Ottawa approves WestJet Airlines' acquisition of Sunwing

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WestJet got the go\u002Dahead to purchase Sunwing, the travel company that experienced severe chaos most recently during the holidays. Read on.

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In a statement, Transport Canada said it considered the delays experienced by travellers last summer, as well as the customer service and communications challenges by Sunwing during the recent holiday season, when it made its decision.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Among the approval conditions laid out by the government, WestJet must extend Sunwing vacation package offerings to five new Canadian cities, maintain capacity on routes most affected by the merger and increase regional connectivity.Ottawa assembles roundtable to figure out how to load grain ships when it rains in Vancouver

It said WestJet also needs to improve Sunwing’s baggage handling and maintain a vacations business head office in the Toronto area and a regional office in the Montreal area for a minimum of five years. It must also increase net employment by 20 per cent over three years in the Toronto office, as well as gradually end Sunwing’s seasonal leasing practice to protect Canadian jobs. Sunwing, a privately owned travel company based in Toronto, currently employs approximately 2,200 people.

 

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WestJet’s acquisition of Sunwing Airlines cleared for takeoff by Ottawa | Globalnews.caThe federal government has cleared the WestJet-Sunwing acquisition to go ahead despite concerns raised by Canada’s competition watchdog. One less competition WestJet can’t operate the way it is now without such a bad carrier as Sunwing making it worse. Ottawa meddling in business by dictating rules.
Source: GlobalNational - 🏆 81. / 51 Read more »