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WestJet is be sold to the Onex Corporation becoming a privately-held airline
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) المزيد...
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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.
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!
Greed first clients somewhere down around 53rd in customer service priority. This is the death of West Jet.
Sell sell sell!!
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...
And Air Canada has published wedding banns with Air Transat.
