Both companies will continue to be marketed separately, but takeover open the door for Westjet to expand its vacation package offerings.
The federal government gave the thumbs-up Friday to WestJet Airlines’ takeover of Sunwing Airlines and Sunwing Vacations in a major consolidation of the Canadian aviation market following a tumultuous year for travel.
Last fall the Competition Bureau warned that the purchase by Canada’s second-biggest airline would likely result in higher prices and decreased services, particularly around package deals. WestJet and Sunwing have previously said their tour operations will be merged at the leisure carrier’s current home base of Toronto, while WestJet will manage Sunwing Airlines from its Calgary headquarters.
“The proposed transaction will result in one of Canada’s largest integrated tour operators being acquired by one of its primary rivals in the provision of vacation packages,” it stated.
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