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 ...

Korean Air is stepping up efforts to expand its footprint in North America by deploying more of its Airbus A380 superjumbos ...

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

The asset manager is selling a 15% stake to Delta and 10% to Korean Air Lines in deal that positions WestJet for additional ...

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 ...

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

Delta Air Lines and Korean Air plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...

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 ...

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

WestJet passenger jets parked at departure gates at the Calgary International Airport on Wednesday, May 31, 2023.THE CANADIAN PRESS/Jeff McIntosh CALGARY — Onex Corp. is selling minority stakes in ...

Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...

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