Billionaire Gerry Schwartz’s $2.6 billion
bid for WestJet Airlines is a bet his private equity
firm’s deep pockets and patience will help the Canadian carrier
weather challenges and build a more formidable competitor
against market leader Air Canada, industry analysts and
executives said on Tuesday.
JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/nh2_1_Q-GEk/billionaire-schwartzs-money-approach-may-be-right-move-for-canadas-westjet-airlines-idUSL2N22Q16U