The asset manager is selling a 15% stake to Delta and 10% to Korean Air Lines in deal that positions WestJet for additional ...

Onex CEO Bobby Le Blanc said that the deal closed at more than a 25% premium to the firm's current net asset value in the ...

Onex Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to position the Calgary-based airline for growth abroad amid intensifying domestic ...

Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority ...

Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp, the U.S. carrier said on Friday. Delta will ...

Onex Corp. bought WestJet in 2019, when the airline was coming off struggles that included labour issues, high fuel costs, competition and its first losses since launching as a regional carrier in ...

Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...

Delta will be investing $330 million, acquiring a 15% stake, and Korean will invest $220 million in exchange for a 10% stake Onex will continue to own and control WestJet Onex acquired WestJet in ...

CALGARY, AB, May 9, 2025 /PRNewswire/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian ...

Canadian airline WestJet is selling hundreds of millions of dollars worth of stakes in its business to Delta Air Lines and ...

Delta Air Lines and Korean Air plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...

WestJet, which has had various partnerships with Delta and Korean Air since 2011, will continue to be owned and controlled by Onex, Delta said. "Delta, Korean and Air France-KLM are among the ...