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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 ...
Delta and Korean to acquire independent equity stakes totaling 25% in WestJet for US$550 million from Onex Partners and its affiliated funds and co-investors (the“Onex Group”) Agreement will further ...
Next week the carrier plans to kick off a new policy that will make flying more expensive for many of its customers.
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 ...
Canadian carrier WestJet, fresh off deepening ties with Delta Air Lines and Korean Air, is moving to strengthen its codeshare ...
Delta Air Lines and Korean Air will take equity stakes of a combined 25% in WestJet, worth $550 million. Delta will take 15% ...
(Bloomberg) — Delta Air Lines Inc. and Korean Air Lines Co. will spend $550 million acquiring a stake in Canadian carrier WestJet, adding to the broader consolidation among airlines globally. The 25% ...
Delta Airlines and Korean Air are buying a minority stake in Calgary-based Westjet from Onex Corp. for $550 million U.S.
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 ...