A bombshell was dropped Monday in Canada’s aviation industry, with Westjet announcing it would be sold to private equity firm Onex Corporation.
Figures compiled by Western Aviation News show Canada’s airports raked in more than $4 billion in revenues in 2018, and generated more than $250 million in profits. The first of four parts.
Union members confronted Vancouver International chief executive Craig Richmond at the authority’s annual public meeting over contract changes that could see more than 90 people lose their jobs.
Swoop’s shoulder-season – its first fall and winter of operations – produced less-than-expected results for the ultra low-cost carrier.
Westjet delivered a 33% increase in profits in the first quarter, flying a record 6.3 million guests in the first three months of 2019.
Air Transat has received the first of 15 Airbus A321LR aircraft as it transitions to an all-Airbus fleet.