A bombshell was dropped Monday in Canada’s aviation industry, with Westjet announcing it would be sold to private equity firm Onex Corporation.
Westjet sold to Onex, will go private
Sunday Reader: Canada’s airports generate $4 billion in revenues in 2018
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.
Vancouver airport chief confronted over worker rights at Annual Public Meeting
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 weaker than expected results surprise corporate masters
Swoop’s shoulder-season – its first fall and winter of operations – produced less-than-expected results for the ultra low-cost carrier.
Westjet delivers first quarter profit increase, begins plans for Asian partnership
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 receives first A321LR in transition to all-Airbus fleet
Air Transat has received the first of 15 Airbus A321LR aircraft as it transitions to an all-Airbus fleet.