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WestJet Rejects Canada's C$150 Million Airline Loan Plan
✦ AI Brief
WestJet has strongly opposed Canada's plan to offer repayable loans to carriers facing higher jet fuel costs. The airline argues that government-backed liquidity could distort the competitive landscape in Canadian aviation. WestJet prefers a market where airlines compete based on their own strength, unlike government-backed loans during the Covid era. The airline's stance highlights a divide within the industry, with some carriers welcoming government intervention to help maintain operations and jobs.