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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 ...
Upon closing, Delta has the right and intent to sell and transfer a 2.3% stake in WestJet to its Joint Venture partner Air France-KLM, also an existing WestJet partner, in exchange for US$50 million.
Delta Air Lines is the biggest airlines in the United States, and as with many of the major airlines, Delta offers special perks to certain passengers. One of the airline's programs with perks is ...
Delta Air Lines and Korean Air are spending US$550 million to acquire minority stakes in Calgary-based WestJet, adding to the broader consolidation among airlines globally. The 25 per cent stake ...
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 ...
1:41 Air Canada and WestJet fail to get altitude in J.D. Power’s annual airline customer satisfaction survey Onex Corp. is selling minority stakes in Calgary-based WestJet to Delta Air Lines and ...
(Reuters) -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.
Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to position the Calgary-based airline for growth abroad amid intensifying ...
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 ...
Delta Air Lines DAL5.79%increase; green up pointing triangle and Korean Air 003490-0.66%decrease; red down pointing triangle Lines said they will take stakes in Canadian airline WestJet in deals ...
Under the deals announced Friday, Delta will acquire a 15 per cent stake in the Calgary-based airline for US$330 million, while Korean Air will buy a 10 per cent stake for US$220 million. “Delta, ...