Onex Corp
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WestJet CEO Ed Sims to retire at the end of the yearWestJet says CEO Ed Sims will retire at the end of this year.CanadaJun 9, 2021
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WestJet shareholders won’t get December dividend as Onex acquisition closesWestJet Airlines Ltd. shareholders won't be receiving a quarterly dividend this month after Onex Corp. announced the completion of its acquisition of the Calgary-based airline.CanadaDec 11, 2019
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WestJet would remain Canadian after Onex deal: transportation regulatorThe proposed $3.5-billion acquisition of WestJet Airlines by an affiliate of Onex Corp. moved a step closer to completion after Canada's transportation regulator determined the airline will continue to meet Canadian ownership and control requirements.MoneyDec 10, 2019
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Air Canada files challenge with federal regulator over Onex deal to acquire WestJetAir Canada is challenging WestJet Airlines Ltd.'s $3.5-billion acquisition by Onex Corp., arguing in a filing to the country's transportation regulator the deal breaches federal rules that limit foreign ownership of carriers.MoneySep 3, 2019
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WestJet CEO says Boeing 737 Max grounding a ‘substantial loss’ ahead of buyoutWestJet chief executive Ed Sims says the grounding of the Boeing 737 Max is having a "substantial negative impact" on the airline, even as the company reported robust earnings in first quarter of 2019.EconomyJul 29, 2019
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WestJet swings to profit in second quarter ahead of privatizationWestJet Airlines Ltd. says it swung to a profit in the second quarter ahead of Onex Corp. taking the airline private in a $3.5-billion deal.MoneyJul 26, 2019
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WestJet Airlines Ltd. shareholders vote for acquisition by Onex Corp.The Calgary-based airline says 92.5 per cent of those who voted did so in favour of the transaction at a special meeting held Tuesday.CanadaJul 23, 2019
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Federal transport minister approves sale of WestJet to Onex at price reduced by 737 Max issuesFederal Transport Minister Marc Garneau has given his approval to the proposed $3.5-billion acquisition of WestJet Airlines by Onex Corp.MoneyJun 24, 2019
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Onex’s purchase of WestJet prompts Moody’s credit ratings review for possible downgradeOnex Corp.'s purchase of WestJet Airlines Ltd. has prompted Moody's Investors Service to place two of the carrier's credit ratings under review for possible downgrade.MoneyMay 14, 2019
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WestJet buyout: From rewards to travel plans, what to know about Onex’s $5B dealInitial news of the tentative buyout sent WestJet stocks up 61 per cent in mid-morning trading Monday.CanadaMay 13, 2019
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