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Posts tagged Airlines
WEEKLY NEWS | WEST JET SOLD

The Calgary based airline, who was approached by the Onex Corp, a Toronto-based company, in March has now been sold, which came as a surprise since WestJet was not looking to sell, and Onex was not looking to purchase. Sold for $5 billion including the debt, West Jet will operate privately as of late 2019 to early 2020,. With the new agreement Onex will pay $31 per share, or $3.5 billion, for WestJet.

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WEEKLY NEWS | Boeing 737 - Air Canada Updates

Air Canada announced that with the removal of the 737 Max 8’s from their fleet schedule, they would be accommodating all affected routes until at least July 2019 with updated changes. They had since updated their April and May schedule and are looking to do so up until at least July. Air Canada’s cancellation and rebooking policies are in place with full fee waiver for affected customers.

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