Exchange Income Corporation was a company created in 2004 and since that time, it has gone on a tear in terms of acquisitions. It first acquired Perimeter Airlines and now owns Keewatin Air, Calm Air and just bought Bearskin Airlines, a Sioux Lookout-based airline.
Winnipeg has had a few major airlines call the city home over the years. Air Canada originally had its head office in Winnipeg. Transair was based in the city until 1979.
While the name of Exchange Income Corporation is boring in the extreme, it is good that the city is getting back to its roots as center for the airline industry.
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