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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 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.
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Delta and Korean Air Acquire 25% Stake of WestJet — What To KnowDelta 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 ...
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 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 ...
Carry-on baggage rules changing in 2025: American Airlines, Delta, and WestJet update size limits, personal item policies, ...
Delta and Korean Air announces a $550 million investment in WestJet to strengthen global partnerships. Delta plans to transfer part of its WestJet stake to joint venture partner Air France-KLM ...
CALGARY, AB, May 9, 2025 /PRNewswire/ - Delta Air Lines and Korean Air will strengthen their respective partnerships with WestJet through the purchase of minority equity stakes in the Canadian ...
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Delta, Korean Air to Buy Stakes in WestJet For $550 MillionDelta Air Lines and Korean Air Lines said they will take stakes in Canadian airline WestJet in deals valued at $550 million. The airlines said Friday that the agreement will strengthen ...
Delta Air Lines and Korean Air are acquiring independent equity stakes in Canadian airline WestJet, amounting to a combined 25 percent ownership for $550 million. Delta will invest $330 million into ...
(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.
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