THUNDER BAY, Ontario – April 19, 2018– We are pleased to announce Wasaya Group (“Wasaya”), its shareholders
and Exchange Income Corporation (“EIC”) (TSX:EIF) have successfully closed the transaction that was first announced
on February 1, 2018.
Completing this milestone is one of the most significant events in Wasaya’s 29 year history,” said Michael Rodyniuk,
President and CEO of Wasaya. “The strength of our combined aviation assets coupled with our capable and motivated
people will result in a strong company ensuring Wasaya continues to be a fixture in the communities for years to
come. The enhanced level of service in Northern Ontario will benefit the people in our ownership communities as well
as those in the non-owner communities we serve. Partnering with EIC is a natural fit. They understand aviation,
servicing the north, and of utmost importance they have a great history working with First Nations across Canada to
provide quality air service to these communities.
Partnering with the communities we serve is fundamental to our values,” said Mike Pyle, CEO of EIC. “This transaction
allows us to directly partner and engage with our customers. Wasaya’s strong brand and legacy in northern Ontario
provides a solid foundation to expand passenger and cargo service into more communities within the region.”
Carmele Peter, President of EIC, stated “This would not have been possible without the strong working relationship
during the establishment of our partnership. This relationship will continue to grow delivering positive results for First
Nations People, communities served, travelers, cargo shippers, and our mutual shareholders, all while celebrating
and exemplifying success within First Nations’ business.
Wasaya Group and EIC complete transaction
This forum has been developed to discuss aviation related topics.
Moderators: sky's the limit, sepia, Sulako, lilfssister, North Shore, I WAS Birddog
-
- Rank 1
- Posts: 18
- Joined: Sat Mar 24, 2018 8:52 pm
Post Reply
1 post
• Page 1 of 1
Jump to
- TOP AVIATION FORUMS
- ↳ General Comments
- ↳ Accidents, Incidents & Overdue Aircraft
- ↳ Covid
- ↳ Flight Training
- ↳ Bush Flying & Specialty Air Service
- ↳ Maintenance
- ↳ ATS Question Forum
- ↳ NavCanada Hiring
- ↳ Forum de discussion sur l'aviation en Français
- ↳ Aviation Videos & Photos
- ↳ Corporate
- ↳ Helicopter Forum
- Employment
- ↳ Aviation Job Ads (Free)
- ↳ Hire me
- ↳ Employment Forum
- ↳ Salary
- Classifieds
- ↳ Marketplace
- ↳ Aircraft for Sale
- ↳ Crash Pads
- Airlines
- ↳ General Airline Industry Comments
- ↳ LARGE AIRLINE OPERATIONS - CAR 705
- ↳ Air Canada
- ↳ Air Transat
- ↳ Flair Airlines
- ↳ Jazz Aviation LP - Air Canada Express
- ↳ Porter Airlines
- ↳ Sunwing
- ↳ WestJet
- ↳ WestJet Encore
- ↳ Additional CAR 705
- ↳ Air Canada Rouge
- ↳ Air Creebec Inc.
- ↳ Air Inuit
- ↳ Air North
- ↳ Air Tindi Ltd.
- ↳ Buffalo Airways Ltd.
- ↳ Calm Air
- ↳ Canadian North
- ↳ Cargojet
- ↳ Central Mountain Air Ltd.
- ↳ Chrono Jet Inc.
- ↳ Enerjet
- ↳ Kelowna Flightcraft Air Charter Ltd.
- ↳ Kenn Borek Air Ltd.
- ↳ Morningstar Air Express Inc.
- ↳ Nolinor
- ↳ North Cariboo Air
- ↳ North Star Air Ltd.
- ↳ Pacific Coastal Airlines Limited / Westjet Link
- ↳ PAL Airlines
- ↳ Perimeter Aviation / Bearskin Airlines
- ↳ PIVOT Airlines
- ↳ Summit Air
- ↳ Sunwest Aviation Ltd.
- ↳ Swoop
- ↳ Trans Capital Air Ltd.
- ↳ Transwest Air
- ↳ Voyageur Airways
- ↳ Wasaya Airways
- ↳ West Wind Aviation
- Announcements & Help
- ↳ Forum Suggestion and Announcements
- ↳ Internet and Computer Help
- PRIVATE FORUMS
- ↳ Ladies' Night
- ↳ Mentors
- ↳ AvCanada's Mentor Program
- ↳ I have a great deal of aviation experience in:
- ↳ Hicks & Lawrence Limited
- ↳ Hope Air
- ↳ Air Inuit
- ↳ Kivalliq Air/Keewatin Air
- ↳ NACair
- ↳ Prince Edward Air
- ↳ Best of AvCanada (Voting Forum)
- ↳ Buttonville flying club
- ↳ Canadian North
- ↳ PAL
- ↳ Peninsulair
- ↳ SkyRegional
- ↳ Jazz Private Forum
- ↳ Private Forum Info
- ↳ KENN BOREK AIR LTD.
- ↳ Investing Rumors
- Other Forums
- ↳ Aerobatics & Airshows
- ↳ Pictures from the airshow circuit
- ↳ Aviation Software & Devices
- ↳ AvCanada's Wall
- ↳ Around the Camp Fire
- ↳ Drones & UAS
- ↳ Health & Fitness
- ↳ Homebuilders