News   Apr 03, 2020
 6.1K     1 
News   Apr 02, 2020
 7.6K     3 
News   Apr 02, 2020
 4.5K     0 

Calgary International Airport

Depends if it includes the various different parts. Is this investment in WestJet the parent company or only WestJet the airline? If it is only the airline, there is also Sunwing Vacations Group (the merged vacation operator), and WestJet Rewards. Along with the seemingly defunct cargo division, and Encore.
There must be some other parts. According to a further point in the article, the deal puts today's value at $3.1 billion. Still less than the 3.5 Billion, but considering covid's affect, it cold be worse. Also it looks like this could put Westjet closer to full Skyteam membership.
 
There must be some other parts. According to a further point in the article, the deal puts today's value at $3.1 billion. Still less than the 3.5 Billion, but considering covid's affect, it cold be worse. Also it looks like this could put Westjet closer to full Skyteam membership.
Yeah I'd assume this sale is to set up their membership into Skyteam, given it's the 3 main groups of skyteam buying in.

Interestingly, the article notes that Onex has received over $600 million in dividends from WestJet since its purchase. So, with equity close to stable, they've roughly made money.
 
There must be some other parts. According to a further point in the article, the deal puts today's value at $3.1 billion. Still less than the 3.5 Billion, but considering covid's affect, it cold be worse. Also it looks like this could put Westjet closer to full Skyteam membership.
Hope so as well but they'd probably need to grow their widebody fleet for that to happen. Was surprised to see Korean take such a major stake, since I don't think they've done many of these deals compared to Delta. Korean Air said this is to enhance their Americas connectivity, I wonder if they'll launch a flight to YYC. Westjet's long haul service quality is still a step down compared to full-service carriers.

There's been a few flights of a Korean Air 787 business jet from Seoul to Calgary late last year, I guess that's what it was for!
 
Hope so as well but they'd probably need to grow their widebody fleet for that to happen. Was surprised to see Korean take such a major stake, since I don't think they've done many of these deals compared to Delta. Korean Air said this is to enhance their Americas connectivity, I wonder if they'll launch a flight to YYC. Westjet's long haul service quality is still a step down compared to full-service carriers.

There's been a few flights of a Korean Air 787 business jet from Seoul to Calgary late last year, I guess that's what it was for!
I see Skyteam has an airline (Tarom) that has only 737s. They're European based, so maybe it works with the widebodies. They also have Kenyan Airways with 9 x 789s. Make me think the Skyteam could happen.
 
I think SkyTeam membership is totally reasonable to predict sometime in the future.

As for YYC-ICN, I agree that daily year-round at some point is probably inevitable.
It would be nice for KE to operate the route instead of WS, allowing WS to redeploy that 787 elsewhere. However I highly doubt this would happen.
 
Yes, KE operating the ICN route and letting WS free up a 787 tail would be nice. And always good to get a new tail in YYC.

The Korean Air operated private 787 that was here a few times was apparently for a Samsung executive that has a kid going to school here in Canada. May not have been related to this news.
 
I recall a few years back KE was operating some flights to Calgary during the summer...something like once a week maybe? They were using an A330. Anyone recall that?
 
Korean use to operate summer charters. I think the last ones were in 2018?

Many of the summer seasonal routes come back online over the next 2 weeks including Condor, Edelweiss, along with new service (or resumed) to MEX, WS new to MSP.

AA seems to be the only airline operating to the US that hasn't scaled back any flights? They've done the opposite and keep adding additional capacity with double daily mainline service to ORD now extended to first week of November.
 
I always look forward to Edelweiss in the summer. It's nice such a nice fresh livery. I'm also hoping one of their new A350s ends up coming to Calgary.
 
New direct services Spring/Summer 2025, to summarize:
(The article didn't cover the 2 domestic destinations, but they're also new this season)

April 12th: Munich on 4Y (passed)
May 14th: Mexico City on WS (tonight)
May 16th: Minneapolis on WS
June 7th: LaGuardia on AA
June 9th: Raleigh/Durham on WS
June 10th: Sydney NS on WS
June 11th: Hamilton on PD
June 12th: Sudbury on WS
June 29th: Anchorage on WS

Pretty solid roster of new destinations this season. Hoping for more in S26 🤞
 
Last edited:
Story talks about Transborder only being down slightly at YYC compared to rest of Canada. One reason would definitely because WS is dropping flights in smaller Airports and moving the passengers to Calgary ie… YEG-ATL YLW-SEA and reducing other destinations and routing them here. I’m good with that. Keep the Fortress humming!
 

Back
Top