Air France-KLM Completes Acquisition of a 2.3% Stake in WestJet

Air France-KLM completes acquisition of a 2.3% stake in WestJet

This transaction was initially announced on May 9th, 2025. Air France-KLM has partnered with WestJet since 2009, with the launch of interline ticketing. Since then, the partnership has grown to include code sharing and reciprocal benefits for loyalty members.  Follow Aeronews on Facebook, Twitter, LinkedIn, Bluesky and TikTok Air France-KLM purchased the 2.3% stake from its joint venture partner Delta Air Lines, which had taken a 15% minority st…

Onex Partners sells minority WestJet stakes

Onex Partners, a Canadian investor and alternative asset manager, has sold its minority equity stakes in WestJet to Delta Air Lines, Korean Air, and Air France-KLM. The transaction was closed on 22 October, however it had been ongoing since 9 May 2025, with the Onex Group retaining 75 per cent of its original stakes and thus the ownership and control of the airline. “Our new partners are widely regarded as among the best-performing and most inno…