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