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Airlines in Canadian market could trigger cross border bids
Canadian Business argues US buyers led by Peter Ueberroth Marvin Davis and Carl Icahn may target Wardair and push around foreign ownership rules. The piece notes Wardair sale to PWA Corp. and raises concerns about reduced competition leaving Canada with two major carriers. Canadian regulators and the NTA loom over ownership limits while strategists see potential cross border arrangements to bypass rules.
MENTIONED IN THIS ARTICLE
Peter Ueberroth
Marvin Davis
Trans World Airlines
Carl Icahn
Max Ward
Ward
Ueberroth
Davis
Icahn
American Airlines
U.S
Wardai
Eastern Airlines
Texas Air
Franklorenzo
Northwest Airlines
Eastern
Pride and Joy
PWA Corp
Canada
Canadian Airlines International
Competition Bureau
National Transportation Agency
NTA
Wardair
PWA
Air Canada