View Single Post
Old 07-02-2022, 01:15 PM   #72
calgarygeologist
Franchise Player
 
Join Date: Dec 2013
Exp:
Default

Quote:
Originally Posted by Azure View Post
Does the $5.4 billion in loans include COVID support? Are you saying Westjet took zero dollars in any kind of COVID support, loans, bailouts, government resources, etc?

Is that because it wasn't available or because they just never took it?
WestJet was offered a government loan as well although the terms of the offer took much longer to figure out than the AC deal. In the end, WestJet ownership and Management decided that the terms were unfavourable and did not accept support from the Feds. They did participate in the wage subsidy program though.
calgarygeologist is offline   Reply With Quote