Authorities ignores recommendation of its personal Competitors Bureau in Air Canada takeover of Transat
CALGARY, AB, Feb. 11, 2021 /CNW/ – The federal government of Canada on Thursday night authorized the acquisition of Transat by Air Canada, with out vital cures.
“This choice exhibits blatant disregard for all Canadians who imagine in wholesome competitors,” stated Ed Sims, WestJet President and CEO. “When Canadians look to discover the world and reunite with household and buddies as soon as once more, they may face fewer selections and better fares.”
The federal government’s personal Competitors Bureau said regarding the proposed buy, “Eliminating the rivalry between these airways would lead to elevated costs, much less alternative, decreases in service and a big discount in journey by Canadians on a wide range of routes the place their current networks overlap.”
“It’s laborious to think about a deal as anti-competitive in any trade the place the primary participant buys quantity three with out significant cures,” continued Mr. Sims. “It is a severe setback to Canada’s financial system. The Competitors Bureau themselves described such beauty cures as insufficient. Canadians must be profoundly dissatisfied.”
For the reason that begin of the pandemic the WestJet Group of Corporations has constructed a layered framework of security measures to make sure Canadians can proceed to journey safely and responsibly via the airline’s Safety Above All hygiene program. Throughout this time, WestJet has maintained its standing as one of many top-10 on-time airways in North America as named by Cirium.
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Current recognition contains:
2021 5 Star Main Airline (APEX)
2020/2019 Quantity-One Ranked Canadian Airline Loyalty Program in Member Engagement (Bond Model Loyalty)
2019/2018/2017 Finest Airline in Canada (TripAdvisor Travellers’ Selection awards for Airways)
2019 Winner Amongst Mid-Sized Airways in North America (TripAdvisor Travellers’ Selection awards for Airways)
2019/2018 Quantity-One-Ranked Airline Credit score Card in Canada (Rewards Canada)
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