Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ETCompany ParticipantsChristopher Allan Govan - Chief ...

Delta and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds and co-investors (the " Onex Group ") Agreement will ...

Despite challenges in fee-related earnings, Onex Corp (ONEXF) showcases robust asset growth and strategic investments in Q2 2025.

Onex’ private equity investments had net gains of $184 million or a 4% return in the second quarter of 2025 (Q2 2024: $121 million or a 2% return). Investments in Credit strategies generated net gains ...

for $50 million, subject to approvals. Despite these equity changes, Onex will retain control of WestJet, which is headquartered in Calgary, Alberta.

WestJet is grateful to our guests, our people, and our partners for their support and patience. Regular updates will continue to be provided as more details can be shared." ...

About Onex Onex invests and manages capital on behalf of its shareholders and clients across the globe. Formed in 1984, we have a long track record of creating value for our clients and shareholders.

The Onex Group will continue to own and control Calgary, Alberta-based WestJet. Delta and Korean have each been codeshare partners with WestJet for years.

Upon closing, Delta has the right and intent to sell and transfer a 2.3% stake in WestJet to its Joint Venture partner Air France-KLM, also an existing WestJet partner, in exchange for US$50 million.