What airlines does ONEX own?
Onex Corporation, a major Canadian private equity and alternative asset management firm, maintains a controlling majority ownership stake in WestJet, Canada's second-largest airline. Under the overarching WestJet Group corporate umbrella, Onex also controls regional operations through WestJet Encore, dedicated air cargo services via WestJet Cargo, and leisure vacation services through the Sunwing Vacations Group. While Onex retains a controlling 75 percent equity stake in the airline group, strategic minority equity partners—including Delta Air Lines and Korean Air—hold complementary investment positions following recent cross-border corporate restructuring.
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