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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 ...
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
Delta Air Lines (NYSE:DAL) and Korean Air announced on Friday that they will strengthen their respective partnerships with ...
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 buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...
Delta, Korean Air to strengthen partnerships with WestJet Delta and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds ...
14hOpinion
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 ...
Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Canadian airline WestJet is selling hundreds of millions of dollars worth of stakes in its business to Delta Air Lines and ...
Delta and Korean Air will each purchase minority stakes in WestJet, totaling $550 million, to strengthen their partnerships ...
1d
TravelPulse on MSNDelta, Korean Air to Acquire 25 Percent Stake in WestJetDelta Air Lines and Korean Air are acquiring independent equity stakes in Canadian airline WestJet, amounting to a combined ...
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