WestJet, one of Canada’s largest airlines, is considering an initial public offering (IPO) as part of its long-term strategic roadmap. The update was shared by Onex Corporation, the airline’s parent company, which has described a public offering as a “natural path” for the airline’s continued evolution and expansion.
Transat AT, a Canadian leisure airline and tour operator, has entered into an agreement in principle with the Canada Enterprise Emergency Funding Corporation (CEEFC) to restructure the significant debt it incurred during the COVID-19 pandemic. The debt was provided under the Large Enterprise Emergency Funding Facility (LEEFF)program, which was launched to assist major Canadian companies affected by the crisis.
WestJet, the Canadian carrier, has taken delivery of a Boeing B737-8 under lease, featuring manufacturer serial number 43301. The aircraft is powered by LEAP-1B27 engines, manufactured by CFM International, and is the latest addition to the airline’s growing 737 MAX fleet.
Chorus Aviation, based in Canada, has concluded the final phase of its substantial issuer bid by repurchasing 471,319 shares at a price of US$15.10 per share, resulting in an aggregate purchase value of approximately $7.1 million. The buyback was conducted as part of the company’s capital return strategy to enhance shareholder value.
Cargojet, a leading Canadian air cargo carrier, has expanded its fleet with the delivery of one Boeing 767-300BDSF freighter. The aircraft carries manufacturer serial number 29617 and is powered by CF6-80C2B7F engines produced by GE Aviation. This addition is part of the airline’s strategic plan to bolster its medium- and long-haul cargo operations across North America and international markets.
Chrono Aviation, a Canadian charter and cargo operator, has expanded its fleet with the delivery of a Boeing 737-800, carrying manufacturer serial number 30631. The aircraft is powered by CFM56-7B26 engines, a reliable and widely used engine model produced by CFM International. This delivery underscores Chrono Aviation’s ongoing fleet modernization and capacity enhancement strategy.
Air Canada has expanded its narrowbody fleet with the delivery of a Boeing 737-8, carrying manufacturer serial number 66479. The aircraft is powered by LEAP-1B27 engines, manufactured by CFM International, and joins the airline’s growing number of next-generation narrowbody jets designed to support its domestic and transborder operations.
WestJet, the Canadian low-cost and leisure airline, has expanded its narrowbody fleet with the delivery of a Boeing B737-800, serial number 39959, which is powered by CFM56-7B26 engines. The aircraft has been added to the airline’s fleet on lease, as part of its ongoing growth and fleet renewal strategy.
Air Canada has expanded its narrowbody fleet with the addition of a Boeing 737-8, serial number 63388, on lease and powered by LEAP-1B27 engines. The delivery marks another step in the airline’s broader fleet modernization strategy aimed at enhancing efficiency and reducing emissions.
Magellan Aerospace has announced a significant step in its long-standing collaboration with Pratt & Whitney Canada, securing a mix of contract extensions and fresh manufacturing program awards. These developments reflect a strengthening of ties between the two companies, enhancing Magellan’s role in the supply chain of one of the most prominent aircraft engine manufacturers in the world.
