Announced
Onex-backed WestJet Airlines to acquire Sunwing Travel Group.
Synopsis
Onex-backed WestJet Airlines, a budgeted carrier, agreed to acquire Sunwing Travel Group, a travel company. Financial terms are not disclosed. “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,” Alexis von Hoensbroech, WestJet CEO.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.