Private equity firm Onex Corporation is acquiring Canada's WestJet Airlines and taking the company private in a multi-billion dollar deal. WestJet Airlines Ltd. announced the impressive ...

However, Onex's pursuit of WestJet was no doubt attractive to the airline as the acquisition gives the airline some breathing room to execute on two important strategies to sustain its position and ...

ONEX) and its affiliated funds will acquire all outstanding shares of WestJet for $31.00 per share, after which WestJet will operate as a privately-held company. The purchase price represents a 67 ...

In a move that sent shockwaves through the Canadian travel community, WestJet today it's being purchased by Canadian investment company Onex, headed by Toronto-based Gerry Schwartz. WestJet said the ...

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 ...

“The transaction was completed at more than a 25 per cent premium to our current WestJet NAV (net asset value),” Onex chief executive Bobby Le Blanc said on a conference call Friday morning. “This is ...

(Bloomberg) -- WestJet Airlines Ltd., Canada’s second ... The Calgary-based company owned by private equity firm Onex Corp. has already canceled around 50 flights in Canada and the US through ...

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Play the USA TODAY Daily Crossword Puzzle. WestJet, which is owned by Onex Corp and also serves destinations across the U.S., was not immediately available for comment on Sunday. On Saturday ...

WestJet, which is backed by Onex Corp and which competes with rival Air Canada, is facing demands from employees for improved working conditions and higher salaries.

Private equity firm Onex Corporation is acquiring Canada's WestJet Airlines and taking the company private in a multi-billion dollar deal. WestJet Airlines Ltd. announced the impressive ...