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Delta, WestJet and Korean Air

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Delta and Korean Air buy stake in WestJet in $550 million deal amid shaky Canada-US travel

Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels under Trump's tariffs.

Delta and Korean Air invest in WestJet with Air France-KLM also set to benefit

Delta Air Lines and Korean Air have both acquired minority shares in Canadian carrier WestJet, with Air France-KLM also set to benefit from the investment.

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Delta Air Lines and Korean Air acquire a 25% stake in Canadian airline Westjet

Delta Air Lines (NYSE:DAL) and Korean Air announced on Friday that they will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian airline from Onex Partners.

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WestJet ownership restructured in $550M Onex deal

Onex CEO Bobby Le Blanc said that the deal closed at more than a 25% premium to the firm's current net asset value in the ...

Delta and Korean Air to buy 25% stake in Canada's WestJet

Delta Air Lines and Korean Air will acquire a combined minority stake of 25% in WestJet (WS, Calgary) from ONEX Group for a ...

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