18:32:20 EDT Tue 16 Apr 2024
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CA



WestJet Airlines Ltd
Symbol WJA
Shares Issued 114,072,191
Close 2018-06-21 C$ 19.69
Market Cap C$ 2,246,081,441
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FP/CP say WestJet, others see Flair heading to Edmonton

2018-06-21 07:06 ET - In the News

Also In the News (C-AC) Air Canada

The Financial Post reports in its Thursday edition that ultralow-cost Flair Airlines is moving its headquarters from Kelowna to Edmonton. A Canadian Press dispatch to the Post quotes Flair chief executive officer David Tait as saying that the change makes sense because most of the company's flights already go through Edmonton International Airport. Mr. Tait says the move would bring 75 jobs to Edmonton. He says that number is expected to increase to 300 in the coming years. The announcement Tuesday came a day before Calgary-based WestJet's low-cost carrier Swoop was set to make its maiden flight from Hamilton, Ont., to Abbotsford, B.C. "As one of the fastest growing cities in the country, the community [Edmonton] and the airport are uniquely positioned to support our ongoing growth," Mr. Tait said in a statement Tuesday. Flair has been operating since 2005, acting as a charter airline mainly used by energy companies. In 2016, the company began operating flights for NewLeaf; it bought out NewLeaf last year.

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