The issuance of the order is a crucial milestone within the course of towards closing the transaction between WestJet and Sunwing
The WestJet Group issued a press release following the Government of Canada’s issuance of an order discovering that the proposed acquisition of Sunwing Vacations and Sunwing Airlines is within the public curiosity, taking into consideration sure measures.
“We are pleased that the regulatory review of the transaction is now complete,” stated Angela Avery, WestJet Group Executive Vice-President and Chief People, Corporate & Sustainability Officer.
“We thank the Minister of Transport and the Commissioner of Competition, and the staff of Transport Canada, the Competition Bureau, and the Canadian Transportation Agency, for their efforts to review the transaction.”
The issuance of the order is a crucial milestone within the course of towards closing the transaction.
WestJet
In 27 years of serving Canadians, WestJet has minimize 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.
Since the beginning of the pandemic the WestJet Group of Companies has constructed a layered framework of security measures to make sure Canadians can proceed to journey safely and responsibly by the airline’s Safety Above All hygiene program. During this time, WestJet has maintained its standing as one of many top-10 on-time airways in North America.
Sunwing Airlines
Sunwing Airlines Inc. is a Canadian low-cost airline headquartered in Toronto, Ontario. Sunwing Airlines presents scheduled and constitution companies from Canada and the United States to locations throughout the United States, Mexico, the Caribbean, Central America, and South America within the winter months. During the summer season months, the corporate presents home companies throughout Canada.
Sunwing Airlines is a subsidiary of Sunwing Travel Group, and its most important Canadian bases are Montréal-Pierre Elliott Trudeau International Airport, Toronto Pearson International Airport, and Vancouver International Airport.
The firm additionally operates seasonal flight companies from roughly 25 native Canadian gateways together with Calgary International Airport, Edmonton International Airport, Halifax Stanfield International Airport, Ottawa Macdonald–Cartier International Airport, Québec City Jean Lesage International Airport, and Winnipeg James Armstrong Richardson International Airport.
