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A speech by WestJet CEO Alexis von Hoensbroech is reigniting the conversation about air travel costs in Canada — a conversation he stands to benefit from more than Canadians do, experts say.
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 ...
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 ...
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% ...
US legacy carrier Delta Air Lines has agreed to pay $330 million to acquire a 15% stake in WestJet. This marks the latest development in the Atlanta-based SkyTeam founding member's ongoing partnership ...
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.
WestJet, which has had various partnerships with Delta and Korean Air since 2011, will continue to be owned and controlled by Onex, Delta said. "Delta, Korean and Air France-KLM are among the ...
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 ...