It may be another month before the acquistion of Bearskin Airlines is completed. Winnipeg-based Exchange Income announced its intentions to purchase the Northwestern Ontario airline back in September. President Michael Pyle says the deal is moving along but notes it may be another 30-days until its finalized. Pyle notes they are waiting on a number of things to happen, including Government approvals, but he doesn't anticipate any problems. Airline officials were hoping to have the deal completed the first week of December.
Wednesday, December 1, 2010
Bearskin takes time
It may be another month before the acquistion of Bearskin Airlines is completed. Winnipeg-based Exchange Income announced its intentions to purchase the Northwestern Ontario airline back in September. President Michael Pyle says the deal is moving along but notes it may be another 30-days until its finalized. Pyle notes they are waiting on a number of things to happen, including Government approvals, but he doesn't anticipate any problems. Airline officials were hoping to have the deal completed the first week of December.
