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 ...

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 have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...

Delta Air Lines and Korean Air are investing in WestJet, deepening global airline partnerships and expanding their ...

Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...

U.S.-based Delta Air Lines (DAL) and Korean Air Lines are buying a combined 25% stake in Canada’s WestJet Airlines for $550 ...

Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority ...

Delta also plans to sell 2.3% of its stake to Air France-KLM for $50 million. Onex, which bought WestJet in 2019, remains the majority owner. Though the deal strengthens ties among SkyTeam alliance ...

Once the deal closes, officials said, Delta has the right and intent to sell and transfer a 2.3 percent stake in WestJet to ...

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