WJA.TO - WestJet Airlines Ltd.

Toronto - Toronto Delayed Price. Currency in CAD
30.82
+0.03 (+0.10%)
As of 12:33PM EDT. Market open.
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Previous Close30.79
Open30.79
Bid30.82 x 0
Ask30.83 x 0
Day's Range30.79 - 30.84
52 Week Range16.71 - 31.00
Volume274,854
Avg. Volume653,233
Market Cap3.561B
Beta (3Y Monthly)-0.14
PE Ratio (TTM)21.66
EPS (TTM)1.42
Earnings DateOct 29, 2019
Forward Dividend & Yield0.56 (1.82%)
Ex-Dividend Date2019-09-10
1y Target Est27.46
  • Transportation watchdog launches inquiry after WestJet bumps passengers
    The Canadian Press3 days ago

    Transportation watchdog launches inquiry after WestJet bumps passengers

    OTTAWA — Canada's transportation watchdog is launching an inquiry into how WestJet Airlines Ltd. handles its passengers during schedule changes after an incident last month saw travellers bumped without compensation.The Canadian Transportation Agency says the probe into WestJet's tariff — its contract with customers — follows a complaint after a Canadian couple en route to Italy were bumped from their flight out of Edmonton.According to media reports, WestJet told the pair they were not entitled to compensation because the incident amounted to a "flight delay" rather than a "denial of boarding."Under Canada's passenger bill of rights — partially implemented on July 15, a week before the flight — airlines have no obligation to pay customers for delays or cancellations considered out of its control. Delays within its control many not require compensation until Dec. 15, when the second phase of regulations comes into force.Passenger rights advocate Gabor Lukacs says the incident underscores loopholes in the new rights regime — maybe more so than WestJet's tariff — adding that it is unfortunate it took a media report to prompt the inquiry.The agency says it has directed WestJet to provide information and will decide on next steps after it is received. Companies in this story: (TSX:WJA)The Canadian Press

  • CNW Group6 days ago

    Canadian Competition Bureau approves WestJet's proposed transaction with Onex

    CALGARY, Aug. 13, 2019 /CNW/ - WestJet Airlines Ltd. (TSX:WJA.TO - News) ("WestJet") today announced that the Canadian Competition Bureau has granted unconditional approval for WestJet's proposed transaction with Onex Corporation ("Onex") (TSX:ONEX.TO - News) (the "Arrangement") by issuing a no-action letter. Ed Sims, WestJet's President and Chief Executive Officer, said, "Receiving unconditional approval from the Canadian Competition Bureau is another important step on our path to closing the transaction.

  • WestJet Link giving Cranbrook another hub option
    CNW Group7 days ago

    WestJet Link giving Cranbrook another hub option

    WestJet's regional airline to begin service to Vancouver , October 27 CALGARY , Aug. 12, 2019 /CNW/ - WestJet today announced that its regional airline, WestJet Link, will begin operating nonstop flights ...

  • This Leading Private Equity Firm Is Making Big Moves in the Canadian Market
    The Motley Fool22 days ago

    This Leading Private Equity Firm Is Making Big Moves in the Canadian Market

    ONEX Corporation (TSX:ONEX) has already completed two major acquisitions of publicly traded Canadian companies over the past eight months. Find out why investors need to be paying careful attention to this leading private equity firm.

  • What the Latest Surge of M&A Activity in Canada’s Airline Industry Means for Investors
    The Motley Fool23 days ago

    What the Latest Surge of M&A Activity in Canada’s Airline Industry Means for Investors

    Recent months have seen a heatwave of M&A activity in Canada's airline industry, including the takeover of WestJet Airlines Ltd. (TSX:WJA) by a leading private equity firm. Find out what it all means for investors.

  • CNW Group24 days ago

    Court of Queen's Bench of Alberta approves WestJet's proposed transaction with Onex

    CALGARY, July 26, 2019 /CNW/ - WestJet Airlines Ltd. (TSX:WJA.TO - News) ("WestJet") today announced that the Court of Queen's Bench of Alberta has granted a final order approving the previously announced proposed transaction with Onex Corporation ("Onex") (TSX:ONEX.TO - News) (the "Arrangement"). The Arrangement was approved by more than 92.5 per cent of shareholders and optionholders who voted at a special meeting of WestJet held on July 23, 2019. The Arrangement is still subject to other conditions to closing, including receipt of the remaining regulatory approvals.

  • WestJet swings to profit in second quarter ahead of privatization
    The Canadian Press24 days ago

    WestJet swings to profit in second quarter ahead of privatization

    CALGARY — WestJet Airlines Ltd. says it swung to a profit in the second quarter ahead of Onex Corp. taking the airline private in a $3.5-billion deal.The Calgary-based company says it had net earnings of $44.3 million in the quarter ending June 30, compared with a loss of $15.8 million in the same quarter last year.Diluted earnings per share worked out to 38 cents each for the quarter, compared with a loss of 14 cents per share in the same quarter last year.The company saw total revenue climb to $1.21 billion from $1.09 billion last year as it flew 3.5 per cent more travellers in the quarter.Earlier this week, WestJet shareholders approved Onex's bid to acquire and take private the company for $31 a share. The deal is still subject to some closing conditions, including regulatory approvals.The offer was a reduction from the preliminary price of $35.75 per share submitted in March due to uncertainties related to the grounding of Boeing 737 Max jets, according to the proxy circular provided to shareholders."We are very pleased with this significant return to second quarter profitability," said WestJet President & CEO Ed Sims.The company's board has declared a cash dividend of 14 cents per share for the third quarter, to be paid out at the end of September. Companies in this story: (TSX:WJA) The Canadian Press

  • CNW Group24 days ago

    WestJet reports a significant return to second quarter profitability

    CALGARY , July 26, 2019 /CNW/ - WestJet (TSX: WJA) today announced its second quarter results for 2019, with net earnings of $44.3 million , or $0.38 per fully diluted share compared with a net loss of ...

  • WestJet shareholders 'overwhelmingly' approve of Onex takeover offer
    Yahoo Finance Canada27 days ago

    WestJet shareholders 'overwhelmingly' approve of Onex takeover offer

    WestJet Airlines Ltd. shareholders have approved the $5 billion takeover bid by Onex, paving the way for the private equity firm to take the airline private.

  • CNW Group27 days ago

    WestJet receives overwhelming securityholder support for its acquisition by Onex

    CALGARY, July 23, 2019 /CNW/ - WestJet Airlines Ltd. (TSX:WJA.TO - News) ("WestJet") today announced that at a special meeting held today (the "Meeting"), its shareholders and optionholders overwhelmingly voted to approve its previously announced proposed transaction with Onex Corporation ("Onex") (TSX:ONEX.TO - News).  Of the votes cast at the Meeting, more than 92.5 per cent of shareholders and optionholders who voted were in favour of the proposed transaction. WestJet and Onex entered into a definitive agreement on May 12, 2019 (the "Arrangement Agreement"), for the proposed acquisition of WestJet by Onex under a plan of arrangement, pursuant to which each outstanding share of WestJet will be exchanged for $31.00 in cash subject to the terms and conditions of the Arrangement Agreement (the "Arrangement"), following which WestJet will operate as a privately-held company.

  • More flights, more often with WestJet's winter schedule
    CNW Group28 days ago

    More flights, more often with WestJet's winter schedule

    Frequency increases to popular domestic, transborder and international destinations from airline's hubs in Calgary , Vancouver and Toronto Seasonal service to Paris and Nashville from Calgary resumes early ...

  • CNW Grouplast month

    WestJet voting reminder

    CALGARY, July 16, 2019 /CNW/ - WestJet Airlines Ltd. (TSX:WJA.TO - News) ("WestJet" or the "Corporation") would like to remind holders ( "Shareholders") of common voting shares and variable voting shares (collectively, the "Shares") and holders ("Optionholders", and together with the Shareholders, "Securityholders") of stock options ("Options") of the Corporation that your vote is very important at the upcoming special meeting (the "Meeting") of Securityholders to be held on July 23, 2019 at 10:00 a.m. (Mountain time) at the WestJet Campus, Fred Ring building, 22 Aerial Place N.E., Calgary, Alberta. At the Meeting, Securityholders will be asked to consider and, if deemed advisable, to pass a special resolution (the "Arrangement Resolution") approving an arrangement (the "Arrangement") under Section 193 of the Business Corporations Act (Alberta) involving the Corporation, Kestrel Bidco Inc. (the "Purchaser"), an affiliate of Onex Corporation ("Onex"), and the Securityholders, pursuant to which, among other things, the Purchaser will, subject to the terms and conditions set out in the arrangement agreement between WestJet and the Purchaser dated May 12, 2019, acquire all of the issued and outstanding Shares at a price of $31.00 per Share in cash (the "Consideration").

  • CNW Grouplast month

    WestJet wins top honours for marketing at 2019 Airline Strategy Awards

    Annual awards celebrate individuals and airlines that exhibit dynamic leadership and clear vision across multiple categories CALGARY , July 15, 2019 /CNW/ - WestJet has been awarded top honours for marketing ...

  • CNW Grouplast month

    WestJet gives Canadians more options for travel savings with the new WestJet RBC® Mastercard‡ companion voucher

    Annual round-trip companion voucher applicable for travel across WestJet's network within Canada for $199 CAD CALGARY , July 12, 2019 /CNW/ - WestJet today announced the introduction of its new annual ...

  • CNW Grouplast month

    Independent proxy advisor firms recommend WestJet shareholders vote FOR the proposed acquisition of WestJet by Onex

    CALGARY, July 10, 2019 /CNW/ - WestJet (TSX:WJA.TO - News) ("WestJet" or the "Company") is pleased to announce that independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. ("Glass Lewis"), have both recommended shareholders vote FOR the proposed acquisition of WestJet by Onex Corporation ("Onex") at the upcoming special meeting (the "Meeting") of shareholders and optionholders (collectively, "Securityholders") of WestJet being held on July 23, 2019 at 10:00 a.m. (Mountain Time) at the WestJet Campus, Fred Ring building, 22 Aerial Place N.E., Calgary, Alberta.

  • Swoop points to Boeing 737 Max ripple effect after wave of flight cancellations
    The Canadian Presslast month

    Swoop points to Boeing 737 Max ripple effect after wave of flight cancellations

    Passengers who had booked flights with the ultra-low-cost airline were left scrambling after it cancelled 23 flights between July 5 and July 10 due to "unscheduled maintenance" on a defective engine. The policy applies to events "within Swoop's control," which the maintenance issues were, according to spokeswoman Karen McIsaac.

  • This Dividend Growth Stock Could Double a $6000 TFSA Contribution
    The Motley Fool2 months ago

    This Dividend Growth Stock Could Double a $6000 TFSA Contribution

    Air travel stocks are going insane this year, and Cargojet Inc (TSX:CJT) may be the next one to explode

  • 3 Reasons to Buy and Hold Air Canada (TSX:AC) Stock Forever
    The Motley Fool2 months ago

    3 Reasons to Buy and Hold Air Canada (TSX:AC) Stock Forever

    Air Canada (TSX:AC) will maintain its status as Canada’s official airline for the foreseeable future and is an excellent choice for the buy-and-hold investor.

  • The Canadian Press2 months ago

    Most actively traded companies on the TSX

    Some of the most active companies traded Thursday on the Toronto Stock Exchange:

  • CNW Group2 months ago

    WestJet, Delta Air Lines obtain clearance from the Canadian Competition Bureau for transborder joint venture

    CALGARY and ATLANTA , June 27, 2019 /CNW/ - WestJet (TSX:WJA) and Delta Air Lines (NYSE:DAL) today announced that their proposed U.S. – Canada transborder joint venture has received clearance under Canada's ...

  • Baystreet2 months ago

    Stocks in play: WestJet

    Today again connected Alberta and Newfoundland and Labrador with the departure of its non-stop flight ...

  • CNW Group2 months ago

    WestJet begins summer service between Edmonton and St. John's

    Three-times weekly service conveniently connects the east and the west   CALGARY , June 26, 2019 /CNW/ - WestJet today again connected Alberta and Newfoundland and Labrador with the departure of its non-stop ...

  • CNW Group2 months ago

    WestJet announces Victoria/Cabo San Lucas starting this November

    Victoria , get to the sun sooner this winter CALGARY , June 25, 2019 /CNW/ - As part of its 2019/2020 winter schedule, today WestJet announced a hot new reason to travel south this winter – Cabo San Lucas, ...