CLOs on the Move

Incorporated by Wasaya Corporation (now Wasaya Group Inc) in 1989 for a requesting group of Northwestern Ontario First Nations, whose purpose was to acquire controlling interest in what was known as Kelner Airways. In the fall of 1998, Wasaya Airways purchased the remaining common shares and this enabled Wasaya Corporation to hold 100 % ownership of Wasaya Airways LP, thus making it 100% First Nation owned.