Canada's Northern Airlines Terminate Merger Discussions

EDMONTON, AB and KUUJJUAQ, QC, Oct. 23, 2014 /CNW/ – Makivik Corporation and NorTerra Inc., respectively the shareholders of First Air and Canadian North, announce that they have terminated discussions aimed at merging their airline operations, and no such further discussions are envisaged.

Canadian North and First Air will continue to have a positive working relationship aimed at providing the best possible service to customers in a competitive marketplace.

Flight operations and services at both airlines remain unaffected. The parties will have no further comment on the matter.