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Air France-KLM finalizes stake purchase in Canada’s WestJet
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Air France-KLM finalizes stake purchase in Canada’s WestJet
Air France-KLM has finalized the purchase of a partial stake in Canadian airline WestJet, becoming one of three major carriers to acquire shares from investment firm Onex Partners. The transaction, announced in May, has now been completed.Onex sold a quarter of its WestJet holdings to Delta Air Lines, Korean Air, and Air France-KLM. Delta secured the largest portion with a 15 percent stake, while 2.3 percent of that was later sold to Air France-…
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