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WestJet

WestJet Sells 25% Stake to Global Airline Partners

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Onex Partners has sold a 25% stake in Calgary-based airline WestJet for US$550 million, with Delta Air Lines acquiring 15% for US$330 million and Korean Air taking 10% for US$220 million. The deal includes an option for Delta to sell 2.3% of its share to Air France-KLM for US$50 million upon closing.

Onex acquired WestJet in 2019. Delta and Korean Air have partnered with WestJet since 2011. The move comes as WestJet adjusts operations, recently suspending several U.S.-bound routes due to declining demand from Canadian travelers.

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WestJet and TELUS Announce Partnership to Provide Free Inflight Internet

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WestJet and TELUS have launched a multi-year partnership to provide fast and free internet onboard WestJet aircraft, powered by Starlink. This collaboration sets a new standard in Canadian airline inflight connectivity. John Weatherill, WestJet’s Executive VP and Chief Commercial Officer, announced that the service will be available to WestJet Rewards members at no cost.

Zainul Mawji, TELUS Executive VP, highlighted the enhanced flying experience this partnership will bring. WestJet will be the first commercial Boeing 737 airline in North America to offer Starlink’s high-speed, low-latency internet. The installation will begin in late 2024, with completion targeted by 2026.

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