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WestJet Stake Sale: Delta, Korean Air Invest in Carrier

Friday, May 9, 2025, 1:23 pm more...

In a significant shake-up in the aviation sector, Delta and Korean Air have acquired a 25% minority stake in Canadian carrier WestJet from Onex Corp for US$550 million. This deal not only marks a profitable turnaround for Onex but also reshuffles industry dynamics, leaving insiders buzzing about what’s next for the carrier’s future.

nationalpost.com / Delta, Korean Air buy 25% stake in Canadian carrier WestJet in US$550 million deal

globalnews.ca / Onex selling minority stakes in WestJet to Delta and Korean Air

financialpost.com / Onex recoups its investment in WestJet with sale of 25% stake to foreign airlines

permalink / 3 stories from sources in 2 days ago #trade #business #canada #south-korea +


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