IAT Leasing has acquired two 2009-vintage Boeing 737 aircraft from Dubai Aerospace Enterprise (DAE), comprising one 737-800 and one 737-700, both on lease to WestJet. The aircraft were purchased on behalf of funds managed by two existing US investors through a co-investment structure, marking the first use of this model for an aircraft acquisition on […]
IAT Leasing adds WestJet 737s to portfolio Read More »
WestJet has disclosed the planned retirement of Diederik Pen, Executive Vice-President and Chief Operating Officer of WestJet Group, and President of WestJet Airlines. His departure is expected no later than the first quarter of 2027, subject to the appointment and onboarding of his successor. Until then, Pen will continue to oversee the airline and lead
WestJet President Diederik Pen to step down and retire Read More »
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., (CDB Leasing), has delivered three Boeing 737-8 aircraft to its existing customer, Calgary-based carrier WestJet. These latest-generation 737-8 aircraft will strengthen WestJet’s narrow-body fleet, deliver improved fuel efficiency and provide affordable, flexible travel options for the airline’s guests, including satellite-supported Wi-Fi.
CDB Aviation delivers three Boeing 737-8 aircraft to WestJet Read More »
Onex Partners and WestJet have finalised the sale of minority equity stakes in the Canadian carrier to Delta Air Lines, Korean Air, and Air France-KLM. The sale marks a new chapter in WestJet’s international partnerships while keeping control with Onex Partners, the private equity platform of Onex Corporation. The transaction, first announced on May 9,
Global airline giants take minority stakes in WestJet Read More »
WestJet has announced a major investment in its on-board guest experience with the introduction of a new cabin interior and enhanced amenities. The airline aims to create a cohesive look and feel across its aircraft that previously offered only economy seating. As part of the upgrade, Premium seating will now be added to these planes,
WestJet invests in cabin upgrade with new seating and Wi-Fi Read More »
Boeing and WestJet have announced that the Canadian airline will purchase 67 additional Boeing aircraft—comprising 60 737-10 jets with, options for 25 more, along with seven 787-9 jets,with options for four more—bringing its confirmed order to 123 as it expands its fleet and both domestic and international networks. “With the addition of these aircraft, WestJet
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Delta Air Lines and Korean Air will deepen their respective partnerships with WestJet by acquiring minority equity stakes in the Canadian airline from Onex Partners, a Canadian investment and alternative asset management firm. Affiliated funds and co-investors of the Onex Group are also expected to participate in the sale alongside Onex Partners. These investments build
Delta and Korean to buy 25% stake in WestJet for US$550 million Read More »
Trax, a global provider of paperless aviation maintenance and engineering software, has announced the successful transition of WestJet to a paperless and mobile fleet maintenance operation. This achievement is part of WestJet’s ongoing digital transformation journey, supported by Trax’ advanced software solutions. WestJet has implemented the web-based eMRO version along with multiple eMobility apps—hosted on
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The WestJet Group has announced the acquisition of three more Boeing 737 MAX 8 aircraft from SMBC Aviation Capital. This addition comes on top of the six new Boeing 737 MAX 8 aircraft announced earlier this summer. Mike Scott, Executive Vice-President and Chief Financial Officer of WestJet Group, expressed enthusiasm about the fleet expansion, highlighting
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BOC Aviation has placed three used Boeing 737-8 aircraft with longstanding customer the WestJet Group (WestJet). All three aircraft are powered by CFM LEAP-1B engines and are scheduled for delivery in 2024. “We are delighted to welcome WestJet, one of Canada’s major airlines, back to our customer base. This deal is a testament to our
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