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

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

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 ...

Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the companies announced on Friday. Under the arrangement, Delta will acquire a ...

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

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

Under the terms of the deal, Delta Air Lines and Korean Air will acquire independent equity stakes totaling 25 percent in WestJet.

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 and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds and co-investors (the“Onex Group”) Agreement will further ...

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 ...