Air Transport World

INTER-CANADIEN TO GO LOCAL

Inter-Canadien, a subsidiary of Canadian Regional Airlines, will be sold to a group of Canadian investors led by businessman and former senior Quebec Cabinet Minister Michel Page. The sale includes Inter-Canadien's route structure in Quebec. No sale price was given.

"This group of investors has an aggressive business plan, which includes all employees and management of Inter-Canadien,' said Canadian Regional President and CEO Robert Reding. "Customers will gain the benefits of local ownership and Inter-Canadien will continue to offer all of the benefits of the Canadian Airlines route network and frequent-flier program. …

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