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Delta Air Lines and Korean Air will buy a combined 25 per cent stake in WestJet from Canadian investment firm Onex, the ...
Delta Air Lines and Korean Air are investing a combined $550 million in Canada's WestJet despite shaky Canada-US travels ...
Delta Air Lines and Korean Air Lines will acquire an aggregate 25 per cent stake in Canada's WestJet Airlines for $550 ...
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 and Korean Air are to acquire independent equity stakes totalling 25% in WestJet for a total of $550 million. The bold move will see Delta invest $330 million for a 15% stake in the airline, and ...
Onex is selling a 25 per cent stake in WestJet to two of the world’s largest airlines for $550 million US. The equity firm ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
DALLAS — Delta Air Lines (DL) and Korean Air (KE) will deepen their agreements with WestJet (WS) by acquiring minority equity ...
WestJet has announced it's selling 25 per cent of its minority shares to Delta Air Lines and Korean Air for a total of $550 ...
"Delta, Korean and Air France-KLM are among the world's most prominent and best-managed airlines. Onex is delighted to welcome them as shareholders in WestJet,” said Tawfiq Popatia, Co-Head of Onex ...
Onex Corp. is selling off a 25 per cent stake in WestJet, which could be a sign the company is looking to get out of the ...
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