Wednesday April 1, 2020
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Travelweek

Onex Corporation

“This is the new WestJet”: Agents and new Dreamliner celebrated at partner awards

When it comes to investments, WestJet has made three in particular that have paid off in a big way: its product, its people, and its partners.
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The industry watches, and waits: the proposed Air Canada-Transat deal

The travel industry was still abuzz about the proposed acquisition of WestJet by private equity firm Onex Corp. when word came down that Air Canada was looking to buy Transat.
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From the first headlines to done deal: WestJet’s acquisition by Onex

Back in 1999, when Onex Corporation wanted to merge Air Canada and Canadian Airlines in a $1.8 billion deal, Air Canada came out on top with its $92 million acquisition of the struggling carrier.
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Canada Jetlines signs letter of intent with Global Crossing Airlines

Canada Jetlines is teaming up with a developing U.S.-based charter airline in an effort to recoup its losses.
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Onex, WestJet sign off on $5 billion acquisition deal

Onex Corporation and WestJet have signed off on their deal following the final regulatory approval by the Canadian Transportation Agency of its determination under the Canada Transportation Act.
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Air Canada challenges Onex’s WestJet takeover

The latest twist in the drama surrounding Canada’s biggest airlines has Air Canada filing a challenge with the country’s transport regulator over WestJet Airlines Ltd.’s acquisition by Onex Corp.
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WestJet and Onex get the go-ahead from Canadian Competition Bureau

The Canadian Competition Bureau has given Onex Corporation the green light to acquire WestJet.
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WestJet swings to profit in Q2, Onex deal approved by Queen’s Bench of Alberta

WestJet Airlines Ltd. says it swung to a profit in the second quarter ahead of Onex Corp. taking the airline private in a $3.5-billion deal.
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WestJet’s proposed deal with Onex gets 92.5% approval

A commanding majority of WestJet’s shareholders and optionholders have voted to approve the airline’s acquisition by Onex.
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Shareholders encouraged to vote ‘yes’ to Onex-WestJet deal

Analysts have recommended to shareholders to give the greenlight on Onex’s acquisition of WestJet, making the deal one step closer towards finalization.
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U.S. Coast Guard says stranded cruise ships must stay at sea “indefinitely”
U.S.-Coast-Guard-says-stranded-cruise-ships-must-stay-at-sea-indefinitely-2
Dozens of cruise ships are still stranded at sea as entry restrictions tighten with border closures and diminishing...
TICO provides more details on changes to Travel Industry Act
TICO-provides-more-details-on-changes-to-Ontarios-Travel-Industry-Act
TICO is providing follow up details to this week's amendments by the Ontario government to the Travel Industry Act...
Changes welcome, says ACTA, but Comp Fund model still needs update
Travel-Industry-Act-changes-are-welcome-says-ACTA-but-Comp-Fund-model-still-needs-update
Although ACTA has welcomed yesterday’s news of changes to the Travel Industry Act, it still remains “very...
SUPPLIER COVID-19 UPDATES: Airlines, cruise lines, hotels and tour ops
SUPPLIER COVID-19 UPDATES: Airlines, cruise lines, hotels and tour ops
Travel advisories from governments in Canada, the U.S. and countries around the world warning against non-essential...
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