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Westjet sold to private company #194858
05/14/2019 07:01 PM
05/14/2019 07:01 PM
Joined: Jul 2015
Posts: 740
Cobourg Ontario Canada
J
jeepers Offline OP
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jeepers  Offline OP
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J
Joined: Jul 2015
Posts: 740
Cobourg Ontario Canada
I wonder what this will mean to prices to SXM! A gentleman in Toronto whose company is Onex has purchased the airline for 5 billion Canadian dollars. Wow!

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Re: Westjet sold to private company [Re: jeepers] #194865
05/14/2019 07:32 PM
05/14/2019 07:32 PM
Joined: Feb 2007
Posts: 223
CANADA
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LINNY Offline
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LINNY  Offline
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Posts: 223
CANADA
From what I understand, this is not a done deal. The shareholders vote on it in July.

Re: Westjet sold to private company [Re: LINNY] #194870
05/14/2019 07:55 PM
05/14/2019 07:55 PM
Joined: May 2002
Posts: 3,242
Kennys Online content
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Kennys  Online Content
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Please keep use posted . We have our two children there.

Re: Westjet sold to private company [Re: Kennys] #194871
05/14/2019 08:11 PM
05/14/2019 08:11 PM
Joined: Jul 2015
Posts: 740
Cobourg Ontario Canada
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jeepers Offline OP
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jeepers  Offline OP
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Posts: 740
Cobourg Ontario Canada
According to Global News a deal has been signed.

Re: Westjet sold to private company [Re: jeepers] #194874
05/14/2019 09:22 PM
05/14/2019 09:22 PM
Joined: Oct 2017
Posts: 355
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SammyM Offline
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Maybe they'll be a positive outcome to this. Maybe WestJet will fly to the Caribbean and SXM more than just a few days per week (like they do now). Maybe daily flights will be offered. Would be wise to keep a close watch on pricing, however. I don't believe Air Canada flies directly to PJIA. WestJet has had this pretty much there way in the past.

Re: Westjet sold to private company [Re: jeepers] #194877
05/14/2019 09:51 PM
05/14/2019 09:51 PM
Joined: Apr 2003
Posts: 503
Toronto, Ontario, Canada
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Toronto_Frank Offline
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Joined: Apr 2003
Posts: 503
Toronto, Ontario, Canada
The deal still has to be ratified by shareholders and meet regulatory requirements, etc. Air Canada does fly to SXM during high season, two days a week from Toronto, Air Transal and Sunwing also have flights during high season. Sunwing may also have weekly year round flights.

Re: Westjet sold to private company [Re: jeepers] #194881
05/14/2019 10:30 PM
05/14/2019 10:30 PM
Joined: Jan 2013
Posts: 232
Okanagan Valley, BC, Canada
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jaxon60 Offline
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Posts: 232
Okanagan Valley, BC, Canada
As Toronto_Frank says, the deal isn't done yet.

per the CBC:
"The deal, announced on Monday, still needs to jump through several hurdles, including regulatory and shareholder approval."

https://www.cbc.ca/news/business/westjet-purchase-onex-expansion-headquarters-1.5135190



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Re: Westjet sold to private company [Re: jaxon60] #195179
05/17/2019 07:21 PM
05/17/2019 07:21 PM
Joined: Jan 2008
Posts: 12,767
Ottawa, Ontario, Canada
islandgem Offline
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islandgem  Offline
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Ottawa, Ontario, Canada
That is true. No deal yet but it looks like it will happen. I hope they have some bigger planes flying every day to SXM with direct flights from Ottawa like they did many years ago.



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Re: Westjet sold to private company [Re: islandgem] #195186
05/17/2019 08:13 PM
05/17/2019 08:13 PM
Joined: May 2002
Posts: 3,242
Kennys Online content
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Kennys  Online Content
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Thanks for the update.


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