|Bid||30.71 x 0|
|Ask||30.72 x 0|
|Day's Range||30.70 - 30.73|
|52 Week Range||16.71 - 31.00|
|Beta (3Y Monthly)||-0.14|
|PE Ratio (TTM)||34.16|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||0.56 (1.82%)|
|1y Target Est||27.46|
CALGARY , July 16, 2019 /CNW/ - WestJet Airlines Ltd. (WJA.TO) ("WestJet" or the "Corporation") would like to remind holders ( "Shareholders") of common voting shares and variable voting shares (collectively, the "Shares") and holders ("Optionholders", and together with the Shareholders, "Securityholders") of stock options ("Options") of the Corporation that your vote is very important at the upcoming special meeting (the "Meeting") of Securityholders to be held on July 23, 2019 at 10:00 a.m. (Mountain time) at the WestJet Campus, Fred Ring building, 22 Aerial Place N.E., Calgary, Alberta . At the Meeting, Securityholders will be asked to consider and, if deemed advisable, to pass a special resolution (the "Arrangement Resolution") approving an arrangement (the "Arrangement") under Section 193 of the Business Corporations Act ( Alberta ) involving the Corporation, Kestrel Bidco Inc. (the "Purchaser"), an affiliate of Onex Corporation ("Onex"), and the Securityholders, pursuant to which, among other things, the Purchaser will, subject to the terms and conditions set out in the arrangement agreement between WestJet and the Purchaser dated May 12, 2019 , acquire all of the issued and outstanding Shares at a price of $31.00 per Share in cash (the "Consideration").
WestJet gives Canadians more options for travel savings with the new WestJet RBC® Mastercard‡ companion voucher
CALGARY , July 10, 2019 /CNW/ - WestJet (WJA.TO) ("WestJet" or the "Company") is pleased to announce that independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), have both recommended shareholders vote FOR the proposed acquisition of WestJet by Onex Corporation ("Onex") at the upcoming special meeting (the "Meeting") of shareholders and optionholders (collectively, "Securityholders") of WestJet being held on July 23, 2019 at 10:00 a.m. (Mountain Time) at the WestJet Campus, Fred Ring building, 22 Aerial Place N.E., Calgary, Alberta .
WestJet, Delta Air Lines obtain clearance from the Canadian Competition Bureau for transborder joint venture
WestJet and Onex entered into a definitive agreement on May 12, 2019 , for the proposed acquisition of WestJet by Onex under a plan of arrangement pursuant to which each outstanding share of WestJet will be exchanged for $31.00 in cash (the "Arrangement").
CALGARY , June 20, 2019 /CNW/ - WestJet's newest air service, WestJet Link is celebrating carrying more than 195,000 guests in its first year of operation between Calgary and five cities in British Columbia and Alberta . Since its inception last June, WestJet Link has operated over 7,000 flights between WestJet's home and largest hub in Calgary to Cranbrook , Lethbridge , Lloydminster , Medicine Hat and Prince George .
Canadian airlines and flight crews are forbidden to consume cannabis for at least 28 days before going on duty, the country's transportation regulator said on Thursday. Transport Canada's new policy, which is effective immediately, says no person should work while "under the influence of any drug," according to statement posted on its website. Canada became the first developed country in the world to legalize cannabis in October 2018.
CALGARY , June 6, 2019 /CNW/ - As WestJet's network continues to grow globally so do the needs of guests who travel the most. With business travellers and frequent flyers often away from home, WestJet's Flight Light will let kids watch their parents flight in real-time and show them just how close they are to arriving home. "Caring for our guests also means caring for the ones they love and with Flight Light we hope to bring more comfort and joy to parents and their children during their travel journeys," said Richard Bartrem , WestJet's Vice-President, Marketing Communications.
Real estate developer Group Mach Inc said on Tuesday it offered to acquire Canadian tour operator Transat AT Inc for C$527.6 million ($392.9 million), topping an earlier offer from Air Canada. A deal with Transat would help Mach expand in the leisure and hospitality business by leveraging its expertise to ramp up the development of Transat's hotel chains. Mach said it would take Transat private at C$14 per share in cash, C$1 more than Air Canada's all-cash offer that valued the parent company of leisure carrier Air Transat at C$520 million.
All airlines flying in and out of Canada will be required to compensate travelers for incidents like denied boarding or lost luggage, starting on July 15, Transport Minister Marc Garneau said at Pearson International Airport outside Toronto on Friday. The passenger bill of rights, first announced two years ago, will be phased in, with more complex requirements related to flight delays and cancellations to come into force on Dec. 15, Garneau said, following complaints from airlines that they would have difficulty meeting the July deadline. Airlines have come under increased scrutiny from regulators and the public for incidents such as lost luggage and overbooking, after a 2017 video of a passenger being dragged off a United Airlines flight in Chicago went viral, generating public outrage.