WESTJET CEO SAYS CALGARY AIRLINE WILL STAY 'TRUE TO OUR DNA' IF ONEX'S $5B PURCHASE OFFER PROCEEDS

WESTJET CEO SAYS CALGARY AIRLINE WILL STAY 'TRUE TO OUR DNA' IF ONEX'S 5B PURCHASE OFFER PROCEEDS

WANTS TO ACQUIRE THE AIRLINE -- CANADA'S SECOND LARGEST BEHIND AIR CANADA -- AND WESTJET HAS AGREED.

"We like to think we're not just made in Calgary, we're made of Calgary," he said.
"They have not spent $5 billion on this entity to try and shrink their way to prosperity," he said.

With a $5-billion purchase offer on the table, WestJet's CEO says the company's long-term vision hasn't changed and it will remain headquartered in Calgary.  Toronto-based private equity firm Onex Corp. wants to acquire...

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