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Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...
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 will invest $330 million for a 15% stake and Korean Air will inject $220 million for a 10% interest. The U.S. airline ...
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...
Daily Memo: What’s Next For WestJet After Its Airline Partners Become Investors? is published in Aviation Daily, an Aviation ...
Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority ...
Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority ...
Delta Air Lines DAL3.92%increase; green up pointing triangle and Korean Air 003490 1.34%increase; green up pointing triangle Lines said they will take stakes in Canadian airline WestJet in deals ...
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 ...
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 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 ...