Source: Delta Air Lines 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 further align airlines’ interests, expand customer benefits and strengthen connectivity between Canada and North America, Europe and Asia and beyond Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle market private equity platform of Onex, a Canadian investor and alternative asset manager. Affiliated funds and co-investors of the Onex Group intend to participate in the sale alongside Onex Partners. These investments build on each airline’s existing [...]

Source: Alaska Airlines Brooke Vatheuer has been promoted to senior vice president of safety and audit programs for Alaska Air Group and Alaska Airlines. Allie Wittenberger has been elected vice president of audit programs for Alaska Airlines. The Alaska Air Group board of directors has placed two veteran executives in key oversight roles to enhance safety and internal audit functions at Alaska Airlines, Hawaiian Airlines, Horizon Air and McGee Air Services.  These appointments support Safety as the Company’s top priority and Alaska and Hawaiian’s continued international growth. The reorganized leadership structure involves: Brooke Vatheuer, who has been promoted to senior vice president of safety and audit programs for Alaska Air Group and Alaska Airlines; Max Tidwell, who remains vice president [...]

Source: Delta Air Lines Delta Air Lines is enhancing its Fly Delta app this summer with real-time flight updates, personalized notifications, seamless travel documentation support and more – giving customers greater control through expanded self-service features and a more connected travel experience. There are just a few weeks left until summer – and the busiest travel season of the year wouldn’t be complete without the award-winning Fly Delta app by your side. As your ultimate travel companion, Fly Delta helps you book, manage and stay in control of your journey every step of the way. Available starting today and with new features coming throughout the summer, the latest app update, Fly Delta 7.0, includes a lineup of new features designed [...]

Source: Air Canada Operating revenues of $5.196 billion for the first quarter of 2025, 1% lower year over year. Operating loss of $108 million and adjusted EBITDA* of $387 million with adjusted EBITDA margin* of 7.4%. Cash flow from operating activities of $1.526 billion and free cash flow* of $831 million, a year-over-year decrease of $66 million and $225 million respectively. Leverage ratio* of 1.3 at March 31, 2025, compared to 1.4 at end of 2024. Purchased and cancelled over 15 million shares in the quarter, completing the normal course issuer bid announced in November 2024. Announced intention to launch substantial issuer bid (SIB) to purchase and cancel up to $500 million of shares. Air Canada has reported its first [...]