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The asset manager is selling a 15% stake to Delta and 10% to Korean Air Lines in deal that positions WestJet for additional ...
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
Delta Airlines and Korean Air are buying a minority stake in Calgary-based Westjet from Onex Corp. for $550 million U.S.
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 ...
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 ...
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
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 ...
Under the terms of the deal, Delta Air Lines and Korean Air will acquire independent equity stakes totaling 25 percent in WestJet.
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 ...