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MISSISSAUGA - Cargojet Income Fund announced today a cash distribution of $0.0917 per unit for the period from December 1, 2005 to December 31, 2005. The distribution will be paid to unitholders of record at the close of business on December 31, 2005 and will be payable on or before January 15, 2006.
TORONTO - An investment in Vector Aerospace Corporation ("Vector") has been made by Donald K. Jackson. Vector is listed on the Toronto Stock Exchange (the "TSX") under the trading symbol "RNO".
MONTREAL - Air Transat's pilot group, represented by the Air Line Pilots Association, International (ALPA), has reached a tentative agreement with the company that will improve working conditions and pay the pilots a competitive salary.
MONTREAL - Aeroplan Income Fund announced today that a cash distribution in the amount of $0.0583 per Fund unit, covering the period from December 1, 2005 to December 31, 2005, will be paid on January 16, 2006 to unitholders of record at the close of business on December 31, 2005.
MONTREAL - With the departure today of Air Canada flight AC976 to Santo Domingo via Toronto, the airline increased its service to as many as 17 flights per week to the Caribbean nation from cities across Canada. The non-stop Santo Domingo service will operate three times weekly from Toronto to the Dominican Republic capital during the winter and spring holiday peaks and two flights weekly for the balance of the year.
VANCOUVER - With the departure today of Air Canada flight AC 8420 to San Diego from Vancouver, the airline increased Air Canada's service to up to 20 daily flights to California from cities across Canada. Air Canada Jazz operates the new daily non-stop San Diego flights with next- generation, made-in-Canada Bombardier CRJ-705 aircraft, featuring 10 Executive Class and 65 Hospitality seats.
CALGARY - Air Canada launched two new routes serving Calgary with the inaugural of non-stop services to Orlando and Abbotsford.
MONTREAL - Transat A.T. Inc., one of the largest holiday travel companies in the world and the leader in Canada, recorded revenues of $2,364.5 million for the year ended October 31, 2005, compared with $2,199.8 million in 2004, a 7.5% increase. The Corporation recorded a margin of $120.6 million, down 26.3% from $163.8 million in 2004.
CALGARY - WestJet, one of North America's leading low-cost airlines, celebrates the commencement of its new non-stop service between Vancouver and Honolulu, Hawaii today. WestJet now offers five non-stop return flights per week between Vancouver and Honolulu with connecting service to several destinations across Canada.
CALGARY - WestJet today announced its Board of Directors has approved the purchase of four additional Boeing Next-Generation 737 aircraft by converting purchase options with Boeing into a firm delivery. The 737 aircraft are scheduled to be delivered in 2007.