Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp , the U.S. carrier said on Friday.

The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.

Delta shared that it’s buying 15% of its Canadian partner WestJet for $330 million, while Korean Air is buying another 10% for $220 million, according to a statement.

This separate transaction would remain subject to certain Air France-KLM approvals. The Onex Group will continue to own and control Calgary, Alberta-based WestJet. Delta and Korean have each been ...

Delta Air Lines and Korean Air have invested $550 million in Canada's WestJet for equity stakes. The investment comes at an uncertain time for Canada-US travel due to Trump's policies. Delta and ...

Delta Air Lines and Korean Air Lines said they will buy independent equity stakes worth $550 million in Canadian airline WestJet from Onex Partners. U.S. carrier Delta will spend $330 million and ...

CALGARY, AB, May 9, 2025 /PRNewswire/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian ...

Delta Air Lines and Korean Air are acquiring independent equity stakes in Canadian airline WestJet, amounting to a combined 25 percent ownership for $550 million. Delta will invest $330 million into ...

Delta Air Lines is buying a 15% stake in Calgary, Canada-based WestJet for $330 million, the company announced Friday. Another Delta partner, Korean Air, is also acquiring 10% of WestJet for $220 ...