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Delta, Korean Air to Buy Stakes in WestJet For $550 Million - MSNDelta has agreed to spend $330 million for a 15% stake in WestJet, while Korean Air will invest $220 million in exchange for a 10% stake. After the deal closes, Delta has the right and intends to ...
Delta Air Lines and Korean Air are buying 25% of the second biggest airline in Canada, deepening cooperation between the SkyTeam alliance and WestJet. For U.S. flyers, this will bring a closer ...
(Reuters) -Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from private equity firm Onex Corp, the U.S. carrier said on Friday.
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 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 Inc. DAL and Korean Air announced on Friday that they will be purchasing minority stakes worth a combined $550 million in Canadian carrier WestJet. This strategic move has Delta ...
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Canadian airline WestJet is warning of "intermittent interruptions or errors" on its app and website as it investigates a ...
The busy summer travel season is here, and Delta Air Lines has announced something special that they haven't done in six years. Each year, Delta Air Lines gets 200 million travelers to more than 350 ...
Delta Air Lines DAL 5.14 % increase; green up pointing triangle and Korean Air 003490 1.41 % increase; green up pointing triangle Lines said they will take stakes in Canadian airline WestJet in ...
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.
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