Wednesday, June 7, 2023

WestJet Completes Acquisition of Sunwing – Avion Review International

WestJet Group announced the completion of the acquisition process for Sunwing Vacations and Sunwing Airlines, which it had announced would take place in March 2022.

This purchase will allow the group to offer more choice, competitive airfares and more direct access to Canadian travelers, strengthening the leisure travel segment. In addition, the transaction will position Sunwing to continue its growth across Canada and allow the newly merged company to protect jobs.

“As we set out our new strategic trajectory for WestJet Group, greater investment in leisure and sunshine in Canada is a key driver for growth,” said Alexis von Hohensbrocht, WestJet Group Chief Executive Officer.

With regard to operations, the airlines will remain independent and strengthen the experience for its customers. Later, and as the transition from competitors to affiliates progresses, plans will be made to position Sunwing as part of the WestJet group.

As such, Sunwing Airlines and Vacations will add its 18 Boeing 737 aircraft as well as 2,000 employees to the group and gain the feel of being the largest vacation tour operator in Canada.

“The combination of our complementary businesses is an important milestone that allows us to accelerate our growth plans and provide Canadians with more affordable holidays to more destinations than ever before,” said Stephen Hunter, WestJet Group Chief Executive Officer of the Vacations Business. will allow.” “I am delighted to join forces with WestJet, and in doing so, we are creating more opportunities for our people and providing more value to Canadian travelers.”

The group’s new combined tourism businesses will be headquartered in Toronto, Ontario, and will maintain an additional office in Montreal. In the coming years, the facility is expected to feature new flights and new job opportunities, among other sources of growth.

Social communicator and journalist with a master’s degree in politics from the Sergio Arboleda University of Bogotá. Having held various positions in the airline industry for over seven years, he is an expert in commercial and private aviation. Likewise, he is very interested in the development of sustainability issues and the use of new eco-friendly technologies in the aviation sector. Favorite Aircraft: MD-11 freighter

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