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US legacy carrier Delta Air Lines has agreed to pay $330 million to acquire a 15% stake in Canadian airline WestJet. This ...
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
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.
Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet through the purchase of minority ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Korean Air and Delta Air Lines will strengthen their respective partnerships with WestJet by buying stakes in the airline ...
Delta Air Lines and Korean Air will take equity stakes of a combined 25% in WestJet, worth $550 million. Delta will take 15% ...
Once the deal closes, officials said, Delta has the right and intent to sell and transfer a 2.3 percent stake in WestJet to ...