Exchange Income Corporation (EIC), an aviation and manufacturing holding, has signed a binding agreement to acquire Bradley Air Services, trading as Canadian North (5T, Yellowknife), from Makivvik and the Inuvialuit Development Corporation for CAD205 million Canadian dollars (USD144 million). The transaction excludes a single route, which will be taken over by Air Inuit.

“We love the North and have become a leading operator in this unique region over many years, which started with our very first acquisition,…

Source: ch aviation
Read more: Exchange Income Corp buys Canadian North for C5mn