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The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
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Delta and Korean Air buy stake in WestJet in $550 million deal amid shaky Canada-US travelDelta Air Lines and Korean Air will pay a combined $550 million in exchange for stakes in Canada's WestJet, the three companies announced in a joint statement on Friday. Delta, headquartered in ...
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 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 ...
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Calgary Herald on MSNVarcoe: Major international airlines buy stake in WestJet, amid 'transition year' for Calgary-based airlineDelta and Korean Air have both been both code-share partners with WestJet for more than a decade, and the two international carriers are part of the Skyteam Airline Alliance. The deal will still see ...
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 ...
The asset manager is selling a 15% stake to Delta and 10% to Korean Air Lines in deal that positions WestJet for additional international growth ...
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 ...
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Delta Air Lines and Korean Air are buying a combined $550 million equity stake in Canada's WestJet.MIKE SEGAR/REUTERS Delta Air Lines and Korean Air have invested $550 million in Canada's WestJet ...
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 ...
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