WestJet buyout, Air Transat-Air Canada talks — how they could impact prices and travel

WestJet buyout, Air Transat-Air Canada talks — how they could impact prices and travel

Canada’s aviation industry is potentially seeing some major shakeups.On Monday, it was revealed that Toronto-based Onex Corp. will buy WestJet Airline

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Canada’s aviation industry is potentially seeing some major shakeups.On Monday, it was revealed that Toronto-based Onex Corp. will buy WestJet Airlines Ltd.And on Thursday, it emerged that Air Canada is in exclusive talks to buy Air Transat and numerous associated vacation travel businesses.READ MORE: Onex takeover of WestJet could bring more business-class choice, flights to AsiaInvestment company Onex’s $5 billion buyout of WestJet is set to be completed — subject to a number of conditions, including court, regulatory and shareholder approvals — in the latter part of 2019 or early 2020.WATCH: How airlines set ticket prices

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