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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 ...
May 9 (Reuters) - Delta Air Lines (DAL.N), opens new tab and Korean Air Lines (003490.KS), opens new tab will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million for a 10 per cent stake. Delta will also have the right to sell and transfer ...
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 Airlines and Korean Air are buying a minority stake in Calgary-based Westjet from Onex Corp. for $550 million U.S.
CALGARY, AB, May 9, 2025 /CNW/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline ...