WestJet Shows Q2 Profitability As Onex Takeover Nears

Credit: WestJet
Canada’s WestJet reported a return to profitability in the 2019 second quarter (Q2), the same day an Alberta superior court approved its proposed takeover by Toronto-based private-equity firm Onex Capital. WestJet posted a C$44.3 million ($33.6 million) profit in Q2, a reversal of the company’s C$15...

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