Delta and Korean Air are to acquire independent equity stakes totalling 25% in WestJet for a total of $550 million. The bold move will see Delta invest $330 million for a 15% stake in the airline, and ...

Delta and Korean Air have both been both code-share partners with WestJet for more than a decade, and the two international ...

Onex Corp (ONEXF) navigates market volatility with strategic investments and asset management growth, despite M&A slowdowns and tariff concerns.

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

Onex is cashing in on a $550-million deal, selling a 25 per cent stake of Calgary-based WestJet to Delta Airlines and Korean Air, creating buzz for passengers.

WestJet has announced it's selling 25 per cent of its minority shares to Delta Air Lines and Korean Air for a total of $550 ...

Onex is selling a 25 per cent stake in WestJet to two of the world’s largest airlines for $550 million US. The equity firm ...

Equities in Canada's largest centre finished emphatically high on Friday, as some of the apprehension over the trade war ...

The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.

The Dow Jones Industrial Average slipped on Friday (May 9) as investors looked ahead to key trade talks between U.S. and ...

Onex Corp. is selling off a 25 per cent stake in WestJet, which could be a sign the company is looking to get out of 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 ...