▁Canadian ▁Airlines ▁rapidly ▁bu ying ▁up ▁regional ▁operators . ▁Air ▁Canada ▁acquired ▁Nord air ▁in ▁ 1 9 7 7 , ▁and ▁then ▁sold ▁it ▁in ▁ 1 9 8 4 ▁to ▁Canadian ▁Airlines . ▁Jet ▁service ▁to ▁I q al uit ▁Airport ▁continued , ▁but ▁under ▁the ▁Canadian ▁North ▁b anner , ▁which ▁was , ▁after ▁the ▁buy out ▁of ▁Canadian ▁Airlines ▁by ▁Air ▁Canada , ▁to ▁continue ▁operations ▁as ▁an ▁independent ▁air line , ▁joint ly ▁owned ▁by ▁the ▁In uit ▁of ▁the ▁North west ▁Territ ories ▁and ▁N un av ut . ▁Between ▁ 1 9 8 5 ▁and ▁ 1 9 8 8 ▁First ▁Air ▁added ▁four ▁Bo eing ▁ 7 2 7 s ▁to ▁link ▁Montreal ▁and ▁Ott awa ▁with ▁I q al uit . ▁Meanwhile , ▁Canadian ▁Airlines ▁failed , ▁and ▁was ▁taken ▁over ▁by ▁Air ▁Canada ▁in ▁ 2 0 0 0 . ▁In ▁ 1 9 9 5 ▁First ▁Air ▁purchased ▁the ▁small ▁Y ellow kn ife - based ▁car rier , ▁P t arm igan ▁Air ways ; ▁then , ▁in ▁ 1 9 9 7 , ▁North west ▁Territ orial ▁Air ways ▁( N WT ▁Air ), ▁Air ▁Canada ' s ▁Y ellow kn ife ▁subs idi ary . ▁In ▁acqu iring ▁N WT ▁Air ▁First ▁Air ▁obtained ▁two ▁ 7 3 7 - 2 0 0 ▁Com bis ▁and ▁a ▁Lock he ed ▁ 3 8 2 ▁Her cules . ▁ ▁Fac ilities ▁ 2 ▁hang ar / c argo ▁terminal s