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WestJet is be sold to the Onex Corporation becoming a privately-held airline

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WestJet Airlines Ltd. announced today it has entered into a definitive agreement that provides for its acquisition in an all-cash transaction. Under the terms of the agreement, Onex Corporation and its affiliated funds will acquire all outstanding shares of WestJet for $31.00 per share, after which WestJet will operate as a privately-held company. (worldairlinenews.com) Mais...

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canuck44
canuck44 5
Don't be surprised if the current culture of WestJet disappears along with the name creating an opening for a new low cost airline between major points. Just because you own an airline doesn't mean you can run it...as proven many times before.
Cansojr
Cansojr 1
canuck44 I am going to borrow a great phrase for ONEX. JUST BECAUSE YOU OWN AN AIRLINE FINALLY DOESN'T MEAN YOU CAN RUN IT. THIS IS GOING TO BE A MESS. GREAT LINE DOCTOR!
Cansojr
Cansojr 1
Greed first clients somewhere down around 53rd in customer service priority. This is the death of West Jet.
keithkeith101
keith coulstring 1
What he does time and time again..Buys a company splits it up in pieces.Then sells it.private company..No problem no shareholders .Like Irving...
JBI2k4
J B 1
And Air Canada has published wedding banns with Air Transat.
quistian
Sell sell sell!!
Highflyer1950
Highflyer1950 1
Gerry gets his airline?
kenoraeagle
DAVID MCKIE 0
Sure hope it doesn't affect service and cost. I prefer Westjet over Air Canada but if the cost to travel goes up, there goes my loyalty!!
Cansojr
Cansojr 0
Hi David the new owners are cut throats when it comes to decency. canuck44 is absolutely right.
DanWardlaw
DanWardlaw -6
As long as they don't start adding Airbus's to Westjet's fleet I don't mind. Those things are worse than the MAX.
canuck44
canuck44 0
ONEX will look at the Canadian Airbus if any of them especially if they can get YTZ opened up for jet traffic.

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