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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 ...
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 ...
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
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.
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 ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Onex Corp. is selling minority stakes in WestJet Airlines to Korean Air and Delta Air Lines for a total of US$550 million.
U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 ...