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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 ...
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(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 ...
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 ...
Delta will be investing $330 million, acquiring a 15% stake, and Korean will invest $220 million in exchange for a 10% stake Onex will continue to own and control WestJet Onex acquired WestJet in ...
Onex Corp. bought WestJet in 2019, when the airline was coming off struggles that included labour issues, high fuel costs, competition and its first losses since launching as a regional carrier in ...
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.
Canadian airline WestJet is selling hundreds of millions of dollars worth of stakes in its business to Delta Air Lines and Korean Air.
The seller is Toronto-based asset manager Onex, which had bought WestJet in 2019 for $3.5 billion, the Toronto Globe and Mail reported. The fund manager will continue to own the majority of ...
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 ...
June 9 (Reuters) - Onex Corp's (ONEX.TO), opens new tab WestJet and pilots at its budget carrier Swoop ratified a new four-year agreement for pay hikes and job security, the Air Line Pilots ...
May 4 (Reuters) - Onex Corp's (ONEX.TO), opens new tab WestJet on Saturday said that it issued a 72-hour lockout notification to the union representing its maintenance engineers, the ‍Aircraft ...