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Onex, a Toronto-based private equity firm chaired by Gerry Schwartz, made a long-coveted leap into aviation in 2019 by signing a friendly deal to buy WestJet in an all-cash transaction of $3.5 ...

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 position the Calgary-based airline for growth abroad amid intensifying ...

WestJet passenger jets parked at departure gates at the Calgary International Airport on Wednesday, May 31, 2023.THE CANADIAN PRESS/Jeff McIntosh Onex Corp. has sold a minority stake in WestJet to ...

WestJet passenger jets parked at departure gates at the Calgary International Airport on Wednesday, May 31, 2023.THE CANADIAN PRESS/Jeff McIntosh Onex Corp. has sold a minority stake in WestJet to ...

Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp , the U.S. carrier said on Friday.