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News

Delta and Korean Air buy stake in WestJet

Insider on MSN · 6h
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.
The Wall Street Journal on MSN · 10h
Delta, Korean Air to Buy Stakes in WestJet For $550 Million
The investment comes at a shaky moment for travel between Canada and the U.S., with Canadians taking fewer trips to the U.S.
Reuters on MSN · 22h
Delta, Korean Air to Buy 25% Stake in Canada's WestJet
Delta will invest $330 million for a 15% stake and Korean Air will inject $220 million for a 10% interest. The U.S. airline also plans to sell and transfer a 2.3% stake in WestJet to its joint venture partner, Air France-KLM, for $50 million.
FlightGlobal
19h
SkyTeam partners poised to acquire 25% of Canada's WestJet
Delta Air Lines and Korean Air plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...
The Atlanta Journal-Constitution
18h
Delta and Korean Air buy stakes in WestJet
Delta Air Lines is buying a 15% stake in Calgary, Canada-based WestJet for $330 million, the company announced Friday. Another Delta partner, Korean Air, is also acquiring 10% of WestJet for $220 ...

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