Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, 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 ...

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 ...

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 ...

Delta and Korean Air have both been both code-share partners with WestJet for more than a decade, and the two international ...

Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...

Onex Corp. is selling off a 25 per cent stake in WestJet, which could be a sign the company is looking to get out of the ...

Onex’s upper mid-market private equity platform Onex Partners has agreed to sell minority interests in WestJet, a Canadian low-cost airline, to Delta Air Lines and Korean Air.

The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.

1:41 Air Canada and WestJet fail to get altitude in J.D. Power’s annual airline customer satisfaction survey Onex Corp. is selling minority stakes in Calgary-based WestJet to Delta Air Lines and ...