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Delta will buy a 15% minority interest while Korean Air will take a 10% stake. Read more at straitstimes.com. Read more at ...
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 ...
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 ...
Delta Air Lines and Korean Air Lines will acquire an aggregate 25% stake in Canada's WestJet Airlines for $550 million from ...
Under the deal, Delta will buy a 15 per cent minority interest for US$330 million while Korean Air will pay US$220 million ...
Delta Air Lines (NYSE:DAL) and Korean Air announced on Friday that they will strengthen their respective partnerships with ...
The move comes at a time when airlines are increasingly engaging in consolidation to secure their dominance against rivals.
Canadian airline WestJet is selling hundreds of millions of dollars worth of stakes in its business to Delta Air Lines and ...
Delta Air Lines and Korean Air Lines will acquire an aggregate 25 per cent 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 plan to acquire 25% of Canadian discount carrier WestJet, and Delta intends to sell 2.5% share ...
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