Canadian airline shake-up

For discussion of what our real world counterparts and other airlines are doing in the world.
Post Reply
UAL008 Kevin Finch
VP Events
Posts: 282
Joined: April 25th, 2016, 11:52 pm
Location: Halifax, Nova Scotia, Canada
Contact:

Canadian airline shake-up

Post by UAL008 Kevin Finch » May 16th, 2019, 8:56 am

WestJet, which started out as a loose impersonation of Southwest, is up for sale. Onex, a private investors group, is offering $5B for the airline. They failed to buy Air Canada / Canadian Airlines about 20 years ago. Calgary-based WestJet is favourable to the deal but it's up to shareholders now. Like Southwest, WestJet built their airline on the venerable 737 although they have expanded to include 767s and 787s. Their Encore subsidiary flies Q400s. They launched a "no frills" economy airline - Swoop - last year.

Air Canada is making an offer for Air Transat, primarily a low-cost holiday charter airline, for $520M. They recently took delivery of their first A321neoLR. They have 40 aircraft, mainly Airbus.

WestJet and Air Transat say it's business as usual for now.
Image
Image

UAL008 Kevin Finch
VP Events
Posts: 282
Joined: April 25th, 2016, 11:52 pm
Location: Halifax, Nova Scotia, Canada
Contact:

Re: Canadian airline shake-up

Post by UAL008 Kevin Finch » June 29th, 2019, 8:55 pm

Update: the Air Transat board accepted Air Canada's takeover proposal; now, it goes for government approval, looking at whether there would still be enough competition in the marketplace if the merger goes through.
Image
Image

UAL007 Jonathan Kost
VP of Scheduling
Posts: 188
Joined: September 17th, 2013, 12:21 am

Re: Canadian airline shake-up

Post by UAL007 Jonathan Kost » July 2nd, 2019, 12:37 pm

Now it just became that much more expensive to fly inter-Canada. It's cheaper round-trip from DFW-YVR than it is is one way YVR-YEG. Freaking whacked.
Image

Post Reply