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Onex selling minority stakes in WestJet to Delta and Korean Air

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Summary
Nutrition label

65% Informative

Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air for a total of US$550 million .

Delta will acquire a 15 per cent stake in the Calgary -based airline for US$330 million .

After the deal closes, Delta plans to sell a 2.3 per cent share to its joint venture partner Air France-KLM .

Air Canada is a member of the rival Star Alliance network.

VR Score

66

Informative language

66

Neutral language

42

Article tone

formal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

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