Onex Capital takes Canada’s WestJet private in buyout deal

Credit: WestJet
Toronto-based private-equity firm Onex Capital will purchase Canadian LCC WestJet in an all-cash deal valued at C$3.5 billion ($2.6 billion), the companies announced May 13. Including WestJet’s debt, the transaction’s value is C$5.1 billion. The deal, which requires Canadian regulatory approval, is...
Sean Broderick

Senior Air Transport & Safety Editor Sean Broderick covers aviation safety, MRO, and the airline business from Aviation Week Network's Washington, D.C. office.

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