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 ...

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 ...

Onex acquired WestJet in 2019. “Delta, Korean and Air France-KLM are among the world’s most prominent and best-managed airlines,” Tawfiq Popatia, co-head of Onex Partners, said in a statement.

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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 ...

Onex Corp. is selling minority stakes in WestJet to Delta Air Lines and Korean Air in a US$550-million deal that aims to position the Calgary-based airline for growth abroad amid intensifying ...

Delta will be investing US$330 million and acquiring a 15% stake, and Korean will invest US$220 million in exchange for a 10% stake. Upon closing, Delta has the right and intent to sell and transfer a ...

Under the deals announced Friday, Delta will acquire a 15 per cent stake in the Calgary-based airline for US$330 million, while Korean Air will buy a 10 per cent stake for US$220 million. “Delta, ...

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 will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the companies announced on Friday. Under the arrangement, Delta will acquire a ...

Korean Air Lines shares rose sharply, leading a broad rally in South Korean airline stocks amid hopes that the won's strength could help reduce their cost burden. The won hit a six-month intraday ...