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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 Corp. has sold a minority stake in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to ...
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 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.
U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
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 ...
Delta and Korean Air will each purchase minority stakes in WestJet, totaling $550 million, to strengthen their partnerships ...