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WestJet to Acquire Sunwing Vacations and Sunwing Airlines

WestJet to Acquire Sunwing Vacations and Sunwing Airlines

By Ambia Staley

WestJet is adding to its fleet, as it announced earlier today that it plans to acquire Sunwing Vacations and Sunwing Airlines.

"This combination brings together Canada’s two original low-cost carriers and positions us to accelerate growth in value-oriented travel, already the fastest growing segment of the airline market. It creates new opportunities for our people, our operational partners and supports the recovery from a global pandemic that has been particularly challenging for the Canadian travel and tourism industry including local airports and businesses we work closely with," said Alexis von Hoensbroech, CEO of WestJet.

This new deal combines both Sunwing Vacations and WestJet Vacations Inc. into a new tour operating group led by Sunwing CEO Stephen Hunter. Sunwing’s current shareholders will become equity holders in the WestJet Group.

WestJet noted in their press release that this deal will give Canadian travellers access to more competitive airfares and affordable vacation packages through the combined strength of the companies.

As a result of this deal, Toronto-based Sunwing expects to no longer require the pandemic-related aid it received from the Canadian government in 2021.

Financial details of this deal were not disclosed. It remains subject to receipt of regulatory approvals and is anticipated to close in late 2022.

2 Comments

    • Party flight was beginning of end for S/W.

      This won't make them any better.
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    • So less consumer options means cheaper travel prices? Competition regulatory Bureau gonna drink the kool aid on this one.
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