A fixture in northwestern Ontario airline industry is about to change hands.
Bearskin Airlines is being sold to Winnipeg-based Exchange Income for $32.5 million dollars.
President Harvey Friesen says the timing was right.
"Given the fact that our age is creeping up there, I've been with the business for forty years," says Friesen, "that this looked like a good way to carry on the company. The company's now 47 years old and hopefully we can carry on and become much older and create good stability for ourselves and our employees."
Friesen says the deal will not result in any layoffs or change in service.
Exchange also owns and operates CalmAir, Perimeter Air and Keewatin Air.
