Foreign airlines now own 25% of WestJet

Foreign airlines now own 25% of WestJet

WestJet sells 25% to foreign airlines, deepening international ties and boosting its global expansion strategy.

Global airline giants take minority stakes in WestJet

Onex Partners and WestJet have finalised the sale of minority equity stakes in the Canadian carrier to Delta Air Lines, Korean Air, and Air France-KLM. The sale marks a new chapter in WestJet’s international partnerships while keeping control with Onex Partners, the private equity platform of Onex Corporation. The transaction, first announced on May 9, 2025, officially closed on October 22, 2025. Under the deal, Delta Air Lines acquired a 15% st…