A speech by WestJet CEO Alexis von Hoensbroech is reigniting the conversation about air travel costs in Canada — a ...

Onex Corp. ONEX-T is selling a 25-per-cent stake in WestJet Airlines to two of the world’s largest carriers for US$550-million, cashing in on an investment made just before the COVID-19 pandemic ...

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 ...

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 ...

U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 million U.S. The deal will see Delta invest $330 million U.S. for a 15% ...

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 ...

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

Delta Air Lines and Korean Air are buying 25% of the second biggest airline in Canada, deepening cooperation between the SkyTeam alliance and WestJet. For U.S. flyers, this will bring a closer ...

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 ...

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 ...