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 ...

U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 ...

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

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

DALLAS — Delta Air Lines (DL) and Korean Air (KE) will deepen their agreements with WestJet (WS) by acquiring minority equity ...

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 ...

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

Onex, a Toronto-based private equity firm chaired by Gerry Schwartz, made a long-coveted leap into aviation in 2019 by signing a friendly deal to buy WestJet in an all-cash transaction of $3.5 ...

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 ...