News

Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
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 Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...
Under the terms of the agreement, Delta ( NYSE: DAL) and Korean will acquire independent equity stakes totaling 25% in ...
Delta will buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...
Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners, the upper middle ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
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 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 ...