The issuance of the order is a vital milestone within the course of towards closing the transaction between WestJet and Sunwing
The WestJet Group issued an announcement following the Authorities of Canada’s issuance of an order discovering that the proposed acquisition of Sunwing Holidays and Sunwing Airways is within the public curiosity, considering sure measures.
“We’re happy that the regulatory evaluate of the transaction is now full,” mentioned Angela Avery, WestJet Group Govt Vice-President and Chief Individuals, Company & Sustainability Officer.
“We thank the Minister of Transport and the Commissioner of Competitors, and the workers of Transport Canada, the Competitors Bureau, and the Canadian Transportation Company, for his or her efforts to evaluate the transaction.”
The issuance of the order is a vital milestone within the course of towards closing the transaction.
In 27 years of serving Canadians, WestJet has reduce airfares in half and elevated the flying inhabitants in Canada to greater than 50 per cent. WestJet launched in 1996 with three plane, 250 workers and 5 locations, rising through the years to greater than 180 plane, 14,000 workers and greater than 100 locations in 23 nations, pre-pandemic.
Because the begin of the pandemic the WestJet Group of Corporations has constructed a layered framework of security measures to make sure Canadians can proceed to journey safely and responsibly by the airline’s Security Above All hygiene program. Throughout this time, WestJet has maintained its standing as one of many top-10 on-time airways in North America.
Sunwing Airways Inc. is a Canadian low-cost airline headquartered in Toronto, Ontario. Sunwing Airways provides scheduled and constitution companies from Canada and america to locations inside america, Mexico, the Caribbean, Central America, and South America within the winter months. In the course of the summer season months, the corporate provides home companies throughout Canada.
Sunwing Airways is a subsidiary of Sunwing Journey Group, and its primary Canadian bases are Montréal-Pierre Elliott Trudeau Worldwide Airport, Toronto Pearson Worldwide Airport, and Vancouver Worldwide Airport.
The corporate additionally operates seasonal flight companies from roughly 25 native Canadian gateways together with Calgary Worldwide Airport, Edmonton Worldwide Airport, Halifax Stanfield Worldwide Airport, Ottawa Macdonald–Cartier Worldwide Airport, Québec Metropolis Jean Lesage Worldwide Airport, and Winnipeg James Armstrong Richardson Worldwide Airport.