Air Georgian and Regional 1 have signed a Memorandum of Understanding to merge:
http://www.marketwire.com/printer_friendly?id=1830018
Quote:
|
Air Georgian will continue to focus primarily on its CPA relationship with Air Canada. AGL currently operates B1900 aircraft under the brand name of Air Canada Express. R1 will focus on expanding its domestic presence, specializing in serving the natural resource sector.
|
Quote:
|
Upon closing, the combined operations will utilize Beechcraft 1900D, de Havilland DHC 8 100, DHC 8 300 and CRJ 100/200 aircraft types, with the ability to quickly add additional larger gauge aircraft types with the long term goal of positioning the brands as major players in the 18-76 seat turbo-prop and jet market.
|