FlyerTalk Forums - View Single Post - Could AC Buy Transat? 16May19 Update: AC enters into agreement to buy Transat
Old May 9, 2020, 1:18 pm
  #387  
Adam Smith
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Originally Posted by Fiordland
The Boeing/Embrear deal would likely also end up in either US or Brazilian court.
No, the Boeing-Embraer deal will definitely end up in a court in New York (which is the governing law). There's too much money at stake.

An attempt by AC to terminate the Transat deal will likely also end up in court (in Quebec), barring ironclad grounds to do so, for the same reason.

The Competition Bureau did most of its analysis prior to the events of the past few months. If they did their analysis today it would be an airline operating a small fraction of its fleet buying an airline that is not operating any flights.
That's unlikely to matter, as this is clearly an exceptional time.
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